SMSI
Smith Micro Software Inc
NASDAQ: SMSI · TECHNOLOGY · SOFTWARE - APPLICATION
$0.90
+9.91% today
Updated 2026-04-30
Market cap
$20.61M
P/E ratio
—
P/S ratio
1.19x
EPS (TTM)
$-1.46
Dividend yield
—
52W range
$0 – $1
Volume
0.4M
Smith Micro Software Inc (SMSI) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $54.47M | $73.38M | $98.42M | $107.28M | $130.50M | $57.77M | $43.33M | $42.67M | $36.98M | $39.51M | $28.23M | $22.97M | $26.29M | $43.35M | $51.30M | $58.42M | $48.51M | $40.86M | $20.55M | $17.36M |
| Revenue growth (YoY) | — | +34.7% | +34.1% | +9.0% | +21.6% | -55.7% | -25.0% | -1.5% | -13.3% | +6.8% | -28.5% | -18.6% | +14.4% | +64.9% | +18.4% | +13.9% | -17.0% | -15.8% | -49.7% | -15.5% |
| Cost of revenue | $20.26M | $20.64M | $20.11M | $15.49M | $15.51M | $13.76M | $8.45M | $9.71M | $9.32M | $8.15M | $7.56M | $5.08M | $4.33M | $3.93M | $5.19M | $12.70M | $14.21M | $10.56M | $6.13M | $4.50M |
| Gross profit | $34.21M | $52.73M | $78.32M | $91.79M | $114.99M | $44.01M | $34.88M | $32.97M | $27.66M | $31.36M | $20.67M | $17.89M | $21.95M | $39.42M | $46.11M | $45.72M | $34.30M | $30.30M | $14.43M | $12.86M |
| Gross margin | 62.8% | 71.9% | 79.6% | 85.6% | 88.1% | 76.2% | 80.5% | 77.3% | 74.8% | 79.4% | 73.2% | 77.9% | 83.5% | 90.9% | 89.9% | 78.3% | 70.7% | 74.2% | 70.2% | 74.1% |
| R&D | $7.90M | $14.77M | $30.81M | $36.53M | $42.76M | $41.71M | $24.77M | $21.30M | $14.19M | $13.86M | $15.91M | $8.95M | $8.60M | $11.68M | $17.77M | $26.20M | $29.87M | $17.14M | $14.09M | $10.72M |
| SG&A | $17.52M | $33.71M | $44.80M | $19.16M | $24.15M | $25.28M | $20.21M | $18.22M | $13.22M | $11.13M | $10.34M | $8.55M | $8.61M | $9.92M | $12.80M | $17.92M | $16.16M | $12.78M | $10.58M | $10.01M |
| Operating income | $8.79M | $4.25M | $2.70M | $11.11M | $18.38M | $-165.67M | $-27.00M | $-27.83M | $-11.74M | $-2.54M | $-15.90M | $-5.67M | $-1.21M | $10.11M | $3.52M | $-30.94M | $-30.93M | $-18.05M | $-49.39M | $-24.51M |
| Operating margin | 16.1% | 5.8% | 2.7% | 10.4% | 14.1% | -286.8% | -62.3% | -65.2% | -31.8% | -6.4% | -56.3% | -24.7% | -4.6% | 23.3% | 6.9% | -53.0% | -63.7% | -44.2% | -240.3% | -141.1% |
| EBITDA | $10.88M | $7.45M | $11.15M | $21.65M | $30.16M | $-39.40M | $-22.33M | $-18.22M | $-6.38M | $-634000.00 | $-13.76M | $-4.88M | $-262000.00 | $11.64M | $7.10M | $-8.74M | $-17.67M | $-10.66M | $-19.10M | $-13.85M |
| EBITDA margin | 20.0% | 10.1% | 11.3% | 20.2% | 23.1% | -68.2% | -51.5% | -42.7% | -17.2% | -1.6% | -48.7% | -21.2% | -1.0% | 26.9% | 13.8% | -15.0% | -36.4% | -26.1% | -92.9% | -79.8% |
| EBIT | $8.79M | $4.25M | $2.70M | $11.11M | $18.38M | $-49.58M | $-26.76M | $-22.23M | $-9.31M | $-2.54M | $-13.79M | $-5.80M | $-1.04M | $10.30M | $3.52M | $-18.07M | $-26.37M | $-18.05M | $-25.40M | $-19.25M |
| Interest expense | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $30000.00 | $4000.00 | $389000.00 | $1.12M | $472000.00 | $228000.00 | $1.48M | $25.62M | $2.68M | $6.35M | $112000.00 | $407000.00 |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $8.96M | $3.16M | $-732000.00 | $4.75M | $12.35M | $-159.61M | $-25.46M | $-27.95M | $-11.80M | $-2.60M | $-15.34M | $-6.66M | $-2.74M | $10.72M | $4.17M | $-31.04M | $-29.28M | $-24.40M | $-48.70M | $-30.10M |
| Net income growth (YoY) | — | -64.7% | -123.2% | +749.2% | +159.8% | -1392.8% | +84.0% | -9.8% | +57.8% | +77.9% | -489.7% | +56.6% | +58.9% | +491.3% | -61.2% | -845.3% | +5.7% | +16.7% | -99.6% | +38.2% |
| Profit margin | 16.4% | 4.3% | -0.7% | 4.4% | 9.5% | -276.3% | -58.8% | -65.5% | -31.9% | -6.6% | -54.3% | -29.0% | -10.4% | 24.7% | 8.1% | -53.1% | -60.4% | -59.7% | -236.9% | -173.3% |