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SMSI (Smith Micro Software, Inc.) Stock Financials & Earnings | Market Cap Arena
SMSI
Smith Micro Software, Inc.
Mkt Cap
$16M
Technology
·
Software - Application
·
🇺🇸 United States
·
NASDAQ
Revenue (TTM)
$17M
Net Income (TTM)
-$29M
EPS (TTM)
-$1.65
Free Cash Flow (TTM)
-$7M
Gross Margin
74.1%
Op. Margin
-161.7%
Net Margin
-169.7%
FCF Margin
-41.8%
P/S Ratio (TTM)
0.9x
P/E Ratio (TTM)
—
YoY Rev Growth
-15.5%
Employees
—
Earnings Reports
▶
Q4 2025
NEW
Browse All Reports
Quarterly
FY
Revenue & Profitability
Revenue
Gross Profit
Operating Income
Quarter
Revenue
Gross Profit
Op. Income
Q1 23
$11M
$8M
-$7M
Q2 23
$10M
$8M
-$3M
Q3 23
$11M
$8M
-$2M
Q4 23
$9M
$6M
-$6M
Q1 24
$6M
$4M
-$31M
Q2 24
$5M
$4M
-$7M
Q3 24
$5M
$3M
-$7M
Q4 24
$5M
$4M
-$4M
Q1 25
$5M
$3M
-$5M
Q2 25
$4M
$3M
-$15M
Q3 25
$4M
$3M
-$4M
Q4 25
$4M
$3M
-$3M
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Valuation
P/S Ratio
P/E Ratio
Quarter
P/S
P/E
Q1 23
0.3x
—
Q2 23
0.4x
—
Q3 23
0.4x
—
Q4 23
0.4x
—
Q1 24
0.4x
—
Q2 24
0.5x
—
Q3 24
0.7x
—
Q4 24
0.8x
—
Q1 25
0.8x
—
Q2 25
0.8x
—
Q3 25
0.9x
—
Q4 25
0.9x
—
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Operating Cash Flow
Operating Cash Flow
Free Cash Flow
Quarter
Operating CF
Free CF
Q1 23
-$5M
-$5M
Q2 23
-$2M
-$2M
Q3 23
$2M
$2M
Q4 23
-$1M
-$1M
Q1 24
-$1M
-$1M
Q2 24
-$4M
-$4M
Q3 24
-$4M
-$4M
Q4 24
-$5M
-$5M
Q1 25
-$602K
-$606K
Q2 25
-$2M
-$2M
Q3 25
-$2M
-$2M
Q4 25
-$2M
-$2M
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Capital Expenditures
CapEx
Quarter
CapEx
Q1 23
$0
Q2 23
$0
Q3 23
$8K
Q4 23
$999
Q1 24
$4K
Q2 24
$7K
Q3 24
$6K
Q4 24
$3K
Q1 25
$4K
Q2 25
$4K
Q3 25
$21K
Q4 25
$31K
marketcaparena.com
OpEx vs Revenue Growth (YoY)
Revenue Growth
OpEx Growth
Quarter
Revenue Growth
OpEx Growth
Q1 23
-14.2%
-9.6%
Q2 23
-18.4%
-35.5%
Q3 23
-6.0%
-34.3%
Q4 23
-24.7%
-23.0%
Q1 24
-47.0%
+108.5%
Q2 24
-50.3%
-10.8%
Q3 24
-57.7%
-15.4%
Q4 24
-42.2%
-34.0%
Q1 25
-20.3%
-73.6%
Q2 25
-14.0%
+59.9%
Q3 25
-6.5%
-20.8%
Q4 25
-20.0%
-21.5%
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Stock-Based Compensation
SBC ($)
% of Revenue
Quarter
SBC ($)
% of Revenue
Q1 23
$945K
8.6%
Q2 23
$1M
10.0%
Q3 23
$1M
12.2%
Q4 23
$0
0.0%
Q1 24
$1M
19.6%
Q2 24
$0
0.0%
Q3 24
$1M
26.9%
Q4 24
$983K
19.8%
Q1 25
$1M
23.5%
Q2 25
$1M
24.8%
Q3 25
$0
0.0%
Q4 25
$781K
19.7%
marketcaparena.com
OpEx Breakdown
R&D
G&A
S&M
Quarter
R&D
G&A
S&M
Q1 23
$6M
$3M
$4M
Q2 23
$4M
$3M
$3M
Q3 23
$4M
$3M
$2M
Q4 23
$4M
$3M
$2M
Q1 24
$4M
$3M
$3M
Q2 24
$4M
$3M
$3M
Q3 24
$4M
$3M
$2M
Q4 24
$3M
$2M
$2M
Q1 25
$3M
$3M
$2M
Q2 25
$3M
$3M
$2M
Q3 25
$3M
$2M
$1M
Q4 25
$3M
$2M
$1M
marketcaparena.com
Rule of 40
Rule of 40
Quarter
Rev Growth %
EBITDA Margin %
Rule of 40
Q1 23
-14.2%
-47.9%
-62.1
Q2 23
-18.4%
-19.3%
-37.7
Q3 23
-6.0%
-19.1%
-25.0
Q4 23
-24.7%
-40.5%
-65.2
Q1 24
-47.0%
-95.6%
-142.6
Q2 24
-50.3%
-105.7%
-156.0
Q3 24
-57.7%
-106.1%
-163.8
Q4 24
-42.2%
-61.2%
-103.4
Q1 25
-20.3%
-83.5%
-103.8
Q2 25
-14.0%
-86.9%
-100.9
Q3 25
-6.5%
-71.8%
-78.3
Q4 25
-20.0%
-89.8%
-109.8
marketcaparena.com
Revenue Segments
Wireless Business Segment
Quarter
Wireless Business Segment
Q1 23
$11M
Q2 23
$10M
Q3 23
$11M
Q4 23
$9M
Q1 24
$6M
marketcaparena.com
Revenue by Geography
Americas
Emea
Quarter
Americas
Emea
Q1 23
$11M
$419K
Q2 23
$10M
$256K
Q3 23
$11M
$214K
Q4 23
$8M
$261K
Q1 24
$5M
$321K
Q2 24
$5M
$197K
Q3 24
$5M
$20K
Q1 25
$5M
$6K
Q2 25
$4M
$13K
Q3 25
$4M
$16K
Q4 25
$4M
$21K
marketcaparena.com
War Chest
Cash & Equivalents
Short-Term Investments
Quarter
Cash
Short-term Investments
Total
Q1 23
$9M
$0
$9M
Q2 23
$6M
$0
$6M
Q3 23
$8M
$0
$8M
Q4 23
$7M
$0
$7M
Q1 24
$6M
$0
$6M
Q2 24
$6M
$0
$6M
Q3 24
$2M
$0
$2M
Q4 24
$3M
$0
$3M
Q1 25
$2M
$0
$2M
Q2 25
$1M
$0
$1M
Q3 25
$1M
$0
$1M
Q4 25
$1M
$0
$1M
marketcaparena.com
Shares Outstanding
Shares Outstanding
Quarter
Shares (Diluted)
QoQ Change
Q1 23
7M
+1.3%
Q2 23
8M
+9.6%
Q3 23
8M
+7.8%
Q4 23
9M
+7.9%
Q1 24
9M
+4.2%
Q2 24
11M
+11.6%
Q3 24
12M
+12.0%
Q4 24
12M
+4.5%
Q1 25
12M
+0.0%
Q2 25
19M
+57.0%
Q3 25
21M
+8.0%
Q4 25
24M
+13.7%
marketcaparena.com
Revenue Per Employee
Revenue / Employee
Year
Revenue/Employee
Employees
FY 14
$202K
183
FY 15
$207K
191
FY 16
$163K
173
FY 17
$143K
161
FY 18
$172K
153
FY 19
$219K
198
FY 20
$201K
255
FY 21
$157K
373
FY 22
$154K
315
FY 23
$177K
231
FY 24
$125K
164
FY 25
$147K
118
marketcaparena.com