SMSI (Smith Micro Software, Inc.) Stock Financials & Earnings

SMSISmith 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 Margin74.1%

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

Revenue & Profitability

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

Valuation

Operating Cash Flow

Capital Expenditures

CapEx

OpEx vs Revenue Growth (YoY)

Stock-Based Compensation

OpEx Breakdown

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

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

Revenue Segments

Revenue by Geography

War Chest

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

Shares Outstanding

Revenue Per Employee

Revenue / Employee