Smith Micro Software, Inc. logo

Smith Micro Software, Inc.

SMSI

NASDAQTechnologySoftware - Application

Previous close

$2.98

+$0.01 · +0.34%

Aug 21, 4:00 PM ET

SMSI company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

42

Fair Value

Momentum

23

Weakening

Sentiment

42

Mixed

Risk resilience

31

High Risk

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Company profile

Company website

Smith Micro Software, Inc. engineers and distributes specialized software solutions globally, primarily to telecommunications and cable service providers, with the goal of enriching the mobile experience. Their product lineup includes the SafePath suite—encompassing SafePath Family, SafePath IoT, and SafePath Home—which provides users with essential tools to protect their digital activities and manage connected devices both within and beyond their households. Additionally, the company offers CommSuite, an advanced messaging platform that empowers mobile carriers to deliver state-of-the-art voicemail services, including multi-language voice-to-text transcription, to their subscribers. Another core offering is ViewSpot, a retail display management system that delivers interactive, on-screen demonstrations for wireless carriers and their retail partners. Beyond its software products, Smith Micro Software also furnishes comprehensive technical assistance and customer support. The company was established in 1982 and maintains its corporate headquarters in Pittsburgh, Pennsylvania.

Industry
Software - Application
Sector
Technology
Headquarters
US
CEO
Timothy C. Huffmyer
Listed since
Sep 19, 1995
Employees
118

Market position

Day range

Current $2.98

52-week range

Current $2.98

Open
$2.90
Previous close
$2.97
Volume
26.07K
0.22× average
Average volume
118.41K
Average daily volume
Market cap
13.39M USD
Beta
0.72
Market reference 1
50-day average
$2.7808
+7.16% above average
200-day average
$3.1854
-6.45% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
11.97M USD
P/E (TTM)
-0.85×
P/B (TTM)
0.89×
P/S (TTM)
0.79×
EV / EBITDA
-0.51×
Earnings yield
-270.48%
Free cash flow yield
-65.44%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
77.51%
Operating margin
-81.03%
Net margin
-92.60%
Return on equity
-163.65%
Return on assets
-120.52%
Return on invested capital
-92.65%

Financial health

Debt / equity
0.26×
Current ratio
0.74×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends110%-17%-145%-272%Gross margin, FY2021: 78.27%Gross margin, FY2022: 70.71%Gross margin, FY2023: 74.16%Gross margin, FY2024: 70.20%Gross margin, FY2025: 74.05%Operating margin, FY2021: -52.96%Operating margin, FY2022: -63.75%Operating margin, FY2023: -44.19%Operating margin, FY2024: -240.28%Operating margin, FY2025: -110.84%Net margin, FY2021: -53.14%Net margin, FY2022: -60.35%Net margin, FY2023: -59.70%Net margin, FY2024: -236.91%Net margin, FY2025: -173.33%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 78.27%. Gross margin FY2022 70.71%. Gross margin FY2023 74.16%. Gross margin FY2024 70.20%. Gross margin FY2025 74.05%. Operating margin FY2021 -52.96%. Operating margin FY2022 -63.75%. Operating margin FY2023 -44.19%. Operating margin FY2024 -240.28%. Operating margin FY2025 -110.84%. Net margin FY2021 -53.14%. Net margin FY2022 -60.35%. Net margin FY2023 -59.70%. Net margin FY2024 -236.91%. Net margin FY2025 -173.33%.

Income trends

Revenue

17.36M USD-15.53%

Operating income

−19.25M USD+61.03%

Net income

−30.1M USD+38.20%
Income trends across reported periods69.2M USD26.08M USD−17.05M USD−60.17M USDRevenue, FY2021: 58.42M USDRevenue, FY2022: 48.51M USDRevenue, FY2023: 40.86M USDRevenue, FY2024: 20.56M USDRevenue, FY2025: 17.36M USDOperating income, FY2021: −30.94M USDOperating income, FY2022: −30.93M USDOperating income, FY2023: −18.06M USDOperating income, FY2024: −49.39M USDOperating income, FY2025: −19.25M USDNet income, FY2021: −31.04M USDNet income, FY2022: −29.28M USDNet income, FY2023: −24.4M USDNet income, FY2024: −48.7M USDNet income, FY2025: −30.1M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 58.42M USD. Revenue FY2022 48.51M USD. Revenue FY2023 40.86M USD. Revenue FY2024 20.56M USD. Revenue FY2025 17.36M USD. Operating income FY2021 −30.94M USD. Operating income FY2022 −30.93M USD. Operating income FY2023 −18.06M USD. Operating income FY2024 −49.39M USD. Operating income FY2025 −19.25M USD. Net income FY2021 −31.04M USD. Net income FY2022 −29.28M USD. Net income FY2023 −24.4M USD. Net income FY2024 −48.7M USD. Net income FY2025 −30.1M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue17.36M USD20.56M USD40.86M USD48.51M USD58.42M USD
Cost of goods sold4.51M USD6.13M USD10.56M USD14.21M USD12.7M USD
Gross profit12.86M USD14.43M USD30.3M USD34.3M USD45.72M USD
Research and development10.72M USD14.09M USD17.15M USD29.87M USD26.2M USD
Selling, general, and administrative15.99M USD19.46M USD23.87M USD29.05M USD29.5M USD
Operating expenses32.1M USD63.82M USD48.36M USD65.23M USD76.66M USD
Interest income112K USD34K USD
Interest expense407K USD6.35M USD2.68M USD
Depreciation and amortization5.4M USD6.3M USD7.4M USD8.7M USD9.34M USD
Operating income−19.25M USD−49.39M USD−18.06M USD−30.93M USD−30.94M USD
Net income−30.1M USD−48.7M USD−24.4M USD−29.28M USD−31.04M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
0%
0 beats, 11 misses, 0 met estimates
Average EPS surprise
-358.75%
11 comparable reports
Latest EPS result
-0.52
Estimate -0.5 · Miss by 4.00%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates-0.06-1.44-2.82-4.21Q1 '25MissQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 11, 2025: actual -1.25, estimate -0.55, surprise -127.27%, Miss. Q2 2025, reported May 7, 2025: actual -1.4, estimate -0.55, surprise -154.55%, Miss. Q3 2025, reported Aug 6, 2025: actual -3.9, estimate -0.65, surprise -500.00%, Miss. Q4 2025, reported Nov 5, 2025: actual -1.25, estimate -0.65, surprise -92.31%, Miss. Q1 2026, reported Mar 4, 2026: actual -1, estimate -0.07, surprise -1328.57%, Miss. Q2 2026, reported Apr 29, 2026: actual -0.75, estimate -0.15, surprise -400.00%, Miss. Q3 2026, reported Aug 13, 2026: actual -0.52, estimate -0.5, surprise -4.00%, Miss. Q4 2026, reported Nov 4, 2026: actual —, estimate -0.46, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates5.34M4.82M4.29M3.77MQ1 '25MissQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 11, 2025: actual 4.97M USD, estimate 5.13M USD, surprise -3.20%, Miss. Q2 2025, reported May 7, 2025: actual 4.62M USD, estimate 4.85M USD, surprise -4.72%, Miss. Q3 2025, reported Aug 6, 2025: actual 4.42M USD, estimate 4.68M USD, surprise -5.63%, Miss. Q4 2025, reported Nov 5, 2025: actual 4.35M USD, estimate 4.6M USD, surprise -5.50%, Miss. Q1 2026, reported Mar 4, 2026: actual 3.97M USD, estimate 4.3M USD, surprise -7.58%, Miss. Q2 2026, reported Apr 29, 2026: actual 4.22M USD, estimate 4.35M USD, surprise -2.97%, Miss. Q3 2026, reported Aug 13, 2026: actual 4.34M USD, estimate 4.85M USD, surprise -10.49%, Miss. Q4 2026, reported Nov 4, 2026: actual —, estimate 5.1M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

12 ratings
Strong buy00%
Buy975%
Hold325%
Sell00%
Strong sell00%

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