Smith Micro Software financials
$2.66+0.38%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $17.4M | $20.6M | $40.9M | $48.5M | $58.4M | $51.3M | $43.3M | $26.3M | $23.0M | $28.2M |
| Gross profit | $12.9M | $14.4M | $30.3M | $34.3M | $45.7M | $46.1M | $39.4M | $22.0M | $17.9M | $20.7M |
| Gross margin | 74.1% | 70.2% | 74.2% | 70.7% | 78.3% | 89.9% | 90.9% | 83.5% | 77.9% | 73.2% |
| Operating income | -$30.3M | -$49.4M | -$18.1M | -$30.9M | -$30.9M | $3.5M | $10.1M | -$1.2M | -$5.7M | -$15.9M |
| Net income | -$30.1M | -$48.7M | -$24.4M | -$29.3M | -$31.0M | $4.2M | $10.6M | -$3.1M | -$6.7M | -$15.3M |
| Net margin | −173.3% | −236.9% | −59.7% | −60.4% | −53.1% | 8.1% | 24.5% | −12.0% | −29.0% | −54.3% |
| Diluted EPS | $-7.30 | $-19.70 | $-15.05 | $-21.20 | $-24.40 | $4.00 | $11.60 | $-5.60 | $-19.60 | $-51.20 |
| EBITDA | -$13.8M | -$19.1M | -$10.7M | -$23.4M | -$8.7M | $7.1M | $11.6M | -$262.0K | -$4.9M | -$13.8M |
| Operating cash flow | -$7.2M | -$14.3M | -$7.0M | -$19.3M | -$12.9M | $7.9M | $10.0M | -$2.9M | -$7.4M | -$11.5M |
| Free cash flow | -$7.3M | -$14.3M | -$7.0M | -$19.3M | -$13.7M | $6.6M | $8.3M | -$3.0M | -$7.5M | -$12.0M |
| Diluted shares | 4.1M | 2.5M | 1.6M | 1.4M | 1.3M | 1.1M | 0.9M | 0.6M | 0.3M | 0.3M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.5M | $2.8M | $7.1M | $14.0M | $16.1M | $25.8M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $1.0M | $0.00 | $0.00 | $9.0M | $0.00 | $953.0K |
| Total assets | $25.0M | $48.0M | $85.6M | $103.6M | $114.5M | $72.9M |
| Total liabilities | $6.6M | $7.3M | $10.2M | $27.2M | $14.0M | $14.2M |
| Shareholders' equity | $18.4M | $40.8M | $75.4M | $76.4M | $100.6M | $58.7M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology