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SMITH MICRO SOFTWARE, INC.

SMITH MICRO SOFTWARE, INC.SMSIEarnings & Financial Report

Nasdaq · software industry

Smith Micro Software, Inc., founded in 1982 by William W. Smith, Jr., is a developer and marketer of both enterprise and consumer-level software and services. Headquartered in Pittsburgh, Pennsylvania, Smith Micro maintains multiple domestic and international offices. United States locations include Aliso Viejo, California, and Pittsburgh, Pennsylvania. International offices are located throughout Europe and Asia. Currently, the company focuses on digital lifestyle solutions and security tech...

SMSI Q3 2025 Key Financial Metrics

Revenue

$4.3M

Gross Profit

$3.2M

Operating Profit

$-4.5M

Net Profit

$-4.5M

Gross Margin

73.9%

Operating Margin

-103.2%

Net Margin

-104.3%

YoY Growth

-6.5%

EPS

$-0.25

Financial Flow

SMITH MICRO SOFTWARE, INC. Q3 2025 Financial Summary

SMITH MICRO SOFTWARE, INC. reported revenue of $4.3M for Q3 2025, with a net profit of $-4.5M (-104.3% margin). Cost of goods sold was $1.1M, operating expenses totaled $7.7M.

Key Financial Metrics

Total Revenue$4.3M
Net Profit$-4.5M
Gross Margin73.9%
Operating Margin-103.2%
Report PeriodQ3 2025

SMITH MICRO SOFTWARE, INC. Annual Revenue by Year

SMITH MICRO SOFTWARE, INC. annual revenue history includes year-by-year totals (for example, 2024 revenue was $20.6M).

YearAnnual Revenue
2024$20.6M
2023$40.9M
2022$48.5M

Income Statement

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Revenue$8.6M$5.8M$5.1M$4.6M$5.0M$4.6M$4.4M$4.3M
YoY Growth-24.7%-47.0%-50.3%-57.7%-42.2%-20.3%-14.0%-6.5%

Balance Sheet

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Assets$85.6M$55.4M$53.0M$46.2M$48.0M$43.4M$29.6M$27.1M
LiabilitiesN/AN/AN/AN/AN/AN/AN/AN/A
Equity$75.4M$45.4M$42.9M$37.7M$40.8M$36.6M$22.4M$19.9M

Cash Flow

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Operating CF$-1.0M$-1.3M$-4.2M$-3.8M$-4.9M$-602000$-2.3M$-2.1M