SMITH MICRO SOFTWARE, INC.SMSIEarnings & Financial Report
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...
Revenue
$5.0M
Gross Profit
$3.8M
Operating Profit
$-4.5M
Net Profit
N/A
Gross Margin
75.6%
Operating Margin
-89.7%
Net Margin
N/A
YoY Growth
-42.2%
EPS
$0.54
SMITH MICRO SOFTWARE, INC. Q4 FY2024 Financial Summary
SMITH MICRO SOFTWARE, INC. reported revenue of $5.0M (down 42.2% YoY) for Q4 FY2024, with a net profit of N/A (N/A margin). Cost of goods sold was $1.2M, operating expenses totaled $8.2M.
Key Financial Metrics
| Total Revenue | $5.0M |
|---|---|
| Net Profit | N/A |
| Gross Margin | 75.6% |
| Operating Margin | -89.7% |
| Report Period | Q4 FY2024 |
SMITH MICRO SOFTWARE, INC. Annual Revenue by Year
SMITH MICRO SOFTWARE, INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $17.4M).
| Year | Annual Revenue |
|---|---|
| 2025 | $17.4M |
| 2024 | $20.6M |
| 2023 | $40.9M |
| 2022 | $48.5M |
SMITH MICRO SOFTWARE, INC. Quarterly Revenue & Net Profit History
SMITH MICRO SOFTWARE, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $4.0M | -20.0% | N/A | N/A |
| Q3 FY2025 | $4.3M | -6.5% | $-4.5M | -104.3% |
| Q2 FY2025 | $4.4M | -14.0% | $-15.1M | -340.8% |
| Q1 FY2025 | $4.6M | -20.3% | $-5.2M | -112.1% |
| Q4 FY2024 | $5.0M | -42.2% | N/A | N/A |
| Q3 FY2024 | $4.6M | -57.7% | $-6.4M | -137.0% |
| Q2 FY2024 | $5.1M | -50.3% | $-6.9M | -134.8% |
| Q1 FY2024 | $5.8M | -47.0% | $-31.0M | -534.8% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.8M | $5.1M | $4.6M | $5.0M | $4.6M | $4.4M | $4.3M | $4.0M |
| YoY Growth | -47.0% | -50.3% | -57.7% | -42.2% | -20.3% | -14.0% | -6.5% | -20.0% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $55.4M | $53.0M | $46.2M | $48.0M | $43.4M | $29.6M | $27.1M | $25.0M |
| Liabilities | $10.0M | $10.1M | $8.4M | $7.3M | $6.8M | $7.2M | $7.2M | $6.6M |
| Equity | $45.4M | $42.9M | $37.7M | $40.8M | $36.6M | $22.4M | $19.9M | $18.4M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-1.3M | $-4.2M | $-3.8M | $-4.9M | $-602000 | $-2.3M | $-2.1M | $-2.2M |