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Side-by-side financial comparison of SMITH MICRO SOFTWARE, INC. (SMSI) and TECHPRECISION CORP (TPCS). Click either name above to swap in a different company.

TECHPRECISION CORP is the larger business by last-quarter revenue ($7.1M vs $4.0M, roughly 1.8× SMITH MICRO SOFTWARE, INC.). On growth, TECHPRECISION CORP posted the faster year-over-year revenue change (-6.9% vs -20.0%). Over the past eight quarters, TECHPRECISION CORP's revenue compounded faster (-9.2% CAGR vs -17.2%).

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...

TechPrecision Corp is a manufacturer of custom high-precision metal fabricated components and integrated systems, serving aerospace, defense, medical technology, renewable energy, and industrial end markets primarily across North America and Europe. It specializes in producing tight-tolerance, mission-critical parts that adhere to rigorous industry quality requirements.

SMSI vs TPCS — Head-to-Head

Bigger by revenue
TPCS
TPCS
1.8× larger
TPCS
$7.1M
$4.0M
SMSI
Growing faster (revenue YoY)
TPCS
TPCS
+13.1% gap
TPCS
-6.9%
-20.0%
SMSI
Faster 2-yr revenue CAGR
TPCS
TPCS
Annualised
TPCS
-9.2%
-17.2%
SMSI

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
SMSI
SMSI
TPCS
TPCS
Revenue
$4.0M
$7.1M
Net Profit
$-1.5M
Gross Margin
76.4%
5.4%
Operating Margin
-109.8%
-19.1%
Net Margin
-20.8%
Revenue YoY
-20.0%
-6.9%
Net Profit YoY
-84.4%
EPS (diluted)
$-0.15
$-0.15

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SMSI
SMSI
TPCS
TPCS
Q4 25
$4.0M
$7.1M
Q3 25
$4.3M
$9.1M
Q2 25
$4.4M
$7.4M
Q1 25
$4.6M
$9.5M
Q4 24
$5.0M
$7.6M
Q3 24
$4.6M
$8.9M
Q2 24
$5.1M
$8.0M
Q1 24
$5.8M
$8.6M
Net Profit
SMSI
SMSI
TPCS
TPCS
Q4 25
$-1.5M
Q3 25
$-4.5M
$825.0K
Q2 25
$-15.1M
$-597.0K
Q1 25
$-5.2M
$112.0K
Q4 24
$-799.0K
Q3 24
$-6.4M
$-601.0K
Q2 24
$-6.9M
$-1.5M
Q1 24
$-31.0M
$-5.1M
Gross Margin
SMSI
SMSI
TPCS
TPCS
Q4 25
76.4%
5.4%
Q3 25
73.9%
27.1%
Q2 25
73.5%
14.0%
Q1 25
72.8%
22.0%
Q4 24
75.6%
13.0%
Q3 24
71.6%
11.3%
Q2 24
68.7%
3.0%
Q1 24
65.7%
14.3%
Operating Margin
SMSI
SMSI
TPCS
TPCS
Q4 25
-109.8%
-19.1%
Q3 25
-103.2%
10.4%
Q2 25
-338.3%
-6.3%
Q1 25
-112.7%
3.9%
Q4 24
-89.7%
-9.1%
Q3 24
-140.0%
-5.5%
Q2 24
-135.8%
-16.8%
Q1 24
-542.4%
-28.6%
Net Margin
SMSI
SMSI
TPCS
TPCS
Q4 25
-20.8%
Q3 25
-104.3%
9.1%
Q2 25
-340.8%
-8.1%
Q1 25
-112.1%
1.2%
Q4 24
-10.5%
Q3 24
-137.0%
-6.7%
Q2 24
-134.8%
-18.3%
Q1 24
-534.8%
-59.5%
EPS (diluted)
SMSI
SMSI
TPCS
TPCS
Q4 25
$-0.15
$-0.15
Q3 25
$-0.25
$0.08
Q2 25
$-0.78
$-0.06
Q1 25
$-0.28
$0.01
Q4 24
$0.54
$-0.08
Q3 24
$-0.54
$-0.06
Q2 24
$-0.66
$-0.16
Q1 24
$-3.28
$-0.59

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SMSI
SMSI
TPCS
TPCS
Cash + ST InvestmentsLiquidity on hand
$1.5M
$50.0K
Total DebtLower is stronger
Stockholders' EquityBook value
$18.4M
$8.0M
Total Assets
$25.0M
$32.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SMSI
SMSI
TPCS
TPCS
Q4 25
$1.5M
$50.0K
Q3 25
$1.4M
$220.0K
Q2 25
$1.4M
$143.0K
Q1 25
$2.3M
$195.0K
Q4 24
$2.8M
$165.0K
Q3 24
$1.5M
$132.0K
Q2 24
$5.6M
$44.8K
Q1 24
$6.2M
$138.0K
Total Debt
SMSI
SMSI
TPCS
TPCS
Q4 25
Q3 25
Q2 25
Q1 25
$3.0K
Q4 24
$19.0K
Q3 24
Q2 24
Q1 24
Stockholders' Equity
SMSI
SMSI
TPCS
TPCS
Q4 25
$18.4M
$8.0M
Q3 25
$19.9M
$9.1M
Q2 25
$22.4M
$8.2M
Q1 25
$36.6M
$8.7M
Q4 24
$40.8M
$8.1M
Q3 24
$37.7M
$8.9M
Q2 24
$42.9M
$7.9M
Q1 24
$45.4M
$7.8M
Total Assets
SMSI
SMSI
TPCS
TPCS
Q4 25
$25.0M
$32.8M
Q3 25
$27.1M
$33.8M
Q2 25
$29.6M
$32.1M
Q1 25
$43.4M
$33.5M
Q4 24
$48.0M
$32.2M
Q3 24
$46.2M
$35.0M
Q2 24
$53.0M
$35.7M
Q1 24
$55.4M
$34.7M
Debt / Equity
SMSI
SMSI
TPCS
TPCS
Q4 25
Q3 25
Q2 25
Q1 25
0.00×
Q4 24
0.00×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SMSI
SMSI
TPCS
TPCS
Operating Cash FlowLast quarter
$-2.2M
$183.0K
Free Cash FlowOCF − Capex
$-827.0K
FCF MarginFCF / Revenue
-11.7%
Capex IntensityCapex / Revenue
14.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-4.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SMSI
SMSI
TPCS
TPCS
Q4 25
$-2.2M
$183.0K
Q3 25
$-2.1M
$-1.1M
Q2 25
$-2.3M
$646.0K
Q1 25
$-602.0K
$396.0K
Q4 24
$-4.9M
$-570.0K
Q3 24
$-3.8M
$-532.0K
Q2 24
$-4.2M
$107.0K
Q1 24
$-1.3M
$-452.0K
Free Cash Flow
SMSI
SMSI
TPCS
TPCS
Q4 25
$-827.0K
Q3 25
$-2.2M
$-2.1M
Q2 25
$-604.0K
Q1 25
$-606.0K
$-930.0K
Q4 24
$-4.9M
$-1.7M
Q3 24
$-3.8M
$-2.0M
Q2 24
$-4.2M
$-94.0K
Q1 24
$-1.3M
$-900.0K
FCF Margin
SMSI
SMSI
TPCS
TPCS
Q4 25
-11.7%
Q3 25
-49.6%
-22.9%
Q2 25
-8.2%
Q1 25
-13.1%
-9.8%
Q4 24
-99.2%
-22.9%
Q3 24
-82.2%
-21.8%
Q2 24
-82.0%
-1.2%
Q1 24
-23.3%
-10.5%
Capex Intensity
SMSI
SMSI
TPCS
TPCS
Q4 25
14.2%
Q3 25
0.5%
11.0%
Q2 25
16.9%
Q1 25
0.1%
14.0%
Q4 24
0.1%
15.4%
Q3 24
0.1%
15.9%
Q2 24
0.1%
2.5%
Q1 24
0.1%
5.2%
Cash Conversion
SMSI
SMSI
TPCS
TPCS
Q4 25
Q3 25
-1.31×
Q2 25
Q1 25
3.54×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SMSI
SMSI

Family Safety$3.2M80%
Other$797.0K20%

TPCS
TPCS

Defense$6.7M94%
Other$410.0K6%

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