SMSI · Smith Micro Software, Inc.
Substantial doubt about the company's ability to continue as a going concern.
“certain conditions in the Company's evaluation, considered in the aggregate, have raised substantial doubt about the Company's ability to continue as a going concern within one year from the date that the financial statements are issued, which has not been alleviated.”View the 10-Q filed Aug 14, 2026
Price & Indicators
Raw chart and full-history price indicators begin at the captured split on Jun 5, 2026; bars on opposite sides are not compared.
The closing range begins at the captured split on Jun 5, 2026.
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Aug 13, 2026TL;DR. Smith Micro delivered a second consecutive quarter of sequential revenue growth, while gross margin improved to 81.3% and quarterly revenue guidance increased to $5.0–$5.4 million for Q3. However, Q2 revenue remained down 2% year over year, launches and a Tier 1 contract were delayed from Q2 into Q3, and the company continued to report a $2.7 million GAAP net loss.
- + Quarterly gross margin rose to 81.3% from 73.5% a year earlier.
- + Q3 revenue guidance is $5.0 million to $5.4 million, up from Q2 revenue of $4.3 million.
- + Non-GAAP operating expenses fell 26% year over year to $4.4 million.
- + Quarterly GAAP net loss narrowed to $2.7 million from $15.1 million in Q2 2025.
- + The company expects two fully contracted new customers to launch by month-end.
- − Year-to-date revenue declined 5% to $8.6 million from $9.0 million.
- − New customer launches and a Tier 1 contract extension were delayed from Q2 into Q3.
- − The company funded working-capital requirements through a $1.6 million warrant exercise transaction.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders NeutralIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.
Versus peers
Software - Application — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
SMSI
this stock
Smith Micro Software, Inc.
|
$16.21M | — | -15.5% | — | 1.9% |
|
SAP
Sap SE
|
$238.18B | -15.0% | — | — | 0.4% |
|
CRM
Salesforce, Inc.
|
$203.87B | -6.5% | +25.9% | 22.6 | 3.5% |
|
SHOP
Shopify Inc.
|
$165.71B | -20.0% | +30.1% | 86.4 | 1.4% |
|
UBER
Uber Technologies, Inc
|
$146.39B | -12.3% | +18.3% | 15.3 | 2.2% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
Raw-price comparisons begin at the captured split on Jun 5, 2026; windows that need an earlier baseline remain unavailable.
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| SMSI | +1.1% | +0.4% | — | +1.1% | — |
| SPY | -1.2% | -1.8% | +17.8% | -0.4% | +12.1% |
| vs SPY | +2.2% | +2.1% | — | +1.4% | — |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.