SMSI · Smith Micro Software, Inc.
$2.48
-0.03 (-1.20%)
At close · Jul 29
Going-concern doubt
— flagged May 1, 2026
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 May 1, 2026
Market Cap
$64.15M
Shares
25.56M
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Revenue
$17.36M
-15.5%
FY2025
Net Income
-$29.33M
+39.8%
FY2025
Gross Margin
74.05%
+3.8pp
FY2025
Operating Margin
-167.09%
+73.2pp
FY2025
Diluted EPS
-$7.30
+62.9%
FY2025
Operating Cash Flow
-$7.19M
+49.7%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $16.96M | $17.36M | $20.56M | $40.86M | $48.51M | $58.42M | $51.3M | $43.35M | $26.29M | $22.97M | $28.24M | $39.51M | $36.98M | $42.68M | $43.33M | $57.77M | |
| -$4.02M | — | — | -$6.35M | -$2.68M | $34K | $96K | $228K | -$472K | -$1.12M | -$389K | — | — | — | — | — | |
| $4.16M | $4.51M | $6.13M | $10.56M | $14.21M | $12.7M | $5.19M | $3.93M | $4.33M | $5.08M | $7.56M | $8.15M | $9.32M | $9.71M | $8.45M | $13.76M | |
| $12.81M | $12.86M | $14.43M | $30.3M | $34.3M | $45.72M | $46.11M | $39.42M | $21.95M | $17.89M | $20.67M | $31.36M | $27.66M | $32.97M | $34.88M | $44.01M | |
| — | 74.05% | 70.2% | 74.16% | 70.71% | 78.27% | 89.88% | 90.94% | 83.52% | 77.88% | 73.21% | 79.37% | 74.8% | 77.25% | 80.5% | 76.18% | |
| $9.71M | $10.72M | $14.09M | $17.15M | $29.87M | $26.2M | $19.07M | $11.68M | $8.6M | $8.95M | $15.91M | $13.86M | $14.19M | $21.31M | $24.77M | $41.71M | |
| $5.81M | $5.98M | $8.88M | $11.09M | $12.89M | $11.58M | $10.7M | $7.52M | $5.78M | $6.19M | $9.62M | $8.9M | $9.56M | $15.68M | $16.67M | $26.59M | |
| $9.4M | $10.01M | $10.58M | $12.78M | $16.16M | $17.92M | $12.8M | $9.92M | $8.61M | $8.55M | $10.34M | $11.13M | $13.22M | $18.22M | $20.21M | $25.28M | |
| $5M | $5.1M | $5.9M | $6.8M | $6.31M | $8.1M | $2.9M | $900K | $200K | $300K | $100K | — | — | — | — | — | |
| $5.3M | $5.4M | $6.29M | $7.4M | $1.2M | $1.2M | $700K | $400K | $500K | $700K | $1.3M | $1.9M | $2.93M | $4.01M | $4.43M | $10.18M | |
| — | — | — | — | — | — | $19K | $194K | $173K | -$123K | $303K | $2.44M | $2.44M | $5.6M | $238K | $3.18M | |
| $39.98M | $41.87M | $63.82M | $48.36M | $65.23M | $76.66M | $42.59M | $29.31M | $23.17M | $23.57M | $36.58M | $33.89M | $39.4M | $60.8M | $61.88M | $209.67M | |
| -$27.17M | -$29.01M | -$49.39M | -$18.06M | -$30.93M | -$30.94M | $3.52M | $10.11M | -$1.21M | -$5.67M | -$15.91M | -$2.54M | -$11.74M | -$27.83M | -$27M | -$165.67M | |
| — | -167.09% | -240.28% | -44.19% | -63.75% | -52.96% | 6.86% | 23.31% | -4.62% | -24.7% | -56.33% | -6.42% | -31.75% | -65.21% | -62.32% | -286.78% | |
| -$21.88M | -$23.61M | -$43.11M | -$10.66M | -$29.73M | -$29.74M | $4.22M | $10.51M | -$714K | -$4.97M | -$14.61M | -$638K | -$8.81M | -$23.82M | -$22.57M | -$155.49M | |
| $908K | $407K | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| -$710K | -$153K | $196K | -$52K | -$115K | $76K | -$3000 | -$14K | -$26K | -$8000 | -$25K | $4000 | -$8000 | $30K | $94K | $131K | |
| -$28.12M | -$29.4M | -$48.71M | -$24.24M | -$29.05M | -$30.83M | $4.33M | $10.8M | -$2.73M | -$7.21M | -$14.74M | -$2.53M | -$11.75M | -$27.8M | -$25.7M | -$165.54M | |
| -$77K | -$76K | -$13K | $158K | $226K | $215K | $160K | $80K | $13K | -$546K | -$229K | $68K | $49K | $153K | -$234K | -$5.93M | |
| -$28.05M | -$29.33M | -$48.7M | -$24.4M | -$29.28M | -$31.04M | $4.17M | $10.72M | -$2.74M | -$6.66M | -$14.51M | -$2.6M | -$11.8M | -$27.95M | -$25.46M | -$159.61M | |
| — | -168.91% | -236.91% | -59.7% | -60.35% | -53.14% | 8.12% | 24.74% | -10.42% | -28.99% | -51.4% | -6.59% | -31.91% | -65.5% | -58.77% | -276.29% | |
| — | -$30.1M | — | — | — | — | $4.17M | $10.6M | -$3.14M | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | $10.72M | -$2.74M | -$6.66M | -$14.51M | -$2.6M | -$11.8M | -$27.95M | -$25.44M | -$159.63M | |
| USD/shares | — | -$7.30 | -$19.70 | -$15.20 | -$21.20 | — | $4.00 | $12.40 | -$5.60 | -$19.60 | -$48.40 | -$2.40 | -$11.60 | -$30.40 | -$28.40 | -$179.20 |
| USD/shares | — | -$7.30 | -$19.70 | -$15.20 | -$21.20 | — | $4.00 | $11.60 | -$5.60 | -$19.60 | -$48.40 | -$2.40 | -$11.60 | -$30.40 | -$28.40 | -$179.20 |
| shares | — | 4.12M | 2.47M | 1.62M | 1.39M | 1.28M | 1.02M | 862.83K | 558.05K | 337.23K | 298.78K | 1.15M | 1.02M | 924.55K | 896.23K | 890.43K |
| shares | — | 4.12M | 2.47M | 1.62M | 1.39M | 1.28M | 1.07M | 924.78K | 558.05K | 337.23K | 298.78K | 1.15M | 1.02M | 924.55K | 896.23K | 890.43K |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2012–FY2014: $2.26M in buybacks.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
—
Peer median 0.68×
EV/EBIT
—
Peer median 6.82×
P/E (TTM)
—
Peer median 23.65×
Peer medians compare against the 84 similar-size Software - Application companies (of 201 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|
| Reportable Segment | $20,555,000 | $40,862,000 | — | — | — | — |
| Wireless Business Segment | — | — | $48,513,000 | $58,422,000 | $50,671,000 | $42,604,000 |
By Geography (USD)
| Component | FY2025 | FY2024 |
|---|---|---|
| Americas | $17,307,000 | $20,017,000 |
| EMEA | $56,000 | $538,000 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Family Safety | $14,121,000 | — | — | $39,798,000 | $41,019,000 | — | — |
| Cloud Based Usage Fees | $11,029,000 | $13,923,000 | $33,643,000 | $38,182,000 | $38,415,000 | $25,973,000 | $20,011,000 |
| License And Service | $3,168,000 | $3,122,000 | $3,216,000 | $3,807,000 | $3,730,000 | $3,575,000 | — |
| Hosted Environment Usage Fees | $3,110,000 | $2,956,000 | $2,833,000 | $4,852,000 | $13,770,000 | $18,209,000 | $19,517,000 |
| Commsuite | $3,100,000 | — | — | $4,846,000 | $13,717,000 | $18,163,000 | $18,713,000 |
| Viewspot | $142,000 | — | — | $3,869,000 | $3,569,000 | $4,239,000 | $4,229,000 |
| Consulting Services and Other | $56,000 | $554,000 | $1,170,000 | $1,672,000 | $2,507,000 | $3,543,000 | $3,076,000 |
| Netwise | — | — | — | — | $117,000 | $151,000 | $1,642,000 |
| Other Product | — | — | — | $0 | $117,000 | $91,000 | $238,000 |
| SafePath | — | — | — | — | $40,981,000 | $28,027,000 | $17,782,000 |
| Software | — | — | — | — | — | $629,000 | $742,000 |