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SMSISmith Micro Software, Inc.
$2.25$10M
Overview & Tools
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SMSI logo

Smith Micro Software, Inc.

SMSI
NASDAQ · Enterprise Software
$2.25
At close - Nov 6, 4:00 PM EST - USD
Market Cap$10M
P/E-0.8x
52W High$4.64
Volume17.26K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q1

Persistent Revenue Contraction Threatens Operational Solvency

Smith Micro Software faces a critical inflection point as its legacy carrier-integrated software business continues to experience significant revenue attrition, evidenced by a 15.53% year-over-year decline in the most recent quarter.

GrowthContracting
ProfitabilityNegative
ValuationReview
TechnicalsWeak
Explore valuation models
MARKET ACTION

SMSI price & volume

Price trend, volume and key moving averages

Launch Terminal
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Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

7/12 Beats

EPS beat 7 of last 12 quarters

02

Valuation risk

-102% Peers

P/E is 102% below peer median

03

Market leadership

RS 28 · Lag

Laggard (Underperforming 72% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystConfirmed earnings · Nov 12

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
SMSI-18.48%
S&P 500 (^GSPC)+7.63%
1-Year Return
SMSI-22.41%
S&P 500 (^GSPC)+9.69%
3-Year Return
SMSI-94.79%
S&P 500 (^GSPC)+67.83%
5-Year Return
SMSI-99.08%
S&P 500 (^GSPC)+55.81%

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$17M-15.5% YoY
Net income FY25
-$30M+38.2% YoY
Free cash flow FY25
-$7M+49.1% YoY
Operating margin FY25
-110.8%+129.4 pts YoY
ROIC (FY25)-48.3%
Avg ROIC 5Y-39.3%
ROE (TTM)-84.6%
Piotroski Score3 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate7/12 (58%)
Revenue Beat Rate2/12 (17%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 13, 2026
-$0.19+62.0%
vs -$0.50
$4M-10.5%
vs $5M
Q2 2026
Apr 29, 2026
-$0.75-400.0%
vs -$0.15
$4M-3.0%
vs $4M
Q2 2026
Mar 4, 2026
-$0.08-14.3%
vs -$0.07
$4M-7.6%
vs $4M
Q4 2025
Nov 5, 2025
-$0.12+47.8%
vs -$0.23
$4M-5.5%
vs $5M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Business Wire·2d ago
Smith Micro Schedules Teleconference to Announce Third Quarter 2026 Financial Results

PITTSBURGH--(BUSINESS WIRE)--Smith Micro Software, Inc. (NASDAQ: SMSI) announced that it will report its third quarter 2026 financial results following the close of regular trading on Thursday, November 12, 2026. The news release will be followed by a teleconference available to all interested parties at 4:30 pm ET / 1:30 pm PT. The Smith Micro third quarter conference call may be accessed as follows: Date and Time: Thursday, November 12, 2026 at 4:30 pm ET / 1:30 pm PT News Release: Available.

Business Wire·Oct 6, 2026
Smith Micro Joins the AgeTech Collaborative™ from AARP to Advance Family-Focused Technology for Aging in Place

PITTSBURGH--(BUSINESS WIRE)--Smith Micro Software, Inc. (Nasdaq: SMSI), a leading provider of software that simplifies and enhances mobile experiences, today announced it has joined the AgeTech Collaborative™ from AARP, a global ecosystem of organizations working together to improve how people age through innovation, research, and collaboration. The AgeTech Collaborative brings together enterprises, startups, investors, service providers, and aging-focused organizations dedicated to acceleratin.

Defense World·Oct 2, 2026
Contrasting Fair Isaac (NYSE:FICO) & Smith Micro Software (NASDAQ:SMSI)

Smith Micro Software (NASDAQ: SMSI - Get Free Report) and Fair Isaac (NYSE: FICO - Get Free Report) are both technology companies, but which is the superior stock? We will contrast the two businesses based on the strength of their valuation, risk, profitability, institutional ownership, dividends, earnings and analyst recommendations. Profitability This table compares Smith Micro Software

Zacks Investment Research·Sep 28, 2026
All You Need to Know About Smith Micro Software (SMSI) Rating Upgrade to Buy

Smith Micro Software (SMSI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Filtered for Smith Micro Software, Inc.More Headlines
04

Compare before deciding

Benchmark SMSI against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Smith Micro Software, Inc. (SMSI)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
SMSI logoSMSISmith Micro Software, Inc.Current
$2.25$10.11M-0.75-15.53%-92.6%-84.56%—
SHEN logoSHENShenandoah Telecommunications Company
$9.65$534.27M-12.979.08%-14.86%-4.45%1.21%
GFAI logoGFAIGuardforce AI Co., Limited
$0.17$3.72M-0.570.61%———
MANH logoMANHManhattan Associates, Inc.
$252.78$14.96B69.723.75%18.41%96.99%—
QLYS logoQLYSQualys, Inc.
$190.41$6.71B32.5910.13%29.34%37.17%—
T logoTAT&T Inc.
$21.63$148.22B11.332.71%10.14%10.35%5.27%

Compare SMSI vs Peers

Smith Micro Software, Inc. (SMSI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs SHEN

Most directly comparable listed peer for SMSI.

Scale Benchmark

vs VZ

Larger-name benchmark to compare SMSI against a more recognizable public peer.

Peer Set

Compare Top 5

vs SHEN, GFAI, MANH, QLYS

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

SMSI SEC Filings & Documents

Smith Micro Software, Inc. (SMSI) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 13, 2026·SEC

Material company update

Jun 23, 2026·SEC

Material company update

Jun 12, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 5, 2026·SEC

FY 2025

Mar 12, 2025·SEC

FY 2024

Feb 26, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 14, 2026·SEC

FY 2026

May 1, 2026·SEC

FY 2025

Nov 5, 2025·SEC

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SMSI Frequently Asked Questions

Smith Micro Software, Inc. (SMSI) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Smith Micro Software, Inc.'s revenue?

Smith Micro Software, Inc. (SMSI) reported $16.9M in revenue over the trailing twelve months. Revenue was $17.4M in fiscal year 2025. That is 21% less than the $22.1M of fiscal year 1996.

How fast is Smith Micro Software, Inc. growing?

Smith Micro Software, Inc. (SMSI) revenue fell by 9.5% over the trailing twelve months, compared with the twelve months before.

Is SMSI profitable?

No. Smith Micro Software, Inc. (SMSI) reported a net loss of $15.6M over the trailing twelve months.

Dividend & Returns
What is SMSI's return on equity?

Smith Micro Software, Inc. (SMSI) had a return on equity (ROE) of -84.6% over the trailing twelve months. A negative ROE means the company lost money over the period.

What is Smith Micro Software, Inc.'s free cash flow?

Smith Micro Software, Inc. (SMSI) had negative free cash flow of $9.0M over the trailing twelve months.

What if you invested $1,000 in SMSI back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →