Smith Micro Software, Inc. (SMSI) quarterly income statement — complete revenue, gross profit & net income history
Smith Micro Software, Inc. (SMSI) annual income statement — 30-year revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 4.34M | 4.22M | 3.97M | 4.35M | 4.42M | 4.62M | 4.97M | 4.65M | 5.14M | 5.8M | 8.59M | 11M | 10.34M | 10.93M | 11.4M | 11.7M | 12.67M | 12.73M | 14.68M | 16.44M |
| Revenue Growth % | -1.79% | -8.66% | -20.04% | -6.48% | -14.01% | -20.3% | -42.16% | -57.75% | -50.28% | -46.95% | -24.66% | -5.97% | -18.43% | -14.17% | -22.3% | -28.85% | -20.38% | 11.9% | 18.22% | 30.2% |
| Cost of Goods Sold | 811K | 911K | 939K | 1.14M | 1.17M | 1.26M | 1.21M | 1.32M | 1.61M | 1.99M | 2.16M | 2.53M | 2.59M | 3.28M | 3.33M | 3.63M | 3.62M | 3.64M | 4.1M | 3.69M |
| COGS % of Revenue | 18.68% | 21.58% | 23.63% | 26.13% | 26.49% | 27.22% | 24.37% | 28.42% | 31.26% | 34.29% | 25.13% | 22.98% | 25.04% | 30.03% | 29.18% | 31.02% | 28.54% | 28.56% | 27.95% | 22.45% |
| Gross Profit | 3.53M | 3.31M | 3.04M | 3.21M | 3.25M | 3.36M | 3.76M | 3.33M | 3.53M | 3.81M | 6.43M | 8.47M | 7.75M | 7.65M | 8.08M | 8.07M | 9.06M | 9.1M | 10.58M | 12.75M |
| Gross Margin % | 81.32% | 78.42% | 76.37% | 73.87% | 73.51% | 72.78% | 75.63% | 71.58% | 68.74% | 65.71% | 74.87% | 77.02% | 74.96% | 69.97% | 70.82% | 68.98% | 71.46% | 71.44% | 72.05% | 77.55% |
| Gross Profit Growth % | 8.65% | -1.58% | -19.26% | -3.49% | -8.04% | -11.73% | -41.58% | -60.73% | -54.41% | -50.18% | -20.34% | 4.99% | -14.44% | -15.94% | -23.63% | -36.71% | -27.9% | -7.5% | -3.8% | 12.81% |
| Operating Expenses | 5.9M | 5.77M | 7.4M | 7.7M | 18.2M | 8.57M | 8.21M | 9.83M | 10.51M | 35.26M | 12.13M | 10.65M | 10.99M | 14.58M | 15.23M | 16.43M | 17.43M | 16.14M | 14.61M | 18.35M |
| OpEx % of Revenue | 135.89% | 136.74% | 186.19% | 177.04% | 411.81% | 185.52% | 165.29% | 211.57% | 204.51% | 608.07% | 141.17% | 96.85% | 106.34% | 133.42% | 133.51% | 140.4% | 137.53% | 126.71% | 99.5% | 111.59% |
| Selling, General & Admin | 3.23M | 3.59M | 3.54M | 3.75M | 4.34M | 4.37M | 4.04M | 4.78M | 5.27M | 5.37M | 5.79M | 5.38M | 5.67M | 7.03M | 6.95M | 7.19M | 7.47M | 6.9M | 1.62M | 10.19M |
| SG&A % of Revenue | 74.45% | 85.03% | 89.08% | 86.17% | 98.1% | 94.5% | 81.39% | 102.73% | 102.51% | 92.62% | 67.37% | 48.93% | 54.83% | 64.31% | 60.94% | 61.49% | 58.96% | 54.21% | 11.06% | 61.97% |
| Research & Development | 1.37M | 1.85M | 2.51M | 2.6M | 2.75M | 2.86M | 2.76M | 3.64M | 3.7M | 3.99M | 3.87M | 3.7M | 3.71M | 5.87M | 6.73M | 7.41M | 8.08M | 7.26M | 4.88M | 8.16M |
| R&D % of Revenue | 31.54% | 43.78% | 63.06% | 59.88% | 62.26% | 61.83% | 55.47% | 78.25% | 72.02% | 68.8% | 45.02% | 33.67% | 35.84% | 53.69% | 59.02% | 63.33% | 63.75% | 57.05% | 33.26% | 49.62% |
| Other Operating Expenses | 1000K | 335K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -2K |
| Operating Income | -2.37M | -2.46M | -4.36M | -4.49M | -14.95M | -5.21M | -4.46M | -6.51M | -6.98M | -31.45M | -5.7M | -2.18M | -3.24M | -6.93M | -7.15M | -8.36M | -8.37M | -7.04M | -4.03M | -5.6M |
| Operating Margin % | -54.57% | -58.33% | -109.81% | -103.17% | -338.3% | -112.75% | -89.66% | -140% | -135.78% | -542.36% | -66.3% | -19.83% | -31.38% | -63.45% | -62.69% | -71.42% | -66.06% | -55.27% | -27.45% | -34.04% |
| Operating Income Growth % | 84.16% | 52.74% | 2.06% | 31.07% | -114.26% | 83.43% | 21.78% | -198.35% | -115.14% | -353.44% | 20.32% | 73.9% | 61.26% | 1.46% | -77.42% | -49.28% | -60.71% | -117.42% | -33483.33% | -2955.61% |
| EBITDA | -1.07M | -1.22M | -3.01M | -3.14M | -13.6M | -3.86M | -3.04M | -5.08M | -5.43M | -29.53M | -3.21M | -601K | -1.61M | -5.24M | -5.34M | -6.51M | -6.47M | -5.04M | -3.56M | -2M |
| EBITDA Margin % | -24.67% | -28.81% | -75.77% | -72.16% | -307.78% | -83.53% | -61.21% | -109.32% | -105.7% | -509.35% | -37.4% | -5.46% | -15.59% | -47.9% | -46.87% | -55.61% | -51.04% | -39.58% | -24.28% | -12.19% |
| EBITDA Growth % | 92.13% | 68.5% | 1.02% | 38.26% | -150.4% | 86.93% | 5.35% | -745.42% | -237.03% | -464.13% | 39.87% | 90.76% | 75.08% | -3.87% | -49.97% | -224.49% | -190.61% | -581.08% | -498.66% | -265.7% |
| D&A (Non-Cash Add-back) | 1.3M | 1.25M | 1.35M | 1.35M | 1.35M | 1.35M | 1.41M | 1.43M | 1.55M | 1.91M | 2.48M | 1.58M | 1.63M | 1.7M | 1.8M | 1.85M | 1.9M | 2M | 466K | 3.59M |
| EBIT | -2.43M | -3.37M | 5.41M | -4.47M | -5.19M | -5.15M | -4.44M | -6.36M | -6.93M | -7.46M | -5.96M | -3.68M | -3.63M | -4.62M | -6.04M | -4.89M | -8.46M | -6.98M | -3.95M | -18.46M |
| Net Interest Income | -221K | -526K | -293K | -66K | -22K | -25K | 23K | -12K | 26K | 74K | -614K | -1.44M | -2.04M | -2.26M | -1.78M | -896K | 2K | -4K | 9K | 1K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 23K | 0 | 26K | 74K | 0 | 0 | 0 | 0 | 0 | 0 | 2K | 0 | 9K | 1K |
| Interest Expense | 221K | 526K | 293K | 66K | 22K | 25K | 0 | 12K | 0 | 0 | 614K | 1.44M | 2.04M | 2.26M | 1.78M | 896K | 0 | 4K | 0 | 0 |
| Other Income/Expense | -280K | -1.44M | -266K | -50K | -109K | 33K | 13K | 138K | 50K | 478K | -882K | -2.94M | -2.42M | 57K | -673K | 2.57M | -89K | 55K | 78K | -12.87M |
| Pretax Income | -2.65M | -3.9M | -4.63M | -4.54M | -15.06M | -5.18M | -4.44M | -6.37M | -6.93M | -30.97M | -6.58M | -5.12M | -5.66M | -6.88M | -7.82M | -5.79M | -8.46M | -6.98M | -3.95M | -18.46M |
| Pretax Margin % | -61.02% | -92.32% | -116.51% | -104.32% | -340.77% | -112.03% | -89.4% | -137.03% | -134.81% | -534.12% | -76.56% | -46.53% | -54.78% | -62.93% | -68.59% | -49.45% | -66.77% | -54.83% | -26.92% | -112.28% |
| Income Tax | 0 | 0 | -77K | 0 | 0 | 1K | -52K | 0 | 0 | 39K | 133K | 14K | 2K | 9K | 149K | 27K | 31K | 19K | 56K | 145K |
| Effective Tax Rate % | 0% | 0% | 1.66% | 0% | 0% | -0.02% | 1.17% | 0% | 0% | -0.13% | -2.02% | -0.27% | -0.04% | -0.13% | -1.9% | -0.47% | -0.37% | -0.27% | -1.42% | -0.79% |
| Net Income | -2.65M | -3.9M | -4.55M | -4.54M | -15.06M | -5.18M | -4.39M | -6.37M | -6.93M | -31.01M | -6.71M | -5.13M | -5.67M | -6.89M | -7.97M | -5.81M | -8.49M | -7M | -4.01M | -18.61M |
| Net Margin % | -61.02% | -92.32% | -114.57% | -104.32% | -340.77% | -112.05% | -88.35% | -137.03% | -134.81% | -534.79% | -78.11% | -46.66% | -54.8% | -63.01% | -69.9% | -49.68% | -67.01% | -54.98% | -27.3% | -113.16% |
| Net Income Growth % | 82.41% | 24.74% | -3.69% | 28.8% | -117.38% | 83.3% | 34.58% | -24.08% | -22.31% | -350.23% | 15.81% | 11.68% | 33.3% | 1.64% | -98.9% | 68.76% | -63.23% | -117.12% | -791.03% | -11657.14% |
| Net Income (Continuing) | -2.65M | -3.9M | -4.55M | -4.54M | -15.06M | -5.18M | -4.39M | -6.37M | -6.93M | -31.01M | -6.71M | -5.13M | -5.67M | -6.89M | -7.97M | -5.81M | -8.49M | -7M | -4.01M | -18.61M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.52 | -0.75 | -1.00 | -1.25 | -3.90 | -2.10 | -1.25 | -2.70 | -3.30 | -16.40 | -3.70 | -3.05 | -3.65 | -4.85 | -5.70 | -5.25 | -6.15 | -5.15 | -2.95 | -13.80 |
| EPS Growth % | 86.67% | 64.29% | 20% | 53.7% | -18.18% | 87.2% | 66.22% | 11.48% | 9.59% | -238.14% | 35.09% | 41.9% | 40.65% | 5.83% | -93.22% | 61.96% | -55.7% | -74.58% | -636.36% | -9330.77% |
| EPS (Basic) | -0.52 | -0.75 | -1.00 | -1.25 | -3.90 | -1.40 | -1.25 | -2.70 | -3.30 | -16.40 | -4.00 | -3.20 | -3.65 | -4.85 | -5.70 | -5.25 | -6.20 | -5.20 | -3.05 | -13.80 |
| Diluted Shares Outstanding | 5.21M | 5.14M | 4.77M | 4.2M | 3.88M | 2.47M | 2.47M | 2.37M | 2.11M | 1.89M | 1.82M | 1.68M | 1.56M | 1.42M | 1.41M | 1.39M | 1.38M | 1.36M | 1.36M | 1.35M |
| Basic Shares Outstanding | 5.17M | 5.14M | 4.77M | 4.2M | 3.88M | 3.64M | 3.51M | 2.37M | 2.11M | 1.89M | 1.69M | 1.6M | 1.56M | 1.42M | 1.41M | 1.39M | 1.37M | 1.35M | 1.31M | 1.35M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |