SMSI
Smith Micro Software, Inc.
NASDAQ · Technology · Software - Application · US
$2.85
−0.70%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 16.9M | 17.4M | 20.6M | 40.9M | 48.5M |
| Cost of Revenue | 3.8M | 4.5M | 6.1M | 10.6M | 14.2M |
| Gross Profit | 13.1M | 12.9M | 14.4M | 30.3M | 34.3M |
| Operating Expenses | |||||
| R&D Expense | 8.3M | 10.7M | 14.1M | 17.1M | 29.9M |
| SG&A Expense | 14.1M | 16.0M | 19.5M | 23.9M | 29.0M |
| General & Admin Expense | 8.7M | 10.0M | 10.6M | 12.8M | 16.2M |
| Selling & Marketing Expense | 5.4M | 6.0M | 8.9M | 11.1M | 12.9M |
| Other Expenses | 4.3M | 5.4M | 30.3M | 7.3M | 6.3M |
| Total Operating Expenses | 26.8M | 32.1M | 63.8M | 48.4M | 65.2M |
| Cost and Expenses | 30.6M | 36.6M | 69.9M | 58.9M | 79.4M |
| Operating Income (EBIT) | (13.7M) | (19.2M) | (49.4M) | (18.1M) | (30.9M) |
| Non-Operating | |||||
| Interest Income | — | — | 112.0K | — | — |
| Interest Expense | 1.1M | 407.0K | — | 6.4M | 2.7M |
| Net Interest Income | (1.1M) | (407.0K) | 112.0K | (6.4M) | (2.7M) |
| Other Non-Op Income/Expense | (2.0M) | (10.2M) | 680.0K | (6.2M) | 1.9M |
| Non-Operating Income (excl Interest) | (8.8M) | 9.8M | (24.0M) | (171.0K) | (4.6M) |
| EBT (Pre-Tax Income) | (15.7M) | (29.4M) | (48.7M) | (24.2M) | (29.1M) |
| Income Tax Expense | (77.0K) | 693.0K | (13.0K) | 158.0K | 226.0K |
| Bottom Line | |||||
| Net Income | (15.6M) | (30.1M) | (48.7M) | (24.4M) | (29.3M) |
| Earnings from Cont. Ops | (15.6M) | (30.1M) | (48.7M) | (24.4M) | (29.3M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (16.5M) | (30.1M) | (48.7M) | (24.4M) | (29.3M) |
| Per Share | |||||
| Basic EPS | ($3.52) | ($7.30) | ($19.70) | ($15.20) | ($21.20) |
| Diluted EPS | ($3.52) | ($7.30) | ($19.70) | ($15.05) | ($21.15) |
| Revenue Per Share | $3.26 | $4.21 | $8.31 | $25.46 | $35.13 |
| Shares | |||||
| Basic Shares Outstanding | 5.2M | 4.1M | 2.5M | 1.6M | 1.4M |
| Diluted Shares Outstanding | 5.2M | 4.1M | 2.5M | 1.6M | 1.4M |
| Profitability Metrics | |||||
| EBITDA | 390.0K | (23.6M) | (19.1M) | (10.5M) | (17.7M) |
| D&A | 5.2M | 5.4M | 6.3M | 7.4M | 8.7M |
| EBIT | (4.9M) | (29.0M) | (25.4M) | (17.9M) | (26.4M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026