Smith Micro Software, Inc. SMSI

FY2025 · ended Dec 31, 2025 · Revenue $17.36M, -15.5% YoY · Filed Mar 5, 2026

Smith Micro Software, Inc. (SMSI) files with the SEC under industry code 7372, Services-Prepackaged Software. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $17.4 million and a net loss of $29.3 million. Free cash flow was -$7.3 million. As of Jun 30, 2026 it held $2.8 million in cash and investments and $2.5 million in total debt.

Revenue (TTM)
$16.88M
-9.5% vs year-ago TTM
Net income (TTM)
$-15.63M
+49.6% vs year-ago TTM
Operating cash flow (TTM)
$-8.96M
+22.9% vs year-ago TTM
Free cash flow (TTM)
$-9.09M
+22.0% vs year-ago TTM
EPS (TTM)
$-0.73
+78.0% vs year-ago TTM
Dividend per share
None
Shares outstanding
25.76M
+44.9% vs prior year
Net cash
$327,000
as of Jun 30, 2026
Operating margin
-86.4%
FY 2026

Company profile

Industry
Services-Prepackaged Software (SIC 7372)
Listed as
SMSI (Nasdaq)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
Pittsburgh, PA
SEC filer status
Non-accelerated filer, Smaller reporting company
SEC CIK
948708
Former names
SMITH MICRO SOFTWARE, INC. (until Sep 18, 2026); SMITH MICRO SOFTWARE, INC (until Mar 22, 2019); SMITH MICRO SOFTWARE INC (until Sep 28, 2018)

Other Services-Prepackaged Software companies

Key figures

Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.

Line
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
Revenue
$17.4M
$20.6M
$40.9M
$48.5M
$58.4M
Operating income
-$29.0M
-$49.4M
-$18.1M
-$30.9M
-$30.9M
Net income
-$29.3M
-$48.7M
-$24.4M
-$29.3M
-$31.0M
Diluted EPS
-$1.46
-$3.94
-$3.01
-$0.53
—
Operating cash flow
-$7.2M
-$14.3M
-$7.0M
-$19.3M
-$12.9M
Free cash flow
-$7.3M
-$14.3M
-$7.0M
-$19.3M
-$13.7M
Total assets
$25.0M
$48.0M
$85.6M
$103.6M
$114.5M
Stockholders' equity
$18.4M
$40.8M
$75.4M
$76.4M
$100.6M
Cash and investments
$1.5M
$2.8M
$7.1M
$14.0M
$16.1M
Total debt
$1.3M
$2.6M
$3.3M
$4.4M
$5.9M

Recent SEC filings

Recent SEC filings
Form Description Filed Period
8-K Current report
Officer or director change, Regulation FD disclosure
Sep 18, 2026 Sep 17, 2026
10-Q Quarterly report Aug 14, 2026 Jun 30, 2026
8-K Current report
Results of operations, Regulation FD disclosure
Aug 13, 2026 Aug 13, 2026
8-K Current report
Other events
Jun 23, 2026 Jun 23, 2026
8-K Current report
Material agreement, Unregistered share sale
Jun 12, 2026 Jun 11, 2026
8-K Current report
Bylaw or fiscal year change, Shareholder vote results
May 26, 2026 May 26, 2026

Source: SEC EDGAR filings. This is company-reported data, not investment advice.