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Research & education only — not financial advice. EDGAR is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates — see Disclosures. Do your own research.

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Home›Stocks›SMSI

SMSI

SMITH MICRO SOFTWARE, INC.

Next earnings Aug 4, 2026 · consensus $-0.59 EPS, $4.95M rev

Last earnings +2.5% on 2026-04-29

Avoid
$2.81
▲ +2.93%
$2.81▼ -36.14%
over 1Y
L $2.20EODHDH $5.65
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+2.9%
1W-7.6%
1M-31.5%
3M-23.0%
YTD+2.2%
1Y-36.1%
OverviewFinancialsValuationQualityTimelineFilings
Rating
Avoid
Quality
D
Valuation
Fair value
Filings
Flagged
Avoid
Conviction
Horizon
Medium (3–12mo)
Street · 8 analysts
Buy

Revenue fell -15.5% YoY.

Revenue (FY2025) $17.4M · FY2025

SMITH MICRO SOFTWARE, INC. shows $17.4M in FY2025 revenue (-15.5% YoY), a -168.9% net margin, and -159.5% ROE.

Financials · annual, by fiscal year

Line itemFY21FY22FY23FY24FY25
Revenue$58.4M$48.5M$40.9M$20.6M$17.4M
Gross profit$45.7M$34.3M$30.3M$14.4M$12.9M
Operating income-$30.9M-$30.9M-$18.1M-$49.4M-$29.0M
Net income-$31.0M-$29.3M-$24.4M-$48.7M-$29.3M
Diluted EPS-$0.61-$0.53-$3.01-$3.94-$1.46
Net margin-53.1%-60.4%-59.7%-236.9%-168.9%

Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.

Key statistics

Valuation

Enterprise value$74.7M
EV / EBITDA—
EV / Sales4.3
EV / FCF—
P / FCF—
PEG (trailing)—
Earnings yield-40.5%
FCF yield-10.1%

Quality & risk

ROIC (est.)-103.3%
Free cash flow-$7.28M
Total debt$3.80M
Net cash-$2.31M
Piotroski F-Score3/9

Capital returns

Buyback yield1.0%
Dividend yield (est.)—
Shareholder yield1.0%
Shares Δ YoY+44.9%

Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.

Disclosure timeline

SEC · 8-Ks + reports
Red flag in recent filings — agreement terminated (2026-03-04). Worth a closer look.
  1. 8-K Other event2026-06-23
  2. 8-K Material agreement2026-06-12
  3. 8-K Charter / bylaws change2026-05-26
  4. S-1 Securities registration2026-05-08
  5. 10-Q Quarterly report2026-05-01
  6. 8-K Earnings results2026-04-29
  7. DEF 14A Proxy statement2026-04-16
  8. 10-K Annual report2026-03-05
  9. 8-K Agreement terminated2026-03-04

Recent filings

all on EDGAR ↗
8-KPeriod ending 2026-06-232026-06-23open ↗8-KPeriod ending 2026-06-112026-06-12open ↗SCHEDULE 13D/AFiling2026-06-08open ↗SCHEDULE 13D/AFiling2026-05-28open ↗8-KPeriod ending 2026-05-262026-05-26open ↗EFFECTFiling2026-05-20open ↗424B3Filing2026-05-20open ↗4Period ending 2026-05-142026-05-18open ↗4Period ending 2026-05-142026-05-18open ↗4Period ending 2026-05-142026-05-18open ↗S-1Filing2026-05-08open ↗10-QPeriod ending 2026-03-312026-05-01open ↗

Quality score

D
ValueGrowthProfitHealthMom.
ValueC
GrowthC
ProfitabilityF
Financial healthC
Momentum—
  • ✗Revenue growing year-over-year
  • ✗Profitable (positive net income)
  • ✗Net margin above 10%
  • ✗Return on equity above 15%
Revenue
$17.4M
-15.5% YoY
Net margin
-168.9%
ROE
-159.5%
P/E
—

SEC fundamentals · FY 2025

'21'22'23'24'25

■ revenue · ■ net income, by fiscal year

Revenue$17.4M-15.5%
Net income-$29.3M+39.8%
Gross profit$12.9M-10.9%
Operating income-$29.0M+41.3%
Diluted EPS-$1.46+62.9%
Cash & equivalents$1.49M-46.8%
Total assets$25.0M-48.0%
Stockholders' equity$18.4M-54.9%
Gross: 74.1%Op.: -167.1%

Frequently asked

Is SMITH MICRO SOFTWARE, INC. (SMSI) a buy?
SMSI currently carries a Avoid rating with 4/5 conviction, derived from its latest SEC filings. Revenue fell -15.5% YoY.
What is SMITH MICRO SOFTWARE, INC.'s quality score?
SMSI scores 45.15686274509803/100 (grade D) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.

Sources: SEC EDGAR (CIK 0000948708, latest 10-Q filed 2026-05-01) · EODHD · as of 6/27/2026, 5:24:27 PM.

Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.

Insider activity

Form 4 · SEC
2026-05-14
SMITH WILLIAM W JR
Executive Chairman
Tax1.62K @ $0.87$1.41K
2026-05-14
Huffmyer Timothy C.
President and CEO
Tax588.00 @ $0.87$510.68
2026-05-14
Braund Bethany M
VP, CFO and Treasurer
Tax1.85K @ $0.87$1.61K
2026-04-27
SMITH WILLIAM W JR
Executive Chairman
Tax1.62K @ $0.70$1.13K
2026-04-27
Braund Bethany M
VP, CFO and Treasurer
Tax6.76K @ $0.72$4.87K
2026-04-27
Huffmyer Timothy C.
President and CEO
Tax588.00 @ $0.70$411.60
2026-03-31
Braund Bethany M
VP, CFO and Treasurer
Award20.0K
2026-03-13
SMITH WILLIAM W JR
President and CEO
Tax4.94K @ $0.85$4.18K

Earnings history

beat/miss · move
2026-04-29Beat +2.0% est▲ +2.50%8-K ↗
2026-03-04Miss -3.2% est▲ +3.85%8-K ↗
2025-11-05Miss -4.3% est▼ -1.49%8-K ↗
2025-08-06Miss -4.5% est▲ +6.94%8-K ↗
2025-05-07—▲ +14.13%8-K ↗
2025-03-11—▼ -5.26%8-K ↗

Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.

Recent news

market news →
Manhattan Associates (MANH) Surpasses Q1 Earnings and Revenue EstimatesBullish
finance.yahoo.com· 2026-04-21
Smith Micro outlines leadership transition and targets Q2 2026 non-GAAP profitability amid strong SafePath OS momentumBullish
seekingalpha.com· 2026-03-05
ACI Worldwide (ACIW) Misses Q4 Earnings EstimatesBullish
finance.yahoo.com· 2026-02-26
Smith Micro Software, Inc. (SMSI) Reports Q3 Loss, Lags Revenue EstimatesBullish
finance.yahoo.com· 2025-11-05
Will Smith Micro Software, Inc. (SMSI) Report Negative Q3 Earnings? What You Should KnowBullish
finance.yahoo.com· 2025-11-05
Cadence Q3 Earnings Top on Upbeat AI Trends, Backlog Remains RobustBullish
finance.yahoo.com· 2025-10-31

Vs tracked universe

compare →

1043 tracked peers · median

EDGAR Score45 vs 67
Revenue growth-15.5% vs 7.1%
Net margin-168.9% vs 10.5%
Return on equity-159.5% vs 12.3%
P/E— vs 25.5