Revenue
4.34 million USD
2026 Q2 · USD
Exact inputs and evidence
- Revenue: 4341000 USD Source
Fundies. English
SMITH MICRO SOFTWARE INC
EDGARAnnual consolidated revenue for 2025: about USD 17.36M, using the latest reported figures. The previous period, 2024, was about USD 20.56M.
Latest quarter
Operating margin
-54.57%
2026 Q2 · %
Operating cash flow
-882 thousand USD
2026 Q2 · USD
Free cash flow
-943 thousand USD
2026 Q2 · USD
- Cash and cash equivalents
- 2.8 million USD Source
Exact value
2795000 USD
- Long-term debt including current maturities
- 3.8 million USD Source
Exact value
3800000 USD
- Shares outstanding
- 5.59 million shares Source
Exact value
5589880 shares
Reported share-count change
-71.16% · -13.8 million shares
Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.
Trailing twelve months
The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.
Revenue
16.9 million USD
2025-07-01 – 2026-06-30
Net income
-15.6 million USD
2025-07-01 – 2026-06-30
Exact inputs and evidence
Operating cash flow
-8.96 million USD
2025-07-01 – 2026-06-30
Exact inputs and evidence
- Operating cash flow: -5007000 USD · 2025-01-01 – 2025-09-30 Source
- Operating cash flow: -2870000 USD · 2025-01-01 – 2025-06-30 Source
- Operating cash flow: -7193000 USD · 2025-01-01 – 2025-12-31 Source
- Operating cash flow: -5007000 USD · 2025-01-01 – 2025-09-30 Source
- Operating cash flow: -3752000 USD · 2026-01-01 – 2026-03-31 Source
- Operating cash flow: -4634000 USD · 2026-01-01 – 2026-06-30 Source
- Operating cash flow: -3752000 USD · 2026-01-01 – 2026-03-31 Source
Capital expenditure
129 thousand USD
2025-07-01 – 2026-06-30
Exact inputs and evidence
- Capital expenditure: 52000 USD · 2025-01-01 – 2025-09-30 Source
- Capital expenditure: 31000 USD · 2025-01-01 – 2025-06-30 Source
- Capital expenditure: 88000 USD · 2025-01-01 – 2025-12-31 Source
- Capital expenditure: 52000 USD · 2025-01-01 – 2025-09-30 Source
- Capital expenditure: 11000 USD · 2026-01-01 – 2026-03-31 Source
- Capital expenditure: 72000 USD · 2026-01-01 – 2026-06-30 Source
- Capital expenditure: 11000 USD · 2026-01-01 – 2026-03-31 Source
Free cash flow
-9.09 million USD
2025-07-01 – 2026-06-30
Exact inputs and evidence
- Operating cash flow: -5007000 USD · 2025-01-01 – 2025-09-30 Source
- Operating cash flow: -2870000 USD · 2025-01-01 – 2025-06-30 Source
- Operating cash flow: -7193000 USD · 2025-01-01 – 2025-12-31 Source
- Operating cash flow: -5007000 USD · 2025-01-01 – 2025-09-30 Source
- Operating cash flow: -3752000 USD · 2026-01-01 – 2026-03-31 Source
- Operating cash flow: -4634000 USD · 2026-01-01 – 2026-06-30 Source
- Operating cash flow: -3752000 USD · 2026-01-01 – 2026-03-31 Source
- Capital expenditure: 52000 USD · 2025-01-01 – 2025-09-30 Source
- Capital expenditure: 31000 USD · 2025-01-01 – 2025-06-30 Source
- Capital expenditure: 88000 USD · 2025-01-01 – 2025-12-31 Source
- Capital expenditure: 52000 USD · 2025-01-01 – 2025-09-30 Source
- Capital expenditure: 11000 USD · 2026-01-01 – 2026-03-31 Source
- Capital expenditure: 72000 USD · 2026-01-01 – 2026-06-30 Source
- Capital expenditure: 11000 USD · 2026-01-01 – 2026-03-31 Source
Includes later revisions to earlier periods. Annual charts exclude incomplete years.
Latest filing recorded: 2026-08-14.
Financial data available through: 2025-12-31.
Coverage by financial measure
- Revenue: 11 of 11 periods available· newest 2025-12-31
- Operating income: 11 of 11 periods available· newest 2025-12-31
- Net income: 11 of 11 periods available· newest 2025-12-31
- Operating cash flow: 11 of 11 periods available· newest 2025-12-31
- Capital expenditure: 2 of 11 periods available· newest 2025-12-31
- Total assets: 11 of 11 periods available· newest 2025-12-31
- liabilities: No compatible figures in this window
- Current assets: 11 of 11 periods available· newest 2025-12-31
- Current liabilities: 11 of 11 periods available· newest 2025-12-31
- Cash and cash equivalents: 11 of 11 periods available· newest 2025-12-31
- Long-term debt including current maturities: 2 of 11 periods available· newest 2017-12-31
- Shares outstanding: 11 of 11 periods available· newest 2025-12-31
Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.
What changed year over year
Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.
Revenue
-15.5%Prior period
USD 20.56 million
–
Current period
USD 17.36 million
–
Exact inputs and evidence
17363000 − 20555000 = -3192000 USD
20555000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source17363000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Net income
+USD 19.37 millionPrior period
−USD 48.7 million
–
Current period
−USD 29.33 million
–
Exact inputs and evidence
-29327000 − -48697000 = 19370000 USD
-48697000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source-29327000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
+USD 7.1 millionPrior period
−USD 14.3 million
–
Current period
−USD 7.19 million
–
Exact inputs and evidence
-7193000 − -14295000 = 7102000 USD
-14295000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source-7193000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Capital expenditure
+340%Prior period
USD 20,000
–
Current period
USD 88,000
–
Exact inputs and evidence
88000 − 20000 = 68000 USD
20000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source88000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Where revenue goes
How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.
2025 2025-01-01 – 2025-12-31
- Revenue USD 17.36 million 100% of revenue
- Cost of revenue USD 4.51 million 26% of revenue
- Operating expenses USD 41.87 million 241% of revenue
- Operating income −USD 29.01 million −167% of revenue
- Tax, interest and other Derived USD 316,000 1.8% of revenue
- Net income −USD 29.33 million −169% of revenue
Cash
- Operating cash flow −USD 7.19 million −41% of revenue
- Capital expenditure USD 88,000 0.5% of revenue
- Free cash flow Derived −USD 7.28 million −42% of revenue
Share of revenue by period
- Net income
- Tax, interest and other
- Operating costs
- 2016 Operating loss: operating costs were 156% of revenue.
- 2017 Operating loss: operating costs were 125% of revenue.
- 2018 Operating loss: operating costs were 105% of revenue.
- 2019 Net income was higher than operating income, so the split is not drawn.
- 2020 Net income was higher than operating income, so the split is not drawn.
- 2021 Operating loss: operating costs were 153% of revenue.
- 2022 Operating loss: operating costs were 164% of revenue.
- 2023 Operating loss: operating costs were 144% of revenue.
- 2024 Operating loss: operating costs were 340% of revenue.
- 2025 Operating loss: operating costs were 267% of revenue.
Values and sources
| Period | Revenue | Operating costs | Operating income | Tax, interest and other | Net income | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| 2016 2016-01-01 – 2016-12-31 | 28235000 | 44140000 Derived | -15905000 | -562000 Derived | -15343000 | Unavailable | Source
|
| 2017 2017-01-01 – 2017-12-31 | 22974000 | 28648000 Derived | -5674000 | 987000 Derived | -6661000 | Unavailable | Source
|
| 2018 2018-01-01 – 2018-12-31 | 26285000 | 27499000 Derived | -1214000 | 1526000 Derived | -2740000 | Unavailable | Source
|
| 2019 2019-01-01 – 2019-12-31 | 43346000 | 33241000 Derived | 10105000 | -617000 Derived | 10722000 | Unavailable | Source
|
| 2020 2020-01-01 – 2020-12-31 | 51300000 | 47779000 Derived | 3521000 | -644000 Derived | 4165000 | Unavailable | Source
|
| 2021 2021-01-01 – 2021-12-31 | 58422000 | 89360000 Derived | -30938000 | 105000 Derived | -31043000 | Unavailable | Source
|
| 2022 2022-01-01 – 2022-12-31 | 48513000 | 79440000 Derived | -30927000 | -1648000 Derived | -29279000 | Unavailable | Source
|
| 2023 2023-01-01 – 2023-12-31 | 40862000 | 58917000 Derived | -18055000 | 6341000 Derived | -24396000 | Unavailable | Source
|
| 2024 2024-01-01 – 2024-12-31 | 20555000 | 69945000 Derived | -49390000 | -693000 Derived | -48697000 | -14315000 Derived | Source
|
| 2025 2025-01-01 – 2025-12-31 | 17363000 | 46374000 Derived | -29011000 | 316000 Derived | -29327000 | -7281000 Derived | Source
|
Amounts are exact, in USD.
Growth
Sales over time and how quickly they are changing.
Revenue
Revenue reported for each complete financial period.
USD 17.4M 2025
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2016 | Revenue | 28235000 |
|
| 2017 | Revenue | 22974000 |
|
| 2018 | Revenue | 26285000 |
|
| 2019 | Revenue | 43346000 |
|
| 2020 | Revenue | 51300000 |
|
| 2021 | Revenue | 58422000 |
|
| 2022 | Revenue | 48513000 |
|
| 2023 | Revenue | 40862000 |
|
| 2024 | Revenue | 20555000 |
|
| 2025 | Revenue | 17363000 |
|
Revenue growth
Change in revenue from the same financial period one year earlier.
-15.5% 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2016 | Year over year | -28.5% |
|
| 2017 | Year over year | -18.6% |
|
| 2018 | Year over year | 14.4% |
|
| 2019 | Year over year | 64.9% |
|
| 2020 | Year over year | 18.4% |
|
| 2021 | Year over year | 13.9% |
|
| 2022 | Year over year | -17% |
|
| 2023 | Year over year | -15.8% |
|
| 2024 | Year over year | -49.7% |
|
| 2025 | Year over year | -15.5% |
|
Profit and cash
How much revenue becomes profit, and how much cash operations generate.
Profit margins
Operating income, net income and free cash flow as a share of revenue.
Operating margin -167.1% 2025
Net margin -168.9% 2025
Free cash flow margin -41.9% 2025
- Operating margin
- Net margin
- Free cash flow margin
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2016 | Operating margin | -56.3% |
|
| 2017 | Operating margin | -24.7% |
|
| 2018 | Operating margin | -4.6% |
|
| 2019 | Operating margin | 23.3% |
|
| 2020 | Operating margin | 6.9% |
|
| 2021 | Operating margin | -53% |
|
| 2022 | Operating margin | -63.7% |
|
| 2023 | Operating margin | -44.2% |
|
| 2024 | Operating margin | -240.3% |
|
| 2025 | Operating margin | -167.1% |
|
| 2016 | Net margin | -54.3% |
|
| 2017 | Net margin | -29% |
|
| 2018 | Net margin | -10.4% |
|
| 2019 | Net margin | 24.7% |
|
| 2020 | Net margin | 8.1% |
|
| 2021 | Net margin | -53.1% |
|
| 2022 | Net margin | -60.4% |
|
| 2023 | Net margin | -59.7% |
|
| 2024 | Net margin | -236.9% |
|
| 2025 | Net margin | -168.9% |
|
| 2016 | Free cash flow margin | Not reported |
|
| 2017 | Free cash flow margin | Not reported |
|
| 2018 | Free cash flow margin | Not reported |
|
| 2019 | Free cash flow margin | Not reported |
|
| 2020 | Free cash flow margin | Not reported |
|
| 2021 | Free cash flow margin | Not reported |
|
| 2022 | Free cash flow margin | Not reported |
|
| 2023 | Free cash flow margin | Not reported |
|
| 2024 | Free cash flow margin | -69.6% |
|
| 2025 | Free cash flow margin | -41.9% |
|
Operating cash flow
Cash generated by the company’s normal business operations.
USD -7.2M 2025
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2016 | Operating cash flow | -11503000 |
|
| 2017 | Operating cash flow | -7419000 |
|
| 2018 | Operating cash flow | -2874000 |
|
| 2019 | Operating cash flow | 9988000 |
|
| 2020 | Operating cash flow | 7924000 |
|
| 2021 | Operating cash flow | -12916000 |
|
| 2022 | Operating cash flow | -19261000 |
|
| 2023 | Operating cash flow | -6973000 |
|
| 2024 | Operating cash flow | -14295000 |
|
| 2025 | Operating cash flow | -7193000 |
|
Free cash flow
Operating cash flow minus capital expenditure for the same period and unit.
USD -7.3M 2025
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2016 | Free cash flow | Unavailable |
|
| 2017 | Free cash flow | Unavailable |
|
| 2018 | Free cash flow | Unavailable |
|
| 2019 | Free cash flow | Unavailable |
|
| 2020 | Free cash flow | Unavailable |
|
| 2021 | Free cash flow | Unavailable |
|
| 2022 | Free cash flow | Unavailable |
|
| 2023 | Free cash flow | Unavailable |
|
| 2024 | Free cash flow | -14315000 |
|
| 2025 | Free cash flow | -7281000 |
|
Balance sheet
Liabilities and short-term ability to meet obligations at each period end.
Liabilities to assets
Total liabilities as a share of total assets.
Not enough comparable data to show this history.
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2016-12-31 | Liabilities / assets | Not reported |
|
| 2017-12-31 | Liabilities / assets | Not reported |
|
| 2018-12-31 | Liabilities / assets | Not reported |
|
| 2019-12-31 | Liabilities / assets | Not reported |
|
| 2020-12-31 | Liabilities / assets | Not reported |
|
| 2021-12-31 | Liabilities / assets | Not reported |
|
| 2022-12-31 | Liabilities / assets | Not reported |
|
| 2023-12-31 | Liabilities / assets | Not reported |
|
| 2024-12-31 | Liabilities / assets | Not reported |
|
| 2025-12-31 | Liabilities / assets | Not reported |
|
Current assets to current liabilities
Current assets divided by current liabilities.
0.74× 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2016 | Current assets / current liabilities | 1.44× |
|
| 2017 | Current assets / current liabilities | 1.65× |
|
| 2018 | Current assets / current liabilities | 5.94× |
|
| 2019 | Current assets / current liabilities | 6.99× |
|
| 2020 | Current assets / current liabilities | 4.69× |
|
| 2021 | Current assets / current liabilities | 3.06× |
|
| 2022 | Current assets / current liabilities | 1.28× |
|
| 2023 | Current assets / current liabilities | 2.21× |
|
| 2024 | Current assets / current liabilities | 1.77× |
|
| 2025 | Current assets / current liabilities | 0.74× |
|
Cash generation
Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.
| Period | Net income | Operating cash flow | Capital expenditure | Free cash flow |
|---|---|---|---|---|
| 2016 2016-01-01 – 2016-12-31 | −USD 15.34 million Exact valueExact value: -15343000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 11.5 million Exact valueExact value: -11503000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2017 2017-01-01 – 2017-12-31 | −USD 6.66 million Exact valueExact value: -6661000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 7.42 million Exact valueExact value: -7419000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2018 2018-01-01 – 2018-12-31 | −USD 2.74 million Exact valueExact value: -2740000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 2.87 million Exact valueExact value: -2874000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2019 2019-01-01 – 2019-12-31 | USD 10.72 million Exact valueExact value: 10722000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 9.99 million Exact valueExact value: 9988000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2020 2020-01-01 – 2020-12-31 | USD 4.17 million Exact valueExact value: 4165000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 7.92 million Exact valueExact value: 7924000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2021 2021-01-01 – 2021-12-31 | −USD 31.04 million Exact valueExact value: -31043000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 12.92 million Exact valueExact value: -12916000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2022 2022-01-01 – 2022-12-31 | −USD 29.28 million Exact valueExact value: -29279000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 19.26 million Exact valueExact value: -19261000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2023 2023-01-01 – 2023-12-31 | −USD 24.4 million Exact valueExact value: -24396000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 6.97 million Exact valueExact value: -6973000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2024 2024-01-01 – 2024-12-31 | −USD 48.7 million Exact valueExact value: -48697000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 14.3 million Exact valueExact value: -14295000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 20,000 Exact valueExact value: 20000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 14.32 million Calculation and evidence-14295000 − 20000 USD Exact free cash flow: -14315000 USD
Share or citeThe citation records this snapshot. The page link may show a newer release later. |
| 2025 2025-01-01 – 2025-12-31 | −USD 29.33 million Exact valueExact value: -29327000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 7.19 million Exact valueExact value: -7193000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 88,000 Exact valueExact value: 88000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 7.28 million Calculation and evidence-7193000 − 88000 USD Exact free cash flow: -7281000 USD
Share or citeThe citation records this snapshot. The page link may show a newer release later. |
Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.
Dataset coverage and company identifiers
Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.
199 filings · 7,477 latest values · 7,477 originally reported values
Dataset published . Source filing dates and reporting periods are shown separately.
Identifiers: 0000948708, 948708, SMSI, edgar:948708
Also known as SMITH MICRO SOFTWARE INC, SMITH MICRO SOFTWARE, INC, SMITH MICRO SOFTWARE, INC., Smith Micro Software, Inc.