MARKETS / NASDAQ / SMSI
NASDAQ · SERVICES-PREPACKAGED SOFTWARE · SMALL CAP

Smith Micro Software, Inc. SMSI

17 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
$17.4M
▼ 15.5% vs FY2024
EPS · FY25
$-1.46
Dividend / sh · FY25
Payout · FY25
ROE · FY25
-99.2%
Net margin · FY25
-168.9%
Dividend coverage
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Result
USD 17.4M
Revenue, FY2025 · full 17-year series below
Revenue Net income
0.040.080.120.160.0-0.02009201220152018202120242025
0.040.080.120.160.0-0.02016201920222025

The company lost 169 cents on every revenue dollar this year.

Per share
USD -1.46
Diluted EPS, FY2025
EPS
0.40.81.2-1.462009201220152018202120242025
0.40.81.2-1.462016201920222025

The company pays no cash dividend.

Profitability
-99.2%
Return on equity, FY2025
ROE
8162432-99.2%2009201220152018202120242025
8162432-99.2%2016201920222025
Operating margin-167.1%
Net margin-168.9%
Return on assets-80.3%

Each USD of equity lost 99 cents this year.

Returned to shareholders
returned in FY2025 · dividends + net buybacks
Dividends paid
Net buybacks
Share of profit
Consecutive raises

Growth
−19.5% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
−29.0%
−19.5%
−7.9%
−12.6%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.03B
Shares outstanding, FY2025
0.030.032009201220152018202120242025
0.010.032016201920222025
Change, 5 years
Change, 10 years

A share split breaks the comparison across the period, so we leave it out.

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Balance sheet
USD 25.0M
total assets, end of FY2025
Total assetsUSD 25.0M
EquityUSD 18.4M
CashUSD 1.5M
Current ratio0.74×

Equity funds 74% of total assets.

History
17 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
Revenue $B
0.0
0.0
0.0
0.0
0.1
0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.1
0.1
0.1
Operating income $B
−0.0
−0.0
−0.0
−0.0
−0.0
0.0
0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.2
0.0
0.0
EBITDA $B
−0.0
−0.0
−0.0
−0.0
−0.0
0.0
0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.2
0.0
·
Income tax $B
−0.0
−0.0
0.0
0.0
0.0
0.0
0.0
0.0
−0.0
−0.0
0.0
0.0
0.0
−0.0
−0.0
0.0
0.0
Net income $B
−0.0
−0.0
−0.0
−0.0
−0.0
0.0
0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.2
0.0
0.0
EPS, diluted $
−1.46
−3.94
−3.01
−0.53
−0.61
0.10
0.29
−0.14
−0.49
−1.28
−0.23
−1.16
−0.76
−0.71
−4.48
0.36
0.14
Dividend / sh $
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Payout %
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
ROE %
−99.2
−83.9
−32.1
−33.1
−39.0
7.8
31.0
−21.8
−174.7
−179.6
−18.0
−71.4
−91.9
−47.4
−112.7
6.1
2.5
Shares out B
0.03
0.02
0.01
0.06
0.05
0.04
0.04
0.03
0.01
0.01
0.01
0.05
0.04
0.04
0.04
0.03
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
66 of 66
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed