15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $17M | -$30096 | 74.1% | -167.1% | -0.2% | -0.1% | -$7M | — | $1M |
| 2024 | $21M | -$48697 | 70.2% | -240.3% | -0.1% | -0.1% | -$14M | — | $3M |
| 2023 | $41M | -$24396 | 74.2% | -44.2% | -0.0% | -0.0% | — | — | $7M |
| 2022 | $49M | -$29M | 70.7% | -63.7% | -38.3% | -28.3% | — | — | $14M |
| 2021 | $58M | -$31M | 78.3% | -53.0% | -30.9% | -27.1% | — | — | $16M |
| 2020 | $51M | $4M | 89.9% | 6.9% | 7.1% | 5.7% | — | — | $26M |
| 2019 | $43M | $11M | 90.9% | 23.3% | 22.0% | 17.5% | — | — | $28M |
| 2018 | $26M | -$3M | 83.5% | -4.6% | -13.3% | -10.9% | — | — | $12M |
| 2017 | $23M | -$7M | 77.9% | -24.7% | -145.9% | -48.0% | — | $4M | $2M |
| 2016 | — | -$15M | — | — | -501.6% | -107.2% | — | $3M | $2M |
| 2015 | — | -$3M | — | — | -18.6% | -10.6% | — | — | $9M |
| 2014 | — | -$12M | — | — | -79.2% | -43.1% | — | — | $10M |
| 2013 | — | -$28M | — | — | -153.8% | -88.6% | — | — | $12M |
| 2012 | — | -$25M | — | — | -59.7% | -46.8% | — | — | $19M |
| 2011 | — | -$160M | — | — | -246.1% | -199.7% | — | — | $7M |
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | $4M | -$3M | 81.3% | -54.6% | -15.3% | -10.2% | -$943000 | — | $3M |
| Mar '26 | $4M | -$4M | 78.4% | -79.9% | -21.2% | -15.1% | -$4M | — | $2M |
| Dec '25 | $4M | -$5M | 76.4% | -109.8% | -24.8% | -18.2% | -$2M | — | $1M |
| Sep '25 | $4M | -$5M | 73.9% | -103.2% | -22.8% | -16.7% | -$2M | — | $1M |
| Jun '25 | $4M | -$15M | 73.5% | -338.3% | -67.2% | -50.9% | -$2M | — | $1M |
| Mar '25 | $5M | -$5M | 72.8% | -112.7% | -14.2% | -11.9% | -$606000 | — | $2M |
| Dec '24 | $5M | -$4M | 75.6% | -89.7% | -10.8% | -9.1% | -$5M | — | $3M |
| Sep '24 | $5M | -$6M | 71.6% | -140.0% | -16.9% | -13.8% | -$4M | — | $2M |
| Jun '24 | $5M | -$7M | 68.7% | -135.8% | -16.2% | -13.1% | — | — | $6M |
| Mar '24 | $6M | -$31M | 65.7% | -542.4% | -68.2% | -55.9% | — | — | $6M |
| Dec '23 | $9M | -$7M | 74.9% | -66.3% | -8.9% | -7.8% | — | — | $7M |
| Sep '23 | $11M | -$5M | 77.0% | -19.8% | -6.7% | -5.6% | — | — | $8M |
| Jun '23 | $10M | -$6M | 75.0% | -31.4% | -7.6% | -6.0% | — | — | $6M |
| Mar '23 | $11M | -$7M | 70.0% | -63.4% | -9.3% | -7.0% | — | — | $9M |
| Dec '22 | $11M | -$8M | 70.8% | -62.8% | -10.4% | -7.7% | — | — | $14M |
| Sep '22 | $12M | -$6M | 69.0% | -71.4% | -7.0% | -5.3% | — | — | $19M |
| Jun '22 | $13M | -$8M | 71.5% | -66.1% | -9.8% | -8.4% | — | — | $5M |
| Mar '22 | $13M | -$7M | 71.4% | -55.3% | -7.4% | -6.5% | — | — | $10M |
| Dec '21 | $15M | -$4M | 72.0% | -27.5% | -4.0% | -3.5% | — | — | $16M |
| Sep '21 | $16M | -$19M | 77.5% | -112.3% | -17.9% | -13.8% | — | — | $32M |
How the market has priced SMSI against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, SMITH MICRO SOFTWARE, INC.'s revenue has declined 19.5% per year. These are computed facts, not advice.
As of FY2025, SMITH MICRO SOFTWARE, INC. reported — of total debt against $1M of cash; operating income covered interest expense -71.3×.
In FY2025, gross margin was 74.1%, operating margin -167.1%, and net margin -0.2%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.