SMITH MICRO SOFTWARE, INC. Financial Summary

Quick Answer

SMITH MICRO SOFTWARE, INC. reported Total Revenue of $20.55 million for fiscal year 2024.

SMITH MICRO SOFTWARE, INC. — Key Financials by Year

Metric 2025 2024 2023 2022 2021 2020
Total Revenue $20.55M
-49.7%
$40.86M
-15.8%
$48.51M
-17.0%
$58.42M
+13.9%
$51.30M
+18.4%
Revenue (ASC 606) $20.55M
-49.7%
$40.86M
-15.8%
$48.51M
-17.0%
$58.42M
+13.9%
$51.30M
+18.4%
Net Income -$29.33M
+39.8%
-$48.70M
-99.6%
-$24.40M
+16.7%
-$29.28M
+5.7%
-$31.04M
-845.3%
$4.17M
-61.2%
Diluted EPS -$3.94
-30.9%
-$3.01
-467.9%
-$0.53
+13.1%
-$0.61
-710.0%
$0.10
-65.5%
Total Assets $24.97M
-48.0%
$48.05M
-43.9%
$85.58M
-17.4%
$103.58M
-9.5%
$114.51M
+57.1%
$72.90M
+19.1%
Cash and Equivalents $1.49M
-46.8%
$2.81M
-60.6%
$7.12M
-49.2%
$14.03M
-12.8%
$16.08M
-37.6%
$25.75M
-8.9%
Stockholders Equity $18.39M
-54.9%
$40.76M
-45.9%
$75.39M
-1.3%
$76.38M
-24.0%
$100.56M
+71.3%
$58.72M
+20.6%
R&D Expense $10.72M
-23.9%
$14.09M
-17.8%
$17.14M
-41.7%
$29.39M
+12.2%
$26.20M
+47.4%
$17.77M
+52.1%
Operating Income -$29.01M
+41.3%
-$49.39M
-173.6%
-$18.05M
+41.6%
-$30.93M
+0.0%
-$30.94M
-978.7%
$3.52M
-65.2%
Gross Profit $12.86M
-10.9%
$14.43M
-52.4%
$30.30M
-11.7%
$34.30M
-25.0%
$45.72M
-0.8%
$46.11M
+17.0%
Shares Outstanding 25.80M
-66.4%
76.80M
+721.6%
9.35M
-83.4%
56.20M
+3.6%
54.26M
+31.6%
41.23M
+7.2%

Most Recent Quarter

Metric Quarter Ending Value YoY QoQ
Total Revenue March 31, 2025 $4.62M -20.3% -0.6%
Revenue (ASC 606) March 31, 2025 $4.62M -20.3% -0.6%
Net Income September 30, 2025 -$4.54M +28.8% +69.9%
Diluted EPS March 31, 2025 -$0.28 +91.5% +48.1%
Total Assets September 30, 2025 $27.13M -41.3% -8.3%
Cash and Equivalents September 30, 2025 $1.39M -7.6% -0.5%
Stockholders Equity September 30, 2025 $19.89M -47.3% -11.3%
R&D Expense September 30, 2025 $2.60M -28.4% -5.4%
Operating Income September 30, 2025 -$4.49M +31.1% +70.0%
Gross Profit September 30, 2025 $3.21M -3.5% -1.2%
Shares Outstanding September 30, 2025 21.48M +81.1% +10.8%
  • SMITH MICRO SOFTWARE, INC. reported Total Revenue of $20.55 million for fiscal year 2024.
  • SMITH MICRO SOFTWARE, INC. showed a decrease of -49.7% in Total Revenue compared to the prior fiscal year.
  • SMITH MICRO SOFTWARE, INC. reported Revenue (ASC 606) of $20.55 million for fiscal year 2024.
  • SMITH MICRO SOFTWARE, INC. showed a decrease of -49.7% in Revenue (ASC 606) compared to the prior fiscal year.
  • SMITH MICRO SOFTWARE, INC. reported Net Income of -$29.33 million for fiscal year 2025.
  • SMITH MICRO SOFTWARE, INC. showed an increase of +39.8% in Net Income compared to the prior fiscal year.
  • SMITH MICRO SOFTWARE, INC. reported Diluted EPS of $3.94 per share (loss) for fiscal year 2024.
  • SMITH MICRO SOFTWARE, INC. showed a decrease of -30.9% in Diluted EPS compared to the prior fiscal year.
  • SMITH MICRO SOFTWARE, INC. reported Total Assets of $24.97 million for fiscal year 2025.
  • SMITH MICRO SOFTWARE, INC. showed a decrease of -48.0% in Total Assets compared to the prior fiscal year.
  • SMITH MICRO SOFTWARE, INC. reported Cash and Equivalents of $1.49 million for fiscal year 2025.
  • SMITH MICRO SOFTWARE, INC. showed a decrease of -46.8% in Cash and Equivalents compared to the prior fiscal year.
  • SMITH MICRO SOFTWARE, INC. reported Stockholders Equity of $18.39 million for fiscal year 2025.
  • SMITH MICRO SOFTWARE, INC. showed a decrease of -54.9% in Stockholders Equity compared to the prior fiscal year.
  • SMITH MICRO SOFTWARE, INC. reported R&D Expense of $10.72 million for fiscal year 2025.
  • SMITH MICRO SOFTWARE, INC. showed a decrease of -23.9% in R&D Expense compared to the prior fiscal year.
  • SMITH MICRO SOFTWARE, INC. reported Operating Income of -$29.01 million for fiscal year 2025.
  • SMITH MICRO SOFTWARE, INC. showed an increase of +41.3% in Operating Income compared to the prior fiscal year.
  • SMITH MICRO SOFTWARE, INC. reported Gross Profit of $12.86 million for fiscal year 2025.
  • SMITH MICRO SOFTWARE, INC. showed a decrease of -10.9% in Gross Profit compared to the prior fiscal year.
  • SMITH MICRO SOFTWARE, INC. reported Shares Outstanding of 25.80 million shares for fiscal year 2025.
  • SMITH MICRO SOFTWARE, INC. showed an increase of +46.0% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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