SMITH MICRO SOFTWARE, INC.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $17.4M | $20.6M | $40.9M | $48.5M | $58.4M |
| Gross profit | $12.9M | $14.4M | $30.3M | $34.3M | $45.7M |
| Operating income | -$29.0M | -$49.4M | -$18.1M | -$30.9M | -$30.9M |
| Operating expenses | $41.9M | $63.8M | $48.4M | $65.2M | $76.7M |
| Cost of revenue | $4.5M | $6.1M | $10.6M | $14.2M | $12.7M |
| Cash from operations | -$7.2M | -$14.3M | -$7.0M | -$19.3M | -$12.9M |
| Capital expenditure | $88,000 | $20,000 | $4,000 | $49,000 | $830,000 |
| Free cash flow | -$7.3M | -$14.3M | -$7.0M | -$19.3M | -$13.7M |
| Impairments | $11.1M | $24.0M | $0 | $0 | $0 |
| Total assets | $25.0M | $48.0M | $85.6M | $103.6M | $114.5M |
Shares outstanding 25.6M · Free float 56.5%
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.