SequelSEC

SMITH MICRO SOFTWARE, INC. SMSI

Services-Prepackaged Software · CIK 0000948708 · Fiscal year ends 1231

AnnualQuarterlyTTM
Revenue
$16.88M
Fiscal year ended 2026-06-30
Operating income
-$14.59M
Fiscal year ended 2026-06-30
Free cash flow
-$9.09M
Fiscal year ended 2026-06-30

Valuation, from the filing

Public float$10.94MMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float per share$0.42Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / revenue0.6×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity0.6×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

How this compares in its industry

Percentile among the Services-Prepackaged Software filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
R&D / revenue61.7%89th
FCF margin-41.9%12th
Revenue YoY growth-15.5%13th
Operating margin-167.1%13th
Net margin-168.9%17th
SBC / revenue20.8%78th
Current ratio0.74x22th
CapEx / revenue0.5%31th
Gross margin74.1%57th

SMITH MICRO SOFTWARE, INC. (SMSI) reported revenue of $16.88M and net income of -$15.63M for the fiscal year ended 2026-06-30. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from SMITH MICRO SOFTWARE, INC.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Services-Prepackaged Software.

Income

SMITH MICRO SOFTWARE, INC. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Revenue$16.88M
Cost of revenue$3.80M
Gross profit$13.09M
Operating income-$14.59M
Net income-$15.63M
Research & development$8.33M
Weighted-average diluted sharesUnavailable
Pretax income-$15.71M
Income tax expense-$77.00K
Diluted EPSUnavailable
Selling, general & administrative$14.11M
General & administrative$8.73M
Selling & marketing$5.38M

Balance

SMITH MICRO SOFTWARE, INC. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Cash & equivalents$2.80M
Total assets$25.89M
Current assets$6.80M
Total liabilitiesUnavailable
Current liabilities$4.70M
Total equity incl. NCI$17.33M
Temporary (mezzanine) equityUnavailable
InventoryUnavailable
Accounts receivable$2.62M
GoodwillUnavailable
Long-term debtUnavailable
Accounts payable$1.83M

Cash flow

SMITH MICRO SOFTWARE, INC. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Operating cash flow-$8.96M
Capital expenditures$129.00K
Investing cash flow$220.00K
Financing cash flow$10.13M
Net change in cash$1.39M
Stock-based compensation$2.18M
Common dividends paidUnavailable
Common share repurchasesUnavailable
Depreciation & amortization$5.24M

Derived

SMITH MICRO SOFTWARE, INC. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Free cash flow-$9.09M
Gross margin77.5%
Operating margin-86.4%
FCF margin-53.8%
SBC / revenue12.9%
Current ratio1.45x
Revenue YoY growth-9.5%
Net margin-92.6%
R&D / revenue49.3%
CapEx / revenue0.8%
Long-term debt / equityUnavailable
Effective tax rateUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open SMSI in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-14View SEC filing
10-Q · Filed 2026-05-01View SEC filing
10-K · Filed 2026-03-05View SEC filing
10-Q · Filed 2025-11-05View SEC filing
10-Q · Filed 2025-08-07View SEC filing
10-Q · Filed 2025-05-08View SEC filing

Companies in the same industry

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Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.