Company profile · Software
Smith Micro Software (SMSI)
Nasdaq: SMSI · Pittsburgh, PA · Data from SEC filings, updated Oct 6, 2026
Overview
Smith Micro Software trades on Nasdaq under the ticker SMSI and is classified by RoxMag in the Software segment (SEC industry code 7372, Services-Prepackaged Software). Its principal executive offices are in Pittsburgh, PA. The company was founded in 1982. In its annual report for the fiscal year ended December 31, 2025, it reported revenue of $17.4 million and a net loss of $29.3 million. By public float it ranks #141 of the 153 software companies profiled on RoxMag.
Smith Micro Software, Inc., founded in 1982 by William W. Smith, Jr., is a developer and marketer of both enterprise and consumer-level software and services. Headquartered in Pittsburgh, Pennsylvania, Smith Micro maintains multiple domestic and international offices. United States locations include Aliso Viejo, California, and Pittsburgh, Pennsylvania. International offices are located throughout Europe and Asia. Currently, the company focuses on digital lifestyle solutions and security technologies, and is integrated into the evolving wireless media industry, as indicated by partnerships with cellular service providers such as Verizon Wireless, AT&T, and Sprint Corporation, now owned by T-Mobile US after the Sprint & T-Mobile merger in April 2020.
Financial history
Annual figures as reported in Smith Micro Software's 10-K filings (US dollars).
- Revenue growth
- -15.5%
- vs prior year, FY2025
- Net margin
- -168.9%
- net income ÷ revenue, FY2025
- Operating margin
- -167.1%
- operating income ÷ revenue, FY2025
- R&D share of revenue
- 61.7%
- R&D ÷ revenue, FY2025
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| 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 |
| Net income | -$29.3M | -$48.7M | -$24.4M | -$29.3M | -$31.0M |
| Research & development | $10.7M | $14.1M | $17.1M | $29.4M | $26.2M |
| Total assets | $25.0M | $48.0M | $85.6M | $103.6M | $114.5M |
| Stockholders' equity | $18.4M | $40.8M | $75.4M | $76.4M | $100.6M |
| Cash & equivalents | $1.5M | $2.8M | $7.1M | $14.0M | $16.1M |
Fiscal-year labels follow the calendar year in which each fiscal year ends. Margins and growth are calculated by RoxMag from the reported figures.
Recent SEC filings
Sources & method
Company identity, address, filings, financial figures, share counts and public float come from the company's own filings with the U.S. Securities and Exchange Commission (EDGAR). Website, founding year, chief executive and employee count come from Wikidata where available; the overview excerpt is from Wikipedia. Fields without a public source are left blank. RoxMag does not estimate figures. This page is general information, not investment advice — see our disclaimer and editorial policy.