State Ledger
Company profile

SMITH MICRO SOFTWARE, INC. CIK 948708

Ticker
SMSI (Nasdaq)
Industry
Services-Prepackaged Software
Headquarters
Pittsburgh, PA 15237
Fiscal year end
2025 (FY)
Market Data
Close
$2.61
Change
+$0.07
Change %
2.76%
Volume
604

SMSI · trading date Oct 9, 2026 · previous close $2.54 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$17.36M
Net income
-$29.33M
Total assets
$24.97M
Total liabilities
—
Stockholders' equity
$18.39M
Cash & equivalents
$1.49M
Operating income
-$29.01M
Operating cash flow
-$7.19M
Capital expenditures
$88.0K

Fiscal year 2025, via 10-K filed 2026-03-05. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
-167.1%
Net margin
-168.9%
Free cash flow
-$7.28M
Free cash flow margin
-41.9%
Liabilities / assets
—
Equity / assets
73.6%
CapEx / revenue
0.5%
Operating cash flow / net income
0.25×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $17.36M -$29.33M $24.97M — $18.39M
2024 $20.56M -$48.70M $48.05M — $40.76M
2023 $40.86M -$24.40M $85.58M — $75.39M
2022 $48.51M -$29.28M $103.58M — $76.38M
2021 $58.42M -$31.04M $114.51M — $100.56M
Company Details
SIC code
7372
State of incorporation
DE
Active filer
Yes
Most recent SEC filing
Form 8-K
2026-09-18
Financials filed via
Form 10-K
filed 2026-03-05

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Pittsburgh, PA 15237
5800 CORPORATE DRIVE
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:51 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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