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SMITH MICRO SOFTWARE, INC. SMSI

Nasdaq · stock · Services-Prepackaged Software · website · IPO 1995-09-19 · LEI

SMITH MICRO SOFTWARE, INC. statistics & valuation

Market cap$14.4M
P / S0.8×
P / B0.8×
Net margin-168.9%
Return on equity-159.5%
FCF margin-41.9%
Return on capital-153.9%

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
-54.30% -29.00% -10.40% 24.70% 8.10% -53.10% -60.40% -59.70% -236.90% -168.90% 2016201720182019202020212022202320242025
Gross margin (%)
73.20% 77.90% 83.50% 90.90% 89.90% 78.30% 70.70% 74.20% 70.20% 74.10% 2016201720182019202020212022202320242025
Operating margin (%)
-56.30% -24.70% -4.60% 23.30% 6.90% -53.00% -63.70% -44.20% -240.30% -167.10% 2016201720182019202020212022202320242025
Return on equity (%)
-501.60% -145.90% -13.30% 22.00% 7.10% -30.90% -38.30% -32.40% -119.50% -159.50% 2016201720182019202020212022202320242025
Shares outstanding
12.3M 14.3M 28.2M 38.5M 42.8M 54.3M 56.2M 9.3M 17.7M 25.8M 2016201720182019202020212022202320242025
Net debt ($)
$371000 $1.6M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
-107.20% -48.00% -10.90% 17.50% 5.70% -27.10% -28.30% -28.50% -101.40% -117.40% 2016201720182019202020212022202320242025
Free cash flow margin (%)
-69.60% -41.90% 2016201720182019202020212022202320242025
Debt / equity (×)
0.85× 0.83× 2016201720182019202020212022202320242025
EPS ($)
-$1.28 -$0.49 -$0.14 $0.29 $0.10 -$0.61 -$0.53 -$3.01 -$3.94 -$1.46 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin74.1%70.2%74.2%70.7%78.3%89.9%90.9%83.5%77.9%73.2%
Operating margin-167.1%-240.3%-44.2%-63.7%-53.0%6.9%23.3%-4.6%-24.7%-56.3%
Net margin-168.9%-236.9%-59.7%-60.4%-53.1%8.1%24.7%-10.4%-29.0%-54.3%
FCF margin-41.9%-69.6%————————
Return on assets-117.4%-101.4%-28.5%-28.3%-27.1%5.7%17.5%-10.9%-48.0%-107.2%
Return on equity-159.5%-119.5%-32.4%-38.3%-30.9%7.1%22.0%-13.3%-145.9%-501.6%
Debt / equity————————0.83×0.85×
Current ratio0.741.772.211.283.064.696.995.941.651.44

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.