Smith Micro Software (SMSI) Asset Utilization Ratio (2011 - 2026)
Smith Micro Software's (SMSI) quarterly Asset Utilization Ratio came in at 0.65 in Q2 2026, up 27.7% on a YoY basis from 0.51 in Q2 2025, and down 2.24% quarter-over-quarter from 0.67 in Q1 2026.
Analysis
Smith Micro Software (SMSI) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Smith Micro Software (SMSI) has reported Asset Utilization Ratio for 16 consecutive years, with 0.65 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Asset Utilization Ratio rose 27.7% year-over-year to 0.65; the trailing twelve-month figure through Jun 2026 stood at 0.65 (up 27.7% YoY), and the FY2025 full-year result was 0.48, up 54.58% from the prior year.
- Asset Utilization Ratio eased to 0.65 in Q2 2026 per SMSI's latest filing, from 0.67 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.67 in Q1 2026 and bottomed at 0.42 in Q1 2025.
- Historically, Asset Utilization Ratio has averaged 0.53 across 5 years, with a median of 0.51 in 2024.
- The sharpest annual moves came in 2023 and 2026: Asset Utilization Ratio declined 21.77% in 2023, then soared 57.61% in 2026.
- Over 5 years, Asset Utilization Ratio stood at 0.46 in 2022, then climbed by 0.89% to 0.46 in 2023, then dropped by 5.03% to 0.44 in 2024, then soared by 52.75% to 0.67 in 2025, then slipped by 1.98% to 0.65 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.65, 0.67, and 0.67 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Twilio | 35.77 Bn | 33.11 Bn | 725.87 Mn | 0.13 |
| 2 | Zoom Communications | 29.62 Bn | 22.37 Bn | 985.50 Mn | 0.39 |
| 3 | Nice | 6.38 Bn | 6.02 Bn | 995.81 Mn | 1.17 |
| 4 | RingCentral | 6.14 Bn | 6.03 Bn | 472.31 Mn | 1.84 |
| 5 | Five9 | 2.49 Bn | 1.83 Bn | 166.74 Mn | 0.65 |
| 6 | Bandwidth | 1.35 Bn | 1.17 Bn | 78.54 Mn | 0.79 |
| 7 | Consensus Cloud Solutions | 648.68 Mn | 549.78 Mn | 73.07 Mn | 0.52 |
| 8 | Ooma | 640.32 Mn | 622.79 Mn | 50.99 Mn | 1.04 |
| 9 | Agora | 498.86 Mn | 423.01 Mn | 25.74 Mn | 0.21 |
| 10 | Smith Micro Software | 15.88 Mn | 13.08 Mn | 3.53 Mn | 0.65 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.65 |
| Mar 31, 2026 | 0.67 |
| Dec 31, 2025 | 0.67 |
| Sep 30, 2025 | 0.65 |
| Jun 30, 2025 | 0.51 |
| Mar 31, 2025 | 0.42 |
| Dec 31, 2024 | 0.44 |
| Sep 30, 2024 | 0.49 |
| Jun 30, 2024 | 0.56 |
| Mar 31, 2024 | 0.51 |
| Dec 31, 2023 | 0.46 |
| Sep 30, 2023 | 0.47 |
| Jun 30, 2023 | 0.46 |
| Mar 31, 2023 | 0.46 |
| Dec 31, 2022 | 0.46 |
| Sep 30, 2022 | 0.54 |
| Jun 30, 2022 | 0.59 |
| Mar 31, 2022 | 0.58 |
| Dec 31, 2021 | 0.51 |
| Sep 30, 2021 | 0.41 |