Smith Micro Software (SMSI) Common Equity (2010 - 2026)
Smith Micro Software (SMSI) posted Common Equity of $18.3 million for Q1 2026, little changed on a QoQ basis from $18.4 million in Q4 2025, and down 49.83% year-over-year from $36.6 million in Q1 2025.
Smith Micro Software (SMSI) Common Equity (2010 - 2026) Analysis & Trends
Smith Micro Software's Common Equity history runs 17 years deep, the most recent figure standing at $18.3 million for Q1 2026.
- Quarterly Common Equity fell 49.83% year-over-year to $18.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $18.3 million (down 49.83% YoY) and the FY2025 annual result came in at $18.4 million, down 54.88% from the prior year.
- Common Equity was $18.3 million for Q1 2026 at Smith Micro Software, roughly flat from $18.4 million in the prior quarter.
- Across five years, Common Equity topped out at $94.2 million in Q1 2022 and bottomed at $18.3 million in Q1 2026.
- A 5-year average of $54.4 million and a median of $45.4 million in 2024 frame the typical range for Common Equity.
- Annual changes were most pronounced in 2023 — Common Equity slipped 1.29% — and 2025, when it plunged 54.88%.
- Smith Micro Software's Common Equity stood at $76.4 million in 2022, then declined by 1.29% to $75.4 million in 2023, then slumped by 45.94% to $40.8 million in 2024, then plunged by 54.88% to $18.4 million in 2025, then retreated by 0.26% to $18.3 million in 2026.
- Business Quant data shows SMSI's Common Equity at $18.3 million in Q1 2026, $18.4 million in Q4 2025, and $19.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 53.11 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | 5.85 Bn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 12.50 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 24.75 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 34.24 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 12.52 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 6.35 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 1.94 Bn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 6.56 Bn |
| 10 | Smith Micro Software | 9.22 Mn | 7.48 Mn | 3.31 Mn | 18.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.34 Mn |
| Dec 31, 2025 | 18.39 Mn |
| Sep 30, 2025 | 19.89 Mn |
| Jun 30, 2025 | 22.42 Mn |
| Mar 31, 2025 | 36.56 Mn |
| Dec 31, 2024 | 40.76 Mn |
| Sep 30, 2024 | 37.75 Mn |
| Jun 30, 2024 | 42.90 Mn |
| Mar 31, 2024 | 45.44 Mn |
| Dec 31, 2023 | 75.39 Mn |
| Sep 30, 2023 | 76.89 Mn |
| Jun 30, 2023 | 74.49 Mn |
| Mar 31, 2023 | 73.89 Mn |
| Dec 31, 2022 | 76.38 Mn |
| Sep 30, 2022 | 83.38 Mn |
| Jun 30, 2022 | 86.93 Mn |
| Mar 31, 2022 | 94.18 Mn |
| Dec 31, 2021 | 100.56 Mn |
| Sep 30, 2021 | 103.82 Mn |
| Jun 30, 2021 | 119.47 Mn |