Smith Micro Software (SMSI) Cost of Revenue (2010 - 2026)
Smith Micro Software (SMSI) posted Cost of Revenue of $911000.0 for Q1 2026, down 2.98% on a QoQ basis from $939000.0 in Q4 2025, and down 27.58% year-over-year from $1.3 million in Q1 2025.
Smith Micro Software (SMSI) Cost of Revenue (2010 - 2026) Analysis & Trends
Smith Micro Software's Cost of Revenue history runs 17 years deep, the most recent figure standing at $911000.0 for Q1 2026.
- Quarterly Cost of Revenue fell 27.58% year-over-year to $911000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.2 million (down 22.98% YoY) and the FY2025 annual result came in at $4.5 million, down 26.46% from the prior year.
- Cost of Revenue was $911000.0 for Q1 2026 at Smith Micro Software, down from $939000.0 in the prior quarter.
- Across five years, Cost of Revenue topped out at $3.6 million in Q1 2022 and bottomed at $911000.0 in Q1 2026.
- A 5-year average of $2.1 million and a median of $2.0 million in 2024 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2022 — Cost of Revenue soared 135.4% — and 2024, when it slumped 47.75%.
- Smith Micro Software's Cost of Revenue stood at $3.3 million in 2022, then slumped by 35.13% to $2.2 million in 2023, then sank by 43.91% to $1.2 million in 2024, then declined by 22.46% to $939000.0 in 2025, then fell by 2.98% to $911000.0 in 2026.
- Business Quant data shows SMSI's Cost of Revenue at $911000.0 in Q1 2026, $939000.0 in Q4 2025, and $1.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 199.59 Bn | 179.36 Bn | 8.16 Bn | 3.02 Bn |
| 2 | Full Truck Alliance | 193.24 Bn | 190.53 Bn | - | - |
| 3 | Shopify | 164.78 Bn | 159.04 Bn | 1.55 Bn | 1.62 Bn |
| 4 | Salesforce | 150.52 Bn | 138.68 Bn | 8.56 Bn | 2.57 Bn |
| 5 | Uber Technologies | 139.79 Bn | 138.58 Bn | 5.95 Bn | 7.26 Bn |
| 6 | ServiceNow | 109.10 Bn | 104.44 Bn | 2.82 Bn | 1.17 Bn |
| 7 | Automatic Data Processing | 102.68 Bn | 99.45 Bn | 2.87 Bn | 3.07 Bn |
| 8 | Adobe | 95.80 Bn | 90.17 Bn | 5.90 Bn | 715.00 Mn |
| 9 | Snowflake | 93.75 Bn | 90.79 Bn | 926.45 Mn | 464.50 Mn |
| 10 | Smith Micro Software | 13.26 Mn | 11.52 Mn | 3.31 Mn | 911,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 911,000.00 |
| Mar 31, 2026 | 911,000.00 |
| Dec 31, 2025 | 939,000.00 |
| Dec 31, 2025 | 939,000.00 |
| Sep 30, 2025 | 1.14 Mn |
| Sep 30, 2025 | 1.14 Mn |
| Jun 30, 2025 | 1.17 Mn |
| Jun 30, 2025 | 1.17 Mn |
| Mar 31, 2025 | 1.26 Mn |
| Mar 31, 2025 | 1.26 Mn |
| Dec 31, 2024 | 1.21 Mn |
| Dec 31, 2024 | 1.21 Mn |
| Sep 30, 2024 | 1.32 Mn |
| Sep 30, 2024 | 1.32 Mn |
| Jun 30, 2024 | 1.61 Mn |
| Jun 30, 2024 | 1.61 Mn |
| Mar 31, 2024 | 1.99 Mn |
| Mar 31, 2024 | 1.99 Mn |
| Dec 31, 2023 | 2.16 Mn |
| Dec 31, 2023 | 2.16 Mn |