Smith Micro Software (SMSI) Cost of Revenue (2010 - 2026)
Smith Micro Software's (SMSI) quarterly Cost of Revenue came in at $811000.0 in Q2 2026, down 30.74% on a YoY basis from $1.2 million in Q2 2025, and down 10.98% quarter-over-quarter from $911000.0 in Q1 2026.
Analysis
Smith Micro Software (SMSI) Cost of Revenue (2010 - 2026) Analysis & Trends
Smith Micro Software (SMSI) has reported Cost of Revenue for 17 consecutive years, with $811000.0 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cost of Revenue fell 30.74% year-over-year to $811000.0; the trailing twelve-month figure through Jun 2026 stood at $3.8 million (down 23.46% YoY), and the FY2025 full-year result was $4.5 million, down 26.46% from the prior year.
- Cost of Revenue eased to $811000.0 in Q2 2026 per SMSI's latest filing, from $911000.0 in the prior quarter.
- Across five years, Cost of Revenue topped out at $3.6 million in Q1 2022 and bottomed at $811000.0 in Q2 2026.
- Historically, Cost of Revenue has averaged $2.1 million across 5 years, with a median of $1.8 million in 2024.
- The sharpest annual moves came in 2022 and 2024: Cost of Revenue jumped 135.4% in 2022, then plunged 47.75% in 2024.
- Over 5 years, 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 slipped by 13.63% to $811000.0 in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $811000.0, $911000.0, and $939000.0 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Twilio | 35.77 Bn | 33.11 Bn | 725.87 Mn | 773.22 Mn |
| 2 | Zoom Communications | 29.62 Bn | 22.37 Bn | 985.50 Mn | 291.72 Mn |
| 3 | Nice | 6.38 Bn | 6.02 Bn | 995.81 Mn | 555.10 Mn |
| 4 | RingCentral | 6.14 Bn | 6.03 Bn | 472.31 Mn | 184.70 Mn |
| 5 | Five9 | 2.49 Bn | 1.83 Bn | 166.74 Mn | 145.70 Mn |
| 6 | Bandwidth | 1.35 Bn | 1.17 Bn | 78.54 Mn | 141.35 Mn |
| 7 | Consensus Cloud Solutions | 648.68 Mn | 549.78 Mn | 73.07 Mn | 18.29 Mn |
| 8 | Ooma | 640.32 Mn | 622.79 Mn | 50.99 Mn | 32.24 Mn |
| 9 | Agora | 498.86 Mn | 423.01 Mn | 25.74 Mn | 14.68 Mn |
| 10 | Smith Micro Software | 15.88 Mn | 13.08 Mn | 3.53 Mn | 811,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 811,000.00 |
| Mar 31, 2026 | 911,000.00 |
| Dec 31, 2025 | 939,000.00 |
| Sep 30, 2025 | 1.14 Mn |
| Jun 30, 2025 | 1.17 Mn |
| Mar 31, 2025 | 1.26 Mn |
| Dec 31, 2024 | 1.21 Mn |
| Sep 30, 2024 | 1.32 Mn |
| Jun 30, 2024 | 1.61 Mn |
| Mar 31, 2024 | 1.99 Mn |
| Dec 31, 2023 | 2.16 Mn |
| Sep 30, 2023 | 2.53 Mn |
| Jun 30, 2023 | 2.59 Mn |
| Mar 31, 2023 | 3.28 Mn |
| Dec 31, 2022 | 3.33 Mn |
| Sep 30, 2022 | 3.63 Mn |
| Jun 30, 2022 | 3.62 Mn |
| Mar 31, 2022 | 3.64 Mn |
| Dec 31, 2021 | 6.20 Mn |
| Sep 30, 2021 | 3.69 Mn |