Smith Micro Software (SMSI) Current Leases (2019 - 2026)
Smith Micro Software's (SMSI) quarterly Current Leases came in at $663000.0 in Q2 2026, down 53.24% on a YoY basis from $1.4 million in Q2 2025, and down 8.17% quarter-over-quarter from $722000.0 in Q1 2026.
Analysis
Smith Micro Software (SMSI) Current Leases (2019 - 2026) Analysis & Trends
Smith Micro Software (SMSI) has reported Current Leases for 8 consecutive years, with $663000.0 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Current Leases fell 53.24% year-over-year to $663000.0; the trailing twelve-month figure through Jun 2026 stood at $663000.0 (down 53.24% YoY), and the FY2025 full-year result was $914000.0, down 28.54% from the prior year.
- Current Leases slipped to $663000.0 in Q2 2026 per SMSI's latest filing, from $722000.0 in the prior quarter.
- Across five years, Current Leases topped out at $1.5 million in Q4 2023 and bottomed at $663000.0 in Q2 2026.
- Historically, Current Leases has averaged $1.3 million across 5 years, with a median of $1.4 million in 2022.
- The sharpest annual moves came in 2025 and 2026: Current Leases advanced 15.66% in 2025, then slumped 53.24% in 2026.
- Over 5 years, Current Leases stood at $1.4 million in 2022, then grew by 2.91% to $1.5 million in 2023, then fell by 13.76% to $1.3 million in 2024, then fell by 28.54% to $914000.0 in 2025, then fell by 27.46% to $663000.0 in 2026.
- According to Business Quant data, Current Leases over the past three periods registered $663000.0, $722000.0, and $914000.0 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Twilio | 35.77 Bn | 33.11 Bn | 725.87 Mn | 29.43 Mn |
| 2 | Zoom Communications | 29.62 Bn | 22.37 Bn | 985.50 Mn | - |
| 3 | Nice | 6.38 Bn | 6.02 Bn | 995.81 Mn | 14.03 Mn |
| 4 | RingCentral | 6.14 Bn | 6.03 Bn | 472.31 Mn | - |
| 5 | Five9 | 2.49 Bn | 1.83 Bn | 166.74 Mn | 14.52 Mn |
| 6 | Bandwidth | 1.35 Bn | 1.17 Bn | 78.54 Mn | 4.54 Mn |
| 7 | Consensus Cloud Solutions | 648.68 Mn | 549.78 Mn | 73.07 Mn | 2.44 Mn |
| 8 | Ooma | 640.32 Mn | 622.79 Mn | 50.99 Mn | - |
| 9 | Agora | 498.86 Mn | 423.01 Mn | 25.74 Mn | 947,000.00 |
| 10 | Smith Micro Software | 15.88 Mn | 13.08 Mn | 3.53 Mn | 663,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 663,000.00 |
| Mar 31, 2026 | 722,000.00 |
| Dec 31, 2025 | 914,000.00 |
| Sep 30, 2025 | 1.14 Mn |
| Jun 30, 2025 | 1.42 Mn |
| Mar 31, 2025 | 1.42 Mn |
| Dec 31, 2024 | 1.28 Mn |
| Sep 30, 2024 | 1.23 Mn |
| Jun 30, 2024 | 1.23 Mn |
| Mar 31, 2024 | 1.27 Mn |
| Dec 31, 2023 | 1.48 Mn |
| Sep 30, 2023 | 1.43 Mn |
| Jun 30, 2023 | 1.45 Mn |
| Mar 31, 2023 | 1.45 Mn |
| Dec 31, 2022 | 1.44 Mn |
| Sep 30, 2022 | 1.40 Mn |
| Jun 30, 2022 | 1.40 Mn |
| Mar 31, 2022 | 1.40 Mn |
| Dec 31, 2021 | 1.40 Mn |
| Sep 30, 2021 | 1.44 Mn |