Smith Micro Software (SMSI) Current Leases (2019 - 2026)
Smith Micro Software's (SMSI) quarterly Current Leases came in at $722000.0 in Q1 2026, down 49.01% YoY from $1.4 million in Q1 2025, and down 21.01% on a QoQ basis from $914000.0 in Q4 2025.
Smith Micro Software (SMSI) Current Leases (2019 - 2026) Analysis & Trends
Smith Micro Software (SMSI) has 8 years of Current Leases data on file, last reported at $722000.0 in Q1 2026.
- Quarterly Current Leases fell 49.01% year-over-year to $722000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $722000.0 (down 49.01% YoY) and the FY2025 annual result came in at $914000.0, down 28.54% from the prior year.
- Current Leases eased to $722000.0 in Q1 2026, from $914000.0 in the prior quarter.
- In the past five years, Current Leases ranged from a high of $1.5 million in Q4 2023 to a low of $722000.0 in Q1 2026.
- A 5-year average of $1.3 million and a median of $1.4 million in 2022 frame the typical range for Current Leases.
- Annual changes were most pronounced in 2025 — Current Leases gained 15.66% — and 2026, when it tumbled 49.01%.
- Tracing SMSI's Current Leases over 5 years: stood at $1.4 million in 2022, then advanced by 2.91% to $1.5 million in 2023, then dropped by 13.76% to $1.3 million in 2024, then dropped by 28.54% to $914000.0 in 2025, then slipped by 21.01% to $722000.0 in 2026.
- The last three Current Leases figures came in at $722000.0 (Q1 2026), $914000.0 (Q4 2025), and $1.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | - |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 10.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 557.00 Mn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 178.00 Mn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 114.00 Mn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 55.78 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | - |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 91.00 Mn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | - |
| 10 | Smith Micro Software | 14.65 Mn | 12.91 Mn | 3.31 Mn | 722,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 1.40 Mn |