Smith Micro Software (SMSI) Current Leases (2019 - 2026)

Smith Micro Software (SMSI) posted Current Leases of $722000.0 for Q1 2026, down 21.01% on a QoQ basis from $914000.0 in Q4 2025, and down 49.01% year-over-year from $1.4 million in Q1 2025.

Smith Micro Software (SMSI) Current Leases (2019 - 2026) Analysis & Trends

Smith Micro Software's Current Leases history runs 8 years deep, the most recent figure standing at $722000.0 for 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 was $722000.0 for Q1 2026 at Smith Micro Software, down from $914000.0 in the prior quarter.
  • Across five years, Current Leases topped out at $1.5 million in Q4 2023 and bottomed at $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 grew 15.66% — and 2026, when it slumped 49.01%.
  • Smith Micro Software's 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 declined by 21.01% to $722000.0 in 2026.
  • Business Quant data shows SMSI's Current Leases at $722000.0 in Q1 2026, $914000.0 in Q4 2025, and $1.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Leases (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 16.00 Mn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 195.00 Mn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 557.00 Mn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 114.00 Mn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn -
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 55.78 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn -
10 Smith Micro Software 9.22 Mn 7.48 Mn 3.31 Mn 722,000.00

Historic Data

Download Data
DateValue
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