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

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

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

Smith Micro Software has reported Current Leases for 8 years, with the latest figure at $722000.0 in Q1 2026.

  • For the quarter ending Q1 2026, Current Leases fell 49.01% year-over-year to $722000.0; the trailing twelve-month figure through Mar 2026 stood at $722000.0 (down 49.01% YoY), and the FY2025 full-year result was $914000.0, down 28.54% from the prior year.
  • Current Leases for Q1 2026 stood at $722000.0, down from $914000.0 in the prior quarter.
  • The five-year high for Current Leases was $1.5 million in Q4 2023, with the low at $722000.0 in Q1 2026.
  • Historically, Current Leases has averaged $1.3 million across 5 years, with a median of $1.4 million in 2022.
  • Annual changes were most pronounced in 2025 — Current Leases gained 15.66% — and 2026, when it tumbled 49.01%.
  • Smith Micro Software's Current Leases 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 238.14 Bn 220.17 Bn 8.16 Bn -
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 195.00 Mn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 16.00 Mn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 557.00 Mn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn -
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 118.00 Mn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn -
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 91.00 Mn
10 Smith Micro Software 77.98 Mn 76.24 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