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
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