Smith Micro Software (SMSI) Equity Average (2011 - 2026)
Smith Micro Software (SMSI) reported Equity Average of $18.4 million for Q1 2026, down 52.49% on a YoY basis from $38.7 million in Q1 2025, and down 4.05% quarter-over-quarter from $19.1 million in Q4 2025.
Smith Micro Software (SMSI) Equity Average (2011 - 2026) Analysis & Trends
Smith Micro Software has reported Equity Average for 16 years, with the latest figure at $18.4 million in Q1 2026.
- For the quarter ending Q1 2026, Equity Average fell 52.49% year-over-year to $18.4 million; the trailing twelve-month figure through Mar 2026 stood at $18.4 million (down 52.49% YoY), and the FY2025 full-year result was $29.6 million, down 49.08% from the prior year.
- Equity Average for Q1 2026 stood at $18.4 million, down from $19.1 million in the prior quarter.
- The five-year high for Equity Average was $97.4 million in Q1 2022, with the low at $18.4 million in Q1 2026.
- Historically, Equity Average has averaged $56.8 million across 5 years, with a median of $60.4 million in 2024.
- Annual changes were most pronounced in 2022 — Equity Average increased 11.68% — and 2026, when it tumbled 52.49%.
- Smith Micro Software's Equity Average stood at $79.9 million in 2022, then declined by 4.68% to $76.1 million in 2023, then plunged by 48.45% to $39.3 million in 2024, then plunged by 51.24% to $19.1 million in 2025, then slipped by 4.05% to $18.4 million in 2026.
- The last three Equity Average figures came in at $18.4 million (Q1 2026), $19.1 million (Q4 2025), and $21.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 52.79 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | 5.78 Bn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 26.33 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 12.99 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 46.69 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 6.02 Bn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 12.35 Bn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 6.37 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 11.48 Bn |
| 10 | Smith Micro Software | 77.98 Mn | 76.24 Mn | 3.31 Mn | 18.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.37 Mn |
| Dec 31, 2025 | 19.14 Mn |
| Sep 30, 2025 | 21.15 Mn |
| Jun 30, 2025 | 29.49 Mn |
| Mar 31, 2025 | 38.66 Mn |
| Dec 31, 2024 | 39.25 Mn |
| Sep 30, 2024 | 40.32 Mn |
| Jun 30, 2024 | 44.17 Mn |
| Mar 31, 2024 | 60.42 Mn |
| Dec 31, 2023 | 76.14 Mn |
| Sep 30, 2023 | 75.69 Mn |
| Jun 30, 2023 | 74.19 Mn |
| Mar 31, 2023 | 75.13 Mn |
| Dec 31, 2022 | 79.88 Mn |
| Sep 30, 2022 | 85.16 Mn |
| Jun 30, 2022 | 90.56 Mn |
| Mar 31, 2022 | 97.37 Mn |
| Dec 31, 2021 | 102.19 Mn |
| Sep 30, 2021 | 111.65 Mn |
| Jun 30, 2021 | 117.56 Mn |