Smith Micro Software (SMSI) Common Equity (2010 - 2026)
Smith Micro Software's Common Equity was $17.33 million in Q2 2026, down 22.7% from $22.41 million a year earlier and down 5.5% from the prior quarter.
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Analysis
Smith Micro Software (SMSI) Common Equity (2010 - 2026) Analysis & Trends
At the end of FY2025, Common Equity at Smith Micro Software came in at $18.39 million, down 54.9% from FY2024.
- Common Equity has now declined for four consecutive years, with a five-year compound annual growth rate of -20.7% (FY2020 to FY2025).
- In earlier years, Common Equity was $40.76 million in FY2024 (-45.9%), $75.39 million in FY2023 (-1.3%), $76.38 million in FY2022 (-24.0%) and $100.56 million in FY2021 (+71.3%).
- The Q2 2026 figure marks the lowest quarterly Common Equity since Q3 2018.
- Compared with a year earlier, Common Equity has declined for 18 straight quarters, with an average decline of 42.4% over the last eight quarters.
- The best year-over-year quarter for Common Equity over five years was Q3 2021 (growth of 80.1%); the worst was Q4 2025 (a decline of 54.9%).
- Per Business Quant data, SMSI's Common Equity in the three quarters before Q2 2026 was $18.34 million (Q1 2026), $18.39 million (Q4 2025) and $19.89 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 90.32 Bn | 65.57 Bn | 6.00 Bn | 11.76 Bn |
| 2 | Atlassian | 46.45 Bn | 39.73 Bn | 1.53 Bn | 1.06 Bn |
| 3 | Twilio | 44.08 Bn | 34.07 Bn | 725.87 Mn | 8.98 Bn |
| 4 | Autodesk | 43.30 Bn | 31.34 Bn | 1.87 Bn | 3.38 Bn |
| 5 | Zoom Communications | 25.52 Bn | -5.27 Bn | 985.50 Mn | 11.30 Bn |
| 6 | Figma | 10.74 Bn | 4.24 Bn | 309.61 Mn | 1.48 Bn |
| 7 | Dropbox | 7.01 Bn | 2.65 Bn | 506.50 Mn | -2.19 Bn |
| 8 | Nice | 6.59 Bn | 5.06 Bn | 995.81 Mn | - |
| 9 | RingCentral | 6.37 Bn | 5.87 Bn | 472.31 Mn | -610.36 Mn |
| 10 | Smith Micro Software | 14.81 Mn | 7.39 Mn | 3.53 Mn | 17.33 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.33 Mn |
| Mar 31, 2026 | 18.34 Mn |
| Dec 31, 2025 | 18.39 Mn |
| Sep 30, 2025 | 19.89 Mn |
| Jun 30, 2025 | 22.41 Mn |
| Mar 31, 2025 | 36.56 Mn |
| Dec 31, 2024 | 40.76 Mn |
| Sep 30, 2024 | 37.75 Mn |
| Jun 30, 2024 | 42.90 Mn |
| Mar 31, 2024 | 45.44 Mn |
| Dec 31, 2023 | 75.39 Mn |
| Sep 30, 2023 | 76.89 Mn |
| Jun 30, 2023 | 74.49 Mn |
| Mar 31, 2023 | 73.89 Mn |
| Dec 31, 2022 | 76.38 Mn |
| Sep 30, 2022 | 83.38 Mn |
| Jun 30, 2022 | 86.93 Mn |
| Mar 31, 2022 | 94.18 Mn |
| Dec 31, 2021 | 100.56 Mn |
| Sep 30, 2021 | 103.82 Mn |
API Access
Smith Micro Software Common Equity API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=common-equity&ticker=SMSI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "ticker": "SMSI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=common-equity&ticker=SMSI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();