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
DateValue
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