Smith Micro Software (SMSI) Equity Ratio (2010 - 2026)
Smith Micro Software posted quarterly Equity Ratio of 0.71 for Q1 2026, down 15.66% year-on-year from 0.84 in Q1 2025, and down 3.44% on a QoQ basis from 0.74 in Q4 2025.
Smith Micro Software (SMSI) has 17 years of Equity Ratio data on file, last reported at 0.71 in Q1 2026.
- For the quarter ending Q1 2026, Equity Ratio fell 15.66% year-over-year to 0.71; the trailing twelve-month figure through Mar 2026 stood at 0.71 (down 15.66% YoY), and the FY2025 full-year result was 0.74, down 13.18% from the prior year.
- Equity Ratio for Q1 2026 stood at 0.71, down from 0.74 in the prior quarter.
- Across five years, Equity Ratio topped out at 0.88 in Q4 2023 and bottomed at 0.71 in Q1 2026.
- The 5-year median for Equity Ratio is 0.81 (2024), against an average of 0.8.
- The widest annual swing landed in 2022, when Equity Ratio slipped 16.03%; it then increased 19.47% in 2023.
- A 5-year view of Equity Ratio shows it stood at 0.74 in 2022, then gained by 19.47% to 0.88 in 2023, then dropped by 3.71% to 0.85 in 2024, then slipped by 13.18% to 0.74 in 2025, then declined by 3.44% to 0.71 in 2026.
- The last three Equity Ratio figures came in at 0.71 (Q1 2026), 0.74 (Q4 2025), and 0.73 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 0.62 |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 0.53 |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 0.41 |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 0.89 |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 0.48 |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 0.54 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 0.38 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 0.10 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 0.52 |
| 10 | Smith Micro Software | 22.21 Mn | 20.47 Mn | 3.31 Mn | 0.71 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.71 |
| Dec 31, 2025 | 0.74 |
| Sep 30, 2025 | 0.73 |
| Jun 30, 2025 | 0.76 |
| Mar 31, 2025 | 0.84 |
| Dec 31, 2024 | 0.85 |
| Sep 30, 2024 | 0.82 |
| Jun 30, 2024 | 0.81 |
| Mar 31, 2024 | 0.82 |
| Dec 31, 2023 | 0.88 |
| Sep 30, 2023 | 0.83 |
| Jun 30, 2023 | 0.79 |
| Mar 31, 2023 | 0.75 |
| Dec 31, 2022 | 0.74 |
| Sep 30, 2022 | 0.76 |
| Jun 30, 2022 | 0.86 |
| Mar 31, 2022 | 0.87 |
| Dec 31, 2021 | 0.88 |
| Sep 30, 2021 | 0.77 |
| Jun 30, 2021 | 0.87 |
| Mar 31, 2021 | 0.89 |
| Dec 31, 2020 | 0.81 |
| Sep 30, 2020 | 0.81 |
| Jun 30, 2020 | 0.78 |
| Mar 31, 2020 | 0.77 |
| Dec 31, 2019 | 0.80 |
| Sep 30, 2019 | 0.79 |
| Jun 30, 2019 | 0.72 |
| Mar 31, 2019 | 0.77 |
| Dec 31, 2018 | 0.82 |
| Sep 30, 2018 | 0.15 |
| Jun 30, 2018 | 0.19 |
| Mar 31, 2018 | 0.24 |
| Dec 31, 2017 | 0.33 |
| Sep 30, 2017 | 0.29 |
| Jun 30, 2017 | 0.18 |
| Mar 31, 2017 | 0.18 |
| Dec 31, 2016 | 0.21 |
| Sep 30, 2016 | 0.28 |
| Jun 30, 2016 | 0.41 |
| Mar 31, 2016 | 0.49 |
| Dec 31, 2015 | 0.57 |
| Sep 30, 2015 | 0.57 |
| Jun 30, 2015 | 0.58 |
| Mar 31, 2015 | 0.58 |
| Dec 31, 2014 | 0.54 |
| Sep 30, 2014 | 0.53 |
| Jun 30, 2014 | 0.44 |
| Mar 31, 2014 | 0.52 |
| Dec 31, 2013 | 0.58 |
| Sep 30, 2013 | 0.54 |
| Jun 30, 2013 | 0.72 |
| Mar 31, 2013 | 0.75 |
| Dec 31, 2012 | 0.78 |
| Sep 30, 2012 | 0.79 |
| Jun 30, 2012 | 0.80 |
| Mar 31, 2012 | 0.80 |
| Dec 31, 2011 | 0.81 |
| Sep 30, 2011 | 0.82 |
| Jun 30, 2011 | 0.93 |
| Dec 31, 2010 | 0.93 |