Growth Metrics

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 🔒
DateValue
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