Smith Micro Software (SMSI) Equity Ratio (2010 - 2026)

Smith Micro Software (SMSI) reported Equity Ratio of 0.71 for Q1 2026, down 15.66% on a YoY basis from 0.84 in Q1 2025, and down 3.44% quarter-over-quarter from 0.74 in Q4 2025.

Smith Micro Software (SMSI) Equity Ratio (2010 - 2026) Analysis & Trends

Smith Micro Software has reported Equity Ratio for 17 years, with the latest figure 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.
  • The five-year high for Equity Ratio was 0.88 in Q4 2023, with the low at 0.71 in Q1 2026.
  • Historically, Equity Ratio has averaged 0.8 across 5 years, with a median of 0.81 in 2024.
  • Annual changes were most pronounced in 2022 — Equity Ratio slipped 16.03% — and 2023, when it increased 19.47%.
  • Smith Micro Software's Equity Ratio stood at 0.74 in 2022, then rose by 19.47% to 0.88 in 2023, then slipped by 3.71% to 0.85 in 2024, then decreased by 13.18% to 0.74 in 2025, then dropped 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 238.14 Bn 220.17 Bn 8.16 Bn 0.62
2 Full Truck Alliance 166.83 Bn 164.28 Bn - 0.90
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 0.41
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 0.89
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 0.32
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 0.54
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 0.48
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 0.10
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 0.38
10 Smith Micro Software 77.98 Mn 76.24 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