Smith Micro Software (SMSI) FCF Margin (2010 - 2026)
Smith Micro Software (SMSI) reported FCF Margin of 89.15% for Q1 2026, down 7604.0% on a YoY basis from 1.19% in Q1 2025, and down 59.44% quarter-over-quarter from 55.91% in Q4 2025.
Smith Micro Software (SMSI) FCF Margin (2010 - 2026) Analysis & Trends
Smith Micro Software has reported FCF Margin for 17 years, with the latest figure at 89.15% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin fell 7604.0% year-over-year to 89.15%; the trailing twelve-month figure through Mar 2026 stood at 61.54% (up 850.0% YoY), and the FY2025 full-year result was 41.93%, up 2771.0% from the prior year.
- FCF Margin for Q1 2026 stood at 89.15%, down from 55.91% in the prior quarter.
- The five-year high for FCF Margin was 14.01% in Q3 2023, with the low at 99.2% in Q4 2024.
- Historically, FCF Margin has averaged 45.42% across 5 years, with a median of 48.81% in 2023.
- Annual changes were most pronounced in 2024 — FCF Margin tumbled 9622 bps — and 2025, when it surged 4328 bps.
- Smith Micro Software's FCF Margin stood at 41.62% in 2022, then jumped by 71 bps to 11.89% in 2023, then slumped by 734 bps to 99.2% in 2024, then jumped by 44 bps to 55.91% in 2025, then tumbled by 59 bps to 89.15% in 2026.
- The last three FCF Margin figures came in at 89.15% (Q1 2026), 55.91% (Q4 2025), and 49.64% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 36.77% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 17.31% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 15.02% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 58.89% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 20.82% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 41.64% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 36.83% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 31.84% |
| 10 | Smith Micro Software | 77.98 Mn | 76.24 Mn | 3.31 Mn | -89.15% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -89.15% |
| Dec 31, 2025 | -55.91% |
| Sep 30, 2025 | -49.64% |
| Jun 30, 2025 | -51.92% |
| Mar 31, 2025 | -13.11% |
| Dec 31, 2024 | -99.20% |
| Sep 30, 2024 | -82.21% |
| Jun 30, 2024 | -82.00% |
| Mar 31, 2024 | -23.27% |
| Dec 31, 2023 | -11.89% |
| Sep 30, 2023 | 14.01% |
| Jun 30, 2023 | -20.86% |
| Mar 31, 2023 | -48.81% |
| Dec 31, 2022 | -41.62% |
| Sep 30, 2022 | -24.14% |
| Jun 30, 2022 | -40.14% |
| Mar 31, 2022 | -52.23% |
| Dec 31, 2021 | -77.58% |
| Sep 30, 2021 | 2.29% |
| Jun 30, 2021 | -14.76% |