Smith Micro Software (SMSI) FCF Margin (2010 - 2026)
Smith Micro Software (SMSI) posted FCF Margin of 89.15% for Q1 2026, down 59.44% on a QoQ basis from 55.91% in Q4 2025, and down 7604.0% year-over-year from 1.19% in Q1 2025.
Smith Micro Software (SMSI) FCF Margin (2010 - 2026) Analysis & Trends
Smith Micro Software's FCF Margin history runs 17 years deep, the most recent figure standing at 89.15% for Q1 2026.
- Quarterly FCF Margin fell 7604.0% year-over-year to 89.15% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 61.54% (up 850.0% YoY) and the FY2025 annual result came in at 41.93%, up 2771.0% from the prior year.
- FCF Margin was 89.15% for Q1 2026 at Smith Micro Software, down from 55.91% in the prior quarter.
- Across five years, FCF Margin topped out at 14.01% in Q3 2023 and bottomed at 99.2% in Q4 2024.
- A 5-year average of 45.42% and a median of 48.81% in 2023 frame the typical range for FCF Margin.
- Annual changes were most pronounced in 2024 — FCF Margin slumped 9622 bps — and 2025, when it surged 4328 bps.
- Smith Micro Software's FCF Margin stood at 41.62% in 2022, then soared by 71 bps to 11.89% in 2023, then plunged by 734 bps to 99.2% in 2024, then soared by 44 bps to 55.91% in 2025, then sank by 59 bps to 89.15% in 2026.
- Business Quant data shows SMSI's FCF Margin at 89.15% in Q1 2026, 55.91% in Q4 2025, and 49.64% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 39.26% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 15.02% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 17.31% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 58.89% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 11.86% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 36.83% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 16.73% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 20.82% |
| 10 | Smith Micro Software | 9.22 Mn | 7.48 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% |