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
DateValue
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%