Smith Micro Software (SMSI) Free Cash Flow (2010 - 2026)
Smith Micro Software (SMSI) posted Free Cash Flow of -$3.8 million for Q1 2026, down 69.35% on a QoQ basis from -$2.2 million in Q4 2025, and down 520.96% year-over-year from $893915.3 in Q1 2025.
Smith Micro Software (SMSI) Free Cash Flow (2010 - 2026) Analysis & Trends
Smith Micro Software's Free Cash Flow history runs 17 years deep, the most recent figure standing at -$3.8 million for Q1 2026.
- Quarterly Free Cash Flow fell 520.96% year-over-year to -$3.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$10.4 million (up 23.09% YoY) and the FY2025 annual result came in at -$7.3 million, up 49.14% from the prior year.
- Free Cash Flow was -$3.8 million for Q1 2026 at Smith Micro Software, down from -$2.2 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $1.5 million in Q3 2023 and bottomed at -$6.7 million in Q1 2022.
- A 5-year average of -$3.0 million and a median of -$2.8 million in 2022 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2022 — Free Cash Flow plunged 849.07% — and 2023, when it jumped 154.57%.
- Smith Micro Software's Free Cash Flow stood at -$4.7 million in 2022, then jumped by 78.47% to -$1.0 million in 2023, then plunged by 382.39% to -$4.9 million in 2024, then jumped by 54.93% to -$2.2 million in 2025, then slumped by 69.35% to -$3.8 million in 2026.
- Business Quant data shows SMSI's Free Cash Flow at -$3.8 million in Q1 2026, -$2.2 million in Q4 2025, and -$2.2 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 4.39 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | 235.34 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 476.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 2.29 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 6.56 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 473.00 Mn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 2.19 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 232.77 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 306.96 Mn |
| 10 | Smith Micro Software | 9.22 Mn | 7.48 Mn | 3.31 Mn | -3.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.76 Mn |
| Mar 31, 2026 | -3.76 Mn |
| Dec 31, 2025 | -2.22 Mn |
| Dec 31, 2025 | -2.22 Mn |
| Sep 30, 2025 | -2.16 Mn |
| Sep 30, 2025 | -2.16 Mn |
| Jun 30, 2025 | -2.30 Mn |
| Jun 30, 2025 | -2.30 Mn |
| Mar 31, 2025 | -606,000.00 |
| Mar 31, 2025 | -606,000.00 |
| Dec 31, 2024 | -4.93 Mn |
| Dec 31, 2024 | -4.93 Mn |
| Sep 30, 2024 | -3.82 Mn |
| Sep 30, 2024 | -3.82 Mn |
| Jun 30, 2024 | -4.22 Mn |
| Jun 30, 2024 | -4.22 Mn |
| Mar 31, 2024 | -1.35 Mn |
| Mar 31, 2024 | -1.35 Mn |
| Dec 31, 2023 | -1.02 Mn |
| Dec 31, 2023 | -1.02 Mn |