Growth Metrics

Smith Micro Software (SMSI) Gross Margin (2016 - 2025)

Smith Micro Software's Gross Margin history spans 16 years, with the latest figure at 76.37% for Q4 2025.

  • For Q4 2025, Gross Margin rose 74.0% year-over-year to 76.37%; the TTM value through Dec 2025 reached 74.06%, up 386.0%, while the annual FY2025 figure was 74.05%, 386.0% up from the prior year.
  • Gross Margin reached 76.37% in Q4 2025 per SMSI's latest filing, up from 73.87% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 86.42% in Q1 2021 to a low of 53.69% in Q4 2021.
  • Average Gross Margin over 5 years is 72.71%, with a median of 73.14% recorded in 2025.
  • Peak YoY movement for Gross Margin: tumbled -3486bps in 2021, then skyrocketed 1713bps in 2022.
  • A 5-year view of Gross Margin shows it stood at 53.69% in 2021, then surged by 32bps to 70.82% in 2022, then rose by 6bps to 74.87% in 2023, then increased by 1bps to 75.63% in 2024, then grew by 1bps to 76.37% in 2025.
  • Per Business Quant, the three most recent readings for SMSI's Gross Margin are 76.37% (Q4 2025), 73.87% (Q3 2025), and 73.51% (Q2 2025).