Growth Metrics

Smith Micro Software (SMSI) Gross Margin (2016 - 2026)

Smith Micro Software (SMSI) has disclosed Gross Margin for 17 consecutive years, with 78.42% as the latest value for Q1 2026.

  • For Q1 2026, Gross Margin rose 564.0% year-over-year to 78.42%; the TTM value through Mar 2026 reached 75.49%, up 334.0%, while the annual FY2025 figure was 74.05%, 386.0% up from the prior year.
  • Gross Margin hit 78.42% in Q1 2026 for Smith Micro Software, up from 76.37% in the prior quarter.
  • Across five years, Gross Margin topped out at 78.42% in Q1 2026 and bottomed at 65.71% in Q1 2024.
  • Average Gross Margin over 5 years is 72.71%, with a median of 72.78% recorded in 2025.
  • On a YoY basis, Gross Margin climbed as much as 1713bps in 2022 and fell as far as -1498bps in 2022.
  • Smith Micro Software's Gross Margin stood at 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, then grew by 3bps to 78.42% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods came in at 78.42%, 76.37%, and 73.87% for Q1 2026, Q4 2025, and Q3 2025 respectively.