Smith Micro Software SMSI
NASDAQ SMSI
$2.84 -0.03 (-1.05%)
At close: Sep 4, 2026 · 4:00 PM EDT

Smith Micro Software (SMSI) Gross Margin (2010 - 2026)

Smith Micro Software's (SMSI) quarterly Gross Margin came in at 81.32% in Q2 2026, up 781.0% on a YoY basis from 9.23% in Q2 2025, and up 3.7% quarter-over-quarter from 78.42% in Q1 2026.

Analysis

Smith Micro Software (SMSI) Gross Margin (2010 - 2026) Analysis & Trends

Smith Micro Software (SMSI) has reported Gross Margin for 17 consecutive years, with 81.32% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Gross Margin rose 781.0% year-over-year to 81.32%; the trailing twelve-month figure through Jun 2026 stood at 77.51% (up 410.0% YoY), and the FY2025 full-year result was 74.05%, up 386.0% from the prior year.
  • Gross Margin advanced to 81.32% in Q2 2026 per SMSI's latest filing, from 78.42% in the prior quarter.
  • Across five years, Gross Margin topped out at 81.32% in Q2 2026 and bottomed at 65.71% in Q1 2024.
  • Historically, Gross Margin has averaged 73.19% across 5 years, with a median of 73.14% in 2025.
  • The widest YoY moves for Gross Margin: up 1713 bps in 2022, down 1498 bps in 2022.
  • Over 5 years, Gross Margin stood at 70.82% in 2022, then rose by 6 bps to 74.87% in 2023, then advanced by 1 bps to 75.63% in 2024, then grew by 1 bps to 76.37% in 2025, then rose by 6 bps to 81.32% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 81.32%, 78.42%, and 76.37% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Twilio 35.77 Bn 33.11 Bn 725.87 Mn 48.42%
2 Zoom Communications 29.62 Bn 22.37 Bn 985.50 Mn 77.16%
3 Nice 6.38 Bn 6.02 Bn 995.81 Mn 64.21%
4 RingCentral 6.14 Bn 6.03 Bn 472.31 Mn 71.89%
5 Five9 2.49 Bn 1.83 Bn 166.74 Mn 53.37%
6 Bandwidth 1.35 Bn 1.17 Bn 78.54 Mn 35.72%
7 Consensus Cloud Solutions 648.68 Mn 549.78 Mn 73.07 Mn 79.98%
8 Ooma 640.32 Mn 622.79 Mn 50.99 Mn 61.26%
9 Agora 498.86 Mn 423.01 Mn 25.74 Mn 63.67%
10 Smith Micro Software 15.88 Mn 13.08 Mn 3.53 Mn 81.32%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 81.32%
Mar 31, 2026 78.42%
Dec 31, 2025 76.37%
Sep 30, 2025 73.87%
Jun 30, 2025 73.51%
Mar 31, 2025 72.78%
Dec 31, 2024 75.63%
Sep 30, 2024 71.58%
Jun 30, 2024 68.74%
Mar 31, 2024 65.71%
Dec 31, 2023 74.87%
Sep 30, 2023 77.02%
Jun 30, 2023 74.96%
Mar 31, 2023 69.97%
Dec 31, 2022 70.82%
Sep 30, 2022 68.98%
Jun 30, 2022 71.46%
Mar 31, 2022 71.44%
Dec 31, 2021 53.69%
Sep 30, 2021 77.55%