Smith Micro Software (SMSI) Invested Capital (2010 - 2026)
Smith Micro Software's (SMSI) quarterly Invested Capital came in at $17.3 million in Q2 2026, down 5.5% quarter-over-quarter from $18.3 million in Q1 2026.
Analysis
Smith Micro Software (SMSI) Invested Capital (2010 - 2026) Analysis & Trends
Smith Micro Software (SMSI) has reported Invested Capital for 12 consecutive years, with $17.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Invested Capital changed N/A year-over-year to $17.3 million; the trailing twelve-month figure through Jun 2026 stood at $17.3 million (changed N/A YoY), and the FY2025 full-year result was $19.4 million, down 52.41% from the prior year.
- Invested Capital fell to $17.3 million in Q2 2026 per SMSI's latest filing, from $18.3 million in the prior quarter.
- Across five years, Invested Capital topped out at $86.8 million in Q3 2022 and bottomed at $17.3 million in Q2 2026.
- Historically, Invested Capital has averaged $55.4 million across 5 years, with a median of $75.4 million in 2023.
- The sharpest annual moves came in 2023 and 2025: Invested Capital retreated 7.45% in 2023, then slumped 52.41% in 2025.
- Over 5 years, Invested Capital stood at $85.4 million in 2022, then decreased by 11.71% to $75.4 million in 2023, then slumped by 45.94% to $40.8 million in 2024, then plunged by 52.41% to $19.4 million in 2025, then decreased by 10.64% to $17.3 million in 2026.
- According to Business Quant data, Invested Capital over the past three periods registered $17.3 million, $18.3 million, and $19.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Twilio | 35.77 Bn | 33.11 Bn | 725.87 Mn | 9.97 Bn |
| 2 | Zoom Communications | 29.62 Bn | 22.37 Bn | 985.50 Mn | - |
| 3 | Nice | 6.38 Bn | 6.02 Bn | 995.81 Mn | - |
| 4 | RingCentral | 6.14 Bn | 6.03 Bn | 472.31 Mn | 510.29 Mn |
| 5 | Five9 | 2.49 Bn | 1.83 Bn | 166.74 Mn | - |
| 6 | Bandwidth | 1.35 Bn | 1.17 Bn | 78.54 Mn | 708.94 Mn |
| 7 | Consensus Cloud Solutions | 648.68 Mn | 549.78 Mn | 73.07 Mn | 603.91 Mn |
| 8 | Ooma | 640.32 Mn | 622.79 Mn | 50.99 Mn | 146.21 Mn |
| 9 | Agora | 498.86 Mn | 423.01 Mn | 25.74 Mn | - |
| 10 | Smith Micro Software | 15.88 Mn | 13.08 Mn | 3.53 Mn | 17.33 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.33 Mn |
| Mar 31, 2026 | 18.34 Mn |
| Dec 31, 2025 | 19.40 Mn |
| Sep 30, 2025 | 20.62 Mn |
| Dec 31, 2024 | 40.76 Mn |
| Dec 31, 2023 | 75.39 Mn |
| Sep 30, 2023 | 80.35 Mn |
| Jun 30, 2023 | 81.55 Mn |
| Mar 31, 2023 | 83.51 Mn |
| Dec 31, 2022 | 85.39 Mn |
| Sep 30, 2022 | 86.82 Mn |
| Dec 31, 2021 | 100.56 Mn |
| Sep 30, 2018 | 4.89 Mn |
| Jun 30, 2018 | 5.67 Mn |
| Mar 31, 2018 | 5.35 Mn |
| Dec 31, 2017 | 7.13 Mn |
| Sep 30, 2017 | 8.25 Mn |
| Jun 30, 2017 | 3.63 Mn |
| Mar 31, 2017 | 3.71 Mn |
| Dec 31, 2016 | 4.35 Mn |