Smith Micro Software (SMSI) Invested Capital (2010 - 2026)
Smith Micro Software posted quarterly Invested Capital of $18.3 million for Q1 2026, down 49.83% year-on-year from $36.6 million in Q1 2025, and little changed on a QoQ basis from $18.4 million in Q4 2025.
Smith Micro Software (SMSI) has 17 years of Invested Capital data on file, last reported at $18.3 million in Q1 2026.
- For the quarter ending Q1 2026, Invested Capital fell 49.83% year-over-year to $18.3 million; the trailing twelve-month figure through Mar 2026 stood at $18.3 million (down 49.83% YoY), and the FY2025 full-year result was $18.4 million, down 54.88% from the prior year.
- Invested Capital for Q1 2026 stood at $18.3 million, roughly flat from $18.4 million in the prior quarter.
- Across five years, Invested Capital topped out at $94.2 million in Q1 2022 and bottomed at $18.3 million in Q1 2026.
- The 5-year median for Invested Capital is $45.4 million (2024), against an average of $54.5 million.
- The widest annual swing landed in 2023, when Invested Capital retreated 3.29%; it then tumbled 54.88% in 2025.
- A 5-year view of Invested Capital shows it stood at $78.0 million in 2022, then decreased by 3.29% to $75.4 million in 2023, then tumbled by 45.94% to $40.8 million in 2024, then sank by 54.88% to $18.4 million in 2025, then fell by 0.26% to $18.3 million in 2026.
- The last three Invested Capital figures came in at $18.3 million (Q1 2026), $18.4 million (Q4 2025), and $19.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 53.11 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 73.58 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 24.75 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 12.50 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 11.73 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 6.99 Bn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 16.81 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 6.35 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 26.79 Bn |
| 10 | Smith Micro Software | 22.21 Mn | 20.47 Mn | 3.31 Mn | 18.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.34 Mn |
| Dec 31, 2025 | 18.39 Mn |
| Sep 30, 2025 | 19.89 Mn |
| Jun 30, 2025 | 22.42 Mn |
| Mar 31, 2025 | 36.56 Mn |
| Dec 31, 2024 | 40.76 Mn |
| Sep 30, 2024 | 37.75 Mn |
| Jun 30, 2024 | 42.90 Mn |
| Mar 31, 2024 | 45.44 Mn |
| Dec 31, 2023 | 75.39 Mn |
| Sep 30, 2023 | 76.94 Mn |
| Jun 30, 2023 | 74.71 Mn |
| Mar 31, 2023 | 74.42 Mn |
| Dec 31, 2022 | 77.95 Mn |
| Sep 30, 2022 | 83.38 Mn |
| Jun 30, 2022 | 86.93 Mn |
| Mar 31, 2022 | 94.18 Mn |
| Dec 31, 2021 | 100.56 Mn |
| Sep 30, 2021 | 103.82 Mn |
| Jun 30, 2021 | 119.47 Mn |
| Mar 31, 2021 | 115.66 Mn |
| Dec 31, 2020 | 58.72 Mn |
| Sep 30, 2020 | 57.63 Mn |
| Jun 30, 2020 | 56.90 Mn |
| Mar 31, 2020 | 52.85 Mn |
| Dec 31, 2019 | 48.68 Mn |
| Sep 30, 2019 | 44.79 Mn |
| Jun 30, 2019 | 29.67 Mn |
| Mar 31, 2019 | 26.04 Mn |
| Dec 31, 2018 | 20.56 Mn |
| Sep 30, 2018 | 3.14 Mn |
| Jun 30, 2018 | 3.98 Mn |
| Mar 31, 2018 | 3.73 Mn |
| Dec 31, 2017 | 5.57 Mn |
| Sep 30, 2017 | 6.76 Mn |
| Jun 30, 2017 | 4.50 Mn |
| Mar 31, 2017 | 4.50 Mn |
| Dec 31, 2016 | 3.06 Mn |
| Sep 30, 2016 | 5.39 Mn |
| Jun 30, 2016 | 7.63 Mn |
| Mar 31, 2016 | 10.59 Mn |
| Dec 31, 2015 | 14.03 Mn |
| Sep 30, 2015 | 14.15 Mn |
| Jun 30, 2015 | 14.50 Mn |
| Mar 31, 2015 | 15.33 Mn |
| Dec 31, 2014 | 14.90 Mn |
| Sep 30, 2014 | 14.25 Mn |
| Jun 30, 2014 | 9.61 Mn |
| Mar 31, 2014 | 13.71 Mn |
| Dec 31, 2013 | 18.17 Mn |
| Sep 30, 2013 | 18.92 Mn |
| Jun 30, 2013 | 31.16 Mn |
| Mar 31, 2013 | 37.44 Mn |
| Dec 31, 2012 | 42.66 Mn |
| Sep 30, 2012 | 45.93 Mn |
| Jun 30, 2012 | 49.83 Mn |
| Mar 31, 2012 | 56.12 Mn |
| Dec 31, 2011 | 64.86 Mn |
| Sep 30, 2011 | 73.42 Mn |
| Jun 30, 2011 | 206.90 Mn |
| Dec 31, 2010 | 218.27 Mn |