Smith Micro Software (SMSI) Invested Capital (2010 - 2026)

Smith Micro Software has reported Invested Capital for 17 years, with the latest figure 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.
• The five-year high for Invested Capital was $94.2 million in Q1 2022, with the low at $18.3 million in Q1 2026.
• Historically, Invested Capital has averaged $54.5 million across 5 years, with a median of $45.4 million in 2024.
• Annual changes were most pronounced in 2023 — Invested Capital retreated 3.29% — and 2025, when it sank 54.88%.
• Smith Micro Software's Invested Capital stood at $78.0 million in 2022, then retreated by 3.29% to $75.4 million in 2023, then plunged by 45.94% to $40.8 million in 2024, then slumped by 54.88% to $18.4 million in 2025, then declined 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.