Smith Micro Software (SMSI) Leases (2019 - 2026)

Smith Micro Software (SMSI) has 8 years of Leases data on file, last reported at $1.7 million in Q1 2026.

• For the quarter ending Q1 2026, Leases fell 15.77% year-over-year to $1.7 million; the trailing twelve-month figure through Mar 2026 stood at $1.7 million (down 15.77% YoY), and the FY2025 full-year result was $1.1 million, down 52.72% from the prior year.
• Leases for Q1 2026 stood at $1.7 million, up from $1.1 million in the prior quarter.
• Across five years, Leases topped out at $5.4 million in Q1 2022 and bottomed at $1.1 million in Q4 2025.
• The 5-year median for Leases is $2.8 million (2023), against an average of $2.9 million.
• The widest annual swing landed in 2024, when Leases fell 1.08%; it then sank 52.72% in 2025.
• A 5-year view of Leases shows it stood at $3.7 million in 2022, then declined by 25.87% to $2.8 million in 2023, then declined by 14.21% to $2.4 million in 2024, then tumbled by 52.72% to $1.1 million in 2025, then surged by 55.59% to $1.7 million in 2026.
• The last three Leases figures came in at $1.7 million (Q1 2026), $1.1 million (Q4 2025), and $1.4 million (Q3 2025), per Business Quant data.

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