Smith Micro Software (SMSI) Net Margin (2010 - 2026)
Smith Micro Software's (SMSI) quarterly Net Margin came in at 63.0% in Q2 2026, up 27777.0% on a YoY basis from N/an in Q2 2025, and up 31.76% quarter-over-quarter from 92.32% in Q1 2026.
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Smith Micro Software (SMSI) Net Margin (2010 - 2026) Analysis & Trends
Smith Micro Software (SMSI) has reported Net Margin for 17 consecutive years, with 63.0% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 27777.0% year-over-year to 63.0%; the trailing twelve-month figure through Jun 2026 stood at 97.67% (up 6847.0% YoY), and the FY2025 full-year result was 173.33%, up 6358.0% from the prior year.
- Net Margin grew to 63.0% in Q2 2026 per SMSI's latest filing, from 92.32% in the prior quarter.
- Across five years, Net Margin topped out at 46.66% in Q3 2023 and bottomed at 534.79% in Q1 2024.
- Historically, Net Margin has averaged 123.56% across 5 years, with a median of 83.23% in 2023.
- The sharpest annual moves came in 2024 and 2025: Net Margin plunged 47178 bps in 2024, then jumped 42273 bps in 2025.
- Over 5 years, Net Margin stood at 69.9% in 2022, then slipped by 12 bps to 78.11% in 2023, then slipped by 13 bps to 88.35% in 2024, then sank by 33 bps to 117.94% in 2025, then soared by 47 bps to 63.0% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 63.0%, 92.32%, and 117.94% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Twilio | 35.77 Bn | 33.11 Bn | 725.87 Mn | 71.19% |
| 2 | Zoom Communications | 29.62 Bn | 22.37 Bn | 985.50 Mn | 120.77% |
| 3 | Nice | 6.38 Bn | 6.02 Bn | 995.81 Mn | 8.38% |
| 4 | RingCentral | 6.14 Bn | 6.03 Bn | 472.31 Mn | 5.95% |
| 5 | Five9 | 2.49 Bn | 1.83 Bn | 166.74 Mn | 1.08% |
| 6 | Bandwidth | 1.35 Bn | 1.17 Bn | 78.54 Mn | 1.09% |
| 7 | Consensus Cloud Solutions | 648.68 Mn | 549.78 Mn | 73.07 Mn | 29.96% |
| 8 | Ooma | 640.32 Mn | 622.79 Mn | 50.99 Mn | 3.56% |
| 9 | Agora | 498.86 Mn | 423.01 Mn | 25.74 Mn | 5.44% |
| 10 | Smith Micro Software | 15.88 Mn | 13.08 Mn | 3.53 Mn | -63.00% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -63.00% |
| Mar 31, 2026 | -92.32% |
| Dec 31, 2025 | -117.94% |
| Sep 30, 2025 | -118.93% |
| Jun 30, 2025 | -340.77% |
| Mar 31, 2025 | -112.05% |
| Dec 31, 2024 | -88.35% |
| Sep 30, 2024 | -137.03% |
| Jun 30, 2024 | -134.81% |
| Mar 31, 2024 | -534.79% |
| Dec 31, 2023 | -78.11% |
| Sep 30, 2023 | -46.66% |
| Jun 30, 2023 | -54.80% |
| Mar 31, 2023 | -63.01% |
| Dec 31, 2022 | -69.90% |
| Sep 30, 2022 | -49.68% |
| Jun 30, 2022 | -67.01% |
| Mar 31, 2022 | -54.98% |
| Dec 31, 2021 | -20.35% |
| Sep 30, 2021 | -113.16% |