Smith Micro Software (SMSI) Net Margin (2010 - 2026)
Smith Micro Software's (SMSI) quarterly Net Margin came in at 92.32% in Q1 2026, up 1973.0% YoY from 4.45% in Q1 2025, and up 21.72% on a QoQ basis from 117.94% in Q4 2025.
Smith Micro Software (SMSI) Net Margin (2010 - 2026) Analysis & Trends
Smith Micro Software (SMSI) has 17 years of Net Margin data on file, last reported at 92.32% in Q1 2026.
- Quarterly Net Margin rose 1973.0% year-over-year to 92.32% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 169.89% (down 5189.0% YoY) and the FY2025 annual result came in at 173.33%, up 6358.0% from the prior year.
- Net Margin advanced to 92.32% in Q1 2026, from 117.94% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 46.66% in Q3 2023 to a low of 534.79% in Q1 2024.
- A 5-year average of 127.13% and a median of 88.35% in 2024 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2024 — Net Margin tumbled 47178 bps — and 2025, when it soared 42273 bps.
- Tracing SMSI's Net Margin over 5 years: stood at 69.9% in 2022, then retreated by 12 bps to 78.11% in 2023, then retreated by 13 bps to 88.35% in 2024, then tumbled by 33 bps to 117.94% in 2025, then gained by 22 bps to 92.32% in 2026.
- The last three Net Margin figures came in at 92.32% (Q1 2026), 117.94% (Q4 2025), and 118.93% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 21.16% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 41.92% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 18.93% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 17.17% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 7.47% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -21.25% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 17.88% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 25.87% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 35.80% |
| 10 | Smith Micro Software | 14.65 Mn | 12.91 Mn | 3.31 Mn | -92.32% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | -32.68% |