Smith Micro Software (SMSI) Net Margin (2010 - 2026)
Smith Micro Software posted quarterly Net Margin of 92.32% for Q1 2026, up 1973.0% year-on-year from 4.45% in Q1 2025, and up 21.72% on a QoQ basis from 117.94% in Q4 2025.
Smith Micro Software (SMSI) has 17 years of Net Margin data on file, last reported at 92.32% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 1973.0% year-over-year to 92.32%; the trailing twelve-month figure through Mar 2026 stood at 169.89% (down 5189.0% YoY), and the FY2025 full-year result was 173.33%, up 6358.0% from the prior year.
- Net Margin for Q1 2026 stood at 92.32%, up from 117.94% 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.
- The 5-year median for Net Margin is 88.35% (2024), against an average of 127.13%.
- The widest annual swing landed in 2024, when Net Margin sank 47178 bps; it then soared 42273 bps in 2025.
- A 5-year view of Net Margin shows it stood at 69.9% in 2022, then decreased by 12 bps to 78.11% in 2023, then decreased by 13 bps to 88.35% in 2024, then slumped by 33 bps to 117.94% in 2025, then advanced 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 20.22% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 17.47% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 2.29% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | -18.33% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 12.44% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 22.77% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 29.52% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 22.90% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 35.80% |
| 10 | Smith Micro Software | 22.21 Mn | 20.47 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% |
| Mar 31, 2021 | -28.34% |
| Dec 31, 2020 | 5.00% |
| Sep 30, 2020 | 1.27% |
| Jun 30, 2020 | 10.66% |
| Mar 31, 2020 | 15.35% |
| Dec 31, 2019 | 30.69% |
| Sep 30, 2019 | 30.27% |
| Jun 30, 2019 | 31.66% |
| Mar 31, 2019 | 0.57% |
| Dec 31, 2018 | 41.00% |
| Sep 30, 2018 | -15.07% |
| Jun 30, 2018 | -31.35% |
| Mar 31, 2018 | -43.58% |
| Dec 31, 2017 | -11.69% |
| Sep 30, 2017 | -28.77% |
| Jun 30, 2017 | -33.30% |
| Mar 31, 2017 | -51.65% |
| Dec 31, 2016 | -52.58% |
| Sep 30, 2016 | -71.50% |
| Jun 30, 2016 | -43.97% |
| Mar 31, 2016 | -51.37% |
| Dec 31, 2015 | -5.91% |
| Sep 30, 2015 | -8.03% |
| Jun 30, 2015 | -13.12% |
| Mar 31, 2015 | -0.09% |
| Dec 31, 2014 | 114.38% |
| Sep 30, 2014 | -12.09% |
| Jun 30, 2014 | -66.78% |
| Mar 31, 2014 | -61.16% |
| Dec 31, 2013 | -12.68% |
| Sep 30, 2013 | -149.20% |
| Jun 30, 2013 | -69.10% |
| Mar 31, 2013 | -53.08% |
| Dec 31, 2012 | -34.43% |
| Sep 30, 2012 | -43.71% |
| Jun 30, 2012 | -67.10% |
| Mar 31, 2012 | -95.73% |
| Dec 31, 2011 | 1,388.29% |
| Sep 30, 2011 | -1,064.61% |
| Jun 30, 2011 | -112.77% |
| Mar 31, 2011 | -43.58% |
| Dec 31, 2010 | 16.37% |
| Sep 30, 2010 | 9.10% |
| Jun 30, 2010 | 6.01% |