Smith Micro Software (SMSI) Operating Expenses (2010 - 2026)

Smith Micro Software (SMSI) has 17 years of Operating Expenses data on file, last reported at $6.7 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses fell 22.05% year-over-year to $6.7 million; the trailing twelve-month figure through Mar 2026 stood at $40.0 million (up 7.66% YoY), and the FY2025 full-year result was $41.9 million, down 34.39% from the prior year.
• Operating Expenses for Q1 2026 stood at $6.7 million, down from $7.4 million in the prior quarter.
• Across five years, Operating Expenses topped out at $35.3 million in Q1 2024 and bottomed at $6.7 million in Q1 2026.
• The 5-year median for Operating Expenses is $11.0 million (2023), against an average of $13.3 million.
• The widest annual swing landed in 2024, when Operating Expenses soared 141.76%; it then sank 75.68% in 2025.
• A 5-year view of Operating Expenses shows it stood at $15.2 million in 2022, then decreased by 20.38% to $12.1 million in 2023, then plunged by 32.28% to $8.2 million in 2024, then dropped by 9.93% to $7.4 million in 2025, then fell by 9.68% to $6.7 million in 2026.
• The last three Operating Expenses figures came in at $6.7 million (Q1 2026), $7.4 million (Q4 2025), and $7.7 million (Q3 2025), per Business Quant data.

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