Growth Metrics

Smith Micro Software (SMSI) Operating Expenses (2016 - 2025)

Smith Micro Software's Operating Expenses history spans 16 years, with the latest figure at $7.4 million for Q4 2025.

  • For Q4 2025, Operating Expenses fell 9.93% year-over-year to $7.4 million; the TTM value through Dec 2025 reached $41.9 million, down 34.39%, while the annual FY2025 figure was $41.9 million, 34.39% down from the prior year.
  • Operating Expenses reached $7.4 million in Q4 2025 per SMSI's latest filing, down from $7.7 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $35.3 million in Q1 2024 to a low of $7.4 million in Q4 2025.
  • Average Operating Expenses over 5 years is $14.8 million, with a median of $13.8 million recorded in 2021.
  • Peak YoY movement for Operating Expenses: skyrocketed 181.01% in 2021, then crashed 75.68% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $14.6 million in 2021, then grew by 4.32% to $15.2 million in 2022, then fell by 20.38% to $12.1 million in 2023, then plummeted by 32.28% to $8.2 million in 2024, then decreased by 9.93% to $7.4 million in 2025.
  • Per Business Quant, the three most recent readings for SMSI's Operating Expenses are $7.4 million (Q4 2025), $7.7 million (Q3 2025), and $18.2 million (Q2 2025).