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

Smith Micro Software has reported Operating Expenses for 17 years, with the latest figure 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.
• The five-year high for Operating Expenses was $35.3 million in Q1 2024, with the low at $6.7 million in Q1 2026.
• Historically, Operating Expenses has averaged $13.3 million across 5 years, with a median of $11.0 million in 2023.
• Annual changes were most pronounced in 2024 — Operating Expenses soared 141.76% — and 2025, when it tumbled 75.68%.
• Smith Micro Software's Operating Expenses stood at $15.2 million in 2022, then retreated by 20.38% to $12.1 million in 2023, then sank by 32.28% to $8.2 million in 2024, then slipped by 9.93% to $7.4 million in 2025, then declined 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.