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

Smith Micro Software (SMSI) has reported Operating Expenses for 17 consecutive years, with $5.9 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Expenses fell 67.59% year-over-year to $5.9 million; the trailing twelve-month figure through Jun 2026 stood at $27.7 million (down 38.25% YoY), and the FY2025 full-year result was $41.9 million, down 34.39% from the prior year.
• Operating Expenses retreated to $5.9 million in Q2 2026 per SMSI's latest filing, from $6.7 million in the prior quarter.
• Across five years, Operating Expenses topped out at $35.3 million in Q1 2024 and bottomed at $5.9 million in Q2 2026.
• Historically, Operating Expenses has averaged $12.9 million across 5 years, with a median of $10.8 million in 2023.
• The sharpest annual moves came in 2024 and 2025: Operating Expenses jumped 141.76% in 2024, then plunged 75.68% in 2025.
• Over 5 years, Operating Expenses stood at $15.2 million in 2022, then slipped by 20.38% to $12.1 million in 2023, then tumbled by 32.28% to $8.2 million in 2024, then declined by 9.93% to $7.4 million in 2025, then slipped by 20.27% to $5.9 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $5.9 million, $6.7 million, and $7.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.