Smith Micro Software SMSI
NASDAQ SMSI
$2.84 -0.03 (-1.05%)
At close: Sep 4, 2026 · 4:00 PM EDT

Smith Micro Software (SMSI) Operating Leases (2013 - 2026)

Smith Micro Software's (SMSI) quarterly Operating Leases came in at $2.5 million in Q2 2026, up 19.57% on a YoY basis from $2.1 million in Q2 2025, and up 31.56% quarter-over-quarter from $1.9 million in Q1 2026.

Analysis

Smith Micro Software (SMSI) Operating Leases (2013 - 2026) Analysis & Trends

Smith Micro Software (SMSI) has reported Operating Leases for 12 consecutive years, with $2.5 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Leases rose 19.57% year-over-year to $2.5 million; the trailing twelve-month figure through Jun 2026 stood at $2.5 million (up 19.57% YoY), and the FY2025 full-year result was $417000.0, down 67.6% from the prior year.
  • Operating Leases advanced to $2.5 million in Q2 2026 per SMSI's latest filing, from $1.9 million in the prior quarter.
  • Across five years, Operating Leases topped out at $5.0 million in Q2 2022 and bottomed at $417000.0 in Q4 2025.
  • Historically, Operating Leases has averaged $3.0 million across 5 years, with a median of $3.2 million in 2023.
  • The sharpest annual moves came in 2025 and 2026: Operating Leases tumbled 67.6% in 2025, then increased 19.57% in 2026.
  • Over 5 years, Operating Leases stood at $4.4 million in 2022, then fell by 26.13% to $3.3 million in 2023, then slumped by 60.56% to $1.3 million in 2024, then sank by 67.6% to $417000.0 in 2025, then soared by 491.85% to $2.5 million in 2026.
  • According to Business Quant data, Operating Leases over the past three periods registered $2.5 million, $1.9 million, and $417000.0 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Twilio 35.77 Bn 33.11 Bn 725.87 Mn
2 Zoom Communications 29.62 Bn 22.37 Bn 985.50 Mn
3 Nice 6.38 Bn 6.02 Bn 995.81 Mn
4 RingCentral 6.14 Bn 6.03 Bn 472.31 Mn
5 Five9 2.49 Bn 1.83 Bn 166.74 Mn
6 Bandwidth 1.35 Bn 1.17 Bn 78.54 Mn
7 Consensus Cloud Solutions 648.68 Mn 549.78 Mn 73.07 Mn
8 Ooma 640.32 Mn 622.79 Mn 50.99 Mn
9 Agora 498.86 Mn 423.01 Mn 25.74 Mn
10 Smith Micro Software 15.88 Mn 13.08 Mn 3.53 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 2.47 Mn
Mar 31, 2026 1.88 Mn
Dec 31, 2025 417,000.00
Sep 30, 2025 1.64 Mn
Jun 30, 2025 2.06 Mn
Mar 31, 2025 2.32 Mn
Dec 31, 2024 1.29 Mn
Sep 30, 2024 2.93 Mn
Jun 30, 2024 3.24 Mn
Mar 31, 2024 3.50 Mn
Dec 31, 2023 3.26 Mn
Sep 30, 2023 3.22 Mn
Jun 30, 2023 3.68 Mn
Mar 31, 2023 4.05 Mn
Dec 31, 2022 4.42 Mn
Sep 30, 2022 4.64 Mn
Jun 30, 2022 5.04 Mn
Mar 31, 2022 4.07 Mn
Dec 31, 2021 5.87 Mn
Sep 30, 2021 4.86 Mn