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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |