Smith Micro Software (SMSI) Operating Leases (2019 - 2026)

Smith Micro Software (SMSI) has 8 years of Operating Leases data on file, last reported at $1.9 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Leases fell 19.07% year-over-year to $1.9 million; the trailing twelve-month figure through Mar 2026 stood at $1.9 million (down 19.07% YoY), and the FY2025 full-year result was $417000.0, down 67.6% from the prior year.
• Operating Leases for Q1 2026 stood at $1.9 million, up from $417000.0 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.
• The 5-year median for Operating Leases is $2.2 million (2024), against an average of $2.5 million.
• The widest annual swing landed in 2024, when Operating Leases soared 64.19%; it then plunged 67.6% in 2025.
• A 5-year view of Operating Leases shows it stood at $3.0 million in 2022, then tumbled by 40.19% to $1.8 million in 2023, then dropped by 27.7% to $1.3 million in 2024, then slumped by 67.6% to $417000.0 in 2025, then surged by 349.88% to $1.9 million in 2026.
• The last three Operating Leases figures came in at $1.9 million (Q1 2026), $417000.0 (Q4 2025), and $1.6 million (Q3 2025), per Business Quant data.

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