Smith Micro Software (SMSI) Operating Leases (2013 - 2026)
Smith Micro Software's (SMSI) quarterly Operating Leases came in at $1.9 million in Q1 2026, down 19.07% YoY from $2.3 million in Q1 2025, and up 349.88% on a QoQ basis from $417000.0 in Q4 2025.
Smith Micro Software (SMSI) Operating Leases (2013 - 2026) Analysis & Trends
Smith Micro Software (SMSI) has 12 years of Operating Leases data on file, last reported at $1.9 million in Q1 2026.
- Quarterly Operating Leases fell 19.07% year-over-year to $1.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.9 million (down 19.07% YoY) and the FY2025 annual result came in at $417000.0, down 67.6% from the prior year.
- Operating Leases grew to $1.9 million in Q1 2026, from $417000.0 in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $4.6 million in Q3 2022 to a low of $417000.0 in Q4 2025.
- A 5-year average of $2.6 million and a median of $2.6 million in 2023 frame the typical range for Operating Leases.
- The widest YoY moves for Operating Leases: up 4.04% in 2025, down 67.84% in 2025.
- Tracing SMSI's Operating Leases over 5 years: stood at $4.4 million in 2022, then dropped by 26.13% to $3.3 million in 2023, then plunged by 60.56% to $1.3 million in 2024, then tumbled by 67.6% to $417000.0 in 2025, then jumped 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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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn |
| 10 | Smith Micro Software | 14.65 Mn | 12.91 Mn | 3.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.88 Mn |
| Dec 31, 2025 | 417,000.00 |
| Sep 30, 2025 | 1.64 Mn |
| Jun 30, 2025 | 646,000.00 |
| Mar 31, 2025 | 2.32 Mn |
| Dec 31, 2024 | 1.29 Mn |
| Sep 30, 2024 | 2.93 Mn |
| Jun 30, 2024 | 2.01 Mn |
| Mar 31, 2024 | 2.23 Mn |
| Dec 31, 2023 | 3.26 Mn |
| Sep 30, 2023 | 3.22 Mn |
| Jun 30, 2023 | 3.68 Mn |
| Mar 31, 2023 | 2.59 Mn |
| Dec 31, 2022 | 4.42 Mn |
| Sep 30, 2022 | 4.64 Mn |
| Jun 30, 2022 | 3.64 Mn |
| Mar 31, 2022 | 4.07 Mn |
| Dec 31, 2021 | 4.47 Mn |
| Sep 30, 2021 | 4.86 Mn |
| Jun 30, 2021 | 4.31 Mn |