Smith Micro Software (SMSI) Operating Leases (2013 - 2026)
Smith Micro Software (SMSI) posted Operating Leases of $1.9 million for Q1 2026, up 349.88% on a QoQ basis from $417000.0 in Q4 2025, and down 19.07% year-over-year from $2.3 million in Q1 2025.
Smith Micro Software (SMSI) Operating Leases (2013 - 2026) Analysis & Trends
Smith Micro Software's Operating Leases history runs 12 years deep, the most recent figure standing at $1.9 million for 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 was $1.9 million for Q1 2026 at Smith Micro Software, up from $417000.0 in the prior quarter.
- Across five years, Operating Leases topped out at $4.6 million in Q3 2022 and bottomed at $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.
- Peak annual rise in Operating Leases reached 4.04% in 2025, while the deepest fall reached 67.84% in 2025.
- Smith Micro Software's 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 349.88% to $1.9 million in 2026.
- Business Quant data shows SMSI's Operating Leases at $1.9 million in Q1 2026, $417000.0 in Q4 2025, and $1.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn |
| 10 | Smith Micro Software | 9.22 Mn | 7.48 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 |