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

Smith Micro Software has reported Operating Leases for 8 years, with the latest figure 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.
• The five-year high for Operating Leases was $5.0 million in Q2 2022, with the low at $417000.0 in Q4 2025.
• Historically, Operating Leases has averaged $2.5 million across 5 years, with a median of $2.2 million in 2024.
• Annual changes were most pronounced in 2024 — Operating Leases soared 64.19% — and 2025, when it slumped 67.6%.
• Smith Micro Software's Operating Leases stood at $3.0 million in 2022, then plunged by 40.19% to $1.8 million in 2023, then slipped by 27.7% 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.