Growth Metrics

Smith Micro Software (SMSI) Operating Margin (2016 - 2025)

Smith Micro Software's Operating Margin history spans 16 years, with the latest figure at 109.81% for Q4 2025.

  • For Q4 2025, Operating Margin fell 2016.0% year-over-year to 109.81%; the TTM value through Dec 2025 reached 167.1%, up 7316.0%, while the annual FY2025 figure was 167.09%, 7320.0% up from the prior year.
  • Operating Margin reached 109.81% in Q4 2025 per SMSI's latest filing, down from 103.17% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 19.83% in Q3 2023 to a low of 542.36% in Q1 2024.
  • Average Operating Margin over 5 years is 110.11%, with a median of 68.86% recorded in 2022.
  • Peak YoY movement for Operating Margin: crashed -47891bps in 2024, then surged 42961bps in 2025.
  • A 5-year view of Operating Margin shows it stood at 20.46% in 2021, then crashed by -207bps to 62.78% in 2022, then fell by -6bps to 66.3% in 2023, then tumbled by -35bps to 89.66% in 2024, then decreased by -22bps to 109.81% in 2025.
  • Per Business Quant, the three most recent readings for SMSI's Operating Margin are 109.81% (Q4 2025), 103.17% (Q3 2025), and 338.3% (Q2 2025).