Smith Micro Software (SMSI) Operating Margin (2010 - 2026)
Smith Micro Software posted quarterly Operating Margin of 79.91% for Q1 2026, up 3284.0% year-on-year from 2.36% in Q1 2025, and up 27.23% on a QoQ basis from 109.81% in Q4 2025.
Smith Micro Software (SMSI) has 17 years of Operating Margin data on file, last reported at 79.91% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin rose 3284.0% year-over-year to 79.91%; the trailing twelve-month figure through Mar 2026 stood at 160.21% (down 4074.0% YoY), and the FY2025 full-year result was 167.09%, up 7320.0% from the prior year.
- Operating Margin for Q1 2026 stood at 79.91%, up from 109.81% in the prior quarter.
- Across five years, Operating Margin topped out at 19.83% in Q3 2023 and bottomed at 542.36% in Q1 2024.
- The 5-year median for Operating Margin is 79.91% (2026), against an average of 122.84%.
- The widest annual swing landed in 2024, when Operating Margin plunged 47891 bps; it then jumped 42961 bps in 2025.
- A 5-year view of Operating Margin shows it stood at 62.78% in 2022, then decreased by 6 bps to 66.3% in 2023, then tumbled by 35 bps to 89.66% in 2024, then retreated by 22 bps to 109.81% in 2025, then increased by 27 bps to 79.91% in 2026.
- The last three Operating Margin figures came in at 79.91% (Q1 2026), 109.81% (Q4 2025), and 103.17% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 28.69% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 16.69% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 14.56% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 12.05% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 13.34% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 29.26% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 37.79% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | -22.99% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 46.97% |
| 10 | Smith Micro Software | 22.21 Mn | 20.47 Mn | 3.31 Mn | -79.91% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -79.91% |
| Dec 31, 2025 | -109.81% |
| Sep 30, 2025 | -103.17% |
| Jun 30, 2025 | -338.30% |
| Mar 31, 2025 | -112.75% |
| Dec 31, 2024 | -89.66% |
| Sep 30, 2024 | -140.00% |
| Jun 30, 2024 | -135.78% |
| Mar 31, 2024 | -542.36% |
| Dec 31, 2023 | -66.30% |
| Sep 30, 2023 | -19.83% |
| Jun 30, 2023 | -31.38% |
| Mar 31, 2023 | -63.45% |
| Dec 31, 2022 | -62.78% |
| Sep 30, 2022 | -71.42% |
| Jun 30, 2022 | -66.06% |
| Mar 31, 2022 | -55.27% |
| Dec 31, 2021 | -20.46% |
| Sep 30, 2021 | -112.27% |
| Jun 30, 2021 | -32.73% |
| Mar 31, 2021 | -28.44% |
| Dec 31, 2020 | -0.10% |
| Sep 30, 2020 | 1.55% |
| Jun 30, 2020 | 10.65% |
| Mar 31, 2020 | 14.70% |
| Dec 31, 2019 | 29.57% |
| Sep 30, 2019 | 29.54% |
| Jun 30, 2019 | 27.01% |
| Mar 31, 2019 | 0.74% |
| Dec 31, 2018 | 9.22% |
| Sep 30, 2018 | 0.84% |
| Jun 30, 2018 | 1.07% |
| Mar 31, 2018 | -36.99% |
| Dec 31, 2017 | -9.33% |
| Sep 30, 2017 | -16.23% |
| Jun 30, 2017 | -27.62% |
| Mar 31, 2017 | -46.23% |
| Dec 31, 2016 | -53.11% |
| Sep 30, 2016 | -70.35% |
| Jun 30, 2016 | -52.38% |
| Mar 31, 2016 | -51.00% |
| Dec 31, 2015 | -5.47% |
| Sep 30, 2015 | -8.01% |
| Jun 30, 2015 | -13.05% |
| Mar 31, 2015 | 0.02% |
| Dec 31, 2014 | 2.06% |
| Sep 30, 2014 | -12.11% |
| Jun 30, 2014 | -66.62% |
| Mar 31, 2014 | -60.76% |
| Dec 31, 2013 | -12.67% |
| Sep 30, 2013 | -148.41% |
| Jun 30, 2013 | -69.13% |
| Mar 31, 2013 | -52.59% |
| Dec 31, 2012 | -37.86% |
| Sep 30, 2012 | -54.55% |
| Jun 30, 2012 | -67.09% |
| Mar 31, 2012 | -95.07% |
| Dec 31, 2011 | -103.43% |
| Sep 30, 2011 | -1,013.16% |
| Jun 30, 2011 | -81.01% |
| Mar 31, 2011 | -73.14% |
| Dec 31, 2010 | 16.81% |
| Sep 30, 2010 | 17.24% |
| Jun 30, 2010 | 11.74% |