Smith Micro Software (SMSI) Prepaid Assets (2010 - 2026)
Smith Micro Software (SMSI) reported Prepaid Assets of $1.39 million for Q2 2026, down 13.1% from $1.6 million a year earlier but up 5.1% from the prior quarter.
Smith Micro Software (SMSI) Prepaid Assets (2010 - 2026) Analysis & Trends
At the end of FY2025, Smith Micro Software posted Prepaid Assets of $1.22 million, down 17.0% from FY2024.
- Prepaid Assets has declined for four consecutive years, though with a five-year compound annual growth rate of 0.5% (FY2020 to FY2025).
- By year, Prepaid Assets came in at $1.47 million in FY2024 (-20.4%), $1.84 million in FY2023 (-7.1%), $1.98 million in FY2022 (-0.3%) and $1.99 million in FY2021 (+67.2%).
- Five-year quarterly Prepaid Assets spans a low of $1.09 million in Q3 2022 and a high of $3.35 million in Q2 2023.
- Year over year, Prepaid Assets has now declined in each of the last 11 quarters, with an average decline of 22.2% over the last eight quarters.
- The high point for year-over-year Prepaid Assets in five years was Q3 2023 (growth of 170.5%); the low point was Q3 2024 (a decline of 48.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.32 million (Q1 2026), $1.22 million (Q4 2025) and $1.09 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Adobe | 93.82 Bn | 69.07 Bn | 6.00 Bn |
| 2 | Atlassian | 46.64 Bn | 39.92 Bn | 1.53 Bn |
| 3 | Twilio | 44.91 Bn | 34.90 Bn | 725.87 Mn |
| 4 | Autodesk | 43.68 Bn | 31.72 Bn | 1.87 Bn |
| 5 | Zoom Communications | 26.53 Bn | -4.25 Bn | 985.50 Mn |
| 6 | Figma | 11.16 Bn | 4.66 Bn | 309.61 Mn |
| 7 | Dropbox | 7.44 Bn | 3.07 Bn | 506.50 Mn |
| 8 | Nice | 6.72 Bn | 5.19 Bn | 995.81 Mn |
| 9 | RingCentral | 6.26 Bn | 5.75 Bn | 472.31 Mn |
| 10 | Smith Micro Software | 14.87 Mn | 7.44 Mn | 3.53 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.39 Mn |
| Mar 31, 2026 | 1.32 Mn |
| Dec 31, 2025 | 1.22 Mn |
| Sep 30, 2025 | 1.09 Mn |
| Jun 30, 2025 | 1.60 Mn |
| Mar 31, 2025 | 1.44 Mn |
| Dec 31, 2024 | 1.47 Mn |
| Sep 30, 2024 | 1.51 Mn |
| Jun 30, 2024 | 2.06 Mn |
| Mar 31, 2024 | 1.80 Mn |
| Dec 31, 2023 | 1.84 Mn |
| Sep 30, 2023 | 2.94 Mn |
| Jun 30, 2023 | 3.35 Mn |
| Mar 31, 2023 | 3.32 Mn |
| Dec 31, 2022 | 1.98 Mn |
| Sep 30, 2022 | 1.09 Mn |
| Jun 30, 2022 | 2.51 Mn |
| Mar 31, 2022 | 2.20 Mn |
| Dec 31, 2021 | 1.99 Mn |
| Sep 30, 2021 | 1.93 Mn |
Smith Micro Software Prepaid Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=prepaid-assets&ticker=SMSI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "prepaid-assets", "ticker": "SMSI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=prepaid-assets&ticker=SMSI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();