Smith Micro Software (SMSI) Research & Development (2010 - 2026)

Smith Micro Software (SMSI) has 17 years of Research & Development data on file, last reported at $1.8 million in Q1 2026.

• For the quarter ending Q1 2026, Research & Development fell 35.32% year-over-year to $1.8 million; the trailing twelve-month figure through Mar 2026 stood at $9.7 million (down 25.04% YoY), and the FY2025 full-year result was $10.7 million, down 23.9% from the prior year.
• Research & Development for Q1 2026 stood at $1.8 million, down from $2.5 million in the prior quarter.
• Across five years, Research & Development topped out at $8.1 million in Q2 2022 and bottomed at $1.8 million in Q1 2026.
• The 5-year median for Research & Development is $3.7 million (2023), against an average of $4.3 million.
• The widest annual swing landed in 2022, when Research & Development jumped 49.09%; it then slumped 54.15% in 2023.
• A 5-year view of Research & Development shows it stood at $6.6 million in 2022, then plunged by 41.66% to $3.9 million in 2023, then declined by 28.74% to $2.8 million in 2024, then decreased by 9.1% to $2.5 million in 2025, then declined by 26.26% to $1.8 million in 2026.
• The last three Research & Development figures came in at $1.8 million (Q1 2026), $2.5 million (Q4 2025), and $2.6 million (Q3 2025), per Business Quant data.

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