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Smith Micro Software (SMSI) Research & Development (2016 - 2025)

Smith Micro Software's Research & Development history spans 16 years, with the latest figure at $2.5 million for Q4 2025.

  • For Q4 2025, Research & Development fell 9.1% year-over-year to $2.5 million; the TTM value through Dec 2025 reached $10.7 million, down 23.9%, while the annual FY2025 figure was $10.7 million, 23.9% down from the prior year.
  • Research & Development reached $2.5 million in Q4 2025 per SMSI's latest filing, down from $2.6 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $8.1 million in Q2 2022 to a low of $2.5 million in Q4 2025.
  • Average Research & Development over 5 years is $4.9 million, with a median of $3.9 million recorded in 2023.
  • Peak YoY movement for Research & Development: surged 79.1% in 2021, then tumbled 54.15% in 2023.
  • A 5-year view of Research & Development shows it stood at $7.1 million in 2021, then fell by 7.08% to $6.6 million in 2022, then tumbled by 41.66% to $3.9 million in 2023, then fell by 28.74% to $2.8 million in 2024, then fell by 9.1% to $2.5 million in 2025.
  • Per Business Quant, the three most recent readings for SMSI's Research & Development are $2.5 million (Q4 2025), $2.6 million (Q3 2025), and $2.8 million (Q2 2025).