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

Smith Micro Software has reported Research & Development for 17 years, with the latest figure 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.
• The five-year high for Research & Development was $8.1 million in Q2 2022, with the low at $1.8 million in Q1 2026.
• Historically, Research & Development has averaged $4.3 million across 5 years, with a median of $3.7 million in 2023.
• Annual changes were most pronounced in 2022 — Research & Development jumped 49.09% — and 2023, when it plunged 54.15%.
• Smith Micro Software's Research & Development stood at $6.6 million in 2022, then sank by 41.66% to $3.9 million in 2023, then dropped by 28.74% to $2.8 million in 2024, then retreated by 9.1% to $2.5 million in 2025, then dropped 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.