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

Smith Micro Software's Research & Development history runs 17 years deep, the most recent figure standing at $1.8 million for Q1 2026.

• Quarterly Research & Development fell 35.32% year-over-year to $1.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $8.4 million (down 18.46% YoY) and the FY2025 annual result came in at $6.0 million, down 32.66% from the prior year.
• Research & Development was $1.8 million for Q1 2026 at Smith Micro Software, up from $1.2 million in the prior quarter.
• Across five years, Research & Development topped out at $19.7 million in Q4 2022 and bottomed at $1.2 million in Q4 2025.
• A 5-year average of $4.0 million and a median of $2.9 million in 2025 frame the typical range for Research & Development.
• Annual changes were most pronounced in 2022 — Research & Development jumped 49.09% — and 2023, when it plunged 80.36%.
• Smith Micro Software's Research & Development stood at $19.7 million in 2022, then plunged by 80.36% to $3.9 million in 2023, then plunged by 56.71% to $1.7 million in 2024, then fell by 28.9% to $1.2 million in 2025, then jumped by 55.16% to $1.8 million in 2026.
• Business Quant data shows SMSI's Research & Development at $1.8 million in Q1 2026, $1.2 million in Q4 2025, and $2.6 million in Q3 2025.