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

Smith Micro Software (SMSI) has reported Research & Development for 17 consecutive years, with $1.4 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Research & Development fell 50.25% year-over-year to $1.4 million; the trailing twelve-month figure through Jun 2026 stood at $8.3 million (down 30.63% YoY), and the FY2025 full-year result was $10.7 million, down 23.9% from the prior year.
• Research & Development declined to $1.4 million in Q2 2026 per SMSI's latest filing, from $1.8 million in the prior quarter.
• Across five years, Research & Development topped out at $8.1 million in Q2 2022 and bottomed at $1.4 million in Q2 2026.
• Historically, Research & Development has averaged $4.1 million across 5 years, with a median of $3.7 million in 2023.
• The sharpest annual moves came in 2022 and 2023: Research & Development surged 49.09% in 2022, then sank 54.15% in 2023.
• Over 5 years, Research & Development stood at $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 slipped by 9.1% to $2.5 million in 2025, then sank by 45.37% to $1.4 million in 2026.
• According to Business Quant data, Research & Development over the past three periods registered $1.4 million, $1.8 million, and $2.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.