Smith Micro Software (SMSI) Tax Rate (2010 - 2025)
Smith Micro Software (SMSI) posted Tax Rate of 1.1% for Q4 2025, down 5602.53% on a QoQ basis from 0.02% in Q1 2025, and down 227.0% year-over-year from 0.87% in Q4 2024.
Smith Micro Software (SMSI) Tax Rate (2010 - 2025) Analysis & Trends
Smith Micro Software's Tax Rate history runs 16 years deep, the most recent figure standing at 1.1% for Q4 2025.
- Quarterly Tax Rate fell 227.0% year-over-year to 1.1% in Q4 2025, while the trailing twelve-month figure through Mar 2026 was 0.18% (down 40.0% YoY) and the FY2025 annual result came in at 0.18%, down 20.0% from the prior year.
- Tax Rate was 1.1% for Q4 2025 at Smith Micro Software, down from 0.02% in the prior quarter.
- Across five years, Tax Rate topped out at 1.17% in Q4 2024 and bottomed at 2.02% in Q4 2023.
- A 5-year average of 0.53% and a median of 0.27% in 2023 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2021 — Tax Rate slumped 2263 bps — and 2024, when it soared 319 bps.
- Smith Micro Software's Tax Rate stood at 1.42% in 2021, then sank by 34 bps to 1.9% in 2022, then fell by 6 bps to 2.02% in 2023, then soared by 158 bps to 1.17% in 2024, then sank by 194 bps to 1.1% in 2025.
- Business Quant data shows SMSI's Tax Rate at 1.1% in Q4 2025, 0.02% in Q1 2025, and 1.17% in Q4 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -29.13% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -18.42% |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 8.36% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 39.11% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 22.57% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 31.96% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 23.68% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 0.37% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 21.59% |
| 10 | Smith Micro Software | 9.22 Mn | 7.48 Mn | 3.31 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -1.10% |
| Dec 31, 2025 | -1.10% |
| Dec 31, 2025 | -1.10% |
| Mar 31, 2025 | -0.02% |
| Mar 31, 2025 | -0.02% |
| Mar 31, 2025 | -0.02% |
| Dec 31, 2024 | 1.17% |
| Dec 31, 2024 | 1.17% |
| Dec 31, 2024 | 1.17% |
| Mar 31, 2024 | -0.13% |
| Mar 31, 2024 | -0.13% |
| Mar 31, 2024 | -0.13% |
| Dec 31, 2023 | -2.02% |
| Dec 31, 2023 | -2.02% |
| Dec 31, 2023 | -2.02% |
| Sep 30, 2023 | -0.27% |
| Sep 30, 2023 | -0.27% |
| Sep 30, 2023 | -0.27% |
| Jun 30, 2023 | -0.04% |
| Jun 30, 2023 | -0.04% |