Smith Micro Software (SMSI) Tax Rate (2010 - 2025)
Smith Micro Software's (SMSI) quarterly Tax Rate came in at 133.76% in Q4 2025, down 9735.0% on a YoY basis from 1.39% in Q4 2024, and up 692565.68% quarter-over-quarter from 0.02% in Q1 2025.
Analysis
Smith Micro Software (SMSI) Tax Rate (2010 - 2025) Analysis & Trends
Smith Micro Software (SMSI) has reported Tax Rate for 16 consecutive years, with 133.76% the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Tax Rate fell 9735.0% year-over-year to 133.76%; the trailing twelve-month figure through Jun 2026 stood at 39.42% (up 635.0% YoY), and the FY2025 full-year result was 21.06%, up 6.0% from the prior year.
- Tax Rate grew to 133.76% in Q4 2025 per SMSI's latest filing, from 0.02% in the prior quarter.
- Across five years, Tax Rate topped out at 231.11% in Q4 2024 and bottomed at 2.02% in Q4 2023.
- Historically, Tax Rate has averaged 23.78% across 5 years, with a median of 0.27% in 2022.
- The sharpest annual moves came in 2024 and 2025: Tax Rate surged 23313 bps in 2024, then slumped 9735 bps in 2025.
- Over 5 years, 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 11532 bps to 231.11% in 2024, then tumbled by 42 bps to 133.76% in 2025.
- According to Business Quant data, Tax Rate over the past three periods registered 133.76%, 0.02%, and 231.11% for Q4 2025, Q1 2025, and Q4 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Twilio | 35.77 Bn | 33.11 Bn | 725.87 Mn | -1,313.04% |
| 2 | Zoom Communications | 29.62 Bn | 22.37 Bn | 985.50 Mn | 22.68% |
| 3 | Nice | 6.38 Bn | 6.02 Bn | 995.81 Mn | 48.74% |
| 4 | RingCentral | 6.14 Bn | 6.03 Bn | 472.31 Mn | 7.42% |
| 5 | Five9 | 2.49 Bn | 1.83 Bn | 166.74 Mn | 21.84% |
| 6 | Bandwidth | 1.35 Bn | 1.17 Bn | 78.54 Mn | 696.52% |
| 7 | Consensus Cloud Solutions | 648.68 Mn | 549.78 Mn | 73.07 Mn | 23.30% |
| 8 | Ooma | 640.32 Mn | 622.79 Mn | 50.99 Mn | 6.33% |
| 9 | Agora | 498.86 Mn | 423.01 Mn | 25.74 Mn | -2.52% |
| 10 | Smith Micro Software | 15.88 Mn | 13.08 Mn | 3.53 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 133.76% |
| Mar 31, 2025 | -0.02% |
| Dec 31, 2024 | 231.11% |
| Mar 31, 2024 | -0.13% |
| Dec 31, 2023 | -2.02% |
| Sep 30, 2023 | -0.27% |
| Jun 30, 2023 | -0.04% |
| Mar 31, 2023 | -0.13% |
| Dec 31, 2022 | -1.90% |
| Sep 30, 2022 | -0.47% |
| Jun 30, 2022 | -0.37% |
| Mar 31, 2022 | -0.27% |
| Dec 31, 2021 | -1.42% |
| Sep 30, 2021 | -0.79% |
| Jun 30, 2021 | -0.27% |
| Dec 31, 2020 | 16.55% |
| Sep 30, 2020 | 21.84% |
| Dec 31, 2019 | 1.91% |
| Jun 30, 2019 | 0.12% |
| Mar 31, 2019 | 7.69% |