Smith Micro Software (SMSI) Tax Rate (2010 - 2025)
Smith Micro Software's (SMSI) quarterly Tax Rate came in at 1.1% in Q4 2025, down 227.0% YoY from 0.87% in Q4 2024, and down 5602.53% on a QoQ basis from 0.02% in Q1 2025.
Smith Micro Software (SMSI) Tax Rate (2010 - 2025) Analysis & Trends
Smith Micro Software (SMSI) has 16 years of Tax Rate data on file, last reported at 1.1% in 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 slipped to 1.1% in Q4 2025, from 0.02% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 1.17% in Q4 2024 to a low of 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 tumbled 2263 bps — and 2024, when it soared 319 bps.
- Tracing SMSI's Tax Rate over 5 years: stood at 1.42% in 2021, then tumbled by 34 bps to 1.9% in 2022, then dropped by 6 bps to 2.02% in 2023, then jumped by 158 bps to 1.17% in 2024, then tumbled by 194 bps to 1.1% in 2025.
- The last three Tax Rate figures came in at 1.1% (Q4 2025), 0.02% (Q1 2025), and 1.17% (Q4 2024), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -27.76% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 15.38% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 22.57% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 25.63% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 31.96% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 0.37% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 22.20% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 23.50% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 24.29% |
| 10 | Smith Micro Software | 14.65 Mn | 12.91 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% |