Smith Micro Software (SMSI) Tax Rate (2010 - 2025)
Smith Micro Software posted quarterly Tax Rate of 1.1% for Q4 2025, down 137.0% year-on-year from 2.98% in Q4 2024, and down 5602.53% on a QoQ basis from 0.02% in Q1 2025.
Smith Micro Software (SMSI) has 16 years of Tax Rate data on file, last reported at 1.1% in Q4 2025.
- For the quarter ending Q4 2025, Tax Rate fell 137.0% year-over-year to 1.1%; the trailing twelve-month figure through Mar 2026 stood at 0.18% (down 23.0% YoY), and the FY2025 full-year result was 0.18%, down 12.0% from the prior year.
- Tax Rate for Q4 2025 stood at 1.1%, down from 0.02% in the prior quarter.
- Across five years, Tax Rate topped out at 0.27% in Q4 2024 and bottomed at 2.02% in Q4 2023.
- The 5-year median for Tax Rate is 0.27% (2023), against an average of 0.59%.
- Peak annual rise in Tax Rate reached 510 bps in 2021, while the deepest fall reached 2263 bps in 2021.
- A 5-year view of Tax Rate shows it stood at 1.42% in 2021, then slumped by 34 bps to 1.9% in 2022, then declined by 6 bps to 2.02% in 2023, then jumped by 113 bps to 0.27% in 2024, then tumbled by 508 bps to 1.1% in 2025.
- The last three Tax Rate figures came in at 1.1% (Q4 2025), 0.02% (Q1 2025), and 0.27% (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 25.31 |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 39.11 |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 8.36 |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 30.31 |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 21.59 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 22.01 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 23.68 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 24.29 |
| 10 | Smith Micro Software | 22.21 Mn | 20.47 Mn | 3.31 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -1.10 |
| Dec 31, 2025 | -1.10 |
| Mar 31, 2025 | -0.02 |
| Mar 31, 2025 | -0.02 |
| Dec 31, 2024 | 0.27 |
| Dec 31, 2024 | 0.27 |
| Mar 31, 2024 | -0.13 |
| Mar 31, 2024 | -0.13 |
| Dec 31, 2023 | -2.02 |
| Dec 31, 2023 | -2.02 |
| Sep 30, 2023 | -0.27 |
| Sep 30, 2023 | -0.27 |
| Jun 30, 2023 | -0.04 |
| Jun 30, 2023 | -0.04 |
| Mar 31, 2023 | -0.13 |
| Mar 31, 2023 | -0.13 |
| Dec 31, 2022 | -1.90 |
| Dec 31, 2022 | -1.90 |
| Sep 30, 2022 | -0.47 |
| Sep 30, 2022 | -0.47 |
| Jun 30, 2022 | -0.37 |
| Jun 30, 2022 | -0.37 |
| Mar 31, 2022 | -0.27 |
| Mar 31, 2022 | -0.27 |
| Dec 31, 2021 | -1.42 |
| Dec 31, 2021 | -1.42 |
| Sep 30, 2021 | -0.79 |
| Sep 30, 2021 | -0.79 |
| Jun 30, 2021 | -0.27 |
| Jun 30, 2021 | -0.27 |
| Dec 31, 2020 | -6.52 |
| Dec 31, 2020 | -6.52 |
| Sep 30, 2020 | 21.84 |
| Sep 30, 2020 | 21.84 |
| Dec 31, 2019 | -0.67 |
| Dec 31, 2019 | -0.67 |
| Jun 30, 2019 | 0.12 |
| Jun 30, 2019 | 0.12 |
| Mar 31, 2019 | 7.69 |
| Mar 31, 2019 | 7.69 |
| Dec 31, 2018 | -8.26 |
| Dec 31, 2018 | -8.26 |
| Sep 30, 2018 | -0.72 |
| Sep 30, 2018 | -0.72 |
| Jun 30, 2018 | -0.60 |
| Jun 30, 2018 | -0.60 |
| Mar 31, 2018 | -0.42 |
| Mar 31, 2018 | -0.42 |
| Dec 31, 2017 | -3.08 |
| Dec 31, 2017 | -3.08 |
| Sep 30, 2017 | -0.36 |
| Sep 30, 2017 | -0.36 |
| Jun 30, 2017 | -0.26 |
| Jun 30, 2017 | -0.26 |
| Mar 31, 2017 | -0.28 |
| Mar 31, 2017 | -0.28 |
| Dec 31, 2016 | 6.92 |
| Dec 31, 2016 | 6.92 |
| Sep 30, 2016 | -0.24 |
| Sep 30, 2016 | -0.24 |
| Jun 30, 2016 | -0.34 |
| Jun 30, 2016 | -0.34 |
| Mar 31, 2016 | -0.71 |
| Mar 31, 2016 | -0.71 |
| Dec 31, 2015 | -8.24 |
| Dec 31, 2015 | -8.24 |
| Sep 30, 2015 | -0.79 |
| Sep 30, 2015 | -0.79 |
| Jun 30, 2015 | -0.49 |
| Jun 30, 2015 | -0.49 |
| Mar 31, 2015 | 1,100.00 |
| Mar 31, 2015 | 1,100.00 |
| Dec 31, 2014 | 0.07 |
| Dec 31, 2014 | 0.07 |
| Sep 30, 2014 | 0.44 |
| Sep 30, 2014 | 0.44 |
| Jun 30, 2014 | -0.21 |
| Jun 30, 2014 | -0.21 |
| Mar 31, 2014 | -0.64 |
| Mar 31, 2014 | -0.64 |
| Dec 31, 2013 | -0.27 |
| Dec 31, 2013 | -0.27 |
| Sep 30, 2013 | -0.59 |
| Sep 30, 2013 | -0.59 |
| Jun 30, 2013 | -0.06 |
| Jun 30, 2013 | -0.06 |
| Mar 31, 2013 | -1.13 |
| Mar 31, 2013 | -1.13 |
| Dec 31, 2012 | 8.84 |
| Dec 31, 2012 | 8.84 |
| Sep 30, 2012 | -0.96 |
| Sep 30, 2012 | -0.96 |
| Jun 30, 2012 | -0.47 |
| Jun 30, 2012 | -0.47 |
| Mar 31, 2012 | -0.94 |
| Mar 31, 2012 | -0.94 |
| Dec 31, 2011 | -1.34 |
| Dec 31, 2011 | -1.34 |
| Sep 30, 2011 | -5.09 |
| Sep 30, 2011 | -5.09 |
| Jun 30, 2011 | -39.66 |
| Jun 30, 2011 | -39.66 |
| Mar 31, 2011 | 40.22 |
| Mar 31, 2011 | 40.22 |
| Dec 31, 2010 | 2.88 |
| Dec 31, 2010 | 2.88 |
| Sep 30, 2010 | 47.95 |
| Sep 30, 2010 | 47.95 |
| Jun 30, 2010 | 48.71 |
| Jun 30, 2010 | 48.71 |