Smith Micro Software (SMSI) Tax Rate (2010 - 2025)
Smith Micro Software (SMSI) reported Tax Rate of 1.1% for Q4 2025, down 137.0% on a YoY basis from 2.98% in Q4 2024, and down 5602.53% quarter-over-quarter from 0.02% in Q1 2025.
Smith Micro Software (SMSI) Tax Rate (2010 - 2025) Analysis & Trends
Smith Micro Software has reported Tax Rate for 16 years, with the latest figure 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.
- The five-year high for Tax Rate was 0.27% in Q4 2024, with the low at 2.02% in Q4 2023.
- Historically, Tax Rate has averaged 0.59% across 5 years, with a median of 0.27% in 2023.
- The largest YoY upside for Tax Rate was 510 bps in 2021 against a maximum downside of 2263 bps in 2021.
- Smith Micro Software's Tax Rate 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 soared by 113 bps to 0.27% in 2024, then plunged 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | - |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -18.42% |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 39.11% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 8.36% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 22.74% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 21.59% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 30.31% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 23.68% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 23.50% |
| 10 | Smith Micro Software | 77.98 Mn | 76.24 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% |