Financials in USD. Standardized financial statements.
A compact view of how Smith Micro Software, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $17.36M | $20.55M | $40.86M | $48.51M | $58.42M | $51.30M | $43.35M | $26.29M | $22.97M | $28.23M |
| Revenue Growth? | -15.5% | -49.7% | -15.8% | -17.0% | +13.9% | +18.4% | +64.9% | +14.4% | -18.6% | 0.0% |
| Cost of Revenue? | $4.50M | $6.13M | $10.56M | $14.21M | $12.70M | $5.19M | $3.93M | $4.33M | $5.08M | $7.56M |
| Gross Profit? | $12.86M | $14.43M | $30.30M | $34.30M | $45.72M | $46.11M | $39.42M | $21.95M | $17.89M | $20.67M |
| Gross Margin? | +74.1% | +70.2% | +74.2% | +70.7% | +78.3% | +89.9% | +90.9% | +83.5% | +77.9% | +73.2% |
| Operating Expenses? | $32.10M | $63.82M | $48.36M | $65.23M | $76.66M | $42.59M | $29.31M | $22.99M | $23.69M | $35.86M |
| Operating Income? | -$19.25M | -$49.39M | -$18.05M | -$30.93M | -$30.94M | $3.52M | $10.11M | -$1.21M | -$5.67M | -$15.90M |
| EBITDA? | -$13.85M | -$19.10M | -$10.66M | -$17.67M | -$8.74M | $7.10M | $11.64M | -$262,000 | -$4.88M | -$13.88M |
| Income Before Tax | -$29.40M | -$48.71M | -$24.24M | -$29.05M | -$30.83M | $4.33M | $10.80M | -$2.73M | -$7.21M | -$15.57M |
| Income Tax Expense | $693,000 | -$13,000 | $158,000 | $226,000 | $215,000 | $160,000 | $80,000 | $13,000 | -$546,000 | -$229,000 |
| Net Income? | -$30.10M | -$48.70M | -$24.40M | -$29.28M | -$31.04M | $4.17M | $10.72M | -$2.74M | -$6.66M | -$15.34M |
| EPS? | $-7.30 | $-19.70 | $-15.20 | $-21.20 | $-24.40 | $4.10 | $12.30 | $-4.90 | $-19.75 | $-51.35 |
| Diluted EPS? | $-7.30 | $-19.70 | $-15.05 | $-21.15 | $-24.25 | $4.00 | $11.60 | $-4.90 | $-19.75 | $-51.35 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality