Delisting risk
Smith Micro Software (SMSI)
Powers carrier-branded family safety and visual voicemail services.
$2.80
Pre-market−0.05 (−1.75%)
At close$2.85(+0.35%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 11 | 9 | 6 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 4 |
| Cost of revenue | 3 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Gross profit | 8 | 6 | 4 | 4 | 3 | 4 | 3 | 3 | 3 | 3 | 3 | 4 |
| 11 | 12 | 35 | 11 | 10 | 8 | 9 | 18 | 8 | 7 | 6 | 6 | |
| Research & development | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 2 | 1 |
| 5 | 6 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | |
| Selling & marketing | 2 | 2 | 3 | 3 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
| General & administrative | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 3 | 2 | 2 | 2 | 2 |
| Other expenses | 2 | 2 | 26 | 2 | 1 | 1 | 1 | 11 | 1 | 1 | 0 | 1 |
| Operating income | −2 | −6 | −31 | −7 | −7 | −4 | −5 | −15 | −4 | −4 | −2 | −2 |
| −3 | −1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −1 | 0 | |
| Interest income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest expense | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Other non-operating income | 1 | 0 | −24 | 0 | 0 | 0 | 0 | −10 | 0 | −10 | 1 | 0 |
| Income before tax | −5 | −7 | −31 | −7 | −6 | −4 | −5 | −15 | −5 | −5 | −4 | −3 |
| Income tax expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income from continuing operations | −5 | −7 | −31 | −7 | −6 | −4 | −5 | −15 | −5 | −5 | −4 | −3 |
| Net income | −5 | −7 | −31 | −7 | −6 | −4 | −5 | −15 | −5 | −5 | −4 | −3 |
| EPS, basic | −$0.64 | −$4.00 | −$16.40 | −$3.30 | −$2.70 | −$1.25 | −$2.10 | −$3.90 | −$1.25 | −$1.00 | −$0.75 | −$0.52 |
| EPS, diluted | −$0.61 | −$3.70 | −$16.40 | −$3.30 | −$2.70 | −$1.25 | −$2.10 | −$3.90 | −$1.25 | −$1.00 | −$0.75 | −$0.52 |
| Weighted average shares, basic | 8 | 2 | 2 | 2 | 2 | 2 | 2 | 4 | 4 | 5 | 5 | 5 |
| Weighted average shares, diluted | 8 | 2 | 2 | 2 | 2 | 2 | 2 | 4 | 4 | 5 | 5 | 5 |
| EBITDA | −2 | −3 | −6 | −5 | −5 | −3 | −4 | −4 | −3 | 7 | −2 | −1 |
| Depreciation & amortization | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBIT | −4 | −6 | −7 | −7 | −6 | −4 | −5 | −5 | −4 | 5 | −3 | −2 |
