Symbols / SMSI Stock $0.72 -0.24% Smith Micro Software, Inc.

Technology • Software - Application • United States • NCM
SMSI (Stock) Chart
About

Smith Micro Software, Inc. develops and sells software solutions to simplify and enhance the mobile experience to wireless and cable service providers in the Americas, Europe, the Middle East, and Africa. The company offers SafePath OS, SafePath Kids, SafePath Family, SafePath Global, SafePath Drive, OS for senior phone, SafePath 8, drive, digital wellness, and SafePath IoT, which provides tools to protect digital lifestyles and manage connected devices inside and outside the home; and CommSuite, a messaging platform that helps mobile service provides deliver a next-generation voicemail experience to mobile subscribers, and CommSuite visual voicemail and premium visual voicemail, as well as enables multi-language voice-to-text (VTT) transcription messaging. It also engages in family safety cloud-based, and consulting services. Smith Micro Software, Inc. was founded in 1982 and is headquartered in Pittsburgh, Pennsylvania.

Fundamentals
Scroll to Statements
Sector Technology Industry Software - Application Market Cap 18.47M
Enterprise Value 19.31M Income -30.10M Sales 17.36M
Book/sh 0.71 Cash/sh 0.06 Dividend Yield —
Payout 0.00% Employees 118 IPO —
P/E — Forward P/E 3.58 PEG —
P/S 1.06 P/B 1.01 P/C —
EV/EBITDA -1.40 EV/Sales 1.11 Quick Ratio 0.54
Current Ratio 0.74 Debt/Eq 12.71 LT Debt/Eq —
EPS (ttm) -1.46 EPS next Y 0.20 EPS Growth —
Revenue Growth -20.00% Earnings 2026-05-06 ROA -32.95%
ROE -99.17% ROIC — Gross Margin 74.05%
Oper. Margin -109.81% Profit Margin -168.91% Shs Outstand 25.76M
Shs Float 18.89M Short Float 1.16% Short Ratio 0.44
Short Interest — 52W High 1.30 52W Low 0.41
Beta 0.50 Avg Volume 327.67K Volume 64.15K
Target Price $2.50 Recom None Prev Close $0.72
Price $0.72 Change -0.24%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$2.50
Mean price target
2. Current target
$0.71
Latest analyst target
3. DCF / Fair value
$0.60
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.71
Low
$2.00
High
$3.00
Mean
$2.50

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2024-11-14 reit Benchmark Buy → Buy $5
2024-03-22 main Benchmark Buy → Buy $3
2023-11-10 main Benchmark Buy → Buy $4
2023-09-13 reit Roth MKM Buy → Buy $5
2023-08-31 reit Benchmark Buy → Buy $5
2023-08-07 reit Benchmark Buy → Buy $4
2023-03-07 reit Benchmark — → Buy $5
2023-02-28 main Roth MKM — → Buy $6
2023-02-28 main B. Riley Securities — → Buy $2
2022-11-29 init Benchmark — → Buy $5
2022-11-10 down Lake Street Buy → Hold $2
2022-03-11 main Lake Street — → Buy $6
2022-03-11 main Dawson James — → Buy $8
2021-08-05 init Dawson James — → Buy $11
2021-04-27 init Benchmark — → Buy $9
2020-04-27 main B. Riley Securities — → Buy $8
2020-03-06 main B. Riley Securities — → Buy $9
2019-07-26 main Chardan Capital — → Buy $8
2019-07-19 init B. Riley Securities — → Buy $5
2019-07-19 init B. Riley Securities — → Buy $5
News
RSS: Latest SMSI news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-09 CAMPBELL THOMAS G Director — 12,500 $0.00 $0
2026-03-09 GULKO SAMUEL Director — 12,500 $0.00 $0
2026-03-09 ARNO ANDREW Director — 12,500 $0.00 $0
2026-03-09 SZABO GREGORY J Director — 12,500 $0.00 $0
2026-03-09 ELFMAN STEVEN LAWRENCE Director — 12,500 $0.00 $0
2026-03-09 KEDDY ASHA Director — 12,500 $0.00 $0
2025-12-11 SMITH WILLIAM W JR Chief Executive Officer — 75,294 $0.58 $44,600
2025-12-09 SMITH WILLIAM W JR Chief Executive Officer — 119,049 $0.00 $0
2025-12-09 HUFFMYER TIMOTHY C Chief Operating Officer — 75,398 $0.00 $0
2025-11-07 SMITH WILLIAM W JR Chief Executive Officer — 2,236,136 $0.67 $1,500,000
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
17.36
-15.53%
20.55
-49.70%
40.86
-15.77%
48.51
Operating Revenue
17.36
-15.53%
20.55
-49.70%
40.86
-15.77%
48.51
Cost Of Revenue
4.50
-26.46%
6.13
-41.98%
10.56
-25.69%
14.21
Reconciled Cost Of Revenue
4.50
-26.30%
6.11
-41.85%
10.51
-25.50%
14.11
Gross Profit
12.86
-10.89%
14.43
-52.38%
30.30
-11.66%
34.30
Operating Expense
32.10
-19.40%
39.83
-17.64%
48.36
-25.87%
65.23
Research And Development
10.72
-23.90%
14.09
-17.85%
17.14
-41.66%
29.39
Selling General And Administration
15.99
-17.85%
19.46
-18.47%
23.87
-15.93%
28.39
Selling And Marketing Expense
5.98
-32.66%
8.88
-19.95%
11.09
-13.93%
12.88
General And Administrative Expense
10.01
-5.42%
10.58
-17.18%
12.78
-17.59%
15.51
Other Gand A
10.01
-5.42%
10.58
-17.18%
12.78
-17.59%
15.51
Total Expenses
36.61
-20.34%
45.96
-22.00%
58.92
-25.83%
79.44
Operating Income
-19.25
+24.23%
-25.40
-40.69%
-18.05
+41.62%
-30.93
Total Operating Income As Reported
-29.01
+41.26%
-49.39
-173.55%
-18.05
+41.62%
-30.93
EBITDA
-13.85
+27.51%
-19.10
-79.18%
-10.66
+43.35%
-18.82
Normalized EBITDA
-4.26
-194.35%
4.52
+141.50%
-10.88
+53.66%
-23.49
Reconciled Depreciation
5.40
-14.30%
6.30
-14.81%
7.39
-2.13%
7.56
EBIT
-19.25
+24.23%
-25.40
-40.69%
-18.05
+31.54%
-26.37
Total Unusual Items
-9.59
+59.41%
-23.62
-10690.58%
0.22
-95.22%
4.67
Total Unusual Items Excluding Goodwill
-9.59
+59.41%
-23.62
-10690.58%
0.22
-95.22%
4.67
Special Income Charges
-9.77
+59.29%
-23.99
-501.08%
-3.99
0.00
Other Special Charges
—
—
3.99
—
Impairment Of Capital Assets
11.05
-53.93%
23.99
0.00
—
Restructuring And Mergern Acquisition
—
—
—
0.00
Net Income
-29.33
+39.78%
-48.70
-99.61%
-24.40
+16.68%
-29.28
Pretax Income
-29.40
+39.64%
-48.71
-100.97%
-24.24
+16.57%
-29.05
Net Non Operating Interest Income Expense
-0.41
-463.39%
0.11
+101.76%
-6.35
-137.09%
-2.68
Interest Expense Non Operating
—
—
6.35
+137.09%
2.68
Net Interest Income
-0.41
-463.39%
0.11
+101.76%
-6.35
-137.09%
-2.68
Interest Expense
—
—
6.35
+137.09%
2.68
Interest Income Non Operating
—
—
—
—
Interest Income
—
—
—
—
Other Income Expense
-9.75
+58.37%
-23.42
-13796.49%
0.17
-96.25%
4.55
Other Non Operating Income Expenses
-0.16
-183.67%
0.20
+476.92%
-0.05
+54.78%
-0.12
Gain On Sale Of Security
0.18
-51.88%
0.37
-91.17%
4.21
-9.75%
4.67
Gain On Sale Of Business
1.29
0.00
—
—
Tax Provision
-0.08
-484.62%
-0.01
-108.23%
0.16
-30.09%
0.23
Tax Rate For Calcs
0.00
+873.78%
0.00
-99.87%
0.00
+0.00%
0.00
Tax Effect Of Unusual Items
-0.02
-295.42%
-0.01
-113.46%
0.05
-95.22%
0.98
Net Income Including Noncontrolling Interests
-29.33
+39.78%
-48.70
-99.61%
-24.40
+16.68%
-29.28
Net Income From Continuing Operation Net Minority Interest
-29.33
+39.78%
-48.70
-99.61%
-24.40
+16.68%
-29.28
Net Income From Continuing And Discontinued Operation
-29.33
+39.78%
-48.70
-99.61%
-24.40
+16.68%
-29.28
Net Income Continuous Operations
-29.33
+39.78%
-48.70
-99.61%
-24.40
+16.68%
-29.28
Normalized Income
-19.77
+21.21%
-25.09
-2.09%
-24.57
+25.47%
-32.97
Net Income Common Stockholders
-30.10
+38.20%
-48.70
-99.61%
-24.40
+16.68%
-29.28
Diluted EPS
-1.46
+62.94%
-3.94
-29.61%
-3.04
+28.30%
-4.24
Basic EPS
-1.46
+62.94%
-3.94
-29.61%
-3.04
+28.30%
-4.24
Basic Average Shares
20.61
+66.61%
12.37
+52.41%
8.11
+17.13%
6.93
Diluted Average Shares
20.61
+66.61%
12.37
+52.41%
8.11
+17.13%
6.93
Diluted NI Availto Com Stockholders
-30.10
+38.20%
-48.70
-99.61%
-24.40
+16.68%
-29.28
Amortization
—
—
—
6.31
Amortization Of Intangibles Income Statement
—
—
—
6.31
Depreciation Amortization Depletion Income Statement
5.40
-14.11%
6.29
-14.43%
7.34
-1.44%
7.45
Depreciation And Amortization In Income Statement
5.40
-14.11%
6.29
-14.43%
7.34
-1.44%
7.45
Gain On Sale Of PPE
—
—
—
—
Preferred Stock Dividends
0.77
—
—
—
Total Other Finance Cost
0.41
+463.39%
-0.11
-101.76%
6.35
+137.09%
2.68
Line Item Trend 2023-12-31
Total Assets
85.58
Current Assets
16.88
Cash Cash Equivalents And Short Term Investments
7.12
Cash And Cash Equivalents
7.12
Receivables
7.91
Accounts Receivable
7.91
Gross Accounts Receivable
7.92
Allowance For Doubtful Accounts Receivable
-0.00
Prepaid Assets
—
Other Current Assets
1.84
Total Non Current Assets
68.70
Net PPE
3.64
Gross PPE
11.65
Accumulated Depreciation
-8.01
Properties
0.00
Machinery Furniture Equipment
7.46
Construction In Progress
—
Other Properties
2.76
Leases
1.44
Goodwill And Other Intangible Assets
64.57
Goodwill
35.04
Other Intangible Assets
29.53
Other Non Current Assets
0.48
Total Liabilities Net Minority Interest
10.19
Current Liabilities
7.64
Payables And Accrued Expenses
5.02
Payables
2.52
Accounts Payable
2.52
Current Accrued Expenses
2.50
Current Debt And Capital Lease Obligation
1.48
Current Debt
—
Other Current Borrowings
—
Current Capital Lease Obligation
1.48
Current Deferred Liabilities
—
Current Deferred Revenue
—
Other Current Liabilities
1.14
Total Non Current Liabilities Net Minority Interest
2.54
Long Term Debt And Capital Lease Obligation
1.78
Long Term Capital Lease Obligation
1.78
Non Current Deferred Liabilities
0.17
Non Current Deferred Taxes Liabilities
0.17
Stockholders Equity
75.39
Common Stock Equity
75.39
Capital Stock
0.01
Common Stock
0.01
Share Issued
9.35
Ordinary Shares Number
9.35
Treasury Shares Number
0.00
Additional Paid In Capital
381.33
Retained Earnings
-305.95
Total Equity Gross Minority Interest
75.39
Total Capitalization
75.39
Working Capital
9.24
Invested Capital
75.39
Total Debt
3.26
Capital Lease Obligations
3.26
Net Tangible Assets
10.82
Tangible Book Value
10.82
Current Notes Payable
—
Derivative Product Liabilities
0.60
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
-7.19
+49.68%
-14.29
-105.01%
-6.97
+63.80%
-19.26
Cash Flow From Continuing Operating Activities
-7.19
+49.68%
-14.29
-105.01%
-6.97
+63.80%
-19.26
Net Income From Continuing Operations
-29.33
+39.78%
-48.70
-99.61%
-24.40
+16.68%
-29.28
Depreciation Amortization Depletion
5.40
-14.30%
6.30
-14.81%
7.39
-2.13%
7.56
Depreciation And Amortization
5.40
-14.30%
6.30
-14.81%
7.39
-2.13%
7.56
Other Non Cash Items
0.25
+182.89%
-0.30
-105.24%
5.80
+92.25%
3.02
Stock Based Compensation
3.61
-19.85%
4.50
-6.87%
4.83
-2.28%
4.95
Provisionand Write Offof Assets
—
—
—
0.00
Asset Impairment Charge
11.05
-53.93%
23.99
0.00
—
Deferred Tax
-0.13
-220.00%
-0.04
-300.00%
-0.01
-116.39%
0.06
Deferred Income Tax
-0.13
-220.00%
-0.04
-300.00%
-0.01
-116.39%
0.06
Operating Gains Losses
-1.47
-157.19%
-0.57
-170.14%
-0.21
+95.48%
-4.67
Gain Loss On Investment Securities
-0.18
+51.88%
-0.37
+91.17%
-4.21
+9.75%
-4.67
Gain Loss On Sale Of PPE
0.00
+100.00%
-0.20
-1750.00%
0.01
+200.00%
0.00
Change In Working Capital
3.42
+551.91%
0.52
+235.05%
-0.39
+56.89%
-0.90
Change In Receivables
3.90
+78.23%
2.19
-15.37%
2.59
+2945.88%
0.09
Changes In Account Receivables
3.90
+78.23%
2.19
-15.37%
2.59
+2945.88%
0.09
Change In Prepaid Assets
0.25
-31.58%
0.36
+2908.33%
0.01
+148.00%
-0.03
Change In Payables And Accrued Expense
-0.74
+63.71%
-2.03
+28.21%
-2.83
-152.23%
-1.12
Change In Payable
-0.74
+63.71%
-2.03
+28.21%
-2.83
—
Change In Account Payable
-0.74
+63.71%
-2.03
+28.21%
-2.83
—
Change In Other Working Capital
—
—
—
—
Change In Other Current Liabilities
—
-0.09
+42.68%
-0.16
-202.50%
0.16
Investing Cash Flow
1.20
+573.60%
0.18
+34.85%
0.13
+14.78%
0.12
Cash Flow From Continuing Investing Activities
1.20
+573.60%
0.18
+34.85%
0.13
+14.78%
0.12
Capital Expenditure
-0.09
-340.00%
-0.02
-400.00%
-0.00
+91.84%
-0.05
Capital Expenditure Reported
-0.09
-340.00%
-0.02
-400.00%
-0.00
+91.84%
-0.05
Net Investment Purchase And Sale
—
—
—
—
Purchase Of Investment
—
—
—
—
Net Business Purchase And Sale
1.29
0.00
—
0.00
Purchase Of Business
—
—
—
0.00
Gain Loss On Sale Of Business
-1.29
0.00
—
—
Net Intangibles Purchase And Sale
0.00
-100.00%
0.20
0.00
—
Net Other Investing Changes
—
—
0.14
-17.07%
0.16
Financing Cash Flow
4.68
-52.24%
9.80
+16433.33%
-0.06
-100.35%
17.09
Cash Flow From Continuing Financing Activities
4.68
-52.24%
9.80
+16433.33%
-0.06
-100.35%
17.09
Net Issuance Payments Of Debt
1.33
0.00
0.00
-100.00%
15.00
Issuance Of Debt
1.33
0.00
0.00
-100.00%
15.00
Long Term Debt Issuance
1.33
0.00
0.00
-100.00%
15.00
Net Long Term Debt Issuance
1.33
0.00
0.00
-100.00%
15.00
Net Common Stock Issuance
—
—
0.00
-100.00%
3.00
Proceeds From Stock Option Exercised
—
—
—
0.00
Net Other Financing Charges
-0.01
+87.18%
-0.04
+35.00%
-0.06
+93.38%
-0.91
Changes In Cash
-1.31
+69.56%
-4.32
+37.44%
-6.90
-236.31%
-2.05
Beginning Cash Position
2.81
-60.59%
7.12
-49.20%
14.03
-12.76%
16.08
End Cash Position
1.49
-46.79%
2.81
-60.59%
7.12
-49.20%
14.03
Free Cash Flow
-7.28
+49.14%
-14.31
-105.17%
-6.98
+63.87%
-19.31
Interest Paid Supplemental Data
—
0.00
-100.00%
15.00
—
Income Tax Paid Supplemental Data
—
0.00
-100.00%
0.19
-26.09%
0.25
Common Stock Issuance
—
—
0.00
-100.00%
3.00
Issuance Of Capital Stock
3.35
-65.93%
9.84
0.00
-100.00%
3.00
Net Preferred Stock Issuance
3.35
-65.93%
9.84
0.00
—
Preferred Stock Issuance
3.35
-65.93%
9.84
0.00
—
Sale Of Business
1.29
0.00
—
—
Sale Of Intangibles
0.00
-100.00%
0.20
0.00
—
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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