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Companies / Information Technology / Smith Micro Software, Inc.
SMSI

Smith Micro Software, Inc.

Information TechnologyPrepackaged Software
Ticker SMSIPITTSBURGH, PAFiscal year ends DecemberBook value per share $1.40Diluted shares 12.4M

Smith Micro Software, Inc. (Nasdaq: SMSI) provides mobile software solutions to wireless service providers, including mobile network operators and cable operators, which distribute them to subscribers. Its SafePath platform offers family safety and connected-device management features such as location tracking,… From the company’s description.

Over the twelve months to Jun 30, 2026, Smith Micro Software, Inc. reported revenue of $16.88M, down 9.5% from a year earlier, and a net loss of $15.63M. Its operating margin was −86.4%, and operations used $8.96M in cash. In fiscal 2025, it reported revenue of $17.36M, down 15.5% from fiscal 2024, and a net loss of $29.33M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$17.36MFY2025
−15.5% year over year
Last 12 mo $16.88M
-167.09%FY2025
+73.2 percentage points
Last 12 mo -86.41%
$-29.33MFY2025
+39.8% year over year
Last 12 mo $-15.63M
-99.22%FY2025
−38.6 percentage points
Last 12 mo -90.19%
Cash & financing
$-7.19MFY2025
+49.7% year over year
Last 12 mo $-8.96M
$-7.28MFY2025
+49.1% year over year
Last 12 mo $-9.09M
0.05FY2025
Last 12 mo 0.12
—

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Smith Micro Software, Inc. does

In the company’s own words

Smith Micro Software, Inc. (Nasdaq: SMSI) provides mobile software solutions to wireless service providers, including mobile network operators and cable operators, which distribute them to subscribers. Its SafePath platform offers family safety and connected-device management features such as location tracking, parental controls, driver safety, and tools for children’s and senior phones. CommSuite provides visual voicemail, voice-to-text transcription, and premium messaging services for mobile subscribers. The company divested ViewSpot, its wireless retail display management product, in June 2025. Smith Micro has one reportable operating segment, Wireless, and its operator customers are its primary distribution channel. The company had 118 employees as of December 31, 2025. Its website is www.smithmicro.com.

Company details
Sector
Information Technology
Industry (SIC)
Prepackaged Software
Headquarters
PITTSBURGH, PA
Fiscal year end
December
CIK
948708
SIC
7372

Financial performance, year by year

Fiscal 2011–2025 · USD
$-181.41M$-116.00M$-50.59M$14.82M$80.22M201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Smith Micro Software, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

3
funds hold it
0 of 35
superinvestors hold it
$0.36M
held by funds, at market
2.4%
of shares held by funds

Largest fund holders · Smith Micro Software, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD INSTITUTIONAL TOTAL STOCK MARKET INDEX FUND
VITNX · VANGUARD INSTITUTIONAL INDEX FUNDS
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Smith Micro Software, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Smith Micro Software, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
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