SM
SMSI.O
—
NASDAQ
Software
Smith Micro Software Inc
Last 30 days
1D5D1M3M6MYTD1Y5YMax
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Mcap
68,9M USD
P/E
—
EV / Rev
—
Div yield
—
Op margin
-167,1 %
ROE
-159,5 %
Net margin
-168,9 %
Debt / equity
0,05
Beta
—
52w range
—
Volume
8
Day range
—
Prev close
$0,80
Open
—
Next earnings
2026-07-28
Ex-dividend
—
TR 1Y
—
About
Smith Micro Software Inc provides software solutions for mobile and cloud communications, including messaging, voice, and data services.
Business. Smith Micro Software Inc (SMSI.O) is a technology company operating in the Software & IT Services industry, primarily engaged in software activities. The firm utilizes a subscription-based revenue model, with key performance indicators including annual recurring revenue and net revenue retention. Specific details regarding operating segments and geographic mix are not available. The company is listed under the ticker SMSI.O.
Classification92 %
SectorTechnology
Business sectorSoftware & IT Services
IndustrySoftware
Generated · model-assisted
Sell-side consensus
BUY2 analysts
2 buy0 hold0 sell
Avg 12m price target3,25
Analyst recommendations
2 analysts · consensus BuyBuy2
Hold0
Sell0
12-month price target
3,25
Consensus of sell-side coverage.
At a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
— missing data
News & coverage
0Sector rotation
Sector1D1Mvs mkt
Materials+2,2 %+1,6 %+2,4 %
Energy+1,2 %+5,3 %+1,4 %
Real Estate+0,7 %+4,1 %+0,8 %
Health Care+0,6 %−0,5 %+0,8 %
Consumer Discretionary+0,3 %+8,7 %+0,5 %
Information Technology · THIS SECTOR−0,3 %+6,5 %−0,1 %
Financials−0,3 %−4,5 %−0,1 %
Consumer Staples−1,0 %+3,0 %−0,8 %
Utilities−1,5 %−21,2 %−1,3 %
Industrials−1,7 %−2,3 %−1,6 %
Communication Services———
Developing storylines
No tracked sagas currently linked to SMSI.O. Browse all sagas →
Analysis
AI analysis
Generated · analysis pipeline · tier hybrid · as of 2026-07-07
↑ At a glance
Opportunity
— missing data
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Company
- EarningsQ2 2026 earnings (expected)2026-07-28 · estimated
- Peers
- EarningsQ2 2026 earnings (expected)2026-07-28 · estimated · ServiceNow (NOW)
- EarningsQ2 2026 earnings (expected)2026-08-28 · estimated · Salesforce (CRM)
- Macro
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-07-08 · AU
- Rate decisionBank of Canada rate decision (press conf.)2026-07-15 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-07-16 · EU
- Rate decisionBank of Japan rate decision (press conf.)2026-07-16 · JP
- Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
— missing data
Signals & dispatch
peak dispatch · —
Composite-score breakdown
Composite score52 / 100
Composite score 0-100 · Data quality 0,60
Data quality0,60 / 1.00
Synthesis
Business
Smith Micro Software Inc (SMSI.O) is a technology company operating in the Software & IT Services industry, primarily engaged in software activities. The firm utilizes a subscription-based revenue model, with key performance indicators including annual recurring revenue and net revenue retention. Specific details regarding operating segments and geographic mix are not available. The company is listed under the ticker SMSI.O.
Classification92 %
SectorTechnology
Business sectorSoftware & IT Services
IndustrySoftware
AI synthesis
GENERATEDSmith Micro Software Inc has a market capitalization of $22.13 million and a price-to-book ratio of 1.2, indicating a market valuation that is slightly above its book value. The company's liquidity position is weak, as evidenced by a current ratio of 0.74, suggesting that it may struggle to meet short-term obligations with its current assets. The company's cash and equivalents amount to $1.49 million, which is relatively low compared to its total liabilities of $6.58 million.
The company's profitability is negative, with a net income of -$29.33 million and an operating income of -$29.01 million, indicating significant operational losses. The return on equity is -1.59, and the return on assets is -1.17, both of which are well below industry norms and suggest poor capital efficiency. The gross profit of $12.86 million is insufficient to cover operating expenses, contributing to the company's negative operating cash flow of -$7.19 million.
Smith Micro's revenue is concentrated in a single business segment, with no disclosed geographic diversification in the provided data. The company's revenue of $17.36 million is significantly lower than that of its competitors, such as Microsoft, Salesforce, and ServiceNow, which are not quantified in the provided data. The lack of segment and geographic diversification increases the company's exposure to market-specific risks.
The company's growth trajectory is uncertain, with no specific numeric deltas provided for the current or next fiscal year. The negative free cash flow of -$24.79 million and a capital expenditure of -$88,000 indicate that the company is not generating sufficient cash to fund its operations or investments. The absence of positive cash flow and the presence of significant net losses suggest a challenging path to sustainable growth.
The risk assessment indicates low liquidity and dilution risks, with no immediate filing-based flags detected. However, the company's negative net income and operating cash flow suggest potential liquidity constraints in the near term. The dilution potential is low, but the company's financial position may necessitate additional capital raising in the future. The absence of recent filings or transcripts limits the visibility into the company's strategic direction and operational performance.
Key takeaways
- Smith Micro Software Inc is operating at a significant loss, with a net income of -$29.33 million and an operating income of -$29.01 million.
- The company's liquidity position is weak, as indicated by a current ratio of 0.74 and a negative operating cash flow of -$7.19 million.
- The company's market valuation is slightly above book value, with a price-to-book ratio of 1.2, but its profitability metrics are poor.
- Smith Micro's revenue is concentrated in a single business segment, and there is no disclosed geographic diversification.
- The company's growth trajectory is uncertain, with no specific numeric deltas provided for the current or next fiscal year.
Bull / Bear case
Generated · model-assisted— missing data
In focus — financials by report
Valuation
Market price
$2,69
Market cap
$22.1M
Enterprise valueⓘ
$21.6M
P/Eⓘ
—
Non-GAAP P/Eⓘ
—
EV / Revenueⓘ
—
EV / Op incomeⓘ
—
EV / OCFⓘ
—
P / Bⓘ
1.2x
P / Tangible bookⓘ
1.2x
Tangible book
$18.4M
Net cashⓘ
$487.0k
Current ratioⓘ
0.7
Debt / equityⓘ
0.1
ROAⓘ
-1.2%
ROEⓘ
-1.6%
Cash conversionⓘ
25.0%
CapEx / revenueⓘ
-0.5%
SBC / revenueⓘ
—
Dilution ratioⓘ
0.0%
Revenue by segment
Business relationships
— missing data
Supply chain
— missing data
Peer comparison
Peer comparison8 peers · vs SMSI · multiples and returns
MS
MSFT—
MICROSOFT CORPORATION
$388,45
2,90T USDP/E
32,3x
— vs self
Div yield
0,9 %
— vs self
ROE
23,6 %
+183,1 vs self
OR
ORCL—
ORACLE CORPORATION
$188,91
543,3B USDP/E
180,2x
— vs self
Div yield
1,2 %
— vs self
ROE
36,1 %
+195,6 vs self
AD
ADBE—
ADOBE INC.
$219,66
89,3B USDP/E
27,1x
— vs self
Div yield
—
— vs self
ROE
31,3 %
+190,7 vs self
SE
SE—
Sea Ltd
—
—P/E
—
— vs self
Div yield
—
— vs self
ROE
—
— vs self
NO
NOW—
Servicenow Inc
$100,03
104,0B USDP/E
271,7x
— vs self
Div yield
—
— vs self
ROE
4,0 %
+163,5 vs self
WD
WDAY—
WORKDAY, INC.
$138,46
35,2B USDP/E
168,2x
— vs self
Div yield
—
— vs self
ROE
3,3 %
+162,8 vs self
PA
PANW—
Palo Alto Networks Inc
$359,50
291,6B USDP/E
727,5x
— vs self
Div yield
—
— vs self
ROE
6,2 %
+165,7 vs self
RO
ROP—
Roper Technologies Inc
$360,11
36,9B USDP/E
96,6x
— vs self
Div yield
1,0 %
— vs self
ROE
1,9 %
+161,3 vs self
Market position
Stress test
— missing data
Predictor forecast
Next quarternear-term
Earnings · next quarterconf 45 %
EPS
Consensus EPS
-0,47
Predicted surprise
+0,00
Beat probability
45 %
Analysts
2
Other metrics
Revenue
—
no estimate
Segment revenue
—
no estimate
Margin
—
no estimate
Segment margin
—
no estimate
as of 2026-05-04 · Earnings Surprise V1
Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
Full fiscal year~1 year ahead
Full fiscal year · our forecast vs guidance vs consensus
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | -0,47 |
| Revenue | —no estimate | —no estimate | 19,9M USD |
| Operating income | —no estimate | —no estimate | -10,2M USD |
Full-year consensus mean (period as reported by source) · consensus in USD. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
Probabilistic model output — not investment advice. · generated 2026-07-07
Options
— missing data
Short squeeze
— missing data
Earnings-call key lines
— missing data
Consensus distribution
sell-side coverageRecommendation distribution2 analysts
Strong buy0
Buy2
Hold0
Sell0
Strong sell0
12-month price target$3,25 · Median $3,25
Low $2,50High $4,00
Operating income · consensus-10,2M USD
EPS surprise
−210,6 %
reported vs consensus · miss
Revenue surprise
−13,0 %
reported vs consensus · miss
Estimate revisions
consensus EPS · 26-week trend— missing data
Sell-side observations
Low$2,50
Mean$3,25
Median$3,25
High$4,00
Spot$2,69
+20.8 %implied to mean12-month sell-side price targets · ▲ spot
Themes
— missing data
ESG
— missing data
Risk factors
Dilution riskLow
Liquidity riskLow
Filing-based flags
- No immediate filing-based liquidity or dilution flags were detected.
Benchmarks vs cohort
Op Margin-167,1 %Bottom quartile
Net Margin-168,9 %Bottom quartile
ROE-159,5 %Bottom quartile
Capex / Rev-0,5 %Above P75
D/E0,05Above median
Cash Conv0,25Below median
Corporate actions / M&A
— missing data
FX exposure
— missing data
Comparable transactions
— missing data
Derivatives & instruments
Derivative transactions
Net acquired 17 363 015 sh6 grants3 insiders
- Director, President and CEO, 10% owner · Common stock purchase warrant → Common stockAcquired 8 818 254 @ $0,68grant · 2026-03-10
- Director, President and CEO, 10% owner · Secured convertible note → Common stockAcquired 6 743 371 @ $0,68grant · 2026-03-10
- Director · Stock option (right to buy) → Common stockAcquired 12 500 @ $0,69grant · 2026-03-09
- VP, COO, CFO and Treasurer · Secured convertible note → Common stockAcquired 133 781 @ $0,68grant · 2026-03-06
- VP, COO, CFO and Treasurer · Common stock purchase warrant → Common stockAcquired 174 944 @ $0,68grant · 2026-03-06
- Director, President and CEO, 10% owner · Common stock purchase warrant → Common stockAcquired 1 480 165 @ $0,68grant · 2026-02-03
Actions
Ask Handelsavisen
— missing data
Data sources
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
How metrics are computed
- Return On Equitynet_income / total_equity
- Price To Bookmarket_price / (adjusted_book_value / shares_outstanding_diluted)
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- Market Capmarket_price * shares_outstanding_diluted
- Ev To Revenueenterprise_value / revenue
Source documents
- Smith Micro Software Inc Market data — financials · 2026-05-29
- Smith Micro Software Inc Market data — analyst estimates · 2026-05-29
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,00 %$0M
- Brokerage Firms · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2024-06-300,00 %$0M
- Investment Managers · as of 2025-12-310,00 %$0M
- Brokerage Firms · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
Insider activity
Mixed / flat0 buys · 0 sellsnet $09 insiders · last 365d
- President and CEO · Common stockOther 588 @ $0,87$511 · 2026-05-14
- Director, Executive Chairman, 10% owner · Common stockOther 1 618 @ $0,87$1K · 2026-05-14
- VP, CFO and Treasurer · Common stockOther 1 850 @ $0,87$2K · 2026-05-14
- Director, Executive Chairman, 10% owner · Common stockOther 1 618 @ $0,70$1K · 2026-04-27
- VP, CFO and Treasurer · Common stockOther 6 761 @ $0,72$5K · 2026-04-27
- President and CEO · Common stockOther 588 @ $0,70$412 · 2026-04-27
- VP, CFO and Treasurer · Common stockOther 20 000 · 2026-03-31
- Director, President and CEO, 10% owner · Common stockOther 4 943 @ $0,85$4K · 2026-03-13
- VP, COO, CFO and Treasurer · Common stockOther 1 788 @ $0,85$2K · 2026-03-13
- Director · Common stockOther 12 500 · 2026-03-09
- Director · Common stockOther 12 500 · 2026-03-09
- Director · Common stockOther 12 500 · 2026-03-09
- Director · Common stockOther 12 500 · 2026-03-09
- Director · Common stockOther 12 500 · 2026-03-09
- Director · Common StockOther 12 500 · 2026-03-09
- VP, COO, CFO and Treasurer · Common stockOther 5 261 · 2026-03-04
- Director, President and CEO, 10% owner · Common stockOther 12 626 · 2026-03-04
- Director, President and CEO, 10% owner · Common stockOther 43 366 @ $0,52$23K · 2026-02-27
- VP, COO, CFO and Treasurer · Common stockOther 27 010 @ $0,51$14K · 2026-02-27
- VP, COO, CFO and Treasurer · Common stockOther 7 280 · 2026-02-21
- Director, President and CEO, 10% owner · Common stockOther 9 706 · 2026-02-21
Short positioning
402.9Kshares short-15.2% vs prior
1days to cover
21.6%short of daily vol
95.4Kfails-to-deliver
as of 2026-06-15 · short-interest report (free)
Geographic breakdown
— missing data
Listings · one canonical issuer
all listings resolve to the canonical
SMSI.OCanonical
NASDAQ · USD
Intel & risk
peak dispatch · —
OSINT findings
Dilution riskLow
Liquidity riskLow
No immediate filing-based liquidity or dilution flags were detected.
Relationship graph
This companyPeerSector
Evidence & claims
From filings & derived data- Total assets (YoY) (2025-12-31 vs 2024-12-31): -48.0%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): -54.9%Derived (calculated)
- Revenue (YoY) (2025-12-31 vs 2024-12-31): -15.5%Derived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): 41.3%Derived (calculated)
- R&D expense (YoY) (2025-12-31 vs 2024-12-31): -23.9%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): 49.7%Derived (calculated)
- Net income (YoY) (2025-12-31 vs 2024-12-31): 38.2%Derived (calculated)
- Current ratio (FY 2025-12-31): 0.74xDerived (calculated)
- Gross profit (YoY) (2025-12-31 vs 2024-12-31): -10.9%Derived (calculated)
- Return on assets (FY 2025-12-31): -0.1%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): 62.9%Derived (calculated)
- Net margin (FY 2025-12-31): -0.2%Derived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): -46.8%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): 62.9%Derived (calculated)
- Cost of revenue (YoY) (2025-12-31 vs 2024-12-31): -26.5%Derived (calculated)
- Gross margin (FY 2025-12-31): 74.1%Derived (calculated)
- Capex (YoY) (2025-12-31 vs 2024-12-31): 340.0%Derived (calculated)
- Return on equity (FY 2025-12-31): -0.2%Derived (calculated)
- Cash & equivalents (annual): USD 1.49MSEC XBRL filing
- Net income (annual): USD -30.1KSEC XBRL filing
- Total operating expenses (annual): USD 41.87MSEC XBRL filing
- EPS (diluted) (annual): USD-PER-SHARES -1SEC XBRL filing
- Current liabilities (annual): USD 6.12MSEC XBRL filing
- Current assets (annual): USD 4.53MSEC XBRL filing
Showing 24 of 60 surfaced claims.
Atomic claims from regulatory filings and derived calculations. Provenance shown as source kind only.
The Thread
Everything we know, in order2026-07-28EVENTUpcomingQ2 2026 earnings (expected) estimated date
2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
2026-05-14 00:00 UTCINSIDER3 insider transactions — 2026-05
2026-05-14INSIDERHuffmyer Timothy C. transacted 588 sh — President and CEO ~$1k
2026-05-14INSIDERSMITH WILLIAM W JR transacted 1.6k sh — Director, Executive Chairman, 10% owner ~$1k
2026-05-14INSIDERBraund Bethany M transacted 1.9k sh — VP, CFO and Treasurer ~$2k
2026-04-27 00:00 UTCINSIDER3 insider transactions — 2026-04
2026-04-27INSIDERSMITH WILLIAM W JR transacted 1.6k sh — Director, Executive Chairman, 10% owner ~$1k
2026-04-27INSIDERBraund Bethany M transacted 6.8k sh — VP, CFO and Treasurer ~$5k
2026-04-27INSIDERHuffmyer Timothy C. transacted 588 sh — President and CEO ~$0k
2026-03-31 00:00 UTCINSIDER16 insider transactions — 2026-03 5 derivative
2026-03-31INSIDERBraund Bethany M transacted 20.0k sh — VP, CFO and Treasurer
2026-03-13INSIDERSMITH WILLIAM W JR transacted 4.9k sh — Director, President and CEO, 10% owner ~$4k
2026-03-13INSIDERHuffmyer Timothy C. transacted 1.8k sh — VP, COO, CFO and Treasurer ~$2k
2026-03-10INSIDERSMITH WILLIAM W JR acquired 8.82M sh Common stock purchase warrant — Director, President and CEO, 10% owner
2026-03-10INSIDERSMITH WILLIAM W JR acquired — Director, President and CEO, 10% owner
2026-03-09INSIDERKeddy Asha transacted 12.5k sh — Director
2026-03-09INSIDERSZABO GREGORY J transacted 12.5k sh — Director
2026-03-09INSIDERgulko samuel transacted 12.5k sh — Director
2026-03-09INSIDERElfman Steven Lawrence transacted 12.5k sh — Director
2026-03-09INSIDERCAMPBELL THOMAS G transacted 12.5k sh — Director
2026-03-09INSIDERArno Andrew transacted 12.5k sh — Director
2026-03-09INSIDERSharma Chetan acquired 12.5k sh Stock option (right to buy) — Director
2026-03-06INSIDERHuffmyer Timothy C. acquired 174.9k sh Common stock purchase warrant — VP, COO, CFO and Treasurer
2026-03-06INSIDERHuffmyer Timothy C. acquired — VP, COO, CFO and Treasurer
2026-03-04INSIDERHuffmyer Timothy C. transacted 5.3k sh — VP, COO, CFO and Treasurer
2026-03-04INSIDERSMITH WILLIAM W JR transacted 12.6k sh — Director, President and CEO, 10% owner
2026-02-27 00:00 UTCINSIDER5 insider transactions — 2026-02 1 derivative
2026-02-27INSIDERSMITH WILLIAM W JR transacted 43.4k sh — Director, President and CEO, 10% owner ~$23k
2026-02-27INSIDERHuffmyer Timothy C. transacted 27.0k sh — VP, COO, CFO and Treasurer ~$14k
2026-02-21INSIDERHuffmyer Timothy C. transacted 7.3k sh — VP, COO, CFO and Treasurer
Showing the 40 most recent of 45 entries.
The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-07-07
Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data
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