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SMITH MICRO SOFTWARE, INC.

SMSI

$2.89 ▲ +0.06 (+2.12%) at close

18 Visible periods

31 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Poor

Bearish

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Analytical Summary

SMITH MICRO SOFTWARE, INC. faces fundamental challenges with weakness in Return on Common Equity (%) and Profit Margin (%). The fundamentals warrant careful consideration of downside risks.

Market Cap $59.5M

Dividend Yield —

Revenue Growth -15.5% ↗

Op. Margin -167.1% ↗

ROIC -157.3% ↘

FCF / Share $-0.35 ↗

Trailing P/E —

Price / Book 4.1x

FCF Yield —

Debt / Equity —

info Valuation on last close. End-of-day price, Aug 7, 2026.

18-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$17.36M

↓ -15.5% —

Net Income Profit after all expenses

$-29.33M

↑ +39.8% —

Operating Margin Operating profit as % of sales

-167.1%

↑ +30.5% 1th

FCF / Share Free cash flow per share

$-0.35

↑ +69.5% —

Long-Term Debt Long-term obligations

$3.80M

↑ +46.2% —

trending_up

Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

Operating Margin (%)Operating Margin (%) is in the bottom quartile
Profit Margin (%)Profit Margin (%) is in the bottom quartile
Return on Common Equity (%)Return on Common Equity (%) is in the bottom quartile

Health Breakdown

Profitability ↓

Returns ↓

Cash Quality ↓

Financial view

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📈 Is growth accelerating? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Revenue Growth YoY (%)	-15.5% Weak ↑ Weak Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-229%)	-49.7% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-514%)	-15.8% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-231%)	-17.0% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-241%)	13.9% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+16%)	18.4% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+53%)	64.9% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+441%)	14.4% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+20%)	-18.6% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-255%)	-28.5% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-338%)	6.8% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-43%)	-13.3% Weak ↑ Weak Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-211%)	-1.5% Weak ↑ Weak Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-113%)	-25.0% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-308%)	-55.7% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-564%)	21.6% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+80%)	—	—
EPS Growth YoY (%)	62.9% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-29.6% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	28.3% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	13.1% Fair Fair Year-over-year change in earnings per share Optimal: > 10%	N/M	-67.7% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	N/M	71.4% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	61.7% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-456.5% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	80.2% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	61.8% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-7.0% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	84.2% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	N/M	140.0% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	39.8% Excellent ↑ Excellent Improving Year-over-year change in net income	-99.6% Weak ↓ Weak Declining Year-over-year change in net income	16.7% Good ↑ Good Improving Year-over-year change in net income	5.7% Fair Fair Year-over-year change in net income	N/M	-61.2% Weak ↓ Weak Declining Year-over-year change in net income	N/M	58.9% Excellent ↑ Excellent Improving Year-over-year change in net income	56.6% Excellent ↑ Excellent Improving Year-over-year change in net income	-489.7% Weak ↓ Weak Declining Year-over-year change in net income	77.9% Excellent ↑ Excellent Improving Year-over-year change in net income	57.8% Excellent ↑ Excellent Improving Year-over-year change in net income	-9.8% Weak ↓ Weak Declining Year-over-year change in net income	84.0% Excellent Excellent Year-over-year change in net income	N/M	159.8% Excellent Excellent Year-over-year change in net income	—	—
FCF Growth YoY (%)	69.5% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-34.7% Weak ↓ Weak Declining Year-over-year change in free cash flow	69.1% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-37.9% Weak Weak Year-over-year change in free cash flow	N/M	-32.9% Weak Weak Year-over-year change in free cash flow	N/M	76.6% Excellent Excellent Year-over-year change in free cash flow	—	—	—	—	-25.5% Weak ↓ Weak Declining Year-over-year change in free cash flow	6.1% Fair Fair Year-over-year change in free cash flow	N/M	27.1% Excellent Excellent Year-over-year change in free cash flow	—	—
Revenue CAGR 3Y (%)	-29.0% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-29.4% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-7.3% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	3.8% Caution ↓ Caution Declining Compound annual revenue growth over 3 years	30.5% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	30.7% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	15.4% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	-12.7% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-14.7% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-12.9% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	-3.0% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	-13.8% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	-31.1% Weak Weak Compound annual revenue growth over 3 years	-26.1% Weak Weak Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	-19.5% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-13.9% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	9.2% Good ↓ Good Declining Compound annual revenue growth over 5 years	16.1% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	15.7% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	5.4% Fair ↑ Fair Improving Compound annual revenue growth over 5 years	3.2% Caution ↑ Caution Improving Compound annual revenue growth over 5 years	-9.2% Weak ↑ Weak Improving Compound annual revenue growth over 5 years	-11.9% Weak ↑ Weak Improving Compound annual revenue growth over 5 years	-13.3% Weak ↑ Weak Improving Compound annual revenue growth over 5 years	-21.3% Weak Weak Compound annual revenue growth over 5 years	-19.2% Weak Weak Compound annual revenue growth over 5 years	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Operating Margin (%) (%)	-167.1% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-935%)	-240.3% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1301%)	-44.2% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-321%)	-63.7% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-419%)	-53.0% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-365%)	6.9% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-66%)	23.3% Good ↑ Good Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+17%)	-4.6% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-123%)	-24.7% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-223%)	-56.3% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-382%)	-6.4% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-132%)	-31.8% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-259%)	-65.2% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-426%)	-62.3% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-412%)	-286.8% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1534%)	14.1% Fair Fair Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-30%)	10.4% Caution Caution Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-48%)	—
Effective Tax Rate (%) (%)	0.3% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.0% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.7% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.8% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.7% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	3.7% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.7% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.5% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	7.6% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	1.5% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-2.7% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.4% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—	—	—	—
Profit Margin (%) (%)	-168.9% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1226%)	-236.9% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1679%)	-59.7% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-498%)	-60.4% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-502%)	-53.1% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-454%)	8.1% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-46%)	24.7% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+65%)	-10.4% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-169%)	-29.0% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-293%)	-54.3% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-462%)	-6.6% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-144%)	-31.9% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-313%)	-65.5% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-537%)	-58.8% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-492%)	-276.3% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1942%)	9.5% Caution Caution Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-37%)	4.4% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-70%)	—
FCF Margin (%) (%)	-41.9% Weak → Weak Stable Free cash flow as a percentage of revenue Optimal: > 10%	-69.6% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-17.1% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-39.7% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-22.1% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	15.4% Good ↑ Good Improving Free cash flow as a percentage of revenue Optimal: > 10%	23.0% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	-10.9% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	-32.3% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	—	—	-38.8% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-29.6% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-23.5% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	19.0% Good Good Free cash flow as a percentage of revenue Optimal: > 10%	17.2% Good Good Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	0.25x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.29x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.29x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.66x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.42x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.90x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	0.93x Caution ↓ Caution Declining Free cash flow relative to reported net income Optimal: > 1x	1.05x Fair Fair Free cash flow relative to reported net income Optimal: > 1x	1.11x Fair Fair Free cash flow relative to reported net income Optimal: > 1x	—	—	—	0.59x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.50x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.08x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	2.00x Excellent Excellent Free cash flow relative to reported net income Optimal: > 1x	3.89x Excellent Excellent Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Return on Invested Capital (%)	-157.3% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-121.2% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-24.1% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-40.8% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-31.0% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	5.8% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	20.6% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	-5.9% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-62.7% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-276.9% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-18.6% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-79.1% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-121.0% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-50.0% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-201.8% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	6.7% Caution Caution Return earned on debt + equity capital invested Optimal: > 10%	4.7% Caution Caution Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	-116.2% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-102.8% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-21.1% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-29.9% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-27.0% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	4.8% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	16.5% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	-4.8% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-40.9% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-111.2% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-10.4% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-42.9% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-88.2% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-49.6% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-207.2% Weak Weak Operating profit relative to total assets Optimal: > 10%	7.8% Fair Fair Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	-159.5% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-962%)	-119.5% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-746%)	-32.4% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-275%)	-38.3% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-307%)	-30.9% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-267%)	7.1% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-62%)	22.0% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+19%)	-13.3% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-172%)	-145.9% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-888%)	—	-18.6% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-200%)	-79.2% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-528%)	-153.8% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-932%)	-59.7% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-423%)	-246.1% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-1430%)	5.7% Caution Caution Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-69%)	2.5% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-86%)	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Debt to Equity (x)	—	—	—	—	—	—	—	—	0.83x Fair Fair Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+85%)	0.85x Fair Fair Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+89%)	—	—	—	—	—	—	—	—
Interest Coverage (x)	—	—	-2.84x Weak Weak Operating income divided by interest expense Optimal: > 5x	-11.54x Weak Weak Operating income divided by interest expense Optimal: > 5x	—	—	—	-3.15x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-8.57x Weak Weak Operating income divided by interest expense Optimal: > 5x	-50.81x Weak Weak Operating income divided by interest expense Optimal: > 5x	—	—	—	—	—	—	—	—
Net Debt (USD)	$-1.49M	$-2.81M	$-7.12M	$-14.03M	$-16.08M	$-25.75M	$-28.27M	$-12.16M	$1.59M	$371.00K	$-8.82M	$-10.16M	$-11.76M	$-18.87M	$-7.47M	$-17.86M	$-14.58M	$-13.97M
Debt / EBITDA (x)	—	—	—	—	—	—	—	—	-0.76x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.18x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—	—	—	—	—	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Revenue per Share (USD)	$0.84	$1.66	$5.04	$7.00	$9.12	$10.06	$10.05	$9.42	$13.63	$18.90	$27.52	$29.11	$36.93	$38.68	$51.90	$122.09	$105.83	—
Basic EPS, GAAP (USD)	$-1.46	$-3.94	$-3.04	$-4.24	$-4.88	$0.80	$2.48	$-1.12	$-3.92	$-10.24	$-1.84	$-9.28	$-24.32	$-22.72	$-143.36	$11.52	$4.80	—
Free Cash Flow per Share (USD)	$-0.35	$-1.16	$-0.86	$-2.78	$-2.02	$1.55	$2.32	$-1.03	$-4.40	—	—	—	$-14.34	$-11.43	$-12.17	$23.15	$18.22	—
Book Value per Share (USD)	$0.71	$2.31	$8.06	$10.87	$14.83	$11.39	$10.12	$5.82	$2.56	$1.99	$9.81	$10.60	$15.72	$38.06	$58.28	$199.72	$185.44	—
Tangible Book Value per Share (USD)	$0.71	$1.68	$4.32	$5.88	$9.66	$9.01	$8.50	$4.78	$0.49	$-0.41	$9.81	$10.60	$15.72	$38.06	$58.28	$113.50	$185.44	—
Basic Weighted Avg Shares (shares)	20.61M	12.37M	8.11M	6.93M	6.40M	5.10M	4.31M	2.79M	1.69M	1.49M	1.44M	1.27M	1.16M	1.12M	1.11M	1.07M	1.01M	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Working Capital (USD)	$-1.59M	$4.34M	$9.24M	$5.78M	$19.29M	$30.92M	$34.24M	$16.70M	$3.11M	$2.41M	$14.57M	$13.98M	$14.46M	$34.76M	$52.72M	$94.63M	—	—
LT Debt (USD)	—	—	—	—	—	—	—	—	$3.80M	$2.60M	—	—	—	—	—	—	—	—
Total Equity (USD)	$18.39M	$40.76M	$75.39M	$76.38M	$100.56M	$58.72M	$48.68M	$20.56M	$4.57M	$3.06M	$14.03M	$14.90M	$18.17M	$42.66M	$64.86M	$218.26M	$187.98M	$165.40M

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Sales/Revenue/Turnover (USD)	$17.36M	$20.55M	$40.86M	$48.51M	$58.42M	$51.30M	$43.35M	$26.29M	$22.97M	$28.23M	$39.51M	$36.98M	$42.67M	$43.33M	$57.77M	$130.50M	$107.28M	—
Depreciation Expense (USD)	$5.40M	$6.30M	$7.39M	$7.56M	$1.20M	$700.00K	$400.00K	$500.00K	$700.00K	$1.20M	$1.90M	$2.90M	$4.00M	$4.40M	$4.10M	—	—	—
Net Income, GAAP (USD)	$-29.33M	$-48.70M	$-24.40M	$-29.28M	$-31.04M	$4.17M	$10.72M	$-2.74M	$-6.66M	$-15.34M	$-2.60M	$-11.80M	$-27.95M	$-25.46M	$-159.61M	$12.35M	$4.75M	—
Operating Cash Flow (USD)	$-7.19M	$-14.29M	$-6.97M	$-19.26M	$-12.92M	$7.92M	$9.99M	$-2.87M	$-7.42M	—	—	—	$-16.57M	$-12.80M	$-13.55M	$24.74M	$18.47M	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 18 years · 67 quarters

SMITH MICRO SOFTWARE, INC.

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