Smith Micro Software profit margin SMSI
Gross, operating and net profit as a share of revenue over the last twelve months, from 2011.
- Net margin, 12 months
- −92.6%
- Operating margin, 12 months
- −86.4%
- Peer median
- 6.2%
Over the twelve months to Jun 30, 2026, Smith Micro Software kept −92.6% of its revenue as net profit, with an operating margin of −86.4% and a gross margin of 77.5%.
Five years earlier its net margin was −14.7%.
The median for 7 infrastructure software stocks of a similar size is 6.2%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | n/a | n/a | 74.1% |
| FY2024 | n/a | n/a | 70.2% |
| FY2023 | −59.7% | −44.2% | 74.2% |
| FY2022 | −60.4% | −63.7% | 70.7% |
| FY2021 | −53.1% | −53.0% | 78.3% |
| FY2020 | 8.1% | 6.9% | 89.9% |
| FY2019 | 24.7% | 23.3% | 90.9% |
| FY2018 | −10.4% | −4.6% | 83.5% |
| FY2017 | −29.0% | −24.7% | 77.9% |
| FY2016 | −52.5% | −56.3% | 73.2% |
| FY2015 | −6.6% | −6.4% | 79.4% |
| FY2014 | −31.9% | −31.8% | 74.8% |
| FY2013 | −65.5% | −65.2% | 77.3% |
| FY2012 | −58.8% | −62.3% | 80.5% |
| FY2011 | n/a | n/a | 76.2% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | −92.6% | n/a | −86.4% | |
| Q1 FY26 | n/a | n/a | n/a | |
| Q4 FY25 | n/a | n/a | n/a | |
| Q3 FY25 | n/a | n/a | n/a | |
| Q2 FY25 | n/a | n/a | n/a | |
| Q1 FY25 | n/a | n/a | n/a | |
| Q4 FY24 | n/a | n/a | n/a | |
| Q3 FY24 | n/a | n/a | n/a | |
| Q2 FY24 | n/a | n/a | n/a | |
| Q1 FY24 | n/a | n/a | n/a | |
| Q4 FY23 | −59.7% | +0.6 pts | −44.2% | |
| Q3 FY23 | −58.7% | −9.9 pts | −44.7% |
Against its peers
Companies in Software - Infrastructure nearest Smith Micro Software's size, closest first, today.
| Company | Profit margin |
|---|---|
| SMSISmith Micro Software | −92.6% |
| MSGMMotorsport Games | 16.2% |
| FIEEFiEE | n/m |
| IDNIntellicheck | 13.0% |
| WFCFWhere Food Comes From | 5.8% |
| CCLDCareCloud | 6.2% |
| FATNFatpipe | n/m |
| NTWKNetsol Technologies | 4.0% |
| Peer median | 6.2% |
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Smith Micro Software
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.