Smith Micro Software Gross Margin Growth & History (SMSI)

Smith Micro Software's gross margin was 74.05% for fiscal 2025.

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Smith Micro Software annual gross margin history

Smith Micro Software annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20252025-12-3174.05%+3.86 pp
20242024-12-3170.20%−3.96 pp
20232023-12-3174.16%+3.45 pp
20222022-12-3170.71%−7.56 pp
20212021-12-3178.27%−11.62 pp
20202020-12-3189.88%−1.06 pp
20192019-12-3190.94%+7.43 pp
20182018-12-3183.52%+5.64 pp
20172017-12-3177.88%+4.67 pp
20162016-12-3173.21%−6.16 pp
20152015-12-3179.37%+4.56 pp
20142014-12-3174.80%−2.45 pp
20132013-12-3177.25%−3.25 pp
20122012-12-3180.50%+4.32 pp
20112011-12-3176.18%−11.94 pp
20102010-12-3188.12%+2.55 pp
20092009-12-3185.56%

Smith Micro Software gross margin trends

Over the last five reported fiscal years, Smith Micro Software's gross margin decreased from 89.88% to 74.05%, a change of −15.83 percentage points. The latest reported quarter, Q2 2026, shows 81.32%.

About the metric

What gross margin means

Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.

Calculation and source

How gross margin is calculated

TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review Smith Micro Software filings at SEC.gov ↗