Smith Micro Software Return on Equity (ROE) Growth & History (SMSI)
Smith Micro Software's return on equity was −99.17% for fiscal 2025.
View full Smith Micro Software company overviewSmith Micro Software annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −99.17% | −15.31 pp |
| 2024 | 2024-12-31 | −83.85% | −51.71 pp |
| 2023 | 2023-12-31 | −32.15% | +0.95 pp |
| 2022 | 2022-12-31 | −33.10% | +5.89 pp |
| 2021 | 2021-12-31 | −38.98% | −46.74 pp |
| 2020 | 2020-12-31 | 7.76% | −23.21 pp |
| 2019 | 2019-12-31 | 30.97% | +52.77 pp |
| 2018 | 2018-12-31 | −21.81% | +152.89 pp |
| 2017 | 2017-12-31 | −174.69% | +4.92 pp |
| 2016 | 2016-12-31 | −179.61% | −161.62 pp |
| 2015 | 2015-12-31 | −17.99% | +53.36 pp |
| 2014 | 2014-12-31 | −71.35% | +20.55 pp |
| 2013 | 2013-12-31 | −91.90% | −44.54 pp |
| 2012 | 2012-12-31 | −47.36% | +65.38 pp |
| 2011 | 2011-12-31 | −112.75% | −118.82 pp |
| 2010 | 2010-12-31 | 6.08% | — |
Smith Micro Software quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −14.85% | +36.23 pp |
| Q1 2026 | 2026-03-31 | −21.22% | −7.82 pp |
| Q4 2025 | 2025-12-31 | −23.78% | −12.59 pp |
| Q3 2025 | 2025-09-30 | −21.44% | −5.64 pp |
| Q2 2025 | 2025-06-30 | −51.08% | −35.39 pp |
| Q1 2025 | 2025-03-31 | −13.39% | +37.93 pp |
| Q4 2024 | 2024-12-31 | −11.19% | −2.38 pp |
| Q3 2024 | 2024-09-30 | −15.79% | −9.01 pp |
| Q2 2024 | 2024-06-30 | −15.69% | −8.05 pp |
| Q1 2024 | 2024-03-31 | −51.32% | −42.16 pp |
| Q4 2023 | 2023-12-31 | −8.81% | +1.17 pp |
| Q3 2023 | 2023-09-30 | −6.78% | +0.04 pp |
| Q2 2023 | 2023-06-30 | −7.64% | +1.74 pp |
| Q1 2023 | 2023-03-31 | −9.17% | −1.98 pp |
| Q4 2022 | 2022-12-31 | −9.98% | −6.06 pp |
| Q3 2022 | 2022-09-30 | −6.83% | +9.84 pp |
| Q2 2022 | 2022-06-30 | −9.38% | −4.95 pp |
| Q1 2022 | 2022-03-31 | −7.19% | −3.49 pp |
| Q4 2021 | 2021-12-31 | −3.92% | −4.92 pp |
| Q3 2021 | 2021-09-30 | −16.67% | −16.95 pp |
| Q2 2021 | 2021-06-30 | −4.43% | −6.94 pp |
| Q1 2021 | 2021-03-31 | −3.70% | −7.73 pp |
| Q4 2020 | 2020-12-31 | 1.00% | −6.86 pp |
| Q3 2020 | 2020-09-30 | 0.28% | −9.30 pp |
| Q2 2020 | 2020-06-30 | 2.51% | −9.82 pp |
| Q1 2020 | 2020-03-31 | 4.03% | +3.82 pp |
| Q4 2019 | 2019-12-31 | 7.85% | −15.78 pp |
| Q3 2019 | 2019-09-30 | 9.58% | +37.19 pp |
| Q2 2019 | 2019-06-30 | 12.34% | +68.78 pp |
| Q1 2019 | 2019-03-31 | 0.21% | +57.60 pp |
| Q4 2018 | 2018-12-31 | 23.64% | +27.14 pp |
| Q3 2018 | 2018-09-30 | −27.60% | +38.80 pp |
| Q2 2018 | 2018-06-30 | −56.44% | +293.38 pp |
| Q1 2018 | 2018-03-31 | −57.39% | +97.99 pp |
| Q4 2017 | 2017-12-31 | −3.51% | +84.65 pp |
| Q3 2017 | 2017-09-30 | −66.40% | −0.15 pp |
| Q2 2017 | 2017-06-30 | −349.82% | −313.82 pp |
| Q1 2017 | 2017-03-31 | −155.38% | −125.27 pp |
| Q4 2016 | 2016-12-31 | −88.16% | −83.96 pp |
| Q3 2016 | 2016-09-30 | −66.25% | −60.88 pp |
| Q2 2016 | 2016-06-30 | −36.00% | −27.75 pp |
| Q1 2016 | 2016-03-31 | −30.12% | −30.05 pp |
| Q4 2015 | 2015-12-31 | −4.20% | −5.60 pp |
| Q3 2015 | 2015-09-30 | −5.38% | +4.20 pp |
| Q2 2015 | 2015-06-30 | −8.25% | +40.58 pp |
| Q1 2015 | 2015-03-31 | −0.07% | +32.35 pp |
| Q4 2014 | 2014-12-31 | 1.41% | +9.51 pp |
| Q3 2014 | 2014-09-30 | −9.57% | +42.54 pp |
| Q2 2014 | 2014-06-30 | −48.84% | −27.72 pp |
| Q1 2014 | 2014-03-31 | −32.41% | −17.04 pp |
| Q4 2013 | 2013-12-31 | −8.10% | +1.25 pp |
| Q3 2013 | 2013-09-30 | −52.12% | −42.06 pp |
| Q2 2013 | 2013-06-30 | −21.12% | −8.24 pp |
| Q1 2013 | 2013-03-31 | −15.38% | +0.63 pp |
| Q4 2012 | 2012-12-31 | −9.35% | +4.42 pp |
| Q3 2012 | 2012-09-30 | −10.05% | +85.90 pp |
| Q2 2012 | 2012-06-30 | −12.88% | −9.19 pp |
| Q1 2012 | 2012-03-31 | −16.01% | — |
| Q4 2011 | 2011-12-31 | −13.78% | — |
| Q3 2011 | 2011-09-30 | −95.95% | — |
| Q2 2011 | 2011-06-30 | −3.69% | — |
Smith Micro Software return on equity trends
Over the last five fiscal years, Smith Micro Software's return on equity decreased from 7.76% to −99.17%, a change of −106.92 percentage points. The latest reported quarter, Q2 2026, shows −14.85%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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