Filing Flows › Smith Micro Software (SMSI) › Q1 2026 › vs Q4 2025
Smith Micro Software (SMSI) Q1 2026 vs Q4 2025 (quarter over quarter)
Smith Micro Software's revenue rose $247K (+6%) from $4.0M in Q4 2025 to $4.2M in Q1 2026.
Smith Micro Software, Q1 2026: revenue $4.2M (-9% year over year), operating margin -79.9%, net loss $3.9M, operating cash flow −$3.8M. The chart draws each line against Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $4.2M | $4.0M | $247K | +6% |
| Net loss | $3.9M | $4.6M | −$656K | -14% |
| Costs & expenses | $8.1M | $8.6M | −$486K | -6% |
| Operating costs | $7.6M | $8.3M | −$744K | -9% |
| Interest & other, net | $524K | $266K | $258K | +97% |
| Cost of revenue | $911K | $939K | −$28K | -3% |
| Research & development | $1.8M | $2.5M | −$658K | -26% |
| Sales & marketing | $1.5M | $1.2M | $285K | +24% |
| General & admin | $2.1M | $2.3M | −$236K | -10% |
| Other operating costs | $1.2M | $1.4M | −$107K | -8% |
| Operating cash sources | $5.6M | $4.3M | $1.3M | +29% |
| Depreciation & amortization | $1.2M | $1.4M | −$107K | -8% |
| Share-based compensation | $586K | $781K | −$195K | -25% |
| Cash used in operations | $3.8M | $2.2M | $1.6M | +72% |
| Net loss absorbed | $3.9M | $4.6M | −$656K | -14% |
| Working capital & other | $1.7M | −$233K | $1.9M | — |
Questions
How much did Smith Micro Software's revenue grow quarter over quarter in Q1 2026?
Smith Micro Software's revenue rose $247K (+6%) from $4.0M in Q4 2025 to $4.2M in Q1 2026.