Smith Micro Software (SMSI) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart Transcripts

Smith Micro Software Revenue Highlights

Latest Revenue (Y)

$40.86M

Latest Revenue (Q)

$5.14M

Main Segment (Y)

Wireless Business Segment

Main Geography (Y)

Americas

Smith Micro Software Revenue by Period

Smith Micro Software Revenue by Year

Date	Revenue	Change
2023-12-31	$40.86M	-15.77%
2022-12-31	$48.51M	-16.96%
2021-12-31	$58.42M	13.88%
2020-12-31	$51.30M	18.35%
2019-12-31	$43.35M	64.91%
2018-12-31	$26.29M	14.41%
2017-12-31	$22.97M	-18.63%
2016-12-31	$28.23M	-28.53%
2015-12-31	$39.51M	6.84%
2014-12-31	$36.98M	-13.35%
2013-12-31	$42.67M	-1.51%
2012-12-31	$43.33M	-24.99%
2011-12-31	$57.77M	-55.73%
2010-12-31	$130.50M	21.65%
2009-12-31	$107.28M	9.00%
2008-12-31	$98.42M	34.13%
2007-12-31	$73.38M	34.71%
2006-12-31	$54.47M	168.88%
2005-12-31	$20.26M	52.13%
2004-12-31	$13.32M	84.53%
2003-12-31	$7.22M	1.19%
2002-12-31	$7.13M	-33.74%
2001-12-31	$10.76M	-21.66%
2000-12-31	$13.74M	28.39%
1999-12-31	$10.70M	12.63%
1998-12-31	$9.50M	-18.80%
1997-12-31	$11.70M	-47.06%
1996-12-31	$22.10M	22.78%
1995-12-31	$18.00M	73.08%
1994-12-31	$10.40M	-

Smith Micro Software generated $40.86M in revenue during NA 2023, up -15.77% compared to the previous quarter, and up 155.46% compared to the same period a year ago.

Smith Micro Software Revenue by Quarter

Date	Revenue	Change
2024-06-30	$5.14M	-11.35%
2024-03-31	$5.80M	-32.53%
2023-12-31	$8.59M	-21.89%
2023-09-30	$11.00M	6.41%
2023-06-30	$10.34M	-5.42%
2023-03-31	$10.93M	-4.16%
2022-12-31	$11.40M	-2.51%
2022-09-30	$11.70M	-7.69%
2022-06-30	$12.67M	-0.48%
2022-03-31	$12.73M	-13.24%
2021-12-31	$14.68M	-10.73%
2021-09-30	$16.44M	3.29%
2021-06-30	$15.92M	39.87%
2021-03-31	$11.38M	-8.34%
2020-12-31	$12.42M	-1.69%
2020-09-30	$12.63M	-2.35%
2020-06-30	$12.93M	-2.92%
2020-03-31	$13.32M	8.50%
2019-12-31	$12.28M	4.21%
2019-09-30	$11.78M	8.55%
2019-06-30	$10.85M	28.72%
2019-03-31	$8.43M	14.69%
2018-12-31	$7.35M	12.67%
2018-09-30	$6.53M	-6.05%
2018-06-30	$6.95M	27.13%
2018-03-31	$5.46M	-4.69%
2017-12-31	$5.73M	-1.24%
2017-09-30	$5.80M	-0.99%
2017-06-30	$5.86M	5.13%
2017-03-31	$5.58M	-21.29%
2016-12-31	$7.08M	9.35%
2016-09-30	$6.48M	-13.15%
2016-06-30	$7.46M	3.40%
2016-03-31	$7.21M	-27.90%
2015-12-31	$10.01M	4.38%
2015-09-30	$9.59M	2.13%
2015-06-30	$9.39M	-10.86%
2015-03-31	$10.53M	-0.24%
2014-12-31	$10.55M	11.71%
2014-09-30	$9.45M	10.79%
2014-06-30	$8.53M	0.94%
2014-03-31	$8.45M	-28.66%
2013-12-31	$11.84M	35.41%
2013-09-30	$8.75M	-16.58%
2013-06-30	$10.48M	-9.64%
2013-03-31	$11.60M	-3.57%
2012-12-31	$12.03M	9.26%
2012-09-30	$11.01M	8.27%
2012-06-30	$10.17M	0.56%
2012-03-31	$10.11M	-10.01%
2011-12-31	$11.24M	-11.03%
2011-09-30	$12.63M	-21.56%
2011-06-30	$16.11M	-9.48%
2011-03-31	$17.79M	-49.56%
2010-12-31	$35.27M	3.72%
2010-09-30	$34.01M	8.45%
2010-06-30	$31.36M	5.01%
2010-03-31	$29.86M	0.60%
2009-12-31	$29.68M	6.70%
2009-09-30	$27.82M	7.06%
2009-06-30	$25.99M	9.24%
2009-03-31	$23.79M	-10.07%
2008-12-31	$26.45M	-0.71%
2008-09-30	$26.64M	13.60%
2008-06-30	$23.45M	7.18%
2008-03-31	$21.88M	9.56%
2007-12-31	$19.97M	-

Smith Micro Software generated $5.14M in revenue during Q2 2024, up -11.35% compared to the previous quarter, and up 47.03% compared to the same period a year ago.

Smith Micro Software Revenue Breakdown

Smith Micro Software Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Wireless Business Segment	$40.86M	$48.51M	$58.42M	$50.67M	$42.60M
Graphics	-	-	-	$629.00K	$742.00K

Smith Micro Software's latest annual revenue breakdown by segment (product or service), as of Dec 23: Wireless Business Segment (100.00%).

Quarterly Revenue by Product

Product/Service	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
License and Service	$761.00K	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Wireless Business Segment	-	$5.80M	$8.59M	$11.00M	$10.34M	$10.93M	$11.40M	$11.70M	$12.67M	$12.73M	$14.68M	$16.44M	$15.92M	$11.38M	$12.25M	$12.51M	$12.70M	$13.21M	$12.18M	$11.61M
Graphics	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$170.00K	$120.00K	$232.00K	$107.00K	$96.00K	$168.00K

Smith Micro Software's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: License and Service (100.00%).

Smith Micro Software Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Americas	$39.71M	$46.62M	$55.32M	$49.35M	$43.24M
EMEA	$1.15M	$1.89M	-	-	-
Asia Pacific	-	-	$76.00K	$21.00K	$43.00K
E M E A	-	-	$3.02M	$1.93M	$67.00K

Smith Micro Software's latest annual revenue breakdown by geography, as of Dec 23: Americas (97.19%), and EMEA (2.81%).

Quarterly Revenue by Country

Country	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Americas	$4.94M	$5.48M	$8.33M	$10.79M	$10.08M	$10.51M	$10.97M	$11.25M	$12.22M	$12.19M	$14.00M	$15.82M	$15.35M	$10.14M	$11.90M	$12.04M	$12.38M	$13.30M	$12.26M	$11.76M
EMEA	$197.00K	$321.00K	$261.00K	$214.00K	$256.00K	$419.00K	$438.00K	$452.00K	$452.00K	-	-	-	-	-	-	-	-	-	-	-
E M E A	-	-	-	-	-	-	-	-	-	$542.00K	$604.00K	$618.00K	$568.00K	$1.24M	$519.00K	$581.00K	$546.00K	$8.00K	$11.00K	$18.00K
Asia Pacific	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$3.00K	$9.00K	$10.00K	$9.00K	$9.00K

Smith Micro Software's latest quarterly revenue breakdown by geography, as of Jun 24: Americas (96.17%), and EMEA (3.83%).

Smith Micro Software Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
EVBG	Everbridge	$448.79M	$111.43M
PAR	PAR	$415.82M	$96.75M
MLNK	MeridianLink	$303.62M	$80.37M
AMSWA	American Software	$102.52M	$26.19M
RDVT	Red Violet	$60.20M	$19.06M
CCRD	CoreCard	$56.00M	$15.70M
CREX	Creative Realities	$45.17M	$14.44M
SMSI	Smith Micro Software	$40.86M	$5.14M
PCYG	ReposiTrak	$19.10M	$5.44M
AWRE	Aware	$18.24M	$3.85M
IDBA	IDEX Biometrics ASA	$4.09M	$1.46M

SMSI Revenue FAQ

What is Smith Micro Software’s yearly revenue?

Smith Micro Software's yearly revenue for 2023 was $40.86M, representing a decrease of -15.77% compared to 2022. The company's yearly revenue for 2022 was $48.51M, representing a decrease of -16.96% compared to 2021. SMSI's yearly revenue for 2021 was $58.42M, representing an increase of 13.88% compared to 2020.

What is Smith Micro Software’s quarterly revenue?

Smith Micro Software's quarterly revenue for Q2 2024 was $5.14M, a -11.35% decrease from the previous quarter (Q1 2024), and a -50.28% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $5.8M, a -32.53% decrease from the previous quarter (Q4 2023), and a -46.95% decrease year-over-year (Q1 2023). SMSI's quarterly revenue for Q4 2023 was $8.59M, a -21.89% decrease from the previous quarter (Q3 2023), and a -24.66% decrease year-over-year (Q4 2022).

What is Smith Micro Software’s revenue growth rate?

Smith Micro Software's revenue growth rate for the last 3 years (2021-2023) was -30.06%, and for the last 5 years (2019-2023) was -5.73%.

What are Smith Micro Software’s revenue streams?

Smith Micro Software's revenue streams in c 23 are Wireless Business Segment

What is Smith Micro Software’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Smith Micro Software was Wireless Business Segment. This segment made a revenue of $40.86M, representing 100.00% of the company's total revenue.