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Smith Micro Software SMSI · USD

Information Technology · US listing · 🇺🇸 United States

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2.28

+1.33%

Close of 9 Nov 2026, in USD

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About Smith Micro Software

From its filings with the US Securities and Exchange Commission

SEC filings

Smith Micro Software is based in Pittsburgh, Pennsylvania and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker SMSI. The SEC classifies its business as prepackaged software. In the fiscal year to 31 December 2025, it reported revenue of $17.4m and a net loss of $29.3m. At that date it held total assets of $25.0m and shareholders' equity of $18.4m. By business, Family Safety [Member] brought in 81.3% of revenue, followed by CommSuite [Member] at 17.9% and ViewSpot [Member] at 0.8%. By region, Americas [Member] accounted for 99.7%, followed by EMEA [Member] at 0.3%.

In its own words

Smith Micro provides software solutions that simplify and enhance the mobile experience to some of the leading wireless service providers around the globe. From enabling the Digital Family Lifestyle™ to providing powerful voice messaging capabilities, we strive to enrich today’s connected lifestyles while creating new opportunities to engage consumers via smartphones and consumer Internet of Things ("IoT") devices.

We continue to innovate and evolve our business to respond to industry trends and maximize opportunities in growing and evolving markets, such as digital lifestyle services and online safety, the consumer IoT marketplace, and by leveraging advanced technologies like artificial intelligence to enhance the features and capabilities of our solutions. The key to our longevity, however, is not simply technological innovation, but our focus on understanding our customers’ needs and delivering value.

The wireless industry continues to undergo rapid change on all fronts as connected devices, mobile applications, and digital content are consumed by users who want information, high-speed wireless connectivity and entertainment, anytime, anywhere. While most of us think about being “connected” in terms of computers, tablets and smartphones, the consumer IoT market is creating a world where almost anything can be connected to the wireless Internet.

Quoted from its 10-K, filed 5 Mar 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Information Technology
Industry
Software
Listed since
19 Sept 1995
Employees
118
Head office
5800 CORPORATE DRIVE, PITTSBURGH, PA, 15237
Incorporated in
DE
Classification
Services-Prepackaged Software
Filer status
Non-accelerated filer<br>Smaller reporting company

Leadership

Pay as last reported

  • Mr. William SmithChairman of the Board, President, Chief Executive Officer, since 1982$897,698
  • Mr. Timothy HuffmyerVice President, Chief Operating Officer, Chief Financial Officer$1.1m
  • Mr. David BlakeneySenior Vice President - Engineering$223,100
  • Mr. Kenneth ShebekChief Information Officer, Vice President$398,358
  • Mr. David SperlingVice President, Chief Technology Officer$770,519
  • Ms. Jennifer ReinkeVice President, General Counsel, Secretary
  • Mr. Charles MessmanVice President - Marketing$1.2m
  • Mr. Von CameronVice President, Chief Revenue Officer$500,946
  • Mr. Anup KaneriVice President - Worldwide Products
  • Mr. Andrew ArnoIndependent Director$46,500
  • Mr. Thomas CampbellIndependent Director$46,500
  • Mr. Steven ElfmanIndependent Director$46,500

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
36
Environment
40
Social
37
Governance
31
Carbon reduction policy
No
Human rights policy
No

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • SafePath Family enables mobile service providers with real-time location and parental controls services.
  • SafePath IoT connects all devices for a seamless digital life experience for customers.
  • CommSuite VVM delivers visual voicemail directly to mobile applications like email.

Weaknesses

  • Smith Micro Software has 118 employees, which is lower than the 255 mentioned in the business description.
  • The company is headquartered in Pittsburgh, Pennsylvania, a city not known for IT innovation.
  • Smith Micro Software's Wireless segment is the sole operating segment, limiting diversification.

Opportunities

  • Expanding SafePath Home to more home routers could increase cloud-managed platform adoption.
  • CommSuite VTT's voice-to-text transcription can be integrated with more mobile carriers.
  • ViewSpot retail display management can target new retail segments for growth.

Threats

  • The Information Technology sector faces increasing competition from larger tech firms.
  • The Wireless segment's reliance on mobile service providers creates dependency risks.
  • Smith Micro Software's small employee count of 118 may hinder innovation capacity.

Sources and methodology

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