Smith Micro Reports Third Quarter 2026 Financial Results
Key Highlights
- ➤Revenue reached $5.0 million, up from $4.3 million year over year
- ➤Revenue increased 16% sequentially for the third consecutive quarter
- ➤Gross margin rose to 81.6%, a five-year high
- ➤GAAP net loss narrowed to $1.7 million from $5.2 million
- ➤Cash and cash equivalents totaled $2.4 million at September 30
Expert Statements
William W. Smith Jr., President, chief executive officer, and chairman of the board of Smith Micro
“Our third quarter marked our third consecutive quarter of sequential revenue growth as we continued to build on the momentum established in the first half of the year.”
William W. Smith Jr., President, chief executive officer, and chairman of the board of Smith Micro
“Revenue increased 16% sequentially and gross margin rose to 81.6%, a five-year high. Commercially, we secured and expanded contracts with new and existing customers and continued to broaden our SafePath® platform into a comprehensive family safety ecosystem that carriers can deploy as a standalone app, on a dedicated phone or embedded within their own applications.”
William W. Smith Jr., President, chief executive officer, and chairman of the board of Smith Micro
“Our pipeline continues to grow and yield high-quality opportunities, and I am confident in our ability to translate this momentum into long-term growth.”
Smith Micro Software, Inc. (Nasdaq: SMSI) (“Smith Micro” or the “Company”) today reported financial results for its third quarter ended September 30, 2026.
“Our third quarter marked our third consecutive quarter of sequential revenue growth as we continued to build on the momentum established in the first half of the year,” said William W. Smith Jr., president, chief executive officer, and chairman of the board of Smith Micro. “Revenue increased 16% sequentially and gross margin rose to 81.6%, a five-year high. Commercially, we secured and expanded contracts with new and existing customers and continued to broaden our SafePath® platform into a comprehensive family safety ecosystem that carriers can deploy as a standalone app, on a dedicated phone or embedded within their own applications.”
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