Company / Gross Margin
SMITH MICRO SOFTWARE, INC. Gross Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
70.2%
FY2025
5-year range
70.2% / 89.9%
FY2021-FY2025
Trend
-5.3%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Gross Margin has fluctuated over the past 10 years, ranging from 70.2% in FY2025 to 90.9% in FY2020.
Based on SEC 10-K filings.
70.2% in FY2025 with a 5-year CAGR of -20.7%.
Remained stable around 70.2% over the past 2 years.
Gross Margin over time
Growth rates
- 3-Year Change
- -8.1pp
- 5-Year Change
- -20.7pp
- 10-Year Change
- -
Key checks
Key Insights
- In FY2025, gross margin decreased 5.3% year-over-year.
- Peak gross margin was recorded in FY2020.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score -6.45 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 70.2% | -5.3% |
| FY2024 | 74.2% | +4.9% |
| FY2023 | 70.7% | -9.7% |
| FY2022 | 78.3% | -12.9% |
| FY2021 | 89.9% | -1.2% |
| FY2020 | 90.9% | +8.9% |
| FY2019 | 83.5% | +7.2% |
| FY2018 | 77.9% | -1.9% |
| FY2017 | 79.4% | +6.1% |
| FY2016 | 74.8% | -3.2% |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026