Company / Working Capital
SMITH MICRO SOFTWARE, INC. Working Capital History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
-$1.6M
FY2025
5-year range
-$1.6M / $19.3M
FY2021-FY2025
Trend
-136.6%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Working Capital has fluctuated over the past 10 years, ranging from -$2M in FY2025 to $34M in FY2019.
Based on SEC 10-K filings.
-$2M in FY2025.
Declined from $9M to -$2M over the past 2 years.
Working Capital over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- In FY2025, working capital decreased 136.6% year-over-year.
- Peak working capital was recorded in FY2019.
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 | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$1.6M | -136.6% |
| FY2024 | $4.3M | -53.0% |
| FY2023 | $9.2M | +59.9% |
| FY2022 | $5.8M | -70.0% |
| FY2021 | $19.3M | -37.6% |
| FY2020 | $30.9M | -9.7% |
| FY2019 | $34.2M | +105.0% |
| FY2018 | $16.7M | +437.0% |
| FY2017 | $3.1M | -78.7% |
| FY2016 | $14.6M | +0.0% |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026