Smith Micro Software stock holds at USD 2.65 as Q2 margin reaches 81.3 percent
Published on 10/04/2026 at 14:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Smith Micro Software stock (ISIN US8321545043) was last at USD 2.65 on Nasdaq on October 2, 2026 at 4:00 p.m. ET, down 0.38 percent from USD 2.66. The key operating signal is the second quarter gross margin, which reached 81.3 percent as the company continued rebuilding its mobile software business.
Margins improve while revenue stays small
According to StockTitan, Smith Micro reported USD 4.3 million of revenue for Q2 2026, compared with USD 4.4 million in Q2 2025. Gross profit rose to USD 3.5 million from USD 3.2 million, while gross margin expanded from 73.5 percent to 81.3 percent.
The margin comparison matters because the company is still operating at a narrow scale. GAAP net loss attributable to common stockholders fell to USD 2.7 million from USD 15.1 million, and the six-month loss declined to USD 6.6 million from USD 20.2 million, according to StockTitan.
Cash and leadership shape the risk
Cash and cash equivalents stood at USD 2.8 million on June 30, 2026, while operating cash flow for Q2 was negative USD 882,000. The figures leave the margin improvement competing with the funding needs of a loss-making software company.
On September 18, 2026, founder William W. Smith, Jr. returned as president and chief executive officer after Timothy C. Huffmyer resigned, according to MarketScreener. Smith had led the company for more than four decades before moving to the executive chairman role in March 2026.
Analyst target stays far above the quote
MarketScreener reported a Buy consensus from 2 analysts and an average price target of USD 11.00. That target sits alongside a small current equity value and reflects the market's focus on whether higher margins can translate into sustained revenue growth.
Smith Micro Software stock stays below yearly high
Smith Micro Software stock was last at USD 2.65 on Nasdaq on October 2, 2026 at 4:00 p.m. ET, with a session range of USD 2.64 to USD 2.69. Its 52-week range was USD 2.05 to USD 4.65, and market capitalization was USD 11.9 million.
Smith Micro Software stock facts
- Company: Smith Micro Software, Inc.
- ISIN: US8321545043
- Ticker: SMSI
- Trading venue: Nasdaq
- Price (as of October 2, 2026, 4:00 p.m. ET): USD 2.65
- Market capitalization: USD 11.9 million (as of October 2, 2026)
- 52-week range: USD 2.05-4.65 (as of October 2, 2026)
- Sector / Industry: Technology / Software - Application
