Smith Micro Q2 revenue slips to $4.3 million; net loss narrows to $2.7 million
Smith Micro reported second-quarter 2026 revenue of $4.3 million, down from $4.4 million a year earlier, while gross profit rose to $3.5 million from $3.2 million. GAAP net loss attributable to common stockholders narrowed to $2.7 million, or $0.52 per share, from $15.1 million, or $3.88 per share, a year earlier, a period that included an $11.1 million goodwill impairment. Shareholders should note the mixed picture: revenue declined slightly while losses narrowed, and cash and cash equivalents were $2.8 million as of June 30, 2026.
Key points
- Q2 2026 revenue was $4.3 million versus $4.4 million in Q2 2025; six-month revenue was $8.6 million versus $9.0 million.
- Q2 2026 GAAP net loss attributable to common stockholders was $2.7 million, or $0.52 per share, versus $15.1 million, or $3.88 per share, in Q2 2025.
- Non-GAAP net loss attributable to common stockholders was $1.0 million, or $0.19 per share, versus $2.8 million, or $0.71 per share, a year earlier.
- A one-for-five reverse stock split became effective June 4, 2026; per-share figures are adjusted for it.
The filing
Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 13, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.