The historical rank and industry rank for Smith Micro Software's Net Margin % or its related term are showing as below:
SMSI'
s Net Margin % Range Over the Past 10 Years
Min: -236.91 Med: -53.74 Max: 24.74
Current: -165.35
SMSI's Net Margin % is ranked worse than 90.83% of 2825
companies
in the Software industry
Industry Median: 2.54
vs SMSI: -165.35
Smith Micro Software (NAS:SMSI) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Smith Micro Software Net Margin % Related Terms
Smith Micro Software Net Margin % Historical Data
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The historical data trend for Smith Micro Software's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Software - Application subindustry, Smith Micro Software's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Smith Micro Software Net Margin % vs Software Industry
For the Software industry and Technology sector, Smith Micro Software's Net Margin % distribution charts can be found below:
* The bar in red indicates where Smith Micro Software's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Smith Micro Software (SMSI) has a Net Margin % of -92.32% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Smith Micro Software and its competitors. According to the industry distribution chart, Smith Micro Software ranks #2566 out of 2825 companies in the Software industry, placing it in the top 90.8%.
Is Smith Micro Software's Net Margin % too high?
Smith Micro Software's current Net Margin % is -92.32%. Based on the distribution chart, Smith Micro Software ranks #2566 out of 2825 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Smith Micro Software has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Smith Micro Software's Net Margin % compare to CYN and FALC?
According to the Software industry distribution chart, Smith Micro Software ranks #2566 out of 2825 companies for Net Margin %. This places Smith Micro Software in the lower half of its industry. The industry median Net Margin % is 2.54. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Software company?
The median Net Margin % among Software companies is 2.54, based on 2,825 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Smith Micro Software and its competitors. For the Software industry, the median Net Margin % is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smith Micro Software's current Net Margin % is -92.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smith Micro Software stock overvalued right now?
Based on GuruFocus' analysis, Smith Micro Software (SMSI) is currently considered Modestly Overvalued. The stock's GF Value™ is $2.38, compared to a current price of $2.75 — trading 15.5% above its estimated fair value. The current Net Margin % is -92.32%. Smith Micro Software's overall GF Score™ is 60/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Smith Micro Software (SMSI), the current Net Margin % is -92.32% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Smith Micro Software (SMSI) Overvalued in 2026?
Based on GuruFocus' analysis, Smith Micro Software stock appears to be overvalued.
The current stock price of $2.75 is trading 15.5% above its estimated GF Value™ of $2.38.
GuruFocus considers Smith Micro Software to be Modestly Overvalued.
Key valuation signals for SMSI:
Net Margin %: -92.32%
GF Value™: $2.38 vs. price of $2.75 (15.5% above fair value)
No single metric tells the full story. See the SMSI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Smith Micro Software Inc provides software solutions that simplify and enhance the mobile experience to some of the wireless service providers around the globe. The company's solutions include SafePath product suite provides comprehensive and easy-to-use tools to protect family digital lifestyles and manage connected devices both inside and outside the home; CommSuite premium messaging platform helps mobile service providers deliver a next-generation voicemail experience to mobile subscribers, while monetizing a legacy cost-center; and ViewSpot its retail display management platform provided wireless carriers and retailers with a way to bring powerful on-screen, interactive demos to life. It operates in single segment: Wireless.
60GF Score
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