Smith Micro Software stock reports 81 percent Q2 gross margin

Published on 10/05/2026 at 13:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Smith Micro Software stock was last at USD 2.65 on October 2, 2026, down 0.38 percent. Q2 revenue reached USD 4.341 million and GAAP loss narrowed to USD 2.649 million.

SMSI, US8321545043, Illustration mit AI erstellt.

Smith Micro Software (ISIN US8321545043) was last at USD 2.65 on Nasdaq on October 2, 2026, down 0.38 percent from the previous close. The key operating signal is the second quarter ended June 30, 2026, when gross margin reached 81.3 percent, according to StockTitan.

Margin expands as losses narrow

Smith Micro reported Q2 revenue of USD 4.341 million and a GAAP net loss of USD 2.649 million for the period ended June 30, 2026. The loss narrowed from USD 15.1 million in the year-earlier quarter, while gross margin rose from 73.5 percent to 81.3 percent, StockTitan reported.

The first-half picture is more mixed. Revenue totaled USD 8.6 million through June 30, 2026, compared with USD 9.0 million a year earlier, while the six-month GAAP loss fell to USD 6.6 million from USD 20.2 million, according to StockTitan.

Consensus points to a wide gap

The valuation spread remains substantial. MarketScreener lists a Buy consensus from two analysts and an average target of USD 11.00, compared with a last close of USD 2.67 on its page. Using the October 2 price of USD 2.65, that target lies 315.1 percent above the stock.

The company also changed leadership in September. According to MarketScreener on September 18, 2026, founder William W. Smith Jr. returned as president and chief executive officer after Timothy C. Huffmyer resigned while remaining on the board. The move puts execution and financing capacity alongside margin improvement as the central investment questions.

Next results date carries the test

Two analysts tracked by finanzen.net estimate September-quarter revenue of USD 5.10 million and diluted EPS of negative USD 0.46, with results listed for November 11, 2026. That revenue estimate is above the USD 4.341 million reported for Q2, making the next report an important test of the company's stated growth path.

SMSI stock stays near its yearly low

SMSI was last at USD 2.65 on Nasdaq at 4:00 p.m. ET on October 2, 2026. Its 52-week range was USD 2.05 to USD 4.65, market capitalization was USD 11.9 million, and volume was 23,504 shares.