Smith Micro Software, Inc. (SMSI) Return on equity 2016–2025
Smith Micro Software, Inc. (SMSI) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-159.5%FY2025 · since FY2016: -501.6% → -159.5%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -159.5% | -40.0 pp |
| FY2024 | -119.5% | -87.1 pp |
| FY2023 | -32.4% | +6.0 pp |
| FY2022 | -38.3% | -7.5 pp |
| FY2021 | -30.9% | -38.0 pp |
| FY2020 | 7.1% | -14.9 pp |
| FY2019 | 22.0% | +35.3 pp |
| FY2018 | -13.3% | +132.5 pp |
| FY2017 | -145.9% | +355.7 pp |
| FY2016 | -501.6% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice
More SMSI financial trends
SMSI RevenueSMSI Net incomeSMSI Net marginSMSI Gross profitSMSI Gross marginSMSI Operating incomeSMSI Operating marginSMSI Operating cash flowSMSI Free cash flowSMSI Capital expendituresSMSI Stock buybacksSMSI Dividends paidSMSI Total assetsSMSI Total liabilitiesSMSI Shareholders’ equitySMSI overview →