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.
-0.2%FY2025 · since FY2016: -501.6% → -0.2%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -0.2% | -0.0 pp |
| FY2024 | -0.1% | -0.1 pp |
| FY2023 | 0.0% | +38.3 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