Smith Micro Q1 revenue $4.2M, GAAP net loss narrows to $0.15 per share

SMITH MICRO SOFTWARE, INC.

2026-Q1 EPS reported -$0.15 revenue$4,221,000

Revenue of $4.2M vs $4.6M YoY; gross margin improved to 78.4% from 72.8%.
GAAP net loss $3.9M ($0.15/share) improved from $5.2M ($0.28/share) in Q1 2025.
Non-GAAP net loss $1.5M ($0.06/share) compared to $2.9M ($0.16/share) prior year.
Cash and equivalents $1.7M; CEO cites growing pipeline, expects topline growth in Q2.

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