Smith Micro Q2 FY26 net loss narrows to $2.7 million; revenue falls 1.8% to $4.3 million
SMSI•Quarterly results
Smith Micro reported Q2 revenue of USD 4.3 million, down 1.8% year over year.
GAAP net loss attributable to common stockholders narrowed to USD 2.7 million, or USD 0.52 per share.
Gross margin rose 7.8 percentage points to 81.3%, as gross profit increased to USD 3.5 million.
Non-GAAP net loss attributable to common stockholders improved to USD 1 million, or USD 0.19 per share.
Management commentary and cash
Management cited sequential revenue growth, strong demand, two new customers nearing launch, and multiple contracts under negotiation.
Cash totaled USD 2.8 million.
