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Smith Micro Software

Licenses mobile safety software for operators

Overview

Smith Micro Software develops software that improves mobile experiences and digital safety for operators, device makers, and consumers. Its products include SafePath for family safety, CommSuite for voice messaging, and ViewSpot for dynamic operator content and engagement. The company licenses software and offers subscriptions, professional services, and ongoing updates and support. Its goal is to help families manage digital lives while giving mobile operators tools to engage customers and monetize services globally.

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About Smith Micro Software

Simplify's Rating
Why Smith Micro Software is rated
C-
Rated C on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Data & AnalyticsConsumer SoftwareEnterprise SoftwareCybersecurity

Company Size

201-500

Company Stage

IPO

Headquarters

McCandless, Pennsylvania

Founded

1982

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What believers are saying

  • Third-quarter 2026 revenue reached $5.0 million, its third straight sequential increase.
  • Gross margin hit 81.6% in Q3 2026, showing better pricing and cost discipline.
  • New contracts with two carriers and SafePath SDKs expand distribution without full integrations.

What critics are saying

  • Cash was $2.4 million on September 30, 2026, leaving another financing scramble likely.
  • June 23, 2026 Nasdaq compliance restored after reverse split; another price drop risks delisting.
  • Customer concentration remains brutal; losing Orange Belgium or the Tier 1 carrier would crush revenue.

What makes Smith Micro Software unique

  • Bill Smith returned September 18, 2026, restoring founder control and telecom continuity.
  • SafePath Connect launched September 8, 2026, adding direct-to-consumer distribution through app stores.
  • September 10, 2026, a Tier 1 operator expanded Smith Micro's multi-year family-safety relationship.

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Funding

Total Funding

$125M

Above

Industry Average

Funded Over

11 Rounds

Post IPO Convertible funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Convertible Funding Comparison Coming Soon

Benefits

  • Health Insurance
  • 401(k) Company Match
  • Company Equity
  • Paid Vacation
  • Hybrid Work Options

Stock Price

Company News

Yahoo Finance
Nov 13th, 2026
Smith Micro Q3 revenue rises 15% to $5.0M, with a third straight quarter of growth

Smith Micro Software reported third-quarter 2026 revenue of $5.0 million, up 15% from $4.3 million a year earlier and 16% from the previous quarter. It was the third straight quarter of sequential growth. Gross margin hit 81.6%, a five-year high, against 73.9% a year ago. The net loss under GAAP narrowed to $1.7 million from $5.2 million, while the non-GAAP net loss fell to $281,000. Operating expenses under GAAP dropped 28% to $5.6 million. Cash stood at $2.4 million on September 30, 2026. The company signed an expanded multi-year deal with a Tier 1 customer and new contracts with two other carriers. It guided fourth-quarter revenue to $5.4 million to $5.6 million.

TMCnet
Sep 18th, 2026
Smith Micro Founder Bill Smith Returns as President and CEO

Smith Micro Founder Bill Smith Returns as President and CEO TMCnet News [September 18, 2026] | / | Smith Micro Founder Bill Smith Returns as President and CEO Smith Micro Software, Inc. (Nasdaq: SMSI) today announced that Bill Smith has been appointed as the Company's president and chief executive officer. In his return to the Company's helm, Smith succeeds outgoing chief executive, Tim Huffmyer, who has resigned to pursue other opportunities but will continue to serve on the Company's board of directors. Smith founded and previously led the Company for more than four decades and has served as the Company's executive chairman of the board of directors since March 2026. "When Tim rejoined the Company last year in the dual role of COO and CFO, it was a pivotal time for the Company," said Smith. "He was the driving force behind its efforts to improve operational efficiency and establish a leaner foundation for growth. His leadership in the dual role, and later as CEO, was instrumental in executing its operational improvement initiatives, resulting in a more efficient organization and a stronger platform for future growth. I want to thank Tim for his contributions to the Company and wish him well in his next chapter. "I am returning as CEO at an exciting time for the Company," Smith continued. "With new products entering the market, customer relationships expanding, and a healthy pipeline of prospective opportunities, I am optimistic about our ability to capitalize on the momentum we have created and deliver meaningful value for shareholders." Smith previously served as Smith Micro's chairman, president and chief executive officer from the Company's inception in 1982 until March 2026, when he transitioned to the executive chairman role. Mr. Smith received a Bachelor of Arts degree in Business Administration from Grove City College. As the Company's founder who served as president and CEO for more than four decades, Smith will deliver continuity of leadership, key insights and extensive knowledge of the telecommunications and wireless industries, garnered during his uninterrupted 44 years of service with the Company. p> About Smith Micro Software, Inc. Smith Micro develops software to simplify and enhance the mobile experience, providing solutions to some of the leading wireless service providers around the world. From enabling Digital Family Lifestyle(TM) to providing powerful voice messaging capabilities, Smith Micro's solutions enrich today's connected lifestyles while creating new opportunities to engage consumers via smartphones and consumer IoT devices. For more information, visit smithmicro.com. Smith Micro, the Smith Micro logo and Digital Family Lifestyle are trademarks or registered trademarks of Smith Micro Software, Inc. Forward-Looking Statements Certain statements in this press release are forward-looking statements regarding future events or results within the meaning of the Private Securities Litigation Reform Act, including statements related to its future business plans, future performance or results, the benefits that Smith Micro believes its solutions will offer to its customers and to their end users, and statements using such words as "expect," "anticipate," "believe," "plan," "intend," "could," "will" and other similar expressions. Forward-looking statements involve risks and uncertainties, which could cause actual results to differ materially from those expressed or implied in the forward-looking statements. Among the important factors that could cause or contribute to such differences are its ability to establish and maintain strategic relationships with its customers and mobile device manufacturers, their ability to attract customers, and their willingness to promote its products; its ability and/or customers' ability to distribute its mobile software applications to their end users through third party mobile software application stores, which Fog Computing World do not control; its dependency upon effective operation with operating systems, devices, networks and standards that Fog Computing World do not control and on its continued relationships with mobile operating system providers, device manufacturers and mobile software application stores; unanticipated delays or obstacles in its development and release cycles and the degree to which competing business needs or resource availability may affect its allocation of resources to planned projects; its ability to hire and retain key personnel; interruptions or delays in the services Fog Computing World provide from its data center and cloud hosting facilities; the existence of undetected software defects in its products and its failure to resolve detected defects in a timely manner; rapid technological evolution and resulting changes in demand for its products from its key customers and their end users. These and other factors discussed in its filings with the Securities and Exchange Commission, including its filings on Forms 10-K and 10-Q, could cause actual results to differ materially from those expressed or implied in any forward-looking statements. The forward-looking statements contained in this release are made on the basis of the views and assumptions of management, and Fog Computing World do not undertake any obligation to update these statements to reflect events or circumstances occurring after the date of this release. View source version on businesswire.com: https://www.businesswire.com/news/home/20260918327781/en/ [ Back To TMCnet.com's Homepage] |

Associated Press
Sep 2nd, 2026
Consumer Cellular launches senior phone with SafePath OS for connected care

Consumer Cellular has launched a connected-care solution for older adults built on Smith Micro Software's SafePath OS for Senior Phone platform. The service is available through Consumer Cellular's SpeakEasy brand on both smartphone and flip phone devices. The solution combines a simplified phone interface with a companion caregiver app available on iOS and Android. Features include large fonts, voice assistance, real-time location sharing, safety zone alerts, and emergency notifications to family members. Consumer Cellular is the first wireless provider to bring SafePath OS for Senior Phone to market. The service, called SpeakEasy Connect Care+, is available through the company's website, retail stores, and call centre. Smith Micro CEO Tim Huffmyer described the launch as an important milestone, highlighting growing demand for technology designed specifically for seniors whilst supporting their independence.

Smith Micro Software
Aug 13th, 2026
Smith Micro introduces SafePath Connect(TM), expanding availability of its Family Safety solutions.

Smith Micro introduces SafePath Connect(TM), expanding availability of its Family Safety solutions. PITTSBURGH, PA, August 13, 2026 - Smith Micro Software, Inc. (Nasdaq: SMSI) today announced the availability of SafePath Connect(TM), a new family safety solution designed to help partners quickly offer trusted digital family safety services to consumers. Built on Smith Micro's proven SafePath(R) platform, SafePath Connect delivers the same trusted real-time location services, parental controls, digital wellness tools, and family safety capabilities, while offering partners a simplified path to market. By leveraging app store distribution by Smith Micro, a broader range of partners can offer safety-focused experiences without the need for complex integration or development. The solution is designed to support modern family needs by bringing together location awareness, smart alerts, and flexible controls that help families stay connected in day-to-day life. "I am pleased to announce the launch of SafePath Connect, representing an important evolution of the SafePath platform," said Tim Huffmyer, President and Chief Executive Officer of Smith Micro. "It gives partners a streamlined way to deliver meaningful family safety services to their audiences, providing a fast-to-market alternative while reducing operational complexity, creating a larger market opportunity for Smith Micro." A Complete, Ready-to-Deploy Family Safety Solution For many years, SafePath has been delivered as white-label offerings through wireless carriers. While this model provides a deeply integrated experience, it often requires months of implementation and meaningful investment. SafePath Connect extends the same trusted family safety capabilities through a streamlined deployment model, leveraging Smith Micro's branded product while allowing partners to support promotion and customer acquisition. As a result, organizations can quickly and easily offer family safety services to their audiences, significantly reducing time to market. SafePath Connect provides a comprehensive set of capabilities designed to support how families manage connectivity and digital experiences, including: * Real-time location services to help keep track of where family members are throughout the day * Smart alerts and notifications that provide timely updates on key moments like arrivals and departures * Parental controls to guide device usage and content access at age-appropriate levels * Screen time management tools to help establish healthy digital habits These features are powered by the SafePath platform, a carrier-grade foundation that enables reliable, secure management of connected devices and digital lifestyles. Built for Flexible Partner Offerings SafePath Connect is designed for partners looking to engage consumers with minimal complexity. The solution is published to the app stores and distributed by Smith Micro and enables partners to deliver subscription entitlements to their end users to enhance their portfolio of service offerings and attract and retain family subscribers. The solution offers a fast-to-market option for mobile carriers and other partners seeking a simpler alternative to traditional, fully integrated deployments. Extending the SafePath Platform SafePath Connect reflects the ongoing expansion of the SafePath platform, extending its core capabilities into new product experiences designed for a wider range of users. By introducing a streamlined deployment model that enables organizations to quickly and easily offer family safety solutions to their audiences, Smith Micro is evolving how SafePath technology is packaged and delivered. This approach will allow Smith Micro to reach new markets and customer segments while maintaining a consistent foundation of reliability, scalability, and security across its portfolio. About SafePath(R) The SafePath platform provides comprehensive and easy-to-use tools to protect digital lifestyles and manage connected devices through a single app. As a carrier-grade solution, SafePath empowers wireless service providers and cable operators to bring to market full-featured, on-brand family safety solutions that provide in-demand services such as location, parental controls, screen time management and driver monitoring to mobile subscribers. SafePath-based solutions activate new revenue opportunities for service providers while helping to increase brand affinity and reduce subscriber churn. Learn more at smithmicro.com/safepath. About Smith Micro Software, Inc. Smith Micro develops software to simplify and enhance the mobile experience, providing solutions to some of the leading wireless service providers around the world. From enabling Digital Family Lifestyle(TM) to providing powerful voice messaging capabilities, Smith Micro's solutions enrich today's connected lifestyles while creating new opportunities to engage consumers via smartphones and consumer IoT devices. For more information, visit www.smithmicro.com. Smith Micro and the Smith Micro logo are registered trademarks or trademarks of Smith Micro Software, Inc. Forward-Looking Statements Certain statements in this press release are forward-looking statements regarding future events or results within the meaning of the Private Securities Litigation Reform Act, including statements related to the future availability and launch of Smith Micro's products and services and/or upgrades, updates and enhancements to its products and services, other projections of outlook or performance and future business plans, the benefits that Smith Micro believes its solutions will offer to its customers and to their end users, and statements using such words as "expect," "anticipate," "believe," "plan," "intend," "could," "will" and other similar expressions. Forward-looking statements involve risks and uncertainties, which could cause actual results to differ materially from those expressed or implied in the forward-looking statements. Among the important factors that could cause or contribute to such differences are its ability to establish and maintain strategic relationships with its customers and mobile device manufacturers, their ability to attract customers, and their willingness to promote its products; its ability and/or customers' ability to distribute its mobile software applications to their end users through third party mobile software application stores, which Smith Micro Software Inc. do not control; its dependency upon effective operation with operating systems, devices, networks and standards that Smith Micro Software Inc. do not control and on its continued relationships with mobile operating system providers, device manufacturers and mobile software application stores; unanticipated delays or obstacles in its development and release cycles and the degree to which competing business needs or resource availability may affect its allocation of resources to planned projects; its ability to hire and retain key personnel; interruptions or delays in the services Smith Micro Software Inc. provide from its data center and cloud hosting facilities; the existence of undetected software defects in its products and its failure to resolve detected defects in a timely manner; rapid technological evolution and resulting changes in demand for its products from its key customers and their end users. These and other factors discussed in its filings with the Securities and Exchange Commission, including its filings on Forms 10-K and 10-Q, could cause actual results to differ materially from those expressed or implied in any forward-looking statements. The forward-looking statements contained in this release are made on the basis of the views and assumptions of management, and Smith Micro Software Inc. do not undertake any obligation to update these statements to reflect events or circumstances occurring after the date of this release.

Associated Press
Jul 27th, 2026
Smith Micro launches SafePath SDKs and APIs for mobile family safety integration

Smith Micro Software has launched SDKs and APIs for its SafePath family safety platform, enabling mobile and service providers to integrate safety features directly into their own applications. The new deployment options allow providers to embed location insights, parental controls, digital safety tools and driving monitoring without requiring users to download a separate app. Chief Executive Officer Tim Huffmyer said the solutions give partners flexibility to deliver family safety experiences that fit their business goals, whether through standalone apps or integrated capabilities. The SDKs and APIs provide access to features including family location awareness, screen time controls, content filtering and emergency safety tools. The expansion aims to simplify onboarding, reduce app fragmentation and increase visibility of safety features within applications customers already use. Built on Smith Micro's existing SafePath platform, the SDK and API configuration is designed to accelerate deployment whilst allowing operators to maintain control over branding and user experience.

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