An energy-efficient and high-speed stereo matching processor is proposed for smart mobile devices with proposed stereo SRAM (S-SRAM) and independent regional integral cost (IRIC). Cost generation unit (CGU) with the proposed S-SRAM reduces 63.2% of CGU power consumption. The proposed IRIC enables cost aggregation unit (CAU) to obtain 6.4× of speed and 12.3% of the power reduction of CAU with pipelined integral cost generator (PICG). The proposed stereo matching processor, implemented in 65nm CMOS process, achieves 82fps and 31.2pJ/disparity-pixel energy efficiency at 30fps. Its energy efficiency is improved by 77.6% compared to the state-of-the-art.