Growth Metrics

SmartRent (SMRT) Change in Inventory (2020 - 2026)

SmartRent recorded quarterly Change in Inventory of -$2.5 million in Q1 2026, down 125.95% quarter-over-quarter from -$1.1 million in Q4 2025, and down 32.57% year-over-year from -$3.7 million in Q1 2025.

SmartRent's Change in Inventory history runs 7 years deep, the most recent figure standing at -$2.5 million for Q1 2026.

  • In Q1 2026, Change in Inventory fell 32.57% year-over-year to -$2.5 million; the TTM figure through Mar 2026 stood at -$5.1 million (down 202.08% YoY), while the FY2025 annual figure was -$4.5 million, down 451.52% from the prior year.
  • Change in Inventory came in at -$2.5 million for Q1 2026 at SmartRent, down from -$1.1 million in the prior quarter.
  • In the past five years, Change in Inventory ranged from a high of $17.0 million in Q2 2022 to a low of -$11.2 million in Q3 2023.
  • A 5-year average of $318000.0 and a median of -$1.1 million in 2025 frame the typical range for Change in Inventory.
  • Across the five-year window, Change in Inventory surged 3039.59% in 2022 and slumped 614.89% in 2023, its largest moves.
  • SmartRent's Change in Inventory stood at $14.4 million in 2022, then sank by 136.49% to -$5.3 million in 2023, then soared by 85.93% to -$741000.0 in 2024, then tumbled by 49.26% to -$1.1 million in 2025, then tumbled by 125.95% to -$2.5 million in 2026.
  • According to Business Quant data, Change in Inventory over the past three periods registered -$2.5 million, -$1.1 million, and -$2.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn -
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn -
3 Uber Technologies 147.39 Bn 146.35 Bn 11.88 Bn -
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn -
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn -
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 31.38 Mn
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn -
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn -
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn -
10 SmartRent 245.32 Mn 146.50 Mn 15.12 Mn -2.50 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 -2.50 Mn
Mar 31, 2026 -2.50 Mn
Dec 31, 2025 -1.11 Mn
Dec 31, 2025 -1.11 Mn
Sep 30, 2025 -2.01 Mn
Sep 30, 2025 -2.01 Mn
Jun 30, 2025 507,000.00
Jun 30, 2025 507,000.00
Mar 31, 2025 -1.89 Mn
Mar 31, 2025 -1.89 Mn
Dec 31, 2024 -741,000.00
Dec 31, 2024 -741,000.00
Sep 30, 2024 4.08 Mn
Sep 30, 2024 4.08 Mn
Jun 30, 2024 3.55 Mn
Jun 30, 2024 3.55 Mn
Mar 31, 2024 -5.61 Mn
Mar 31, 2024 -5.61 Mn
Dec 31, 2023 -5.27 Mn
Dec 31, 2023 -5.27 Mn
Sep 30, 2023 -11.24 Mn
Sep 30, 2023 -11.24 Mn
Jun 30, 2023 -6.24 Mn
Jun 30, 2023 -6.24 Mn
Mar 31, 2023 -8.95 Mn
Mar 31, 2023 -8.95 Mn
Dec 31, 2022 14.43 Mn
Dec 31, 2022 14.43 Mn
Sep 30, 2022 2.18 Mn
Sep 30, 2022 2.18 Mn
Jun 30, 2022 17.00 Mn
Jun 30, 2022 17.00 Mn
Mar 31, 2022 9.20 Mn
Mar 31, 2022 9.20 Mn
Dec 31, 2021 10.77 Mn
Dec 31, 2021 10.77 Mn
Sep 30, 2021 716,000.00
Sep 30, 2021 716,000.00
Jun 30, 2021 4.00 Mn
Jun 30, 2021 4.00 Mn
Mar 31, 2021 293,000.00
Mar 31, 2021 293,000.00
Dec 31, 2020 3.71 Mn
Dec 31, 2020 3.71 Mn