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

SmartRent's (SMRT) quarterly Change in Inventory came in at -$2.5 million in Q1 2026, down 32.57% year-on-year from -$3.7 million in Q1 2025, and down 125.95% quarter-over-quarter from -$1.1 million in Q4 2025.

SmartRent (SMRT) Change in Inventory (2020 - 2026) Analysis & Trends

SmartRent has disclosed Change in Inventory across 7 years of filings, most recently posting -$2.5 million for Q1 2026.

  • Change in Inventory for Q1 2026 came in at -$2.5 million, down 32.57% year-over-year; the trailing twelve-month figure through Mar 2026 was -$5.1 million (down 202.08% YoY), and the FY2025 annual result 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.
  • The 5-year median for Change in Inventory is -$1.1 million (2025), against an average of $318000.0.
  • Across the five-year window, Change in Inventory jumped 3039.59% in 2022 and tumbled 614.89% in 2023, its largest moves.
  • SmartRent's Change in Inventory stood at $14.4 million in 2022, then slumped by 136.49% to -$5.3 million in 2023, then surged by 85.93% to -$741000.0 in 2024, then plunged by 49.26% to -$1.1 million in 2025, then plunged by 125.95% to -$2.5 million in 2026.
  • The last three Change in Inventory figures came in at -$2.5 million (Q1 2026), -$1.1 million (Q4 2025), and -$2.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn -
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn -
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn -
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn -
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 31.38 Mn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn -
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn -
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn -
10 SmartRent 209.86 Mn 111.04 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