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| Date | Value |
|---|---|
| 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 |