SmartRent (SMRT) EBITDA (2020 - 2026)
SmartRent's (SMRT) quarterly EBITDA came in at -$4.9 million in Q1 2026, up 87.74% year-on-year from -$2.6 million in Q1 2025, and down 40.27% quarter-over-quarter from -$3.5 million in Q4 2025.
SmartRent (SMRT) EBITDA (2020 - 2026) Analysis & Trends
SmartRent has disclosed EBITDA across 7 years of filings, most recently posting -$4.9 million for Q1 2026.
- EBITDA for Q1 2026 came in at -$4.9 million, up 87.74% year-over-year; the trailing twelve-month figure through Mar 2026 was -$24.9 million (up 62.21% YoY), and the FY2025 annual result was -$60.1 million, down 79.26% from the prior year.
- EBITDA came in at -$4.9 million for Q1 2026 at SmartRent, down from -$3.5 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of -$3.2 million in Q4 2023 to a low of -$40.1 million in Q1 2025.
- The 5-year median for EBITDA is -$10.2 million (2025), against an average of -$13.5 million.
- Across the five-year window, EBITDA tumbled 421.68% in 2025 and soared 87.74% in 2026, its largest moves.
- SmartRent's EBITDA stood at -$20.5 million in 2022, then jumped by 84.15% to -$3.2 million in 2023, then plunged by 256.33% to -$11.6 million in 2024, then soared by 69.71% to -$3.5 million in 2025, then tumbled by 40.27% to -$4.9 million in 2026.
- The last three EBITDA figures came in at -$4.9 million (Q1 2026), -$3.5 million (Q4 2025), and -$6.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 3.21 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | 145.23 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 1.92 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | -586.00 Mn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 2.35 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 431.33 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 457.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | -1.37 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 2.24 Bn |
| 10 | SmartRent | 209.86 Mn | 111.04 Mn | 15.12 Mn | -4.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -4.92 Mn |
| Dec 31, 2025 | -3.50 Mn |
| Sep 30, 2025 | -6.28 Mn |
| Jun 30, 2025 | -10.22 Mn |
| Mar 31, 2025 | -40.10 Mn |
| Dec 31, 2024 | -11.57 Mn |
| Sep 30, 2024 | -9.65 Mn |
| Jun 30, 2024 | -4.62 Mn |
| Mar 31, 2024 | -7.69 Mn |
| Dec 31, 2023 | -3.25 Mn |
| Sep 30, 2023 | -7.91 Mn |
| Jun 30, 2023 | -10.36 Mn |
| Mar 31, 2023 | -13.11 Mn |
| Dec 31, 2022 | -20.49 Mn |
| Sep 30, 2022 | -26.44 Mn |
| Jun 30, 2022 | -26.00 Mn |
| Mar 31, 2022 | -23.58 Mn |
| Dec 31, 2021 | -26.05 Mn |
| Sep 30, 2021 | -26.75 Mn |
| Jun 30, 2021 | -9.99 Mn |