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
DateValue
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