Growth Metrics

SmartRent (SMRT) EBITDA (2020 - 2026)

SmartRent recorded quarterly EBITDA of -$4.9 million in Q1 2026, down 40.27% quarter-over-quarter from -$3.5 million in Q4 2025, and up 87.74% year-over-year from -$2.6 million in Q1 2025.

SmartRent's EBITDA history runs 7 years deep, the most recent figure standing at -$4.9 million for Q1 2026.

  • In Q1 2026, EBITDA rose 87.74% year-over-year to -$4.9 million; the TTM figure through Mar 2026 stood at -$24.9 million (up 62.21% YoY), while the FY2025 annual figure 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.
  • A 5-year average of -$13.5 million and a median of -$10.2 million in 2025 frame the typical range for EBITDA.
  • Across the five-year window, EBITDA slumped 421.68% in 2025 and jumped 87.74% in 2026, its largest moves.
  • SmartRent's EBITDA stood at -$20.5 million in 2022, then surged by 84.15% to -$3.2 million in 2023, then tumbled by 256.33% to -$11.6 million in 2024, then jumped by 69.71% to -$3.5 million in 2025, then slumped by 40.27% to -$4.9 million in 2026.
  • According to Business Quant data, EBITDA over the past three periods registered -$4.9 million, -$3.5 million, and -$6.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn 3.21 Bn
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 1.87 Bn
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn 1.92 Bn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn -586.00 Mn
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 457.00 Mn
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 431.33 Mn
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 2.42 Bn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn -1.37 Bn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 4.02 Bn
10 SmartRent 245.32 Mn 146.50 Mn 15.12 Mn -4.92 Mn

Historic Data

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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
Mar 31, 2021 -9.40 Mn
Dec 31, 2020 -10.59 Mn
Sep 30, 2020 -8.60 Mn