SmartRent (SMRT) EBITDA Margin (2020 - 2026)

SmartRent's (SMRT) quarterly EBITDA Margin came in at 12.71% in Q1 2026, up 8428.0% year-on-year from 0.15% in Q1 2025, and down 32.25% quarter-over-quarter from 9.61% in Q4 2025.

SmartRent (SMRT) EBITDA Margin (2020 - 2026) Analysis & Trends

SmartRent has disclosed EBITDA Margin across 7 years of filings, most recently posting 12.71% for Q1 2026.

  • EBITDA Margin for Q1 2026 came in at 12.71%, up 8428.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 16.65% (up 2313.0% YoY), and the FY2025 annual result was 39.45%, down 2028.0% from the prior year.
  • EBITDA Margin came in at 12.71% for Q1 2026 at SmartRent, down from 9.61% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 5.39% in Q4 2023 to a low of 96.98% in Q1 2025.
  • The 5-year median for EBITDA Margin is 20.15% (2023), against an average of 31.4%.
  • Across the five-year window, EBITDA Margin sank 8176 bps in 2025 and surged 8428 bps in 2026, its largest moves.
  • SmartRent's EBITDA Margin stood at 50.53% in 2022, then soared by 89 bps to 5.39% in 2023, then plunged by 507 bps to 32.71% in 2024, then soared by 71 bps to 9.61% in 2025, then tumbled by 32 bps to 12.71% in 2026.
  • The last three EBITDA Margin figures came in at 12.71% (Q1 2026), 9.61% (Q4 2025), and 17.34% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 28.69%
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 14.56%
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn -18.49%
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 21.08%
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 29.26%
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 12.12%
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn -22.99%
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 33.82%
10 SmartRent 209.86 Mn 111.04 Mn 15.12 Mn -12.71%

Historic Data

Download Data
DateValue
Mar 31, 2026 -12.71%
Dec 31, 2025 -9.61%
Sep 30, 2025 -17.34%
Jun 30, 2025 -26.68%
Mar 31, 2025 -96.98%
Dec 31, 2024 -32.71%
Sep 30, 2024 -23.83%
Jun 30, 2024 -9.51%
Mar 31, 2024 -15.22%
Dec 31, 2023 -5.39%
Sep 30, 2023 -13.62%
Jun 30, 2023 -19.40%
Mar 31, 2023 -20.15%
Dec 31, 2022 -50.53%
Sep 30, 2022 -55.67%
Jun 30, 2022 -61.30%
Mar 31, 2022 -63.11%
Dec 31, 2021 -75.14%
Sep 30, 2021 -76.15%
Jun 30, 2021 -46.08%