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