SmartRent (SMRT) EBT Margin (2020 - 2026)

SmartRent's (SMRT) quarterly EBT Margin came in at 11.4% in Q1 2026, up 8554.0% year-on-year from 0.13% in Q1 2025, and down 24.66% quarter-over-quarter from 9.14% in Q4 2025.

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

SmartRent has disclosed EBT Margin across 7 years of filings, most recently posting 11.4% for Q1 2026.

  • EBT Margin for Q1 2026 came in at 11.4%, up 8554.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 16.6% (up 2310.0% YoY), and the FY2025 annual result was 39.73%, down 2064.0% from the prior year.
  • EBT Margin came in at 11.4% for Q1 2026 at SmartRent, down from 9.14% in the prior quarter.
  • In the past five years, EBT Margin ranged from a high of 5.62% in Q4 2023 to a low of 96.93% in Q1 2025.
  • The 5-year median for EBT Margin is 20.32% (2023), against an average of 32.18%.
  • Across the five-year window, EBT Margin plunged 8179 bps in 2025 and surged 8554 bps in 2026, its largest moves.
  • SmartRent's EBT Margin stood at 51.89% in 2022, then soared by 89 bps to 5.62% in 2023, then tumbled by 468 bps to 31.91% in 2024, then jumped by 71 bps to 9.14% in 2025, then decreased by 25 bps to 11.4% in 2026.
  • The last three EBT Margin figures came in at 11.4% (Q1 2026), 9.14% (Q4 2025), and 17.16% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 28.74%
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 3.76%
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn -20.00%
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 24.25%
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 29.04%
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 17.85%
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 30.00%
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 33.82%
10 SmartRent 209.86 Mn 111.04 Mn 15.12 Mn -11.40%

Historic Data

Download Data
DateValue
Mar 31, 2026 -11.40%
Dec 31, 2025 -9.14%
Sep 30, 2025 -17.16%
Jun 30, 2025 -28.44%
Mar 31, 2025 -96.93%
Dec 31, 2024 -31.91%
Sep 30, 2024 -24.45%
Jun 30, 2024 -9.35%
Mar 31, 2024 -15.15%
Dec 31, 2023 -5.62%
Sep 30, 2023 -13.35%
Jun 30, 2023 -19.35%
Mar 31, 2023 -20.32%
Dec 31, 2022 -51.89%
Sep 30, 2022 -54.46%
Jun 30, 2022 -62.72%
Mar 31, 2022 -75.49%
Dec 31, 2021 -74.92%
Sep 30, 2021 -75.83%
Jun 30, 2021 -46.18%