SmartRent (SMRT) FCF Margin (2020 - 2026)

SmartRent's (SMRT) quarterly FCF Margin came in at 11.82% in Q1 2026, up 2288.0% year-on-year from 0.5% in Q1 2025, and down 156.32% quarter-over-quarter from 20.99% in Q4 2025.

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

SmartRent has disclosed FCF Margin across 7 years of filings, most recently posting 11.82% for Q1 2026.

  • FCF Margin for Q1 2026 came in at 11.82%, up 2288.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 10.26% (up 1729.0% YoY), and the FY2025 annual result was 16.5%, up 333.0% from the prior year.
  • FCF Margin came in at 11.82% for Q1 2026 at SmartRent, down from 20.99% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 24.53% in Q3 2023 to a low of 94.44% in Q3 2022.
  • The 5-year median for FCF Margin is 11.82% (2026), against an average of 19.42%.
  • Across the five-year window, FCF Margin jumped 11897 bps in 2023 and tumbled 4963 bps in 2024, its largest moves.
  • SmartRent's FCF Margin stood at 3.05% in 2022, then surged by 298 bps to 12.14% in 2023, then slumped by 409 bps to 37.49% in 2024, then jumped by 156 bps to 20.99% in 2025, then sank by 156 bps to 11.82% in 2026.
  • The last three FCF Margin figures came in at 11.82% (Q1 2026), 20.99% (Q4 2025), and 6.14% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 36.77%
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 17.31%
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 15.02%
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 58.89%
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 20.82%
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 41.64%
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 36.83%
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 31.84%
10 SmartRent 209.86 Mn 111.04 Mn 15.12 Mn -11.82%

Historic Data

Download Data
DateValue
Mar 31, 2026 -11.82%
Dec 31, 2025 20.99%
Sep 30, 2025 -6.14%
Jun 30, 2025 -42.32%
Mar 31, 2025 -34.71%
Dec 31, 2024 -37.49%
Sep 30, 2024 -9.71%
Jun 30, 2024 -29.10%
Mar 31, 2024 -6.68%
Dec 31, 2023 12.14%
Sep 30, 2023 24.53%
Jun 30, 2023 -10.14%
Mar 31, 2023 -15.85%
Dec 31, 2022 3.05%
Sep 30, 2022 -94.44%
Jun 30, 2022 -14.86%
Mar 31, 2022 -77.68%
Dec 31, 2021 -84.37%
Sep 30, 2021 -67.10%
Jun 30, 2021 -50.91%