SmartRent (SMRT) Gross Margin (2020 - 2026)

SmartRent has disclosed Gross Margin across 7 years of filings, most recently posting 40.71% for Q2 2026.

• In Q2 2026, Gross Margin rose 764.0% year-over-year to 40.71%; the TTM figure through Jun 2026 stood at 36.36% (up 432.0% YoY), while the FY2025 annual figure was 32.74%, down 176.0% from the prior year.
• Gross Margin came in at 40.71% for Q2 2026 at SmartRent, up from 39.09% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 40.71% in Q2 2026 to a low of 12.7% in Q1 2022.
• Average Gross Margin over 5 years is 24.03%, with a median of 28.46% recorded in 2023.
• Year-over-year, Gross Margin plunged 1054 bps in 2022 and surged 2670 bps in 2023.
• Over 5 years, Gross Margin stood at 9.67% in 2022, then jumped by 192 bps to 28.21% in 2023, then climbed by 2 bps to 28.71% in 2024, then jumped by 34 bps to 38.58% in 2025, then increased by 6 bps to 40.71% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 40.71% in Q2 2026, 39.09% in Q1 2026, and 38.58% in Q4 2025.