Growth Metrics

SmartRent (SMRT) Gross Margin (2020 - 2025)

SmartRent (SMRT) has disclosed Gross Margin for 6 consecutive years, with 38.58% as the latest value for Q4 2025.

  • Quarterly Gross Margin rose 987.0% to 38.58% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 32.74% through Dec 2025, down 176.0% year-over-year, with the annual reading at 32.74% for FY2025, 176.0% down from the prior year.
  • Gross Margin hit 38.58% in Q4 2025 for SmartRent, up from 26.43% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 368.73% in Q4 2022 to a low of 186.6% in Q4 2023.
  • Historically, Gross Margin has averaged 47.34% across 5 years, with a median of 30.75% in 2025.
  • Biggest five-year swings in Gross Margin: plummeted -55532bps in 2023 and later skyrocketed 21530bps in 2024.
  • Year by year, Gross Margin stood at 298.66% in 2021, then increased by 23bps to 368.73% in 2022, then crashed by -151bps to 186.6% in 2023, then surged by 115bps to 28.71% in 2024, then soared by 34bps to 38.58% in 2025.
  • Business Quant data shows Gross Margin for SMRT at 38.58% in Q4 2025, 26.43% in Q3 2025, and 33.07% in Q2 2025.