SmartRent (SMRT) Gross Profit (2020 - 2026)
SmartRent's (SMRT) quarterly Gross Profit came in at $16.2 million in Q2 2026, up 28.04% year-over-year from $12.7 million in Q2 2025, and up 7.27% quarter-over-quarter from $15.1 million in Q1 2026.
Analysis
SmartRent (SMRT) Gross Profit (2020 - 2026) Analysis & Trends
SmartRent has disclosed Gross Profit across 7 years of filings, most recently posting $16.2 million for Q2 2026.
- In Q2 2026, Gross Profit rose 28.04% year-over-year to $16.2 million; the TTM figure through Jun 2026 stood at $55.0 million (up 10.31% YoY), while the FY2025 annual figure was $49.9 million, down 17.35% from the prior year.
- Gross Profit came in at $16.2 million for Q2 2026 at SmartRent, up from $15.1 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $19.4 million in Q1 2024 to a low of -$4.7 million in Q1 2022.
- Average Gross Profit over 5 years is $10.7 million, with a median of $13.1 million recorded in 2024.
- Year-over-year, Gross Profit plunged 1045.89% in 2022 and jumped 1043.79% in 2023.
- Over 5 years, Gross Profit stood at $3.9 million in 2022, then soared by 333.56% to $17.0 million in 2023, then sank by 40.28% to $10.2 million in 2024, then soared by 38.58% to $14.1 million in 2025, then rose by 15.28% to $16.2 million in 2026.
- Per Business Quant data, the three most recent Gross Profit figures were $16.2 million in Q2 2026, $15.1 million in Q1 2026, and $14.1 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Costar | 12.52 Bn | 11.27 Bn | 728.00 Mn |
| 2 | Zillow | 7.78 Bn | 7.10 Bn | 562.00 Mn |
| 3 | Appfolio | 7.58 Bn | 7.36 Bn | 178.53 Mn |
| 4 | Fangdd Network | 3.79 Bn | 3.69 Bn | - |
| 5 | SmartRent | 256.76 Mn | 164.10 Mn | 16.22 Mn |
| 6 | DeFi Development | 179.51 Mn | 173.23 Mn | 3.29 Mn |
| 7 | 3 E Network Technology | 619,891.97 | -278,983.03 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.22 Mn |
| Mar 31, 2026 | 15.12 Mn |
| Dec 31, 2025 | 14.07 Mn |
| Sep 30, 2025 | 9.57 Mn |
| Jun 30, 2025 | 12.67 Mn |
| Mar 31, 2025 | 13.56 Mn |
| Dec 31, 2024 | 10.15 Mn |
| Sep 30, 2024 | 13.46 Mn |
| Jun 30, 2024 | 17.31 Mn |
| Mar 31, 2024 | 19.42 Mn |
| Dec 31, 2023 | 17.00 Mn |
| Sep 30, 2023 | 13.53 Mn |
| Jun 30, 2023 | 9.88 Mn |
| Mar 31, 2023 | 9.12 Mn |
| Dec 31, 2022 | 3.92 Mn |
| Sep 30, 2022 | 1.18 Mn |
| Jun 30, 2022 | 988,000.00 |
| Mar 31, 2022 | -4.74 Mn |
| Dec 31, 2021 | -3.15 Mn |
| Sep 30, 2021 | -6.79 Mn |