SmartRent (SMRT) Gross Profit (2020 - 2026)
SmartRent's (SMRT) quarterly Gross Profit came in at $15.1 million in Q1 2026, up 11.5% year-on-year from $13.6 million in Q1 2025, and up 7.47% quarter-over-quarter from $14.1 million in Q4 2025.
SmartRent (SMRT) Gross Profit (2020 - 2026) Analysis & Trends
SmartRent has disclosed Gross Profit across 7 years of filings, most recently posting $15.1 million for Q1 2026.
- Gross Profit for Q1 2026 came in at $15.1 million, up 11.5% year-over-year; the trailing twelve-month figure through Mar 2026 was $51.4 million (down 5.6% YoY), and the FY2025 annual result was $49.9 million, down 17.35% from the prior year.
- Gross Profit came in at $15.1 million for Q1 2026 at SmartRent, up from $14.1 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $53.5 million in Q3 2023 to a low of -$112.4 million in Q4 2023.
- The 5-year median for Gross Profit is $15.1 million (2026), against an average of $15.9 million.
- Across the five-year window, Gross Profit jumped 7877.05% in 2022 and plunged 413.34% in 2023, its largest moves.
- SmartRent's Gross Profit stood at $35.9 million in 2022, then slumped by 413.34% to -$112.4 million in 2023, then jumped by 109.03% to $10.2 million in 2024, then soared by 38.58% to $14.1 million in 2025, then climbed by 7.47% to $15.1 million in 2026.
- The last three Gross Profit figures came in at $15.1 million (Q1 2026), $14.1 million (Q4 2025), and $9.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn |
| 10 | SmartRent | 209.86 Mn | 111.04 Mn | 15.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.12 Mn |
| Mar 31, 2026 | 15.12 Mn |
| Dec 31, 2025 | 14.07 Mn |
| Dec 31, 2025 | 14.07 Mn |
| Sep 30, 2025 | 9.57 Mn |
| Sep 30, 2025 | 9.57 Mn |
| Jun 30, 2025 | 12.67 Mn |
| Jun 30, 2025 | 12.67 Mn |
| Mar 31, 2025 | 13.56 Mn |
| Mar 31, 2025 | 13.56 Mn |
| Dec 31, 2024 | 10.15 Mn |
| Dec 31, 2024 | 10.15 Mn |
| Sep 30, 2024 | 13.46 Mn |
| Sep 30, 2024 | 13.46 Mn |
| Jun 30, 2024 | 17.31 Mn |
| Jun 30, 2024 | 17.31 Mn |
| Mar 31, 2024 | 19.42 Mn |
| Mar 31, 2024 | 19.42 Mn |
| Dec 31, 2023 | -112.43 Mn |
| Dec 31, 2023 | -112.43 Mn |