SmartRent (SMRT) Gross Profit (2020 - 2026)
SmartRent (SMRT) posted Gross Profit of $15.1 million for Q1 2026, up 7.47% sequentially from $14.1 million in Q4 2025, and up 11.5% YoY from $13.6 million in Q1 2025.
SmartRent (SMRT) Gross Profit (2020 - 2026) Analysis & Trends
SmartRent has reported Gross Profit for 7 years, with the latest figure at $15.1 million in Q1 2026.
- Quarterly Gross Profit rose 11.5% year-over-year to $15.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $51.4 million (down 5.6% YoY) and the FY2025 annual result came in at $49.9 million, down 17.35% from the prior year.
- Gross Profit grew to $15.1 million in Q1 2026 per SMRT's latest filing, from $14.1 million in the prior quarter.
- Over five years, Gross Profit peaked at $19.4 million in Q1 2024 and troughed at -$4.7 million in Q1 2022.
- A 5-year average of $10.4 million and a median of $12.7 million in 2025 frame the typical range for Gross Profit.
- The sharpest annual moves came in 2022 and 2023: Gross Profit sank 1045.89% in 2022, then surged 1043.79% in 2023.
- Over 5 years, Gross Profit stood at $3.9 million in 2022, then surged by 333.56% to $17.0 million in 2023, then tumbled by 40.28% to $10.2 million in 2024, then surged by 38.58% to $14.1 million in 2025, then increased by 7.47% to $15.1 million in 2026.
- According to Business Quant data, Gross Profit over the past three periods registered $15.1 million, $14.1 million, and $9.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn |
| 10 | SmartRent | 287.42 Mn | 194.75 Mn | 16.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 16.22 Mn |
| Jun 30, 2026 | 16.22 Mn |
| 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 |