SmartRent (SMRT) Gross Profit (2020 - 2026)
SmartRent (SMRT) reported Gross Profit of $15.1 million for Q1 2026, up 11.5% on a YoY basis from $13.6 million in Q1 2025, and up 7.47% sequentially from $14.1 million in Q4 2025.
SmartRent (SMRT) Gross Profit (2020 - 2026) Analysis & Trends
SmartRent (SMRT) has 7 years of Gross Profit data on file, last reported at $15.1 million in Q1 2026.
- For the quarter ending Q1 2026, Gross Profit rose 11.5% year-over-year to $15.1 million; the trailing twelve-month figure through Mar 2026 stood at $51.4 million (down 5.6% YoY), and the FY2025 full-year result was $49.9 million, down 17.35% from the prior year.
- Gross Profit grew to $15.1 million in Q1 2026, from $14.1 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.
- A 5-year average of $10.4 million and a median of $12.7 million in 2025 frame the typical range for Gross Profit.
- Across the five-year window, Gross Profit tumbled 1045.89% in 2022 and soared 1043.79% in 2023, its largest moves.
- Tracing SMRT's Gross Profit over 5 years: stood at $3.9 million in 2022, then surged by 333.56% to $17.0 million in 2023, then plunged by 40.28% to $10.2 million in 2024, then surged by 38.58% to $14.1 million in 2025, then advanced by 7.47% to $15.1 million in 2026.
- Business Quant data shows SMRT's Gross Profit at $15.1 million in Q1 2026, $14.1 million in Q4 2025, and $9.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn |
| 10 | SmartRent | 182.07 Mn | 83.25 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 | 17.00 Mn |
| Dec 31, 2023 | 17.00 Mn |