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
DateValue
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