Growth Metrics

SmartRent (SMRT) Gross Profit (2020 - 2026)

SmartRent recorded quarterly Gross Profit of $15.1 million in Q1 2026, up 7.47% quarter-over-quarter from $14.1 million in Q4 2025, and up 11.5% year-over-year from $13.6 million in Q1 2025.

SmartRent's Gross Profit history runs 7 years deep, the most recent figure standing at $15.1 million for Q1 2026.

  • In Q1 2026, Gross Profit rose 11.5% year-over-year to $15.1 million; the TTM figure through Mar 2026 stood at $51.4 million (down 5.6% YoY), while the FY2025 annual figure 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.
  • A 5-year average of $15.9 million and a median of $15.1 million in 2026 frame the typical range for Gross Profit.
  • Across the five-year window, Gross Profit surged 7877.05% in 2022 and tumbled 413.34% in 2023, its largest moves.
  • SmartRent's Gross Profit stood at $35.9 million in 2022, then sank by 413.34% to -$112.4 million in 2023, then surged by 109.03% to $10.2 million in 2024, then jumped by 38.58% to $14.1 million in 2025, then grew 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 253.17 Bn 235.20 Bn 8.16 Bn
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn
10 SmartRent 245.32 Mn 146.50 Mn 15.12 Mn

Historic Data

Download Data 🔒
DateValue
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
Sep 30, 2023 53.47 Mn
Sep 30, 2023 53.47 Mn
Jun 30, 2023 48.57 Mn
Jun 30, 2023 48.57 Mn
Mar 31, 2023 9.12 Mn
Mar 31, 2023 9.12 Mn
Dec 31, 2022 35.88 Mn
Dec 31, 2022 35.88 Mn
Sep 30, 2022 42.60 Mn
Sep 30, 2022 42.60 Mn
Jun 30, 2022 36.27 Mn
Jun 30, 2022 36.27 Mn
Mar 31, 2022 32.20 Mn
Mar 31, 2022 32.20 Mn
Dec 31, 2021 -3.15 Mn
Dec 31, 2021 -3.15 Mn
Sep 30, 2021 -6.79 Mn
Sep 30, 2021 -6.79 Mn
Jun 30, 2021 19.29 Mn
Jun 30, 2021 19.29 Mn
Mar 31, 2021 -414,000.00
Mar 31, 2021 -414,000.00
Dec 31, 2020 -2.91 Mn
Dec 31, 2020 -2.91 Mn
Sep 30, 2020 -33,000.00
Sep 30, 2020 -33,000.00