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
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