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
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 17.00 Mn
Dec 31, 2023 17.00 Mn