SmartRent (SMRT) Interest Expenses (2020 - 2026)

SmartRent (SMRT) reported Interest Expenses of $2.2 million for Q1 2026, down 13.0% on a YoY basis from $2.6 million in Q1 2025, and up 788.8% sequentially from $250000.0 in Q4 2025.

SmartRent (SMRT) Interest Expenses (2020 - 2026) Analysis & Trends

SmartRent (SMRT) has 7 years of Interest Expenses data on file, last reported at $2.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Interest Expenses fell 13.0% year-over-year to $2.2 million; the trailing twelve-month figure through Mar 2026 stood at $2.2 million (down 13.0% YoY), and the FY2025 full-year result was $3.0 million, down 96.33% from the prior year.
  • Interest Expenses rose to $2.2 million in Q1 2026, from $250000.0 in the prior quarter.
  • In the past five years, Interest Expenses ranged from a high of $45.5 million in Q1 2022 to a low of $218000.0 in Q4 2024.
  • A 5-year average of $12.5 million and a median of $7.5 million in 2024 frame the typical range for Interest Expenses.
  • Across the five-year window, Interest Expenses jumped 64016.9% in 2022 and plunged 86.49% in 2024, its largest moves.
  • Tracing SMRT's Interest Expenses over 5 years: stood at $1.1 million in 2022, then surged by 43.34% to $1.6 million in 2023, then sank by 86.49% to $218000.0 in 2024, then advanced by 14.68% to $250000.0 in 2025, then surged by 788.8% to $2.2 million in 2026.
  • Business Quant data shows SMRT's Interest Expenses at $2.2 million in Q1 2026, $250000.0 in Q4 2025, and $2.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -341.86 Mn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 382.00 Mn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 180.00 Mn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 2.95 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 1.09 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 537.20 Mn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 53.08 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 57.23 Mn
10 SmartRent 182.07 Mn 83.25 Mn 15.12 Mn 2.22 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.22 Mn
Mar 31, 2026 2.22 Mn
Dec 31, 2025 250,000.00
Dec 31, 2025 250,000.00
Sep 30, 2025 2.55 Mn
Sep 30, 2025 2.55 Mn
Jun 30, 2025 2.55 Mn
Jun 30, 2025 2.55 Mn
Mar 31, 2025 2.55 Mn
Mar 31, 2025 2.55 Mn
Dec 31, 2024 218,000.00
Dec 31, 2024 218,000.00
Sep 30, 2024 7.51 Mn
Sep 30, 2024 7.51 Mn
Jun 30, 2024 11.65 Mn
Jun 30, 2024 11.65 Mn
Mar 31, 2024 13.50 Mn
Mar 31, 2024 13.50 Mn
Dec 31, 2023 1.61 Mn
Dec 31, 2023 1.61 Mn