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| Date | Value |
|---|---|
| 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 |