SmartRent (SMRT) Inventory Average (2021 - 2026)
SmartRent's (SMRT) quarterly Inventory Average came in at $25.5 million in Q1 2026, down 25.4% year-on-year from $34.2 million in Q1 2025, and down 6.74% quarter-over-quarter from $27.4 million in Q4 2025.
SmartRent (SMRT) Inventory Average (2021 - 2026) Analysis & Trends
SmartRent has disclosed Inventory Average across 6 years of filings, most recently posting $25.5 million for Q1 2026.
- Inventory Average for Q1 2026 came in at $25.5 million, down 25.4% year-over-year; the trailing twelve-month figure through Mar 2026 was $25.5 million (down 25.4% YoY), and the FY2025 annual result was $31.0 million, down 19.4% from the prior year.
- Inventory Average came in at $25.5 million for Q1 2026 at SmartRent, down from $27.4 million in the prior quarter.
- In the past five years, Inventory Average ranged from a high of $71.3 million in Q1 2023 to a low of $25.5 million in Q1 2026.
- The 5-year median for Inventory Average is $36.2 million (2024), against an average of $43.6 million.
- Across the five-year window, Inventory Average jumped 146.27% in 2022 and plunged 49.17% in 2024, its largest moves.
- SmartRent's Inventory Average stood at $68.5 million in 2022, then tumbled by 34.96% to $44.5 million in 2023, then decreased by 20.08% to $35.6 million in 2024, then dropped by 23.1% to $27.4 million in 2025, then retreated by 6.74% to $25.5 million in 2026.
- The last three Inventory Average figures came in at $25.5 million (Q1 2026), $27.4 million (Q4 2025), and $30.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (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 | 310.75 Mn |
| 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 | 25.53 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.53 Mn |
| Dec 31, 2025 | 27.38 Mn |
| Sep 30, 2025 | 30.72 Mn |
| Jun 30, 2025 | 33.27 Mn |
| Mar 31, 2025 | 34.23 Mn |
| Dec 31, 2024 | 35.60 Mn |
| Sep 30, 2024 | 35.18 Mn |
| Jun 30, 2024 | 32.66 Mn |
| Mar 31, 2024 | 36.24 Mn |
| Dec 31, 2023 | 44.55 Mn |
| Sep 30, 2023 | 54.01 Mn |
| Jun 30, 2023 | 63.68 Mn |
| Mar 31, 2023 | 71.29 Mn |
| Dec 31, 2022 | 68.49 Mn |
| Sep 30, 2022 | 60.25 Mn |
| Jun 30, 2022 | 50.75 Mn |
| Mar 31, 2022 | 37.73 Mn |
| Dec 31, 2021 | 27.81 Mn |