SmartRent (SMRT) Leases (2020 - 2026)
SmartRent recorded quarterly Leases of $2.7 million in Q1 2026, down 3.99% quarter-over-quarter from $2.8 million in Q4 2025, and down 23.18% year-over-year from $3.5 million in Q1 2025.
SmartRent's Leases history runs 7 years deep, the most recent figure standing at $2.7 million for Q1 2026.
- In Q1 2026, Leases fell 23.18% year-over-year to $2.7 million; the TTM figure through Mar 2026 stood at $2.7 million (down 23.18% YoY), while the FY2025 annual figure was $2.8 million, down 26.21% from the prior year.
- Leases came in at $2.7 million for Q1 2026 at SmartRent, down from $2.8 million in the prior quarter.
- In the past five years, Leases ranged from a high of $4.9 million in Q2 2022 to a low of $1.8 million in Q2 2024.
- A 5-year average of $3.3 million and a median of $3.2 million in 2023 frame the typical range for Leases.
- Across the five-year window, Leases sank 43.91% in 2024 and jumped 84.72% in 2025, its largest moves.
- SmartRent's Leases stood at $4.0 million in 2022, then plunged by 35.74% to $2.6 million in 2023, then surged by 49.33% to $3.8 million in 2024, then fell by 26.21% to $2.8 million in 2025, then declined by 3.99% to $2.7 million in 2026.
- According to Business Quant data, Leases over the past three periods registered $2.7 million, $2.8 million, and $3.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 2.00 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 1.46 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 84.00 Mn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 831.00 Mn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | - |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 305.00 Mn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 400.80 Mn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 601.00 Mn |
| 10 | SmartRent | 245.32 Mn | 146.50 Mn | 15.12 Mn | 2.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.70 Mn |
| Dec 31, 2025 | 2.81 Mn |
| Sep 30, 2025 | 3.21 Mn |
| Jun 30, 2025 | 3.36 Mn |
| Mar 31, 2025 | 3.51 Mn |
| Dec 31, 2024 | 3.81 Mn |
| Sep 30, 2024 | 4.17 Mn |
| Jun 30, 2024 | 1.82 Mn |
| Mar 31, 2024 | 2.18 Mn |
| Dec 31, 2023 | 2.55 Mn |
| Sep 30, 2023 | 2.92 Mn |
| Jun 30, 2023 | 3.24 Mn |
| Mar 31, 2023 | 3.61 Mn |
| Dec 31, 2022 | 3.97 Mn |
| Sep 30, 2022 | 4.39 Mn |
| Jun 30, 2022 | 4.94 Mn |
| Mar 31, 2022 | 2.64 Mn |
| Dec 31, 2021 | 2.93 Mn |
| Dec 31, 2020 | 920,000.00 |