SmartRent (SMRT) Net Income (2020 - 2026)
SmartRent recorded quarterly Net Income of -$4.4 million in Q1 2026, down 34.14% quarter-over-quarter from -$3.3 million in Q4 2025, and up 88.93% year-over-year from -$2.4 million in Q1 2025.
SmartRent's Net Income history runs 7 years deep, the most recent figure standing at -$4.4 million for Q1 2026.
- In Q1 2026, Net Income rose 88.93% year-over-year to -$4.4 million; the TTM figure through Mar 2026 stood at -$24.9 million (up 62.36% YoY), while the FY2025 annual figure was -$60.6 million, down 80.22% from the prior year.
- Net Income came in at -$4.4 million for Q1 2026 at SmartRent, down from -$3.3 million in the prior quarter.
- In the past five years, Net Income ranged from a high of -$3.3 million in Q4 2025 to a low of -$40.2 million in Q1 2025.
- A 5-year average of -$13.5 million and a median of -$10.3 million in 2023 frame the typical range for Net Income.
- Across the five-year window, Net Income tumbled 422.41% in 2025 and surged 88.93% in 2026, its largest moves.
- SmartRent's Net Income stood at -$21.4 million in 2022, then surged by 83.76% to -$3.5 million in 2023, then tumbled by 228.91% to -$11.4 million in 2024, then surged by 70.97% to -$3.3 million in 2025, then plunged by 34.14% to -$4.4 million in 2026.
- According to Business Quant data, Net Income over the past three periods registered -$4.4 million, -$3.3 million, and -$6.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 3.21 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 1.96 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 302.00 Mn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | -581.00 Mn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 469.00 Mn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 335.66 Mn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 1.89 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 1.36 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 3.06 Bn |
| 10 | SmartRent | 245.32 Mn | 146.50 Mn | 15.12 Mn | -4.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -4.45 Mn |
| Dec 31, 2025 | -3.32 Mn |
| Sep 30, 2025 | -6.27 Mn |
| Jun 30, 2025 | -10.86 Mn |
| Mar 31, 2025 | -40.18 Mn |
| Dec 31, 2024 | -11.42 Mn |
| Sep 30, 2024 | -9.92 Mn |
| Jun 30, 2024 | -4.61 Mn |
| Mar 31, 2024 | -7.69 Mn |
| Dec 31, 2023 | -3.47 Mn |
| Sep 30, 2023 | -7.72 Mn |
| Jun 30, 2023 | -10.35 Mn |
| Mar 31, 2023 | -13.22 Mn |
| Dec 31, 2022 | -21.39 Mn |
| Sep 30, 2022 | -25.95 Mn |
| Jun 30, 2022 | -25.59 Mn |
| Mar 31, 2022 | -23.39 Mn |
| Dec 31, 2021 | -25.98 Mn |
| Sep 30, 2021 | -26.69 Mn |
| Jun 30, 2021 | -10.05 Mn |
| Mar 31, 2021 | -9.27 Mn |
| Dec 31, 2020 | -10.69 Mn |
| Sep 30, 2020 | -8.70 Mn |