SmartRent (SMRT) Net Income (2020 - 2026)
SmartRent's (SMRT) quarterly Net Income came in at -$4.4 million in Q1 2026, up 88.93% year-on-year from -$2.4 million in Q1 2025, and down 34.14% quarter-over-quarter from -$3.3 million in Q4 2025.
SmartRent (SMRT) Net Income (2020 - 2026) Analysis & Trends
SmartRent has disclosed Net Income across 7 years of filings, most recently posting -$4.4 million for Q1 2026.
- Net Income for Q1 2026 came in at -$4.4 million, up 88.93% year-over-year; the trailing twelve-month figure through Mar 2026 was -$24.9 million (up 62.36% YoY), and the FY2025 annual result 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.
- The 5-year median for Net Income is -$10.3 million (2023), against an average of -$13.5 million.
- Across the five-year window, Net Income plunged 422.41% in 2025 and jumped 88.93% in 2026, its largest moves.
- SmartRent's Net Income stood at -$21.4 million in 2022, then jumped by 83.76% to -$3.5 million in 2023, then plunged by 228.91% to -$11.4 million in 2024, then jumped by 70.97% to -$3.3 million in 2025, then sank by 34.14% to -$4.4 million in 2026.
- The last three Net Income figures came in at -$4.4 million (Q1 2026), -$3.3 million (Q4 2025), and -$6.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 3.21 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | 208.31 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 302.00 Mn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | -581.00 Mn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 2.09 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 335.66 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 469.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 1.36 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 1.71 Bn |
| 10 | SmartRent | 209.86 Mn | 111.04 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 |