SmartRent (SMRT) Net Margin (2020 - 2026)
SmartRent's (SMRT) quarterly Net Margin came in at 11.5% in Q1 2026, up 8570.0% year-on-year from 0.13% in Q1 2025, and down 26.47% quarter-over-quarter from 9.09% in Q4 2025.
SmartRent (SMRT) Net Margin (2020 - 2026) Analysis & Trends
SmartRent has disclosed Net Margin across 7 years of filings, most recently posting 11.5% for Q1 2026.
- Net Margin for Q1 2026 came in at 11.5%, up 8570.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 16.63% (up 2327.0% YoY), and the FY2025 annual result was 39.8%, down 2057.0% from the prior year.
- Net Margin came in at 11.5% for Q1 2026 at SmartRent, down from 9.09% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 5.76% in Q4 2023 to a low of 97.19% in Q1 2025.
- The 5-year median for Net Margin is 20.31% (2023), against an average of 31.41%.
- Across the five-year window, Net Margin tumbled 8196 bps in 2025 and surged 8570 bps in 2026, its largest moves.
- SmartRent's Net Margin stood at 52.75% in 2022, then jumped by 89 bps to 5.76% in 2023, then sank by 460 bps to 32.3% in 2024, then jumped by 72 bps to 9.09% in 2025, then decreased by 26 bps to 11.5% in 2026.
- The last three Net Margin figures came in at 11.5% (Q1 2026), 9.09% (Q4 2025), and 17.32% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 20.22% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 2.29% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | -18.33% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 18.74% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 22.77% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 12.44% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 22.90% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 25.87% |
| 10 | SmartRent | 209.86 Mn | 111.04 Mn | 15.12 Mn | -11.50% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -11.50% |
| Dec 31, 2025 | -9.09% |
| Sep 30, 2025 | -17.32% |
| Jun 30, 2025 | -28.35% |
| Mar 31, 2025 | -97.19% |
| Dec 31, 2024 | -32.30% |
| Sep 30, 2024 | -24.50% |
| Jun 30, 2024 | -9.49% |
| Mar 31, 2024 | -15.24% |
| Dec 31, 2023 | -5.76% |
| Sep 30, 2023 | -13.29% |
| Jun 30, 2023 | -19.38% |
| Mar 31, 2023 | -20.31% |
| Dec 31, 2022 | -52.75% |
| Sep 30, 2022 | -54.63% |
| Jun 30, 2022 | -60.34% |
| Mar 31, 2022 | -62.62% |
| Dec 31, 2021 | -74.93% |
| Sep 30, 2021 | -75.96% |
| Jun 30, 2021 | -13.90% |