SmartRent (SMRT) Net Margin (2020 - 2026)
SmartRent's (SMRT) quarterly Net Margin came in at 14.16% in Q2 2026, up 1419.0% year-over-year from 0.93% in Q2 2025, and down 23.13% quarter-over-quarter from 11.5% in Q1 2026.
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Analysis
SmartRent (SMRT) Net Margin (2020 - 2026) Analysis & Trends
SmartRent has disclosed Net Margin across 7 years of filings, most recently posting 14.16% for Q2 2026.
- In Q2 2026, Net Margin rose 1419.0% year-over-year to 14.16%; the TTM figure through Jun 2026 stood at 4.53% (up 4201.0% YoY), while the FY2025 annual figure was 31.39%, down 1215.0% from the prior year.
- Net Margin came in at 14.16% for Q2 2026 at SmartRent, down from 11.5% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 26.06% in Q4 2025 to a low of 97.19% in Q1 2025.
- Average Net Margin over 5 years is 28.49%, with a median of 19.84% recorded in 2023.
- Year-over-year, Net Margin slumped 8196 bps in 2025 and soared 8570 bps in 2026.
- Over 5 years, Net Margin stood at 52.75% in 2022, then soared by 90 bps to 5.48% in 2023, then slumped by 490 bps to 32.3% in 2024, then jumped by 181 bps to 26.06% in 2025, then slumped by 154 bps to 14.16% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 14.16% in Q2 2026, 11.5% in Q1 2026, and 26.06% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Costar | 12.52 Bn | 11.27 Bn | 728.00 Mn | 5.95% |
| 2 | Zillow | 7.78 Bn | 7.10 Bn | 562.00 Mn | -0.52% |
| 3 | Appfolio | 7.58 Bn | 7.36 Bn | 178.53 Mn | 14.77% |
| 4 | Fangdd Network | 3.79 Bn | 3.69 Bn | - | - |
| 5 | SmartRent | 256.76 Mn | 164.10 Mn | 16.22 Mn | -14.16% |
| 6 | DeFi Development | 179.51 Mn | 173.23 Mn | 3.29 Mn | -823.39% |
| 7 | 3 E Network Technology | 619,891.97 | -278,983.03 | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -14.16% |
| Mar 31, 2026 | -11.50% |
| Dec 31, 2025 | 26.06% |
| 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 | -5.48% |
| 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% |