SmartRent (SMRT) Net Margin (2020 - 2026)
SmartRent's Net Margin came in at -14.16% for Q2 2026, up 14.19 percentage points from -28.35% a year earlier but down 2.66 percentage points from the prior quarter.
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Analysis
SmartRent (SMRT) Net Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, SmartRent reported Net Margin of -12.96%, up 33.58 percentage points year-over-year; for FY2025, it was -39.76%, down 20.52 percentage points from FY2024.
- Net Margin carries a five-year change of +30.88 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was -19.24% in FY2024 (-4.63 pp), -14.60% in FY2023 (+42.79 pp), -57.40% in FY2022 (+7.65 pp) and -65.04% in FY2021 (+5.60 pp).
- The five-year range for quarterly Net Margin is -97.19% (Q1 2025) to -5.48% (Q4 2023).
- Year-over-year, Net Margin has increased for four consecutive quarters, with an average year-over-year change of -1.05 percentage points over the last eight quarters.
- The fastest year-over-year change in Net Margin over five years came in Q1 2026 (a gain of 85.70 percentage points), and the weakest in Q1 2025 (a drop of 81.96 percentage points).
- Business Quant data shows SMRT's Net Margin at -11.50% (Q1 2026), -8.89% (Q4 2025) and -17.32% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 29.47% |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 3.19% |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 8.07% |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 19.80% |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | -48.53% |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 11.11% |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 16.91% |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 5.95% |
| 10 | SmartRent | 229.93 Mn | -166.12 Mn | 16.22 Mn | -14.16% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -14.16% |
| Mar 31, 2026 | -11.50% |
| Dec 31, 2025 | -8.89% |
| 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 | -74.88% |
| Sep 30, 2021 | -75.96% |
API Access
SmartRent Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=SMRT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "SMRT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=SMRT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();