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SmartRent (SMRT) Operating Expenses (2020 - 2025)

SmartRent (SMRT) has disclosed Operating Expenses for 6 consecutive years, with $18.0 million as the latest value for Q4 2025.

  • Quarterly Operating Expenses fell 21.92% to $18.0 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $88.9 million through Dec 2025, down 12.92% year-over-year, with the annual reading at $88.9 million for FY2025, 12.92% down from the prior year.
  • Operating Expenses hit $18.0 million in Q4 2025 for SmartRent, up from $16.6 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $29.9 million in Q1 2025 to a low of $8.8 million in Q1 2021.
  • Historically, Operating Expenses has averaged $22.5 million across 5 years, with a median of $23.5 million in 2022.
  • Biggest five-year swings in Operating Expenses: skyrocketed 185.47% in 2021 and later tumbled 34.13% in 2025.
  • Year by year, Operating Expenses stood at $22.8 million in 2021, then increased by 15.1% to $26.2 million in 2022, then fell by 12.83% to $22.8 million in 2023, then grew by 1.23% to $23.1 million in 2024, then dropped by 21.92% to $18.0 million in 2025.
  • Business Quant data shows Operating Expenses for SMRT at $18.0 million in Q4 2025, $16.6 million in Q3 2025, and $24.4 million in Q2 2025.