SmartRent (SMRT) Operating Expenses (2020 - 2026)

SmartRent (SMRT) has 7 years of Operating Expenses data on file, last reported at $20.2 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses fell 32.44% year-over-year to $20.2 million; the trailing twelve-month figure through Mar 2026 stood at $79.2 million (down 22.69% YoY), and the FY2025 full-year result was $88.9 million, down 12.92% from the prior year.
• Operating Expenses grew to $20.2 million in Q1 2026, from $18.0 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 $16.6 million in Q3 2025.
• A 5-year average of $24.1 million and a median of $24.2 million in 2024 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses soared 172.36% in 2022 and slumped 34.13% in 2025, its largest moves.
• Tracing SMRT's Operating Expenses over 5 years: stood at $26.2 million in 2022, then fell by 12.83% to $22.8 million in 2023, then gained by 1.23% to $23.1 million in 2024, then retreated by 21.92% to $18.0 million in 2025, then gained by 12.03% to $20.2 million in 2026.
• Business Quant data shows SMRT's Operating Expenses at $20.2 million in Q1 2026, $18.0 million in Q4 2025, and $16.6 million in Q3 2025.