SmartRent (SMRT) Operating Expenses (2020 - 2026)

SmartRent has disclosed Operating Expenses across 7 years of filings, most recently posting $22.7 million for Q2 2026.

• In Q2 2026, Operating Expenses fell 6.87% year-over-year to $22.7 million; the TTM figure through Jun 2026 stood at $77.5 million (down 24.41% YoY), while the FY2025 annual figure was $88.9 million, down 12.92% from the prior year.
• Operating Expenses came in at $22.7 million for Q2 2026 at SmartRent, up from $20.2 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.
• Average Operating Expenses over 5 years is $24.0 million, with a median of $23.9 million recorded in 2022.
• Year-over-year, Operating Expenses jumped 172.36% in 2022 and tumbled 34.13% in 2025.
• Over 5 years, Operating Expenses stood at $26.2 million in 2022, then retreated by 12.83% to $22.8 million in 2023, then advanced by 1.23% to $23.1 million in 2024, then decreased by 21.92% to $18.0 million in 2025, then gained by 25.69% to $22.7 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $22.7 million in Q2 2026, $20.2 million in Q1 2026, and $18.0 million in Q4 2025.