SmartRent (SMRT) Operating Income (2020 - 2026)
SmartRent's (SMRT) quarterly Operating Income came in at -$6.5 million in Q2 2026, up 44.71% year-over-year from -$4.5 million in Q2 2025, and down 26.84% quarter-over-quarter from -$5.1 million in Q1 2026.
Analysis
SmartRent (SMRT) Operating Income (2020 - 2026) Analysis & Trends
SmartRent has disclosed Operating Income across 7 years of filings, most recently posting -$6.5 million for Q2 2026.
- In Q2 2026, Operating Income rose 44.71% year-over-year to -$6.5 million; the TTM figure through Jun 2026 stood at -$22.6 million (up 70.96% YoY), while the FY2025 annual figure was -$64.0 million, down 53.16% from the prior year.
- Operating Income came in at -$6.5 million for Q2 2026 at SmartRent, down from -$5.1 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of -$4.0 million in Q4 2025 to a low of -$41.3 million in Q1 2025.
- Average Operating Income over 5 years is -$14.7 million, with a median of -$11.7 million recorded in 2024.
- Year-over-year, Operating Income plunged 306.43% in 2025 and surged 87.66% in 2026.
- Over 5 years, Operating Income stood at -$22.3 million in 2022, then jumped by 73.82% to -$5.8 million in 2023, then tumbled by 122.23% to -$13.0 million in 2024, then jumped by 69.32% to -$4.0 million in 2025, then plunged by 62.54% to -$6.5 million in 2026.
- Per Business Quant data, the three most recent Operating Income figures were -$6.5 million in Q2 2026, -$5.1 million in Q1 2026, and -$4.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Costar | 12.52 Bn | 11.27 Bn | 728.00 Mn | 76.00 Mn |
| 2 | Zillow | 7.78 Bn | 7.10 Bn | 562.00 Mn | -10.00 Mn |
| 3 | Appfolio | 7.58 Bn | 7.36 Bn | 178.53 Mn | 52.98 Mn |
| 4 | Fangdd Network | 3.79 Bn | 3.69 Bn | - | - |
| 5 | SmartRent | 256.76 Mn | 164.10 Mn | 16.22 Mn | -6.46 Mn |
| 6 | DeFi Development | 179.51 Mn | 173.23 Mn | 3.29 Mn | -22.84 Mn |
| 7 | 3 E Network Technology | 619,891.97 | -278,983.03 | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -6.46 Mn |
| Mar 31, 2026 | -5.09 Mn |
| Dec 31, 2025 | -3.98 Mn |
| Sep 30, 2025 | -7.03 Mn |
| Jun 30, 2025 | -11.69 Mn |
| Mar 31, 2025 | -41.29 Mn |
| Dec 31, 2024 | -12.96 Mn |
| Sep 30, 2024 | -11.74 Mn |
| Jun 30, 2024 | -6.92 Mn |
| Mar 31, 2024 | -10.16 Mn |
| Dec 31, 2023 | -5.83 Mn |
| Sep 30, 2023 | -9.95 Mn |
| Jun 30, 2023 | -12.09 Mn |
| Mar 31, 2023 | -15.29 Mn |
| Dec 31, 2022 | -22.27 Mn |
| Sep 30, 2022 | -26.67 Mn |
| Jun 30, 2022 | -27.01 Mn |
| Mar 31, 2022 | -28.30 Mn |
| Dec 31, 2021 | -25.91 Mn |
| Sep 30, 2021 | -26.53 Mn |