SmartRent (SMRT) Operating Income (2020 - 2026)
SmartRent (SMRT) posted Operating Income of -$5.1 million for Q1 2026, down 28.15% sequentially from -$4.0 million in Q4 2025, and up 87.66% YoY from -$2.7 million in Q1 2025.
SmartRent (SMRT) Operating Income (2020 - 2026) Analysis & Trends
SmartRent has reported Operating Income for 7 years, with the latest figure at -$5.1 million in Q1 2026.
- Quarterly Operating Income rose 87.66% year-over-year to -$5.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$27.8 million (up 61.89% YoY) and the FY2025 annual result came in at -$64.0 million, down 53.16% from the prior year.
- Operating Income retreated to -$5.1 million in Q1 2026 per SMRT's latest filing, from -$4.0 million in the prior quarter.
- Over five years, Operating Income peaked at -$4.0 million in Q4 2025 and troughed at -$41.3 million in Q1 2025.
- A 5-year average of -$15.2 million and a median of -$11.7 million in 2024 frame the typical range for Operating Income.
- The sharpest annual moves came in 2025 and 2026: Operating Income sank 306.43% in 2025, then soared 87.66% in 2026.
- Over 5 years, Operating Income stood at -$22.3 million in 2022, then soared by 73.82% to -$5.8 million in 2023, then sank by 122.23% to -$13.0 million in 2024, then soared by 69.32% to -$4.0 million in 2025, then fell by 28.15% to -$5.1 million in 2026.
- According to Business Quant data, Operating Income over the past three periods registered -$5.1 million, -$4.0 million, and -$7.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 6.26 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 488.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 2.35 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 1.89 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 162.00 Mn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -326.15 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | -1.82 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 2.24 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.02 Bn |
| 10 | SmartRent | 287.42 Mn | 194.75 Mn | 16.22 Mn | -6.46 Mn |
Historic Data
Download 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 |