SmartRent (SMRT) Operating Income (2020 - 2026)
SmartRent (SMRT) reported Operating Income of -$5.1 million for Q1 2026, up 87.66% on a YoY basis from -$2.7 million in Q1 2025, and down 28.15% sequentially from -$4.0 million in Q4 2025.
SmartRent (SMRT) Operating Income (2020 - 2026) Analysis & Trends
SmartRent (SMRT) has 7 years of Operating Income data on file, last reported at -$5.1 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Income rose 87.66% year-over-year to -$5.1 million; the trailing twelve-month figure through Mar 2026 stood at -$27.8 million (up 61.89% YoY), and the FY2025 full-year result was -$64.0 million, down 53.16% from the prior year.
- Operating Income retreated to -$5.1 million in Q1 2026, from -$4.0 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.
- A 5-year average of -$15.2 million and a median of -$11.7 million in 2024 frame the typical range for Operating Income.
- Across the five-year window, Operating Income tumbled 306.43% in 2025 and jumped 87.66% in 2026, its largest moves.
- Tracing SMRT's Operating Income over 5 years: stood at -$22.3 million in 2022, then soared by 73.82% to -$5.8 million in 2023, then slumped by 122.23% to -$13.0 million in 2024, then soared by 69.32% to -$4.0 million in 2025, then slipped by 28.15% to -$5.1 million in 2026.
- Business Quant data shows SMRT's Operating Income at -$5.1 million in Q1 2026, -$4.0 million in Q4 2025, and -$7.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 3.21 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | 145.83 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 382.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 1.92 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 2.35 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 162.00 Mn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | -1.37 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -326.15 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 431.33 Mn |
| 10 | SmartRent | 182.07 Mn | 83.25 Mn | 15.12 Mn | -5.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | -10.00 Mn |