SmartRent (SMRT) Operating Leases (2023 - 2026)

SmartRent has disclosed Operating Leases across 4 years of filings, most recently posting $5.5 million for Q1 2026.

• Operating Leases for Q1 2026 came in at $5.5 million, down 18.63% year-over-year; the trailing twelve-month figure through Mar 2026 was $5.5 million (down 18.63% YoY), and the FY2025 annual result was $5.8 million, down 17.5% from the prior year.
• Operating Leases came in at $5.5 million for Q1 2026 at SmartRent, down from $5.8 million in the prior quarter.
• In the past five years, Operating Leases ranged from a high of $7.3 million in Q3 2024 to a low of $1.3 million in Q4 2023.
• The 4-year median for Operating Leases is $6.3 million (2025), against an average of $5.8 million.
• Across the five-year window, Operating Leases jumped 435.55% in 2024 and decreased 18.63% in 2026, its largest moves.
• SmartRent's Operating Leases stood at $1.3 million in 2023, then surged by 435.55% to $7.0 million in 2024, then dropped by 17.5% to $5.8 million in 2025, then slipped by 5.56% to $5.5 million in 2026.
• The last three Operating Leases figures came in at $5.5 million (Q1 2026), $5.8 million (Q4 2025), and $6.1 million (Q3 2025), per Business Quant data.