SmartRent (SMRT) Operating Leases (2023 - 2026)

SmartRent (SMRT) has 4 years of Operating Leases data on file, last reported at $5.5 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Leases fell 18.63% year-over-year to $5.5 million; the trailing twelve-month figure through Mar 2026 stood at $5.5 million (down 18.63% YoY), and the FY2025 full-year result was $5.8 million, down 17.5% from the prior year.
• Operating Leases declined to $5.5 million in Q1 2026, 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.
• A 4-year average of $5.8 million and a median of $6.3 million in 2025 frame the typical range for Operating Leases.
• Across the five-year window, Operating Leases jumped 435.55% in 2024 and decreased 18.63% in 2026, its largest moves.
• Tracing SMRT's Operating Leases over 4 years: stood at $1.3 million in 2023, then jumped by 435.55% to $7.0 million in 2024, then slipped by 17.5% to $5.8 million in 2025, then decreased by 5.56% to $5.5 million in 2026.
• Business Quant data shows SMRT's Operating Leases at $5.5 million in Q1 2026, $5.8 million in Q4 2025, and $6.1 million in Q3 2025.