SmartRent (SMRT) Operating Leases (2023 - 2026)

SmartRent has disclosed Operating Leases across 4 years of filings, most recently posting $5.2 million for Q2 2026.

• In Q2 2026, Operating Leases fell 18.49% year-over-year to $5.2 million; the TTM figure through Jun 2026 stood at $5.2 million (down 18.49% YoY), while the FY2025 annual figure was $5.8 million, down 17.5% from the prior year.
• Operating Leases came in at $5.2 million for Q2 2026 at SmartRent, down from $5.5 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.
• Average Operating Leases over 4 years is $5.7 million, with a median of $6.1 million recorded in 2025.
• Year-over-year, Operating Leases surged 435.55% in 2024 and slipped 18.63% in 2026.
• Over 4 years, 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 decreased by 9.72% to $5.2 million in 2026.
• Per Business Quant data, the three most recent Operating Leases figures were $5.2 million in Q2 2026, $5.5 million in Q1 2026, and $5.8 million in Q4 2025.