SmartRent (SMRT) Operating Leases (2023 - 2026)
SmartRent's Operating Leases came in at $5.23 million for Q2 2026, down 18.5% from $6.42 million a year earlier and down 4.4% from the prior quarter.
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Analysis
SmartRent (SMRT) Operating Leases (2023 - 2026) Analysis & Trends
At the end of FY2025, SmartRent's Operating Leases was $5.79 million, down 17.5% from FY2024.
- Going back by year, Operating Leases was $7.02 million in FY2024 (+435.5%) and $1.31 million in FY2023.
- The Q2 2026 figure represents the lowest quarterly Operating Leases since Q4 2023.
- Year-over-year, Operating Leases has declined for four consecutive quarters, with growth averaging 72.9% over the last five quarters.
- Business Quant data shows SMRT's Operating Leases at $5.47 million (Q1 2026), $5.79 million (Q4 2025) and $6.11 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn |
| 10 | SmartRent | 229.93 Mn | -166.12 Mn | 16.22 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.23 Mn |
| Mar 31, 2026 | 5.47 Mn |
| Dec 31, 2025 | 5.79 Mn |
| Sep 30, 2025 | 6.11 Mn |
| Jun 30, 2025 | 6.42 Mn |
| Mar 31, 2025 | 6.72 Mn |
| Dec 31, 2024 | 7.02 Mn |
| Sep 30, 2024 | 7.31 Mn |
| Dec 31, 2023 | 1.31 Mn |
API Access
SmartRent Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=SMRT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "SMRT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=SMRT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();