SmartRent (SMRT) Research & Development (2020 - 2026)

SmartRent has disclosed Research & Development across 7 years of filings, most recently posting $6.1 million for Q1 2026.

• Research & Development for Q1 2026 came in at $6.1 million, down 25.58% year-over-year; the trailing twelve-month figure through Mar 2026 was $24.1 million (down 17.61% YoY), and the FY2025 annual result was $26.2 million, down 10.71% from the prior year.
• Research & Development came in at $6.1 million for Q1 2026 at SmartRent, up from $5.4 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $8.4 million in Q1 2024 to a low of $5.4 million in Q4 2025.
• The 5-year median for Research & Development is $7.2 million (2023), against an average of $7.1 million.
• Across the five-year window, Research & Development soared 108.41% in 2022 and fell 25.58% in 2026, its largest moves.
• SmartRent's Research & Development stood at $7.3 million in 2022, then rose by 1.76% to $7.5 million in 2023, then decreased by 7.21% to $6.9 million in 2024, then decreased by 22.74% to $5.4 million in 2025, then grew by 14.84% to $6.1 million in 2026.
• The last three Research & Development figures came in at $6.1 million (Q1 2026), $5.4 million (Q4 2025), and $6.1 million (Q3 2025), per Business Quant data.