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

SmartRent (SMRT) has 7 years of Research & Development data on file, last reported at $6.1 million in Q1 2026.

• For the quarter ending Q1 2026, Research & Development fell 25.58% year-over-year to $6.1 million; the trailing twelve-month figure through Mar 2026 stood at $27.7 million (up 13.74% YoY), and the FY2025 full-year result was $26.2 million, down 10.71% from the prior year.
• Research & Development declined to $6.1 million in Q1 2026, from $10.7 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $14.2 million in Q4 2023 to a low of $4.4 million in Q3 2025.
• A 5-year average of $6.5 million and a median of $6.1 million in 2022 frame the typical range for Research & Development.
• Across the five-year window, Research & Development soared 93.28% in 2023 and slumped 51.15% in 2024, its largest moves.
• Tracing SMRT's Research & Development over 5 years: stood at $7.3 million in 2022, then surged by 93.28% to $14.2 million in 2023, then tumbled by 51.15% to $6.9 million in 2024, then soared by 54.83% to $10.7 million in 2025, then slumped by 42.69% to $6.1 million in 2026.
• Business Quant data shows SMRT's Research & Development at $6.1 million in Q1 2026, $10.7 million in Q4 2025, and $4.4 million in Q3 2025.