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SmartRent (SMRT) Research & Development (2020 - 2025)

SmartRent (SMRT) has disclosed Research & Development for 6 consecutive years, with $5.4 million as the latest value for Q4 2025.

  • Quarterly Research & Development fell 22.74% to $5.4 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $26.2 million through Dec 2025, down 10.71% year-over-year, with the annual reading at $26.2 million for FY2025, 10.71% down from the prior year.
  • Research & Development hit $5.4 million in Q4 2025 for SmartRent, down from $6.1 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 $3.1 million in Q1 2021.
  • Historically, Research & Development has averaged $6.8 million across 5 years, with a median of $7.1 million in 2023.
  • Biggest five-year swings in Research & Development: surged 171.79% in 2021 and later dropped 22.74% in 2025.
  • Year by year, Research & Development stood at $7.5 million in 2021, then fell by 2.38% to $7.3 million in 2022, then increased by 1.76% to $7.5 million in 2023, then dropped by 7.21% to $6.9 million in 2024, then dropped by 22.74% to $5.4 million in 2025.
  • Business Quant data shows Research & Development for SMRT at $5.4 million in Q4 2025, $6.1 million in Q3 2025, and $6.5 million in Q2 2025.