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

SmartRent has disclosed Research & Development across 7 years of filings, most recently posting $5.6 million for Q2 2026.

• In Q2 2026, Research & Development fell 13.66% year-over-year to $5.6 million; the TTM figure through Jun 2026 stood at $23.2 million (down 17.76% YoY), while the FY2025 annual figure was $26.2 million, down 10.71% from the prior year.
• Research & Development came in at $5.6 million for Q2 2026 at 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 $5.4 million in Q4 2025.
• Average Research & Development over 5 years is $7.0 million, with a median of $7.1 million recorded in 2023.
• Year-over-year, Research & Development jumped 108.41% in 2022 and retreated 25.58% in 2026.
• Over 5 years, 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 4.3% to $5.6 million in 2026.
• Per Business Quant data, the three most recent Research & Development figures were $5.6 million in Q2 2026, $6.1 million in Q1 2026, and $5.4 million in Q4 2025.