SmartRent (SMRT) Tax Rate (2020 - 2026)
SmartRent recorded quarterly Tax Rate of 0.91% in Q1 2026, down 268.08% quarter-over-quarter from 0.54% in Q4 2025, and down 64.0% year-over-year from 2.52% in Q1 2025.
SmartRent's Tax Rate history runs 7 years deep, the most recent figure standing at 0.91% for Q1 2026.
- In Q1 2026, Tax Rate fell 64.0% year-over-year to 0.91%; the TTM figure through Mar 2026 stood at 0.18% (up 32.0% YoY), while the FY2025 annual figure was 0.19%, up 61.0% from the prior year.
- Tax Rate came in at 0.91% for Q1 2026 at SmartRent, down from 0.54% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 17.05% in Q1 2022 to a low of 2.57% in Q4 2023.
- A 5-year average of 0.7% and a median of 0.27% in 2025 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate soared 1754 bps in 2022 and slumped 1699 bps in 2023, its largest moves.
- SmartRent's Tax Rate stood at 1.65% in 2022, then tumbled by 56 bps to 2.57% in 2023, then jumped by 53 bps to 1.2% in 2024, then jumped by 145 bps to 0.54% in 2025, then sank by 268 bps to 0.91% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 0.91%, 0.54%, and 0.9% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 25.31 |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 39.11 |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 8.36 |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 30.31 |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 21.59 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 22.01 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 23.68 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 24.29 |
| 10 | SmartRent | 245.32 Mn | 146.50 Mn | 15.12 Mn | -0.91 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.91 |
| Mar 31, 2026 | -0.91 |
| Dec 31, 2025 | 0.54 |
| Dec 31, 2025 | 0.54 |
| Sep 30, 2025 | -0.90 |
| Sep 30, 2025 | -0.90 |
| Jun 30, 2025 | 0.30 |
| Jun 30, 2025 | 0.30 |
| Mar 31, 2025 | -0.27 |
| Mar 31, 2025 | -0.27 |
| Dec 31, 2024 | -1.20 |
| Dec 31, 2024 | -1.20 |
| Sep 30, 2024 | -0.18 |
| Sep 30, 2024 | -0.18 |
| Jun 30, 2024 | -1.50 |
| Jun 30, 2024 | -1.50 |
| Mar 31, 2024 | -0.59 |
| Mar 31, 2024 | -0.59 |
| Dec 31, 2023 | -2.57 |
| Dec 31, 2023 | -2.57 |
| Sep 30, 2023 | 0.43 |
| Sep 30, 2023 | 0.43 |
| Jun 30, 2023 | -0.17 |
| Jun 30, 2023 | -0.17 |
| Mar 31, 2023 | 0.05 |
| Mar 31, 2023 | 0.05 |
| Dec 31, 2022 | -1.65 |
| Dec 31, 2022 | -1.65 |
| Sep 30, 2022 | -0.31 |
| Sep 30, 2022 | -0.31 |
| Jun 30, 2022 | 3.79 |
| Jun 30, 2022 | 3.79 |
| Mar 31, 2022 | 17.05 |
| Mar 31, 2022 | 17.05 |
| Dec 31, 2021 | -0.01 |
| Dec 31, 2021 | -0.01 |
| Sep 30, 2021 | -0.16 |
| Sep 30, 2021 | -0.16 |
| Jun 30, 2021 | -0.41 |
| Jun 30, 2021 | -0.41 |
| Mar 31, 2021 | -0.50 |
| Mar 31, 2021 | -0.50 |
| Dec 31, 2020 | 0.20 |
| Dec 31, 2020 | 0.20 |
| Sep 30, 2020 | -0.55 |
| Sep 30, 2020 | -0.55 |