SmartRent (SMRT) Tax Rate (2020 - 2026)

SmartRent's (SMRT) quarterly Tax Rate came in at 0.91% in Q1 2026, down 64.0% year-on-year from 2.52% in Q1 2025, and down 268.08% quarter-over-quarter from 0.54% in Q4 2025.

SmartRent (SMRT) Tax Rate (2020 - 2026) Analysis & Trends

SmartRent has disclosed Tax Rate across 7 years of filings, most recently posting 0.91% for Q1 2026.

  • Tax Rate for Q1 2026 came in at 0.91%, down 64.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.18% (up 32.0% YoY), and the FY2025 annual result 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.
  • The 5-year median for Tax Rate is 0.27% (2025), against an average of 0.7%.
  • Across the five-year window, Tax Rate surged 1754 bps in 2022 and tumbled 1699 bps in 2023, its largest moves.
  • SmartRent's Tax Rate stood at 1.65% in 2022, then plunged by 56 bps to 2.57% in 2023, then soared by 53 bps to 1.2% in 2024, then soared by 145 bps to 0.54% in 2025, then slumped by 268 bps to 0.91% in 2026.
  • The last three Tax Rate figures came in at 0.91% (Q1 2026), 0.54% (Q4 2025), and 0.9% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn -
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -18.42%
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 39.11%
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 8.36%
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 22.74%
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 21.59%
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 30.31%
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 23.68%
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 23.50%
10 SmartRent 209.86 Mn 111.04 Mn 15.12 Mn -0.91%

Historic Data

Download Data
DateValue
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%