SmartRent, Inc. (SMRT) stock

SMRTNYSEServices-Computer Integrated Systems DesignFiscal year ends December 31

Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 4, 2026Score 10/3031% below fair value

$1.59−0.08 (-4.79%)

Close on Nov 13, 2026Market cap $304.66MP/E –Yield –

SmartRent gross margin

Gross margin is gross profit as a percentage of revenue.

SmartRent's gross margin for the twelve months ending Sep 30, 2026 was 39.9%. For fiscal 2025 it was 32.7%, against 34.5% the year before. The highest annual figure on record is 34.5% in fiscal 2024.

Annual gross margin

Period	Period end	Value	Change (pts)
FY2025	Dec 31, 2025	32.7%	−1.8
FY2024	Dec 31, 2024	34.5%	+13.6
FY2023	Dec 31, 2023	20.9%	+20.1
FY2022	Dec 31, 2022	0.8%	+9.9
FY2021	Dec 31, 2021	-9.1%	−0.9
FY2020	Dec 31, 2020	-8.2%	–

Quarterly gross margin

Change is against the same quarter a year earlier.

Period	Period end	Value	Change (pts)
Q3 FY2026	Sep 30, 2026	41.2%	+14.7
Q2 FY2026	Jun 30, 2026	40.7%	+7.6
Q1 FY2026	Mar 31, 2026	39.1%	+6.3
Q4 FY2025	Dec 31, 2025	38.6%	+9.9
Q3 FY2025	Sep 30, 2025	26.4%	−6.8
Q2 FY2025	Jun 30, 2025	33.1%	−2.6
Q1 FY2025	Mar 31, 2025	32.8%	−5.7
Q4 FY2024	Dec 31, 2024	28.7%	+0.5
Q3 FY2024	Sep 30, 2024	33.2%	+9.9
Q2 FY2024	Jun 30, 2024	35.7%	+17.2
Q1 FY2024	Mar 31, 2024	38.5%	+24.5
Q4 FY2023	Dec 31, 2023	28.2%	+18.5
Q3 FY2023	Sep 30, 2023	23.3%	+20.8
Q2 FY2023	Jun 30, 2023	18.5%	+16.2
Q1 FY2023	Mar 31, 2023	14.0%	+26.7
Q4 FY2022	Dec 31, 2022	9.7%	+18.8
Q3 FY2022	Sep 30, 2022	2.5%	+21.8
Q2 FY2022	Jun 30, 2022	2.3%	+1.0
Q1 FY2022	Mar 31, 2022	-12.7%	−10.5
Q4 FY2021	Dec 31, 2021	-9.1%	+12.3
Q3 FY2021	Sep 30, 2021	-19.3%	−19.1
Q2 FY2021	Jun 30, 2021	1.3%	–
Q1 FY2021	Mar 31, 2021	-2.2%	–
Q4 FY2020	Dec 31, 2020	-21.4%	–
Q3 FY2020	Sep 30, 2020	-0.2%	–