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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 10/3029% below fair value
$1.67−0.03 (-1.76%)

Close on Nov 12, 2026Market cap $319.99MP/E –Yield –

SmartRent operating margin

Operating margin is operating income as a percentage of revenue.

SmartRent's operating margin for the twelve months ending Sep 30, 2026 was -13.0%. For fiscal 2025 it was -42.0%, against -23.9% the year before. The highest annual figure on record is -18.2% in fiscal 2023.

Annual operating margin

PeriodPeriod endValueChange (pts)
FY2025Dec 31, 2025-42.0%−18.1
FY2024Dec 31, 2024-23.9%−5.7
FY2023Dec 31, 2023-18.2%+43.9
FY2022Dec 31, 2022-62.1%+2.6
FY2021Dec 31, 2021-64.8%+3.2
FY2020Dec 31, 2020-68.0%–

Quarterly operating margin

Change is against the same quarter a year earlier.

PeriodPeriod endValueChange (pts)
Q3 FY2026Sep 30, 2026-11.6%+7.8
Q2 FY2026Jun 30, 2026-16.2%+14.3
Q1 FY2026Mar 31, 2026-13.2%+86.7
Q4 FY2025Dec 31, 2025-10.9%+25.7
Q3 FY2025Sep 30, 2025-19.4%+9.6
Q2 FY2025Jun 30, 2025-30.5%−16.2
Q1 FY2025Mar 31, 2025-99.9%−79.7
Q4 FY2024Dec 31, 2024-36.6%−27.0
Q3 FY2024Sep 30, 2024-29.0%−11.9
Q2 FY2024Jun 30, 2024-14.3%+8.4
Q1 FY2024Mar 31, 2024-20.1%+3.4
Q4 FY2023Dec 31, 2023-9.7%+45.2
Q3 FY2023Sep 30, 2023-17.1%+39.0
Q2 FY2023Jun 30, 2023-22.6%+41.1
Q1 FY2023Mar 31, 2023-23.5%+52.3
Q4 FY2022Dec 31, 2022-54.9%+19.8
Q3 FY2022Sep 30, 2022-56.1%+19.4
Q2 FY2022Jun 30, 2022-63.7%−17.6
Q1 FY2022Mar 31, 2022-75.8%−27.6
Q4 FY2021Dec 31, 2021-74.7%+5.3
Q3 FY2021Sep 30, 2021-75.5%−26.7
Q2 FY2021Jun 30, 2021-46.1%–
Q1 FY2021Mar 31, 2021-48.1%–
Q4 FY2020Dec 31, 2020-80.0%–
Q3 FY2020Sep 30, 2020-48.8%–

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