What is SmartRent's change in inventories?

SmartRent (SMRT) reported change in inventories of -$2.5M in Q1 2026.

How has SmartRent's change in inventories changed year-over-year?

SmartRent's change in inventories decreased by 32.6% year-over-year, from -$1.89M to -$2.5M.

What is the long-term trend for SmartRent's change in inventories?

Over 2 years (2021 to 2023), SmartRent's change in inventories has grown at a 41.7% compound annual growth rate (CAGR), from $15.78M to -$31.69M.

What does change in inventories mean?

Increase or decrease in inventory levels, directly affecting operating cash flow and working capital.

SmartRent SMRT Change in Inventories

Change in Inventories at other companies

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$20.89M+1,205%

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$1.41M+538%

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-$2.36M-123%

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-$9.84M-233%

Other financials

Income statement

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Revenue$38.7M-6.4%

Gross profit$15.1M+11.5%

Operating income-$5.1M+87.7%

Net income-$4.4M+88.9%

EPS (diluted)-$0.02+90.5%

Balance sheet

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Cash & equivalents$98.8M-21.3%

Total debt$7.0M-7.8%

Total equity$230.7M-8.0%

Total assets$300.2M-18.0%

Cash flow

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Operating cash flow-$4.5M+62.7%

CapEx$30.0K-98.6%

Free cash flow-$4.6M+68.1%

Valuation

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Market cap$229.48M+23.5%

P/S1.5×+0.3×

Profitability

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Gross margin34.4%+1.5pp

Operating margin-18.6%-6.8pp

Net margin-16.6%-6.1pp

FCF margin-30.4%-43.6pp

Returns & leverage

See full

Return on equity-10.3%-3.6pp

Debt / equity0×0.0×

Current ratio3.9×+0.9×

Where this comes from

Reported directly by SmartRent in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInInventories.

The official record: SmartRent’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is SmartRent's change in inventories?: SmartRent (SMRT) reported change in inventories of -$2.5M in Q1 2026.
How has SmartRent's change in inventories changed year-over-year?: SmartRent's change in inventories decreased by 32.6% year-over-year, from -$1.89M to -$2.5M.
What is the long-term trend for SmartRent's change in inventories?: Over 2 years (2021 to 2023), SmartRent's change in inventories has grown at a 41.7% compound annual growth rate (CAGR), from $15.78M to -$31.69M.
What does change in inventories mean?: Increase or decrease in inventory levels, directly affecting operating cash flow and working capital.