Connect your AI

SmartRent SMRT Change in Lease Liabilities

Change in Lease Liabilities at other companies

Alarm.com HoldingsALRM

-$4.07M-17.2%

AppFolioAPPF

-$1.18M-12.3%

BlackLineBL

-$1.63M-7.8%

Other financials

Income statement

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

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

Operating cash flow-$4.5M+62.7%

CapEx$30.0K-98.6%

Free cash flow-$4.6M+68.1%

Valuation

Market cap$229.48M+27.8%

P/S1.5×+0.4×

Profitability

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

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:IncreaseDecreaseInOperatingLeaseLiability.

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

Ask your AI about SmartRent's change in lease liabilities.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Harbor at dusk

Questions, answered.

What is SmartRent's change in lease liabilities?: SmartRent (SMRT) reported change in lease liabilities of -$299K in Q1 2026.
How has SmartRent's change in lease liabilities changed year-over-year?: SmartRent's change in lease liabilities decreased by 61.6% year-over-year, from -$185K to -$299K.
What is the long-term trend for SmartRent's change in lease liabilities?: Over 4 years (2021 to 2025), SmartRent's change in lease liabilities has grown at a 7.2% compound annual growth rate (CAGR), from -$449K to -$592K.
What does change in lease liabilities mean?: Cash payments for operating leases reducing the lease liability, partially offset by new lease commencements.