What is SmartRent's income tax?

SmartRent (SMRT) reported income tax of $40K in Q1 2026.

How has SmartRent's income tax changed year-over-year?

SmartRent's income tax decreased by 63.0% year-over-year, from $108K to $40K.

What is the long-term trend for SmartRent's income tax?

Over 2 years (2022 to 2024), SmartRent's income tax has grown at a -78.4% compound annual growth rate (CAGR), from -$5.74M to $267K.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

SmartRent SMRT Income Tax

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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+27.8%

P/S1.5×+0.4×

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:IncomeTaxExpenseBenefit.

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 income tax?: SmartRent (SMRT) reported income tax of $40K in Q1 2026.
How has SmartRent's income tax changed year-over-year?: SmartRent's income tax decreased by 63.0% year-over-year, from $108K to $40K.
What is the long-term trend for SmartRent's income tax?: Over 2 years (2022 to 2024), SmartRent's income tax has grown at a -78.4% compound annual growth rate (CAGR), from -$5.74M to $267K.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.