What is SmartRent's payments to capitalized software costs?

SmartRent (SMRT) reported payments to capitalized software costs of $1.06M in Q1 2026.

How has SmartRent's payments to capitalized software costs changed year-over-year?

SmartRent's payments to capitalized software costs decreased by 17.9% year-over-year, from $1.29M to $1.06M.

What does payments to capitalized software costs mean?

Represents cash expenditures directed toward the development or acquisition of internal-use software that is capitalized rather than expensed immediately. For technology-driven companies, this indicates the level of investment in long-term product infrastructure and innovation.

SmartRent SMRT Payments To Capitalized Software Costs

Payments To Capitalized Software Costs at other companies

CareCloud, Inc.CCLD

$820K-3.1%

flyExclusiveFLYX

-$77K-435%

Fastly, Inc. FSLY

$3.74M-21.6%

Zeta Global HoldingsZETA

$5.54M+33.4%

ESCO TechnologiesESE

$2.61M-9.5%

Carlsmed, Inc. Common StockCARL

$127K-18.1%

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

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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 smrt:PaymentsToCapitalizedSoftwareCosts.

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 payments to capitalized software costs?: SmartRent (SMRT) reported payments to capitalized software costs of $1.06M in Q1 2026.
How has SmartRent's payments to capitalized software costs changed year-over-year?: SmartRent's payments to capitalized software costs decreased by 17.9% year-over-year, from $1.29M to $1.06M.
What does payments to capitalized software costs mean?: Represents cash expenditures directed toward the development or acquisition of internal-use software that is capitalized rather than expensed immediately. For technology-driven companies, this indicates the level of investment in long-term product infrastructure and innovation.