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SmartRent SMRT Deferred contract costs

Deferred contract costs at other companies

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$3.64M+58.5%
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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+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

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Return on equity-10.3%-3.6pp
Debt / equity0.0×
Current ratio3.9×+0.9×

Where this comes from

Reported directly by SmartRent in its filing.

Tagged under the XBRL concept us-gaap:DeferredCosts.

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 deferred contract costs?
SmartRent (SMRT) reported deferred contract costs of $46K in Q1 2026.
How has SmartRent's deferred contract costs changed year-over-year?
SmartRent's deferred contract costs decreased by 97.5% year-over-year, from $1.85M to $46K.
What is the long-term trend for SmartRent's deferred contract costs?
Over 5 years (2020 to 2025), SmartRent's deferred contract costs has grown at a -58.7% compound annual growth rate (CAGR), from $10.07M to $121K.
What does deferred contract costs mean?
This metric represents the capitalized incremental costs incurred to obtain customer contracts that are expected to be recovered over a period exceeding one year. It reflects the amortization of sales commissions and other direct costs associated with long-term service agreements within the enterprise smart home platform. Tracking this balance provides insight into the company's investment in customer acquisition and the timing of expense recognition relative to contract duration.