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SmartRent SMRT Increase (Decrease) in Prepaid Expense and Other Assets

Increase (Decrease) in Prepaid Expense and Other Assets at other companies

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-$804K+71.4%
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AppFolioAPPF
$8.21M+50.3%
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$572K+886%
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$3.31M+76.1%
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Porch Group, Inc.PRCH
$5.74M+103%
ROP
Roper Technologies, Inc.ROP

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×
Current ratio3.9×+0.9×

Where this comes from

Reported directly by SmartRent in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets.

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 increase (decrease) in prepaid expense and other assets?
SmartRent (SMRT) reported increase (decrease) in prepaid expense and other assets of $559K in Q1 2026.
How has SmartRent's increase (decrease) in prepaid expense and other assets changed year-over-year?
SmartRent's increase (decrease) in prepaid expense and other assets increased by 47.1% year-over-year, from $380K to $559K.
What is the long-term trend for SmartRent's increase (decrease) in prepaid expense and other assets?
Over 2 years (2023 to 2025), SmartRent's increase (decrease) in prepaid expense and other assets has grown at a 180.0% compound annual growth rate (CAGR), from -$838K to -$6.57M.
What does increase (decrease) in prepaid expense and other assets mean?
This tracks changes in cash paid in advance for goods or services that will be consumed in future periods. It reflects the timing difference between cash outflows and the recognition of related expenses on the income statement.