What is SmartRent's PP&E (net)?

SmartRent (SMRT) reported PP&E (net) of $4.86M in Q1 2026.

How has SmartRent's PP&E (net) changed year-over-year?

SmartRent's PP&E (net) decreased by 8.4% year-over-year, from $5.31M to $4.86M.

What is the long-term trend for SmartRent's PP&E (net)?

Over 5 years (2020 to 2025), SmartRent's PP&E (net) has grown at a 43.3% compound annual growth rate (CAGR), from $847K to $5.12M.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

SmartRent SMRT PP&E (Net)

PP&E (Net) at other companies

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$62.82M-8.5%

CalixCALX

$39M+26.5%

VenHub Global, Inc. VHUB

$1.28M—

ItronITRI

$122.23M+8.7%

AppFolioAPPF

$22.45M-4.1%

BlackLineBL

$12.96M-9.2%

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:PropertyPlantAndEquipmentNet.

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 PP&E (net)?: SmartRent (SMRT) reported PP&E (net) of $4.86M in Q1 2026.
How has SmartRent's PP&E (net) changed year-over-year?: SmartRent's PP&E (net) decreased by 8.4% year-over-year, from $5.31M to $4.86M.
What is the long-term trend for SmartRent's PP&E (net)?: Over 5 years (2020 to 2025), SmartRent's PP&E (net) has grown at a 43.3% compound annual growth rate (CAGR), from $847K to $5.12M.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.