SmartRent SMRT Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 34.4%+1.5pp | 32.7%-1.8pp | 30.4%-3.2pp | 32%+1.1pp | 32.9%+5.9pp | |
| Operating margin | -18.6%+25.4pp | -42%-18.1pp | -48.2%-30.9pp | -49.9%-34.8pp | -44%-26.9pp | |
| Net margin | -16.6%+23.3pp | -39.8%-20.5pp | -45.5%-32.7pp | -46.5%-35.8pp | -39.9%-26.8pp | |
| Returns | ||||||
| Return on equity | -10.3%+12.3pp | -23.2%-12.6pp | -25.5%-17.6pp | -25.5%-18.6pp | -22.7%-14.2pp | |
| Efficiency | ||||||
| Asset turnover | 0.4×+0.1× | 0.4×0.0× | 0.4×0.0× | 0.4×-0.1× | 0.4×0.0× | |
| Liquidity | ||||||
| Current ratio | 3.9×+0.9× | 3.1×-0.5× | 2.8×-0.5× | 2.7×-0.4× | 3×0.0× | |
| Per Share | ||||||
| Book value per share | $1.20-7.6% | $1.22-15.8% | $1.24-19.0% | $1.27-22.4% | $1.30-20.4% | |
| Valuation | ||||||
| Market capitalization | $229.48M+27.8% | $382.19M+13.4% | $265.18M-24.1% | $176.53M-63.7% | $233.17M-57.2% | |
| Price / sales | 1.5×+0.4× | 2.5×+0.6× | 1.8×0.0× | 1.1×-1.1× | 1.4×-1.0× | |
| Price / book | 1×+0.2× | 1.6×+0.5× | 1.1×0.0× | 0.7×-0.7× | 0.9×-0.7× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are SmartRent's profit margins?
- SmartRent (SMRT) runs a 34.4% gross margin and a -18.6% operating margin, with a -16.6% net margin.
- Where do SmartRent's ratios come from?
- Every ratio is computed from SmartRent's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
