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.

SmartRent SMRT Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	34.4%+1.6pp	32.7%+2.4pp	30.4%-1.7pp	32%-0.8pp	32.9%-1.6pp
Operating margin	-18.6%+23.4pp	-42%+6.2pp	-48.2%+1.7pp	-49.9%-6.0pp	-44%-20.1pp
Net margin	-16.6%+23.2pp	-39.8%+5.7pp	-45.5%+1.1pp	-46.5%-6.6pp	-39.9%-20.7pp
EBITDA margin	-12.7%+23.7pp	-36.5%+6.5pp	-43%+2.2pp	-45.2%-5.4pp	-39.8%-19.6pp
Returns
Return on equity	-10.3%+12.9pp	-23.2%+2.3pp	-25.5%0.0pp	-25.5%-2.8pp	-22.7%-12.0pp
Return on assets	-7.5%+8.9pp	-16.3%+1.2pp	-17.5%-0.1pp	-17.5%-1.9pp	-15.5%-8.3pp
Efficiency
Asset turnover	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.4×0.0×
Inventory turnover	3.4×+0.1×	3.3×0.0×	3.3×+0.2×	3.1×-0.4×	3.5×+0.5×
Liquidity
Current ratio	3.9×+0.8×	3.1×+0.4×	2.8×+0.1×	2.7×-0.3×	3×-0.6×
Quick ratio	3.4×+0.7×	2.7×+0.3×	2.4×+0.1×	2.3×-0.3×	2.6×-0.6×
Cash ratio	2.3×+0.6×	1.7×+0.4×	1.4×+0.1×	1.3×-0.3×	1.7×-0.4×
Per Share
Book value per share	$1.20-1.7%	$1.22-1.6%	$1.24-1.7%	$1.27-2.9%	$1.30-10.4%
Valuation
Market capitalization	$229.48M+27.8%	$382.19M+44.1%	$265.18M+50.2%	$176.53M-24.3%	$233.17M-30.8%
Price / sales	1.5×+0.4×	2.5×+0.8×	1.8×+0.6×	1.1×-0.3×	1.4×-0.5×
Price / book	1×+0.2×	1.6×+0.5×	1.1×+0.4×	0.7×-0.2×	0.9×-0.2×
Earnings yield	-10.8%+29.5pp	-15.8%+10.1pp	-25.9%+15.1pp	-41%-12.6pp	-28.4%-18.4pp

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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.