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

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Gross margin	32.7%-1.8pp	34.5%+13.6pp	20.9%+20.1pp	0.8%+9.9pp
Operating margin	-42%-18.1pp	-23.9%-5.7pp	-18.2%+43.9pp	-62.1%+2.6pp
Net margin	-39.8%-20.5pp	-19.2%-4.6pp	-14.6%+42.8pp	-57.4%+7.6pp
EBITDA margin	-36.5%-16.3pp	-20.2%-4.3pp	-15.9%+43.7pp	-59.6%+4.8pp
Returns
Return on equity	-23.2%-12.6pp	-10.6%-0.9pp	-9.8%+13.9pp	-23.7%—
Return on assets	-16.3%-9.1pp	-7.2%-0.8pp	-6.5%+10.4pp	-16.9%+4.2pp
Return on invested capital	-44.2%-14.9pp	-29.4%+0.6pp	-29.9%+85.9pp	-115.8%—
Efficiency
Asset turnover	0.4×0.0×	0.4×-0.1×	0.4×+0.1×	0.3×0.0×
Inventory turnover	3.3×+0.3×	3×-0.2×	3.2×+0.1×	3.1×-1.7×
Liquidity
Current ratio	3.1×-0.5×	3.6×+0.7×	2.9×+0.1×	2.8×-4.7×
Quick ratio	2.7×-0.4×	3.1×+0.6×	2.5×+0.3×	2.3×-4.8×
Cash ratio	1.7×-0.3×	2×+0.2×	1.8×+0.2×	1.6×-4.5×
Leverage
Debt-to-equity	0×0.0×	0×0.0×	0×0.0×	0×0.0×
Debt-to-assets	0×0.0×	0×0.0×	0×0.0×	0×0.0×
Per Share
Book value per share	$1.22-15.8%	$1.45-14.8%	$1.71-8.4%	$1.86-69.0%
Valuation
Market capitalization	$229.48M+27.8%	$337M-48.0%	$648.21M+34.4%	$482.42M-74.2%
Enterprise value	$284.66M+40.8%	$202.13M-53.6%	$435.84M+57.7%	$276.39M-80.8%
Price / sales	1.5×+0.4×	1.9×-0.8×	2.7×-0.1×	2.9×-14.0×
Price / book	1×+0.2×	1.2×-0.7×	1.9×+0.6×	1.3×-2.8×
EV / sales	1.9×+0.7×	1.2×-0.7×	1.8×+0.2×	1.6×-11.4×
Earnings yield	-10.8%+29.5pp	-10%-4.6pp	-5.3%+14.6pp	-20%-16.1pp

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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.