SmartRent SMRT Hardware Service — Cost Of Revenue

Other product segments

Similar metrics at other companies

ALRMHardware and other revenue — Cost of Product and Service Sold

$62.62M+10.5%

STEMHardware revenue — Total Cost of Revenue

$6.2M-41.3%

GNSSHardware — Cost Of Revenue

$5.05M+50.4%

TOSTHardware and professional services — Cost of revenue

$111M+19.4%

BFLYHardware — Cost of revenue (excluding write-downs of inventories and vendor advances)

$6.36M+9.1%

MASSService — Cost Of Revenue

$1.34M-11.4%

Questions, answered.

What is SmartRent's hardware service — cost of revenue?

SmartRent (SMRT) reported hardware service — cost of revenue of $12.58M in Q1 2026.

How has SmartRent's hardware service — cost of revenue changed year-over-year?

SmartRent's hardware service — cost of revenue decreased by 9.9% year-over-year, from $13.96M to $12.58M.

What is the long-term trend for SmartRent's hardware service — cost of revenue?

Over 3 years (2022 to 2025), SmartRent's hardware service — cost of revenue has grown at a -14.1% compound annual growth rate (CAGR), from $83.29M to $52.83M.

What does hardware service — cost of revenue mean?

This metric captures the direct costs incurred to deliver hardware-related services, including labor, technical support, and materials required to maintain or service installed smart home devices. It serves as a key indicator of the operational efficiency and direct profitability of the hardware service segment. Monitoring these costs is essential for assessing the gross margin profile and the scalability of the company's service-based hardware offerings.