SmartRent SMRT Professional Services — Cost Of Revenue

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Questions, answered.

What is SmartRent's professional services — cost of revenue?

SmartRent (SMRT) reported professional services — cost of revenue of $5.9M in Q1 2026.

How has SmartRent's professional services — cost of revenue changed year-over-year?

SmartRent's professional services — cost of revenue decreased by 19.1% year-over-year, from $7.29M to $5.9M.

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

Over 4 years (2021 to 2025), SmartRent's professional services — cost of revenue has grown at a -9.0% compound annual growth rate (CAGR), from $38.19M to $26.17M.

What does professional services — cost of revenue mean?

This metric captures the direct costs associated with delivering professional services, including labor, materials, and third-party contractor expenses incurred during installation and technical support. Monitoring this cost helps assess the operational efficiency and profitability of the service segment. A lower cost relative to revenue suggests improved scalability and effective management of deployment resources.