SmartRent annual gross profit
2020
2021
2022
2023
2024
2025
SmartRent Gross Profit Growth & History (SMRT)
SmartRent's gross profit was $49.9M for fiscal 2025.
View full SmartRent company overviewSmartRent annual gross profit history
| Fiscal year | Period ended | Gross profit | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $49.9M | −$10.5M | −17.35% |
| 2024 | 2024-12-31 | $60.3M | $10.8M | +21.82% |
| 2023 | 2023-12-31 | $49.5M | $48.2M | +3574.26% |
| 2022 | 2022-12-31 | $1.3M | $11.4M | — |
| 2021 | 2021-12-31 | −$10.1M | −$5.8M | — |
| 2020 | 2020-12-31 | −$4.3M | — | — |
SmartRent quarterly gross profit
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross profit | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $16.2M | $3.6M | +28.04% |
| Q1 2026 | 2026-03-31 | $15.1M | $1.6M | +11.50% |
| Q4 2025 | 2025-12-31 | $14.1M | $3.9M | +38.58% |
| Q3 2025 | 2025-09-30 | $9.6M | −$3.9M | −28.89% |
| Q2 2025 | 2025-06-30 | $12.7M | −$4.6M | −26.80% |
| Q1 2025 | 2025-03-31 | $13.6M | −$5.9M | −30.18% |
| Q4 2024 | 2024-12-31 | $10.2M | −$6.8M | −40.28% |
| Q3 2024 | 2024-09-30 | $13.5M | −$74,000 | −0.55% |
| Q2 2024 | 2024-06-30 | $17.3M | $7.4M | +75.10% |
| Q1 2024 | 2024-03-31 | $19.4M | $10.3M | +113.09% |
| Q4 2023 | 2023-12-31 | $17.0M | $13.1M | +333.56% |
| Q3 2023 | 2023-09-30 | $13.5M | $12.3M | +1043.79% |
| Q2 2023 | 2023-06-30 | $9.9M | $8.9M | +900.30% |
| Q1 2023 | 2023-03-31 | $9.1M | $13.9M | — |
| Q4 2022 | 2022-12-31 | $3.9M | $7.1M | — |
| Q3 2022 | 2022-09-30 | $1.2M | $8.0M | — |
| Q2 2022 | 2022-06-30 | $988,000 | $705,000 | +249.12% |
| Q1 2022 | 2022-03-31 | −$4.7M | −$4.3M | — |
| Q4 2021 | 2021-12-31 | −$3.2M | — | — |
| Q3 2021 | 2021-09-30 | −$6.8M | −$6.8M | — |
| Q2 2021 | 2021-06-30 | $283,000 | — | — |
| Q1 2021 | 2021-03-31 | −$414,000 | — | — |
| Q3 2020 | 2020-09-30 | −$33,000 | — | — |
SmartRent gross profit trends
Over the last five fiscal years, SmartRent's gross profit increased from −$4.3M to $49.9M, a change of $54.2M. The latest reported quarter, Q2 2026, shows $16.2M.
About the metric
What gross profit means
Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.
Calculation and source
SEC-reported and calculated gross profit
TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review SmartRent source filings ↗