SmartRent annual operating expenses
2020
2021
2022
2023
2024
2025
SmartRent Operating Expenses Growth & History (SMRT)
SmartRent's operating expenses was $88.9M for fiscal 2025.
View full SmartRent company overviewSmartRent annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $88.9M | −$13.2M | −12.92% |
| 2024 | 2024-12-31 | $102.1M | $9.4M | +10.17% |
| 2023 | 2023-12-31 | $92.7M | −$12.9M | −12.23% |
| 2022 | 2022-12-31 | $105.6M | $44.0M | +71.49% |
| 2021 | 2021-12-31 | $61.6M | $30.2M | +95.99% |
| 2020 | 2020-12-31 | $31.4M | — | — |
SmartRent quarterly operating expenses
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 | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $22.7M | −$1.7M | −6.87% |
| Q1 2026 | 2026-03-31 | $20.2M | −$9.7M | −32.44% |
| Q4 2025 | 2025-12-31 | $18.0M | −$5.1M | −21.92% |
| Q3 2025 | 2025-09-30 | $16.6M | −$8.6M | −34.13% |
| Q2 2025 | 2025-06-30 | $24.4M | $130,000 | +0.54% |
| Q1 2025 | 2025-03-31 | $29.9M | $340,000 | +1.15% |
| Q4 2024 | 2024-12-31 | $23.1M | $280,000 | +1.23% |
| Q3 2024 | 2024-09-30 | $25.2M | $1.7M | +7.31% |
| Q2 2024 | 2024-06-30 | $24.2M | $2.3M | +10.25% |
| Q1 2024 | 2024-03-31 | $29.6M | $5.2M | +21.19% |
| Q4 2023 | 2023-12-31 | $22.8M | −$3.4M | −12.83% |
| Q3 2023 | 2023-09-30 | $23.5M | −$4.4M | −15.69% |
| Q2 2023 | 2023-06-30 | $22.0M | −$6.0M | −21.54% |
| Q1 2023 | 2023-03-31 | $24.4M | $850,000 | +3.61% |
| Q4 2022 | 2022-12-31 | $26.2M | $3.4M | +15.10% |
| Q3 2022 | 2022-09-30 | $27.8M | $8.1M | +41.08% |
| Q2 2022 | 2022-06-30 | $28.0M | $17.7M | +172.36% |
| Q1 2022 | 2022-03-31 | $23.6M | $14.8M | +167.59% |
| Q4 2021 | 2021-12-31 | $22.8M | — | — |
| Q3 2021 | 2021-09-30 | $19.7M | $11.7M | +144.63% |
| Q2 2021 | 2021-06-30 | $10.3M | — | — |
| Q1 2021 | 2021-03-31 | $8.8M | — | — |
| Q3 2020 | 2020-09-30 | $8.1M | — | — |
SmartRent operating expenses trends
Over the last five fiscal years, SmartRent's operating expenses increased from $31.4M to $88.9M, a change of $57.5M. The latest reported quarter, Q2 2026, shows $22.7M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review SmartRent source filings ↗