SmartRent annual operating margin
2020
2021
2022
2023
2024
2025
SmartRent Operating Margin Growth & History (SMRT)
SmartRent's operating margin was −42.00% for fiscal 2025.
View full SmartRent company overviewSmartRent annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −42.00% | −18.11 pp |
| 2024 | 2024-12-31 | −23.89% | −5.66 pp |
| 2023 | 2023-12-31 | −18.22% | +43.90 pp |
| 2022 | 2022-12-31 | −62.12% | +2.64 pp |
| 2021 | 2021-12-31 | −64.76% | +3.22 pp |
| 2020 | 2020-12-31 | −67.99% | — |
SmartRent quarterly operating margin
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 margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −16.22% | +14.29 pp |
| Q1 2026 | 2026-03-31 | −13.17% | +86.70 pp |
| Q4 2025 | 2025-12-31 | −10.90% | +25.74 pp |
| Q3 2025 | 2025-09-30 | −19.41% | +9.56 pp |
| Q2 2025 | 2025-06-30 | −30.50% | −16.24 pp |
| Q1 2025 | 2025-03-31 | −99.87% | −79.75 pp |
| Q4 2024 | 2024-12-31 | −36.64% | −26.96 pp |
| Q3 2024 | 2024-09-30 | −28.97% | −11.85 pp |
| Q2 2024 | 2024-06-30 | −14.26% | +8.38 pp |
| Q1 2024 | 2024-03-31 | −20.12% | +3.38 pp |
| Q4 2023 | 2023-12-31 | −9.68% | +45.24 pp |
| Q3 2023 | 2023-09-30 | −17.12% | +39.02 pp |
| Q2 2023 | 2023-06-30 | −22.63% | +41.06 pp |
| Q1 2023 | 2023-03-31 | −23.50% | +52.26 pp |
| Q4 2022 | 2022-12-31 | −54.92% | +19.82 pp |
| Q3 2022 | 2022-09-30 | −56.13% | +19.37 pp |
| Q2 2022 | 2022-06-30 | −63.70% | −17.57 pp |
| Q1 2022 | 2022-03-31 | −75.76% | −27.65 pp |
| Q4 2021 | 2021-12-31 | −74.73% | −25.89 pp |
| Q3 2021 | 2021-09-30 | −75.51% | — |
| Q2 2021 | 2021-06-30 | −46.12% | — |
| Q1 2021 | 2021-03-31 | −48.11% | — |
| Q3 2020 | 2020-09-30 | −48.84% | — |
SmartRent operating margin trends
Over the last five reported fiscal years, SmartRent's operating margin increased from −67.99% to −42.00%, a change of +25.99 percentage points. The latest reported quarter, Q2 2026, shows −16.22%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review SmartRent filings at SEC.gov ↗