SuperworthSmartRent profit margin SMRT
Gross, operating and net profit as a share of revenue over the last twelve months, from 2021.
- Net margin, 12 months
- −13.0%
- Operating margin, 12 months
- −14.9%
- Net margin on a year earlier
- +33.6 pts
- Peer median
- 3.9%
Over the twelve months to Jun 30, 2026, SmartRent kept −13.0% of its revenue as net profit, with an operating margin of −14.9% and a gross margin of 36.4%.
Five years earlier its net margin was −54.5%.
The median for 10 infrastructure software stocks of a similar size is 3.9%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | −39.8% | −42.0% | 32.7% |
| FY2024 | −19.2% | −23.9% | 34.5% |
| FY2023 | −14.6% | −18.2% | 20.9% |
| FY2022 | −57.4% | −62.1% | 0.8% |
| FY2021 | −65.0% | −64.8% | −9.1% |
| FY2020 | n/a | n/a | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | −13.0% | +33.6 pts | −14.9% | |
| Q1 FY26 | −16.6% | +23.3 pts | −18.6% | |
| Q4 FY25 | −39.8% | −20.5 pts | −42.0% | |
| Q3 FY25 | −45.5% | −32.7 pts | −48.2% | |
| Q2 FY25 | −46.5% | −35.8 pts | −49.9% | |
| Q1 FY25 | −39.9% | −26.8 pts | −44.0% | |
| Q4 FY24 | −19.2% | −4.6 pts | −23.9% | |
| Q3 FY24 | −12.8% | +11.5 pts | −17.3% | |
| Q2 FY24 | −10.7% | +23.6 pts | −15.1% | |
| Q1 FY24 | −13.1% | +31.0 pts | −17.1% | |
| Q4 FY23 | −14.6% | +42.8 pts | −18.2% | |
| Q3 FY23 | −24.3% | +38.0 pts | −27.4% |
Against its peers
Companies in Software - Infrastructure nearest SmartRent's size, closest first, today.
| Company | Profit margin |
|---|---|
| SMRTSmartRent | −13.0% |
| MKLYMcKinley Acquisition | n/m |
| RBBNRibbon Communications | 2.0% |
| MKTWMarketwise | 0.7% |
| EGANEGAIN | 9.7% |
| IIIVi3 Verticals | 3.9% |
| NTWKNetsol Technologies | 4.0% |
| CCSIConsensus Cloud Solutions | 26.7% |
| GDYNGrid Dynamics | 0.7% |
| OSPNOneSpan | 27.8% |
| FATNFatpipe | n/m |
| Peer median | 3.9% |
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on SmartRent
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.