SmartRent, Inc. (SMRT)
NYSE: SMRT · Real-Time Price · USD
1.220
+0.080 (7.02%)
Jun 26, 2026, 4:00 PM EDT - Market closed
SmartRent Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 149.67 | 152.33 | 174.89 | 236.84 | 167.82 | 110.64 | |
Revenue Growth (YoY) | -9.70% | -12.90% | -26.16% | 41.13% | 51.69% | 110.60% |
Cost of Revenue | 98.24 | 102.46 | 114.55 | 187.31 | 166.47 | 120.71 |
Gross Profit | 51.43 | 49.87 | 60.34 | 49.53 | 1.35 | -10.07 |
Selling, General & Admin | 55.1 | 62.69 | 72.74 | 63.88 | 76.18 | 40.01 |
Research & Development | 24.11 | 26.22 | 29.37 | 28.81 | 29.42 | 21.57 |
Other Operating Expenses | - | 24.93 | - | - | - | - |
Total Operating Expenses | 79.21 | 113.85 | 102.11 | 92.69 | 105.6 | 61.58 |
Operating Income | -27.78 | -63.98 | -41.77 | -43.16 | -104.25 | -71.65 |
Interest Income | 1.9 | 4.3 | 8.64 | 8.98 | 1.95 | -0.25 |
Interest Expense | - | -0.38 | -0.4 | -0.4 | - | - |
Other Non-Operating Income (Expense) | -0.55 | -0.46 | 0.15 | -0.12 | 0.6 | 0.06 |
Total Non-Operating Income (Expense) | 1.35 | 3.46 | 8.4 | 8.46 | 2.54 | -0.19 |
Pretax Income | -24.85 | -60.52 | -33.38 | -34.7 | -101.71 | -71.85 |
Provision for Income Taxes | -0.03 | 0.04 | 0.27 | -0.11 | -5.39 | 0.12 |
Net Income | -24.82 | -60.56 | -33.64 | -34.59 | -96.32 | -71.96 |
Net Income to Common | -24.82 | -60.56 | -33.64 | -34.59 | -96.32 | -71.96 |
Shares Outstanding (Basic) | 190 | 190 | 199 | 201 | 196 | 75 |
Shares Outstanding (Diluted) | 190 | 190 | 199 | 201 | 196 | 75 |
Shares Change (YoY) | -4.28% | -4.77% | -0.76% | 2.62% | 161.74% | 769.05% |
EPS (Basic) | -0.13 | -0.32 | -0.17 | -0.17 | -0.49 | -0.96 |
EPS (Diluted) | -0.13 | -0.32 | -0.17 | -0.17 | -0.49 | -0.96 |
Free Cash Flow | -15.35 | -25.13 | -34.68 | 5.83 | -78.95 | -71.85 |
Free Cash Flow Per Share | -0.08 | -0.13 | -0.17 | 0.03 | -0.40 | -0.96 |
Gross Margin | 34.36% | 32.74% | 34.50% | 20.91% | 0.80% | -9.10% |
Operating Margin | -18.56% | -42.00% | -23.89% | -18.22% | -62.12% | -64.76% |
Profit Margin | -16.59% | -39.76% | -19.24% | -14.60% | -57.40% | -65.04% |
FCF Margin | -10.26% | -16.50% | -19.83% | 2.46% | -47.04% | -64.94% |
EBITDA | -19.07 | -55.55 | -35.28 | -37.63 | -99.99 | -71.19 |
EBITDA Margin | -12.74% | -36.47% | -20.17% | -15.89% | -59.58% | -64.34% |
EBIT | -27.78 | -63.98 | -41.77 | -43.16 | -104.25 | -71.65 |
EBIT Margin | -18.56% | -42.00% | -23.89% | -18.22% | -62.12% | -64.76% |
Effective Tax Rate | 0.11% | -0.07% | -0.80% | 0.31% | 5.30% | -0.16% |