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SmartRent, Inc. (SMRT)
NYSE: SMRT · Real-Time Price · USD
1.480
-0.040 (-2.63%)
Apr 21, 2026, 11:55 AM EDT - Market open

SmartRent Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
152.33174.89236.84167.82110.64
Revenue Growth (YoY)
-12.90%-26.16%41.13%51.69%110.60%
Cost of Revenue
102.46114.55187.31166.47120.71
Gross Profit
49.8760.3449.531.35-10.07
Selling, General & Admin
62.6972.7463.8876.1840.01
Research & Development
26.2229.3728.8129.4221.57
Other Operating Expenses
24.93----
Total Operating Expenses
113.85102.1192.69105.661.58
Operating Income
-63.98-41.77-43.16-104.25-71.65
Interest Income
4.38.648.981.95-0.25
Interest Expense
-0.38-0.4-0.4--
Other Non-Operating Income (Expense)
-0.460.15-0.120.60.06
Total Non-Operating Income (Expense)
3.468.48.462.54-0.19
Pretax Income
-60.52-33.38-34.7-101.71-71.85
Provision for Income Taxes
0.040.27-0.11-5.390.12
Net Income
-60.56-33.64-34.59-96.32-71.96
Net Income to Common
-60.56-33.64-34.59-96.32-71.96
Shares Outstanding (Basic)
19019920119675
Shares Outstanding (Diluted)
19019920119675
Shares Change (YoY)
-4.77%-0.76%2.62%161.74%769.05%
EPS (Basic)
-0.32-0.17-0.17-0.49-0.96
EPS (Diluted)
-0.32-0.17-0.17-0.49-0.96
Shares Outstanding
189.68192.05203.33198.53193.86
Free Cash Flow
-25.13-34.685.83-78.95-71.85
Free Cash Flow Per Share
-0.13-0.170.03-0.40-0.96
Gross Margin
32.74%34.50%20.91%0.80%-9.10%
Operating Margin
-42.00%-23.89%-18.22%-62.12%-64.76%
Profit Margin
-39.76%-19.24%-14.60%-57.40%-65.04%
FCF Margin
-16.50%-19.83%2.46%-47.04%-64.94%
EBITDA
-55.55-35.28-37.63-99.99-71.19
EBITDA Margin
-36.47%-20.17%-15.89%-59.58%-64.34%
EBIT
-63.98-41.77-43.16-104.25-71.65
EBIT Margin
-42.00%-23.89%-18.22%-62.12%-64.76%
Effective Tax Rate
-0.07%-0.80%0.31%5.30%-0.16%
Updated Mar 4, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q