SmartRent Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	100.02	142.48	215.21	210.41	430.84	38.62
Cash & Short-Term Investments	100.02	142.48	215.21	210.41	430.84	38.62
Cash Growth	-38.79%	-33.79%	2.28%	-51.16%	1015.65%	80.26%
Receivables	52.2	59.3	61.9	62.44	45.49	20.79
Inventory	28.09	35.26	41.58	75.73	33.21	17.63
Prepaid Expenses	6.53	7.87	7.14	5.04	15.08	3.28
Restricted Cash	-	-	0.5	7.06	1.27	-
Other Current Assets	14.63	12.74	14.01	17.68	10.12	7.35
Total Current Assets	201.47	257.65	340.34	378.36	536.01	87.66
Property, Plant & Equipment	8.59	6.26	3.95	6.04	4.8	1.77
Long-Term Investments	-	-	2.25	-	-	-
Goodwill	92.34	117.27	117.27	117.27	12.67	4.16
Other Intangible Assets	30.56	32.84	32.88	34.19	3.59	-
Long-Term Deferred Charges	0.37	3.07	11.25	22.51	18.33	10.07
Other Long-Term Assets	2.47	3.09	1.82	2.49	4.29	0.19
Total Assets	335.8	420.18	509.76	560.85	579.68	103.85
Accounts Payable	10.81	8.72	15.08	18.36	6.15	2.28
Accrued Expenses	22.63	21.3	16.95	22.73	12.3	5.28
Current Portion of Long-Term Debt	-	-	-	-	-	1.65
Current Portion of Leases	-	0.59	-	-	-	-
Current Unearned Revenue	36.2	35.07	77.26	80.02	42.19	19.35
Other Current Liabilities	2.99	5.35	8.03	11.67	9.93	4.28
Total Current Liabilities	72.62	71.03	117.31	132.78	70.57	32.83
Long-Term Debt	-	-	-	-	-	3.17
Long-Term Leases	6.11	7.02	-	-	-	-
Long-Term Unearned Revenue	22.56	52.59	45.9	59.93	53.41	34.15
Other Long-Term Liabilities	0.1	0.1	4.1	3.94	6.2	0.52
Total Liabilities	101.39	130.74	167.31	196.65	130.18	70.67
Common Stock	0.02	0.02	0.02	0.02	0.02	-
Additional Paid-In Capital	643.83	637.36	628.16	615.28	604.08	4.16
Retained Earnings	-410.06	-347.85	-285.51	-250.93	-154.6	-82.64
Comprehensive Income & Other	0.62	-0.1	-0.22	-0.18	0.01	0.24
Total Common Equity	234.41	289.44	342.45	364.2	449.5	-78.25
Shareholders' Equity	234.41	289.44	342.45	364.2	449.5	33.18
Total Liabilities & Equity	335.8	420.18	509.76	560.85	579.68	103.85
Total Debt	6.11	7.61	-	-	-	4.82
Net Cash (Debt)	93.92	134.87	215.21	210.41	430.84	33.8
Net Cash Growth	-39.62%	-37.33%	2.28%	-51.16%	1174.75%	803.69%
Net Cash Per Share	0.49	0.68	1.07	1.08	5.77	3.93
Filing Date Shares Outstanding	189.2	192.7	203.87	199.25	194.07	2.63
Total Common Shares Outstanding	189.2	192.05	203.33	198.53	193.86	2.12
Working Capital	128.84	186.62	223.03	245.58	465.44	54.83
Book Value Per Share	1.24	1.51	1.68	1.83	2.32	-36.84
Tangible Book Value	111.51	139.33	192.3	212.74	433.25	-82.41
Tangible Book Value Per Share	0.59	0.73	0.95	1.07	2.23	-38.80
Machinery	3.59	3.44	3.14	2.99	2.39	1.1
Leasehold Improvements	5.18	2.19	0.72	0.7	0.28	0.1

Updated Nov 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q