SmartRent, Inc. (SMRT)
NYSE: SMRT · Real-Time Price · USD
1.555
+0.075 (5.07%)
Nov 21, 2024, 12:53 PM EST - Market open

SmartRent Revenue by Segment

Period Ending Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021
Hardware
108.92M 125.84M 128.95M 137.20M 118.42M 109.48M 102.58M 87.37M
Hardware Growth
-8.03% 14.95% 25.71% 57.03% 30.32% 26.99% 29.29% 25.48%
Hosted Services
71.58M 69.60M 67.13M 64.16M 61.14M 57.97M 54.80M 48.15M
Hosted Services Growth
17.07% 20.05% 22.51% 33.26% 52.20% 82.54% 133.67% 163.45%
Professional Services
19.27M 21.93M 26.16M 35.47M 37.57M 39.09M 38.16M 32.30M
Professional Services Growth
-48.70% -43.90% -31.44% 9.82% 21.60% 23.70% 46.55% 42.09%

SaaS Average Revenue Per User

Period Ending Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021
Bookings
9.73 8.07 7.16 8.32 9.04 8.74 5.40 4.60
Bookings Growth
7.63% -7.67% 32.59% 80.87% 73.18% 82.46% 29.50% 24.66%
Average
5.70 5.63 5.41 5.40 5.33 5.16 5.21 5.32
Average Growth
6.94% 9.11% 3.84% 1.50% 52.29% 56.84% 66.45% 79.12%

Operating Metrics

Period Ending Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021
SaaS ARR
53.00M 51.20M 47.60M 46.20M 43.30M 38.80M 36.00M 32.30M
SaaS ARR Growth
22.40% 31.96% 32.22% 43.03% 36.16% 26.80% 120.86% 204.72%
Units Deployed
787.04K 771.87K 749.40K 719.69K 682.63K 650.32K 602.56K 547.20K -
Units Deployed Growth
15.29% 18.69% 24.37% 31.52% 35.33% 44.19% 54.23% 69.49% -
Units Booked
142.88K 172.10K 154.38K 173.20K 195.79K 216.80K 256.14K 282.51K -
Units Booked Growth
-27.02% -20.62% -39.73% -38.69% -35.20% -23.81% -2.77% 29.90% -

Operating Expense Breakdown

Period Ending Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021
General and Administrative
53.63M 50.74M 49.32M 44.67M 48.08M 52.14M 55.37M 55.31M
General and Administrative Growth
11.54% -2.69% -10.92% -19.22% -6.53% 18.48% 62.93% 112.79%
Research and Development
29.91M 30.88M 29.94M 28.81M 28.68M 28.71M 30.21M 29.42M
Research and Development Growth
4.29% 7.56% -0.90% -2.10% -3.12% -0.55% 21.19% 36.39%
Sales and Marketing
18.30M 18.49M 18.60M 19.21M 19.30M 19.56M 20.87M 20.87M
Sales and Marketing Growth
-5.18% -5.48% -10.87% -7.97% -8.66% -7.61% 19.78% 48.90%
Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.