SmartRent, Inc. (SMRT)
| Market Cap | 258.59M |
| Revenue (ttm) | 152.33M |
| Net Income (ttm) | -60.56M |
| Shares Out | 192.26M |
| EPS (ttm) | -0.32 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 294,048 |
| Open | 1.350 |
| Previous Close | 1.360 |
| Day's Range | 1.310 - 1.350 |
| 52-Week Range | 0.720 - 2.200 |
| Beta | 1.77 |
| Analysts | Hold |
| Price Target | 1.45 (+7.81%) |
| Earnings Date | May 6, 2026 |
About SMRT
SmartRent, Inc., an enterprise real estate technology company, provides management software and applications to rental property owners and operators, property managers, homebuilders, developers, and residents in the United States and internationally. Its smart building hardware and cloud-based software-as-a-service solutions are designed to enhance visibility and control their real estate assets while providing all-in-one home control offerings for residents. The company’s products and solutions include smart apartments and homes, access contro... [Read more]
Financial Performance
In 2025, SmartRent's revenue was $152.33 million, a decrease of -12.90% compared to the previous year's $174.89 million. Losses were -$60.56 million, 80.0% more than in 2024.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for SMRT stock is "Hold" and the 12-month stock price target is $1.45.
News
SmartRent Launches Value-Added Reseller Program
PHOENIX--(BUSINESS WIRE)---- $SMRT #alloy--SmartRent today announced the launch of its strategic value-added reseller program to serve small and mid-market multifamily owners and operators.
SmartRent to Report First Quarter 2026 Financial Results on May 6, 2026
PHOENIX--(BUSINESS WIRE)---- $SMRT #alloy--SmartRent will release first quarter 2026 results and host a conference call on Wednesday, May 6, 2026.
SmartRent Earnings Call Transcript: Q4 2025
Q4 2025 saw a return to revenue growth, improved margins, and positive Adjusted EBITDA, with SaaS and ARR driving recurring revenue. Vision 2028 targets double-digit installed base growth and higher profitability, supported by a strengthened sales organization.
SmartRent Reports Fourth Quarter and Full-Year 2025 Financial Results
PHOENIX--(BUSINESS WIRE)---- $SMRT #alloy--SmartRent today reported financial results for the three and twelve months ended Dec. 31, 2025.
SmartRent to Report Fourth Quarter and Full-Year 2025 Financial Results on March 4, 2026
PHOENIX, Ariz.--(BUSINESS WIRE)---- $SMRT #alloy--SmartRent will release fourth quarter and full-year 2025 results and host a conference call on Wednesday, March 4, at 11:30 a.m. ET.
SmartRent Provides Update on Fourth Quarter 2025 Financial Results
PHOENIX--(BUSINESS WIRE)---- $SMRT #alloy--SmartRent today reported selected preliminary unaudited financial results and key metrics for the three months ended December 31, 2025.
SmartRent Announces Inducement Grants Under New York Stock Exchange Listed Company Manual Rule 303A.08
PHOENIX--(BUSINESS WIRE)--SmartRent granted inducement awards to Messrs. Bansi and Ponathil in accordance with New York Stock Exchange Listed Company Manual Rule 303A.08.
SmartRent Names Sangeeth Ponathil Chief Information Officer
PHOENIX--(BUSINESS WIRE)---- $SMRT #alloy--SmartRent today announced the appointment of Sangeeth Ponathil as Chief Information Officer.
SmartRent Launches Product Advisory Council to Shape the Next Generation of Property Technology Solutions
PHOENIX--(BUSINESS WIRE)---- $SMRT #alloy--SmartRent today announced the launch of its Product Advisory Council, bringing together influential voices that actively inform the company's roadmap.
SmartRent Earnings Call Transcript: Q3 2025
Q3 2025 saw narrowed losses, strong SaaS growth, and a shift to higher-quality recurring revenue. Cost reductions and disciplined execution improved cash flow, with $100 million in cash and no debt. The installed base grew 11% year-over-year, and profitability is expected by end of 2025.
SmartRent Reports Third Quarter 2025 Financial Results
PHOENIX--(BUSINESS WIRE)--SmartRent today reported financial results for the three months ended Sept. 30, 2025; on track to achieve run rate cash flow neutrality exiting 2025.
SmartRent to Report Third Quarter 2025 Financial Results on November 5, 2025
PHOENIX--(BUSINESS WIRE)---- $SMRT #alloy--SmartRent will release third quarter of financial year 2025 results and host a conference call on Wednesday, November 5, 2025.
Pankaj Bansi Joins SmartRent as Chief Transformation Officer
PHOENIX--(BUSINESS WIRE)---- $SMRT #alloy--SmartRent today announced the appointment of Pankaj Bansi as Chief Transformation Officer.
Renters Expect Property Managers to Provide Energy-Efficient, Cost-Saving Solutions as Utility Costs Continue to Rise
PHOENIX--(BUSINESS WIRE)---- $SMRT #alloy--SmartRent today released the results from a recent survey focused on energy management trends across rental housing.
SmartRent Earnings Call Transcript: Q2 2025
Q2 2025 revenue declined 21% year-over-year to $38.3M due to a shift away from bulk hardware sales, but SaaS revenue and bookings grew, with SaaS now 37% of total revenue and gross margin at 70%. Cost reductions and a focus on recurring revenue are expected to drive profitability by late 2025.
SmartRent Reports Second Quarter 2025 Financial Results
PHOENIX--(BUSINESS WIRE)--SmartRent today reported financial results for the three months ended June 30, 2025.
SmartRent Confirms Compliance with NYSE Minimum Share Price Listing Standard
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent has regained compliance with the NYSE's continued listing criteria for minimum share price.
SmartRent to Report Second Quarter 2025 Financial Results on August 6, 2025
PHOENIX--(BUSINESS WIRE)--SmartRent will release second quarter of financial year 2025 results and host a conference call on Wednesday, August 6, 2025, at 11:30 a.m. ET.
New SmartRent Survey Reveals What Renters Expect from Property Managers During Peak Summer Leasing Season
PHOENIX--(BUSINESS WIRE)---- $SMRT #alloy--SmartRent today released findings from a survey of US renters that show the nuanced approach renters take when considering their next home.
SmartRent Appoints Thomas Bohjalian to Board of Directors
PHOENIX--(BUSINESS WIRE)--SmartRent announced the appointment of Thomas Bohjalian to its Board of Directors. He will serve as a member of the Audit and Compensation Committees.
SmartRent Announces Frank Martell as President and Chief Executive Officer
SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $SMRT #alloy--SmartRent today announced the appointment of Frank Martell as President and CEO. Martell has been a member of the Board of Directors since June 202...
SmartRent Evolves its Platform With AI-Powered Intelligence and Energy Optimization Capabilities
PHOENIX--(BUSINESS WIRE)---- $SMRT #alloy--SmartRent announced an AI-powered intelligence layer and enhanced energy tools to help operators reduce waste, cut costs and support ESG goals.
Parks Associates and SmartRent Whitepaper Dissects the Multi-Billion Dollar Impact of Energy Savings in Multifamily
SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $SMRT #alloy--SmartRent announced a Parks Associates whitepaper highlighting how multifamily communities have reduced utility costs by nearly 20% with smart tech...
SmartRent Earnings Call Transcript: Q1 2025
Q1 revenue fell 18% year-over-year as hardware sales declined, but SaaS revenue grew 17% and customer retention remained above 99.9%. Cost savings and operational restructuring are underway, with full benefits expected in the second half of 2025.
SmartRent Reports First Quarter 2025 Results
PHOENIX--(BUSINESS WIRE)--SmartRent reports first quarter 2025 results; annual recurring revenue of $55.9 million, an increase of 17% year over year.