SmartRent, Inc. (SMRT)
NYSE: SMRT · Real-Time Price · USD
1.750
-0.040 (-2.23%)
Mar 5, 2026, 4:00 PM EST - Market closed

SmartRent Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 2020 - 2019
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 2020 - 2019
Revenue
152.33174.89236.84167.82110.64
Upgrade
Revenue Growth (YoY)
-12.90%-26.16%41.13%51.69%110.60%
Upgrade
Cost of Revenue
102.46114.55187.31166.47120.71
Upgrade
Gross Profit
49.8760.3449.531.35-10.07
Upgrade
Selling, General & Admin
62.6973.759.6860.3139.2
Upgrade
Research & Development
26.2229.3728.8129.4221.57
Upgrade
Operating Expenses
88.92103.0788.4889.7360.77
Upgrade
Operating Income
-39.05-42.73-38.95-88.38-70.84
Upgrade
Interest Expense
-0.38----0.25
Upgrade
Interest & Investment Income
4.38.248.581.95-
Upgrade
Other Non Operating Income (Expenses)
-0.460.15-0.120.60.06
Upgrade
EBT Excluding Unusual Items
-35.59-34.34-30.49-85.84-71.03
Upgrade
Merger & Restructuring Charges
---2.32-6.62-0.81
Upgrade
Asset Writedown
-24.93---4.44-
Upgrade
Other Unusual Items
-0.96-1.89-4.81-
Upgrade
Pretax Income
-60.52-33.38-34.7-101.71-71.85
Upgrade
Income Tax Expense
0.040.27-0.11-5.390.12
Upgrade
Net Income
-60.56-33.64-34.59-96.32-71.96
Upgrade
Net Income to Common
-60.56-33.64-34.59-96.32-71.96
Upgrade
Shares Outstanding (Basic)
19019920119675
Upgrade
Shares Outstanding (Diluted)
19019920119675
Upgrade
Shares Change (YoY)
-4.77%-0.76%2.62%161.74%769.05%
Upgrade
EPS (Basic)
-0.32-0.17-0.17-0.49-0.96
Upgrade
EPS (Diluted)
-0.32-0.17-0.17-0.49-0.96
Upgrade
Free Cash Flow
-25.13-34.685.83-78.95-71.85
Upgrade
Free Cash Flow Per Share
-0.13-0.170.03-0.40-0.96
Upgrade
Gross Margin
32.74%34.50%20.91%0.80%-9.10%
Upgrade
Operating Margin
-25.63%-24.43%-16.45%-52.66%-64.03%
Upgrade
Profit Margin
-39.76%-19.24%-14.60%-57.40%-65.04%
Upgrade
Free Cash Flow Margin
-16.50%-19.83%2.46%-47.04%-64.94%
Upgrade
EBITDA
-30.62-38-34.2-84.2-70.38
Upgrade
EBITDA Margin
-20.10%-21.73%-14.44%-50.17%-63.61%
Upgrade
D&A For EBITDA
8.434.744.764.180.46
Upgrade
EBIT
-39.05-42.73-38.95-88.38-70.84
Upgrade
EBIT Margin
-25.63%-24.43%-16.45%-52.66%-64.03%
Upgrade
Revenue as Reported
152.33174.89236.84167.82110.64
Upgrade
Advertising Expenses
-0.650.430.29-
Upgrade
Source: S&P Capital IQ. Standard template. Financial Sources.