Saturday 17 October 2026 Export SMRT’s income statement to Excel — free account

SmartRent, Inc.

SmartRent, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $152.3 million, down 12.9% from fiscal 2024. In the quarter to June 2026, revenue grew 4.01%, EPS grew 50.0% and free cash flow grew 79.5%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

1.14 0.05 −4.20%

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Market cap: $228.0M
P/E: 0.0×
Fwd P/E: −12.2×
Dividend yield: —
F-score: 4/9
Altman Z: 1.08
Beneish M: −3.24
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 2.33

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	2	7	—	—	1	—	3	2	—	4	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 9.34%

Capital & Financial Ratios $m

Market Cap 228.02

Revenue 151.20

Net Income (19.60)

Free Cash Flow (6.43)

Net Debt (92.66)

Current Ratio 3.80

Debt/Equity 0.00

P/E ratio 0.00

Fwd P/E (12.20)

P/S ratio 1.45

P/B ratio 0.97

Past 5Y EPS Growth —

This Y EPS Growth 69.79%

Next Y EPS Growth 34.48%

Next Y revenue growth (74.14%)

Next 5Y EPS Growth 68.50%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 12.63%

10-year low 10-year high

P/B against its own 10 years 13.07%

10-year low 10-year high

EV/Sales against its own 10 years 21.03%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2017	0.08	0.08
2016	0.30	0.08 0.08 0.08 0.08

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	216	142	105	93
Receivables	62	59	47	38
Inventory	42	35	27	21
Other	—	—	—	—
	340	258	188	162

	2023	2024	2025	Q'26
Payables	15	9	13	8
ST’ Debt	—	—	—	—
Other	—	—	—	—
	117	71	60	43

Compound Annual Growth %

	10y	5y	3y
Sales	—	23.73%	(3.18%)
Cash Flow	—	0.00%	0.00%
Earnings	—	0.00%	0.00%
Book Value	—	47.56%	(13.94%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	39	40	—	—	—
’25	41	38	36	36	152
’24	50	49	41	35	175
’23	65	53	58	60	237
’22	37	42	48	41	168
’21	19	22	35	35	111

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(5)	(2)	—	—	—
’25	(12)	(15)	(2)	8	(22)
’24	(3)	(14)	(4)	(12)	(33)
’23	(10)	(5)	14	7	6
’22	(29)	(6)	(45)	2	(78)
’21	(8)	(11)	(23)	(29)	(70)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(6)	(4)	—	—	—
’25	(16)	(17)	(3)	6	(30)
’24	(4)	(15)	(7)	(15)	(41)
’23	(11)	(7)	13	7	2
’22	(29)	(8)	(46)	1	(82)
’21	(8)	(11)	(24)	(29)	(72)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.02)	(0.03)	—	—	—
’25	(0.21)	(0.06)	(0.03)	(0.02)	(0.32)
’24	(0.04)	(0.02)	(0.05)	(0.06)	(0.17)
’23	(0.07)	(0.05)	(0.04)	(0.02)	(0.17)
’22	(0.12)	(0.13)	(0.13)	(0.11)	(0.49)
’21	(0.99)	(4.87)	(0.31)	(0.13)	(0.96)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	—	—	8.81	2.03	2.16	1.17	0.67	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	—	—	15.14	9.83	4.12	3.47	2.20
People
People	Employees	—	—	—	—	—	639	701	526	494	418
	Revenue/emp, $m	—	—	—	—	0.00	0.17	0.24	0.45	0.35	0.36
Income, $m
Income, $m	Revenue	—	—	—	—	53	111	168	237	175	152
	Gross margin, %	—	—	—	—	(8.18)	(9.10)	0.80	20.91	34.50	32.74
	EBT	—	—	—	—	(37)	(72)	(102)	(35)	(33)	(61)
	EBT margin, %	—	—	—	—	(70.35)	(64.94)	(60.61)	(14.65)	(19.08)	(39.73)
	Net income	—	0	—	—	(37)	(72)	(96)	(35)	(34)	(61)
	Depreciation	—	—	—	—	0	0	4	6	6	33
Per share, $
Per share, $	Revenue	—	—	—	—	6.11	1.48	0.86	1.18	0.88	0.80
	Earnings	—	—	—	—	(4.32)	(0.96)	(0.49)	(0.17)	(0.17)	(0.32)
	Cash flow	—	—	—	—	(3.31)	(0.94)	(0.40)	0.03	(0.17)	(0.11)
	Capex	—	—	—	—	(0.03)	(0.02)	(0.02)	(0.02)	(0.04)	(0.05)
	Free cash flow	—	—	—	—	(3.35)	(0.96)	(0.42)	0.01	(0.20)	(0.16)
	Book value	—	—	—	—	3.86	6.02	1.86	1.71	1.45	1.22
	Shares, m	—	—	—	—	9	75	196	201	199	190
Valuation, ×
Valuation, ×	P/E	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00
	P/S	—	—	—	—	0.00	6.54	2.86	2.60	1.99	2.52
	P/B	—	—	—	—	17,437.50	1.61	1.32	1.80	1.20	1.65
	EV/Sales	—	—	—	—	0.00	2.66	1.58	1.71	1.20	1.85
	EV/FCF	—	—	—	—	0.00	(4.10)	(3.23)	182.98	(5.18)	(9.34)
Cash, $m
Cash, $m	Operating cash flow	—	—	—	—	(28)	(70)	(78)	6	(33)	(22)
	Capex	—	—	—	—	0	(1)	(4)	(4)	(8)	(9)
	Free cash flow	—	—	—	—	(29)	(72)	(82)	2	(41)	(30)
Balance, $m
Balance, $m	Working capital	—	—	—	—	55	465	246	223	187	128
	Total debt	—	—	—	—	5	—	—	—	—	—
	Net debt	—	—	—	—	(34)	(432)	(217)	(216)	(142)	(105)
	Shareholders’ equity	—	—	—	—	33	450	364	342	289	232
Returns, %
Returns, %	ROA	—	—	—	—	(71.47)	(21.06)	(16.89)	(6.46)	(7.24)	(16.34)
	ROIC	—	—	—	—	0.00	(257.47)	(44.40)	(21.28)	(17.77)	(31.34)
	ROE	—	—	—	—	(19.99)	(38.77)	(23.68)	(9.79)	(10.65)	(23.22)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
XPER Xperi Inc.	$243.9M	— (loss-making)	— (loss-making)	+8.08% (above 0%: growing)	n/m	+42.92% (above 0%: growing)	68.50%	2.54%	Compare
IMMR Immersion Corporation	$237.1M	19.9×	24.9×	+0.81% (above 0%: growing)	n/m	+27.93% (above 0%: growing)	20.51%	(6.79%)	Compare
BLND Blend Labs, Inc.	$236.5M	— (loss-making)	— (loss-making)	+6.98% (above 0%: growing)	n/m	+170.31% (above 0%: growing)	73.54%	(4.66%)	Compare
EXFY Expensify, Inc.	$230.3M	— (loss-making)	— (loss-making)	−5.31% (below 0%: shrinking)	n/m	+4.91% (above 0%: growing)	48.22%	(8.63%)	Compare
SMRT SmartRent, Inc.	$228.0M	— (loss-making)	— (loss-making)	+4.01% (above 0%: growing)	n/m	+79.52% (above 0%: growing)	40.71%	(16.22%)
SVCO Silvaco Group, Inc.	$223.0M	— (loss-making)	— (loss-making)	+47.79% (above 0%: growing)	n/m	+64.65% (above 0%: growing)	85.15%	(22.46%)	Compare
KLTR Kaltura, Inc.	$221.2M	— (loss-making)	— (loss-making)	+5.47% (above 0%: growing)	n/m	−206.36% (below 0%: shrinking)	73.65%	(1.65%)	Compare
DHX DHI Group, Inc.	$216.7M	162×	19.1×	−2.14% (below 0%: shrinking)	n/m	−7.29% (below 0%: shrinking)	79.90%	12.16%	Compare
ASUR Asure Software, Inc.	$211.7M	— (loss-making)	— (loss-making)	+23.20% (above 0%: growing)	n/m	+188.89% (above 0%: growing)	67.51%	(6.46%)	Compare
Median of peers	$226.6M	—	—	+6.23%	—	+35.43%	71.02%	(5.56%)

All 237 Software Application stocks →

SmartRent, Inc. (SMRT) key facts

Concern: SmartRent, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $152.3 million, down 12.9% from fiscal 2024.
Concern: SmartRent, Inc. reported a net loss of $60.6 million, or a loss of $0.32 per share, for fiscal 2025.
SmartRent, Inc. (SMRT) is a Software Application company in the Technology sector, listed on the New York Stock Exchange.
As of October 16, 2026, SMRT traded at $1.14, a market capitalization of $228.0 million.
Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 1.5× sales.
Return on equity was −23.2% and debt-to-equity 0.00.
Its Piotroski F-score is 4 out of 9 and its Altman Z-score is 1.08 (distress zone) for fiscal 2025.