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SMRT

SmartRent·NYSE
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SMRT fundamentals

SmartRent (SMRT) released its earnings on Nov 5, 2025: revenue was 36.20M (YoY -10.62%), missed estimates; EPS was -0.03 (YoY +40.00%), beat estimates.
Revenue / YoY
36.20M
-10.62%
EPS / YoY
-0.03
+40.00%
Report date
Nov 5, 2025
SMRT Earnings Call Summary for Q3,2025

Key Takeaways:

  • Installed Base Growth: 870,000 units (+11% YoY), with 22,000 new units deployed Q3 (+49% YoY).
  • SaaS Momentum: $14.2M SaaS revenue (+7% YoY), 39% of total revenue vs. 33% prior year.
  • Cost Efficiency: $30M annualized expense reductions, net cash burn improved 79% to $5M.
  • Customer粘性: 0% churn, 90% of property managers cite SmartRent as key to NOI growth.
  • ARPU Recovery: Q3 ARPU impacted by one-time $0.15 adjustment; expects Q4 normalization to $5.65-$5.70.
  • 2026 Outlook: Targeting cash flow neutrality, with expanded sales capacity and 2026 operational efficiency gains from internal process simplification.
EPS
Revenue

Revenue & Expenses

SMRT has released its 2025 Q3 earnings report, with revenue of 36.20M, reflecting a YoY change of -10.63%, and net profit of -6.27M, showing a YoY change of 36.81%. The Sankey diagram below clearly presents SMRT's revenue sources and cost distribution.

Key Indicators

SmartRent (SMRT) key financial stats and ratios, covering profitability, financial health, and leverage.
SmartRent (SMRT)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.
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SmartRent (SMRT)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.
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SmartRent (SMRT)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.
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Where does SmartRent (SMRT) generate its revenue? Explore its key revenue streams and top earning regions.
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Track SmartRent (SMRT) Dividend Yield, Payout Ratio & Sustainability Through Its Dividend History
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