SmartRent, Inc.
SMRT- Exchange
- NYSE
- Industry
- Services-Computer Integrated Systems Design
- SEC CIK
- 0001837014
In the last 90 days, SmartRent, Inc. insiders filed 1 open-market purchase and 0 sales; 129 institutions reported holding it in 13F filings for Q2 2026, worth $149.8M in total; Oaktree Capital is the only superinvestor holding it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Nov 5, 2026, 12:23 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Net loss for FY2025: $60.6M (39.8% of revenue).
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 5, 2026 | Mar 5, 2025 | Mar 5, 2024 | Mar 8, 2023 | Jan 11, 2022 |
| Revenue | $152.3M | $174.9M | $236.8M | $167.8M | $110.6M |
| Cost of revenue | $102.5M | $114.5M | $187.3M | $166.5M | $120.7M |
| Operating expenses | $88.9M | $102.1M | $92.7M | $105.6M | $61.6M |
| Research and development | $26.2M | $29.4M | $28.8M | $29.4M | $21.6M |
| Selling, general and administrative | $43.2M | $54.3M | $44.7M | $55.3M | $26.0M |
| Operating income | -$64.0M | -$41.8M | -$43.2M | -$104.3M | -$71.7M |
| Income tax | $41.0K | $267.0K | -$108.0K | -$5.39M | $115.0K |
| Net income | -$60.6M | -$33.6M | -$34.6M | -$96.3M | -$72.0M |
| EPS, basic | $-0.32 | $-0.17 | $-0.17 | $-0.49 | – |
| EPS, diluted | $-0.32 | $-0.17 | $-0.17 | $-0.49 | – |
| Weighted shares, basic | 189.7M | 199.2M | 200.7M | 195.6K | – |
| Weighted shares, diluted | 189.7M | 199.2M | 200.7M | 195.6K | – |
| Margins and growth | |||||
| Operating margin | -42.0% | -23.9% | -18.2% | -62.1% | -64.8% |
| Net margin | -39.8% | -19.2% | -14.6% | -57.4% | -65.0% |
| Revenue growth, year over year | −12.9% | −26.2% | +41.1% | +51.7% | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 5, 2026 | Mar 5, 2025 | Mar 5, 2024 | Mar 8, 2023 | Jan 11, 2022 |
| Cash and equivalents | $104.5M | $142.5M | $215.2M | $210.4M | $430.8M |
| Accounts receivable | $47.4M | $59.3M | $61.9M | $62.4M | $45.5M |
| Inventory | $26.7M | $35.3M | $41.6M | $75.7M | $33.2M |
| Total current assets | $187.9M | $257.6M | $340.3M | $378.4M | $536.0M |
| Property, plant and equipment | $5.12M | $2.45M | $1.40M | $2.07M | $1.87M |
| Goodwill | $92.3M | $117.3M | $117.3M | $117.3M | $12.7M |
| Intangible assets | $19.5M | $23.4M | $27.2M | $31.1M | $3.59M |
| Total assets | $320.9M | $420.2M | $509.8M | $560.8M | $579.7M |
| Accounts payable | $13.0M | $8.72M | $15.1M | $18.4M | $6.15M |
| Total current liabilities | $60.0M | $71.0M | $117.3M | $132.8M | $70.6M |
| Total liabilities | $88.8M | $130.7M | $167.3M | $196.6M | $130.2M |
| Shareholders' equity | $232.1M | $289.4M | $342.4M | $364.2M | $449.5M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 5, 2026 | Mar 5, 2025 | Mar 5, 2024 | Mar 8, 2023 | Jan 11, 2022 |
| Operating cash flow | -$21.6M | -$32.9M | $5.98M | -$81.0M | -$70.4M |
| Capital expenditures | $3.55M | $1.77M | $147.0K | $1.11M | $1.47M |
| Free cash flow | -$25.1M | -$34.7M | $5.83M | -$82.2M | -$71.8M |
| Depreciation and amortization | $8.43M | $6.50M | $5.53M | $4.26M | $463.0K |
| Stock-based compensation | $8.78M | $12.1M | $13.2M | $12.9M | $7.32M |
| Share buybacks | $4.89M | $28.6M | – | – | – |
| Investing cash flow | -$8.63M | -$7.60M | -$6.02M | -$130.8M | -$9.37M |
| Financing cash flow | -$7.44M | -$33.0M | -$1.91M | -$2.80M | $473.9M |
| Net change in cash | -$37.9M | -$73.2M | -$2.00M | -$214.9M | $394.0M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 5.8% | 6.9% | 5.6% | 7.7% | 6.6% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Nov 2, 2026 | 189.8M | +0.3% | SEC |
| Aug 3, 2026 | 191.6M | +1.9% | SEC |
| May 4, 2026 | 192.8M | +2.5% | SEC |
| Mar 2, 2026 | 192.2M | −0.2% | SEC |
| Nov 3, 2025 | 189.2M | −1.7% | SEC |
| Aug 4, 2025 | 188.1M | −7.1% | SEC |
| May 5, 2025 | 188.2M | −6.8% | SEC |
| Mar 3, 2025 | 192.7M | −5.5% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.