SmartRent, Inc.
SMRT NYSE· Services-Computer Integrated Systems Design
Last close · Oct 23, 2026
$1.24
KIRA · Stoqly’s AI analyst, in plain words
- SmartRent, Inc. had $152M of revenue in fiscal 2025, down 12.9% on the year before. Over five years, revenue changed +23.7% a year on average.
- Its operating margin was −42.0%, down 18.1 pts: of every 100 in sales, about −42 is left after running the business.
- SmartRent, Inc. lost $60.6M in fiscal 2025.
- Free cash flow was −$25.1M in fiscal 2025, −16.5% of revenue.
- SmartRent, Inc. returned $4.9M to shareholders in fiscal 2025. The diluted share count fell 4.8%.
Market cap
$239M
P/E
—
Revenue
$152M
Net income
−$60.6M
Free cash flow
−$25.1M
Operating margin
−42.0%
SmartRent, Inc. in 30 seconds · fiscal 2025
Are sales growing?
−12.9%
No. Sales fell 12.9% last year.
Does it make a profit?
−39.8%
No. It lost money last year.
Does profit turn into cash?
−16.5%
No. It spent more cash than it brought in.
How healthy are the accounts?
3 / 8
Weak. It passes 3 of 8 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What SmartRent, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 4, 2026
- Legal name
- SmartRent, Inc.
- CIK
- 0001837014
SmartRent, Inc. · SMRT
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $111M | $168M | $237M | $175M | $152M |
| Revenue growth | 110.6% | 51.7% | 41.1% | −26.2% | −12.9% |
| Net interest income | −$0.2M | $1.9M | $8.6M | $8.2M | — |
| Gross margin | −9.1% | 0.8% | 20.9% | 34.5% | 32.7% |
| Operating margin | −64.8% | −62.1% | −18.2% | −23.9% | −42.0% |
| Net income | −$72.0M | −$96.3M | −$34.6M | −$33.6M | −$60.6M |
| Net margin | −65.0% | −57.4% | −14.6% | −19.2% | −39.8% |
| Diluted EPS | −$0.96 | −$0.49 | −$0.17 | −$0.17 | −$0.32 |
| Cash | |||||
| Cash from operations | −$70.4M | −$77.8M | $6.0M | −$32.9M | −$21.6M |
| Capital expenditure | $1.5M | $1.1M | $0.1M | $1.8M | $3.6M |
| Free cash flow | −$71.8M | −$78.9M | $5.8M | −$34.7M | −$25.1M |
| FCF margin | −64.9% | −47.0% | 2.5% | −19.8% | −16.5% |
| Share buybacks | — | — | — | $28.6M | $4.9M |
| Share count change | 868,748.8% | 161.7% | 2.6% | −0.8% | −4.8% |
| Debt and strength | |||||
| Cash and short-term investments | $431M | $210M | $215M | $142M | $105M |
| Shareholders' equity | $450M | $364M | $342M | $289M | $232M |
| Current ratio | 7.6x | 2.8x | 2.9x | 3.6x | 3.1x |
| Returns and quality | |||||
| Return on equity | −38.8% | −23.7% | −9.8% | −10.6% | −23.2% |
| Return on tangible equity | −16.6% | −44.6% | −17.5% | −22.6% | −50.3% |
| Piotroski F-score | 3 | 3 | 6 | 4 | 3 |
| Altman Z'' | 7.2 | 2.1 | 2.6 | 1.9 | −0.2 |
Insiders bought, 12 months
$2.3M
4 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
SmartRent, Inc. · SMRT
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $1.24 a share, the company is worth $239M.
Source: SEC EDGAR XBRL filings (CIK 0001837014). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.