SMRT
SmartRent Inc
NYSE: SMRT · TECHNOLOGY · SOFTWARE - APPLICATION
$1.36
+1.49% today
Updated 2026-04-30
Market cap
$257.63M
P/E ratio
—
P/S ratio
1.69x
EPS (TTM)
$-0.32
Dividend yield
—
52W range
$1 – $2
Volume
0.8M
SmartRent Inc (SMRT) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.36B | $1.33B | $1.27B | $36.23M | $52.53M | $110.64M | $167.82M | $236.84M | $174.88M | $152.33M |
| Revenue growth (YoY) | — | -2.1% | -4.5% | -97.2% | +45.0% | +110.6% | +51.7% | +41.1% | -26.2% | -12.9% |
| Cost of revenue | $1.00B | $987.69M | $919.81M | $37.29M | $56.83M | $120.71M | $166.47M | $187.31M | $114.55M | $102.46M |
| Gross profit | $358.98M | $344.88M | $352.92M | $-1.06M | $-4.30M | $-10.07M | $1.35M | $49.53M | $60.34M | $49.87M |
| Gross margin | 26.4% | 25.9% | 27.7% | -2.9% | -8.2% | -9.1% | 0.8% | 20.9% | 34.5% | 32.7% |
| R&D | — | — | — | $7.73M | $9.41M | $21.57M | $29.42M | $28.80M | $29.37M | $26.22M |
| SG&A | $354.01M | $372.31M | $343.24M | $12.38M | $16.58M | $25.99M | $55.30M | $44.67M | $54.30M | $43.24M |
| Operating income | $3.57M | $-31.23M | $4.69M | $-24.43M | $-35.72M | $-71.65M | $-104.25M | $-43.16M | $-41.77M | $-37.68M |
| Operating margin | 0.3% | -2.3% | 0.4% | -67.4% | -68.0% | -64.8% | -62.1% | -18.2% | -23.9% | -24.7% |
| EBITDA | $28.40M | $-8.48M | $15.37M | $-24.38M | $-35.65M | $-71.19M | $-99.99M | $-37.63M | $-35.28M | $-29.44M |
| EBITDA margin | 2.1% | -0.6% | 1.2% | -67.3% | -67.9% | -64.3% | -59.6% | -15.9% | -20.2% | -19.3% |
| EBIT | $-4.20M | $-40.81M | $-17.08M | $-24.43M | $-36.40M | $-71.65M | $-104.25M | $-43.16M | $-41.77M | $-37.68M |
| Interest expense | $0.00 | $0.00 | $0.00 | $0.00 | $559000.00 | $249000.00 | $1.95M | $8.58M | $400000.00 | $378000.00 |
| Income tax | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $401000.00 | $-24.32M | $-6.17M | $-33.47M | $-37.11M | $-71.96M | $-96.32M | $-34.59M | $-33.64M | $-60.56M |
| Net income growth (YoY) | — | -6165.8% | +74.6% | -442.4% | -10.9% | -93.9% | -33.9% | +64.1% | +2.7% | -80.0% |
| Profit margin | 0.0% | -1.8% | -0.5% | -92.4% | -70.6% | -65.0% | -57.4% | -14.6% | -19.2% | -39.8% |