SMARTRENT, INC. financials
Source: EDGAR filings · Built 2026-06-02T04:04:01Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -25.13M | -34.68M | 5.83M | -78.95M | -71.85M | -28.79M |
| EBITDA | -55.55M | -35.28M | -37.63M | -99.99M | -71.19M | -35.42M |
| Working Capital | 127.86M | 186.62M | 223.03M | 245.58M | 465.44M | 54.83M |
| Net Debt | -97.53M | -134.87M | -212.37M | -206.02M | -427.64M | -34.96M |
| Gross Margin | 32.74% | 34.50% | 20.91% | 0.80% | -9.10% | -8.18% |
| Operating Margin | -42.00% | -23.89% | -18.22% | -62.12% | -64.76% | -67.99% |
| Net Margin | -39.76% | -19.24% | -14.60% | -57.40% | -65.04% | -70.64% |
| Return on Equity (ROE) | -26.09% | -11.62% | -10.10% | -26.45% | -16.01% | 47.42% |
| Return on Assets (ROA) | -18.87% | -8.01% | -6.79% | -17.17% | -12.41% | -35.73% |
| Current Ratio | 3.13× | 3.63× | 2.90× | 2.85× | 7.60× | 2.67× |
| Debt-to-Equity | 0.03× | 0.03× | 0.01× | 0.01× | 0.01× | -0.05× |
| Effective Tax Rate | -0.07% | -0.80% | 0.31% | 5.30% | -0.16% | -0.40% |
| Cash Conversion Ratio | 0.36× | 0.98× | -0.17× | 0.81× | 0.98× | 0.77× |
| Accruals Ratio | -0.12× | -0.00× | -0.08× | -0.03× | -0.00× | -0.08× |
| SBC % of Revenue | 5.76% | 6.90% | 5.56% | 7.69% | 6.62% | 2.00% |
| CapEx Coverage | -6.07× | -18.63× | 40.69× | -69.93× | -47.84× | -95.60× |
| Free Cash Flow Per Share | $-0.13 | $-0.17 | $0.03 | $-0.40 | $-0.96 | $-3.35 |
Valuation Metrics
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 152.33M | 174.88M | 236.84M | 167.82M | 110.64M | 52.53M |
| Revenues | 152.33M | 174.88M | 236.84M | 167.82M | 110.64M | 52.53M |
| Cost of Revenue | 102.46M | 114.55M | 187.31M | 166.47M | 120.71M | 56.83M |
| Research and Development Expense | 26.22M | 29.37M | 28.80M | 29.42M | 21.57M | 9.41M |
| Operating Expenses | 88.92M | 102.11M | 92.69M | 105.60M | 61.58M | 31.42M |
| Operating Income (Loss) | -63.98M | -41.77M | -43.16M | -104.25M | -71.65M | -35.72M |
| Income Tax Expense (Benefit) | 41.00K | 267.00K | -108.00K | -5.39M | 115.00K | 149.00K |
| Net Income (Loss) Attributable to Parent | -60.56M | -33.64M | -34.59M | -96.32M | -71.96M | -37.11M |
| Earnings Per Share, Basic | $-0.32 | $-0.17 | $-0.17 | $-0.49 | $-0.96 | $-4.32 |
| Weighted Average Number of Shares Outstanding, Basic | 189.68M | 199.18M | 200.70M | 195.57M | 74.72M | 8.60M |
| Earnings Per Share, Diluted | $-0.32 | $-0.17 | $-0.17 | $-0.49 | $-0.96 | $-4.32 |
| Weighted Average Number of Shares Outstanding, Diluted | 189.68M | 199.18M | 200.70M | 195.57M | 74.72M | 8.60M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 104.55M | 142.48M | 215.21M | 210.41M | 430.84M | 38.62M |
| Assets, Current | 187.88M | 257.65M | 340.34M | 378.36M | 536.01M | 87.66M |
| Assets | 320.93M | 420.18M | 509.76M | 560.85M | 579.68M | 103.85M |
| Liabilities, Current | 60.02M | 71.03M | 117.31M | 132.78M | 70.57M | 32.83M |
| Liabilities | 88.79M | 130.74M | 167.31M | 196.65M | 130.18M | 70.67M |
| Stockholders' Equity Attributable to Parent | 232.14M | 289.44M | 342.45M | 364.20M | 449.50M | -78.25M |
| Common Stock, Shares, Outstanding | 189.68M | 192.05M | 203.33M | 198.53M | 193.86M | 10,376 |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -21.57M | -32.91M | 5.98M | -77.83M | -70.38M | -28.49M |
| Payments to Acquire Property, Plant, and Equipment | 3.55M | 1.77M | 147.00K | 1.11M | 1.47M | 298.00K |
| Net Cash Provided by (Used in) Investing Activities | -8.63M | -7.60M | -6.02M | -133.99M | -9.37M | -2.68M |
| Payments for Repurchase of Common Stock | 4.89M | 28.57M | — | — | — | — |
| Net Cash Provided by (Used in) Financing Activities | -7.44M | -32.96M | -1.91M | -2.80M | 473.93M | 48.22M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -4.57M | 7.66M | -32.78M | -30.56M | -14.35M | -13.26M |
| EBITDA | -2.87M | -1.75M | — | — | -39.35M | -11.19M |
| Working Capital | 125.86M | 127.86M | 128.84M | 137.48M | 151.99M | 186.62M |
| Net Debt | -93.35M | -97.53M | -93.92M | -98.63M | -118.88M | -134.87M |
| Gross Margin | 39.09% | 38.58% | 26.43% | 33.07% | 32.80% | 28.71% |
| Operating Margin | -13.17% | -10.90% | -19.41% | -30.50% | -99.87% | -36.64% |
| Net Margin | -11.50% | -8.89% | -17.32% | -28.35% | -97.19% | -32.30% |
| Return on Equity (ROE) | -1.93% | -1.40% | -2.67% | -4.55% | -16.03% | -3.95% |
| Return on Assets (ROA) | -1.48% | -1.01% | -1.87% | -3.07% | -10.98% | -2.72% |
| Current Ratio | 3.95× | 3.13× | 2.77× | 2.72× | 3.00× | 3.63× |
| Debt-to-Equity | 0.02× | 0.03× | 0.03× | 0.03× | 0.03× | 0.03× |
| Effective Tax Rate | -0.91% | 2.70% | -0.90% | 0.30% | -0.27% | -1.20% |
| Cash Conversion Ratio | 1.02× | -2.36× | 4.66× | 2.50× | 0.30× | 1.05× |
| Accruals Ratio | 0.00× | -0.03× | 0.07× | 0.05× | -0.08× | 0.00× |
| SBC % of Revenue | 7.90% | 4.66% | 19.56% | 13.04% | 6.86% | 7.20% |
| CapEx Coverage | -151.43× | 7657.00× | -8.23× | -7.83× | -5.58× | -9.67× |
| Free Cash Flow Per Share | $-0.02 | $0.04 | $-0.17 | $-0.16 | $-0.07 | $-0.07 |
Valuation Metrics
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 38.68M | 36.47M | 36.20M | 38.31M | 41.34M | 35.37M |
| Revenues | 38.68M | 36.47M | 36.20M | 38.31M | 41.34M | 35.37M |
| Cost of Revenue | 23.56M | 22.40M | 26.63M | 25.64M | 27.78M | 25.21M |
| Research and Development Expense | 6.15M | 5.35M | 6.15M | 6.46M | 8.26M | 6.93M |
| Operating Expenses | 20.21M | 18.05M | 16.60M | 24.35M | 29.92M | 23.11M |
| Operating Income (Loss) | -5.09M | -3.98M | -7.03M | -11.69M | -41.29M | -12.96M |
| Income Tax Expense (Benefit) | 40.00K | -90.00K | 56.00K | -33.00K | 108.00K | 136.00K |
| Net Income (Loss) Attributable to Parent | -4.45M | -3.24M | -6.27M | -10.86M | -40.18M | -11.42M |
| Earnings Per Share, Basic | $-0.02 | $-0.02 | $-0.03 | $-0.06 | $-0.21 | $-0.06 |
| Weighted Average Number of Shares Outstanding, Basic | 191.65M | 189.68M | 188.38M | 188.75M | 192.42M | 199.18M |
| Earnings Per Share, Diluted | $-0.02 | $-0.02 | $-0.03 | $-0.06 | $-0.21 | $-0.06 |
| Weighted Average Number of Shares Outstanding, Diluted | 191.65M | 189.68M | 188.38M | 188.75M | 192.42M | 199.18M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 98.82M | 104.55M | 100.02M | 105.04M | 125.60M | 142.48M |
| Assets, Current | 168.57M | 187.88M | 201.47M | 217.54M | 227.86M | 257.65M |
| Assets | 300.24M | 320.93M | 335.80M | 353.97M | 366.06M | 420.18M |
| Liabilities, Current | 42.72M | 60.02M | 72.62M | 80.06M | 75.87M | 71.03M |
| Liabilities | 69.56M | 88.79M | 101.39M | 115.12M | 115.39M | 130.74M |
| Stockholders' Equity Attributable to Parent | 230.67M | 232.14M | 234.41M | 238.85M | 250.67M | 289.44M |
| Common Stock, Shares, Outstanding | 192.72M | 189.68M | 189.20M | 188.06M | 191.75M | 192.05M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -4.54M | 7.66M | -29.23M | -27.10M | -12.17M | -12.02M |
| Payments to Acquire Property, Plant, and Equipment | 30.00K | 1.00K | 3.55M | 3.46M | 2.18M | 1.24M |
| Net Cash Provided by (Used in) Investing Activities | -1.09M | -1.68M | -6.94M | -5.85M | -3.47M | -2.57M |
| Payments for Repurchase of Common Stock | — | -29.00K | 4.92M | 4.92M | 1.20M | 5.10M |
| Net Cash Provided by (Used in) Financing Activities | 393.00K | -448.00K | -7.00M | -5.27M | -1.50M | -6.71M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (SMRT CIK 0001837014),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.