Skip to content
SmartRent logo

SmartRent

SMRT

SmartRent is an enterprise real estate technology company providing a comprehensive management platform for property owners, managers, and residents.

Market cap
$185.82M-4.1%
Revenue$149.7M-9.7%
Net income-$24.8M+62.5%
Free cash flow-$37.4M-7.7%
EPS (diluted)-$0.13+61.8%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 5, 2026 (In 1 week)
Revenue estimate$39.6M
EPS estimate-$0.02

Financials

Q1 2026

Income statement

See full
Revenue$38.7M-6.4%
Gross profit$15.1M+11.5%
Operating income-$5.1M+87.7%
Net income-$4.4M+88.9%
EPS (diluted)-$0.02+90.5%

Balance sheet

See full
Cash & equivalents$98.8M-21.3%
Total equity$230.7M-8.0%
Total assets$300.2M-18.0%

Cash flow

See full
Operating cash flow-$4.5M+62.7%
CapEx$30.0K-98.6%
Free cash flow-$4.6M+68.1%

Valuation & ratios

Valuation

See full
Market cap$185.82M-4.1%
P/S1.2×-0.1×

Profitability

See full
Gross margin34.4%+1.5pp
Operating margin-18.6%-6.8pp
Net margin-16.6%-6.1pp

Returns & leverage

See full
Return on equity-10.3%-3.6pp
Current ratio3.9×+0.9×

Segments

By segment

See full
Smart Apartments$32.4M-7.8%
Smart Operations Solutions$2.4M-14.2%
Access Control$2.4M+44.4%
Other Smart Communities Solutions$1.5M-15.0%

By product

See full
Hardware Service$15.4M-18.3%
Software As A Service$15.2M+9.0%
Professional Services$6.0M+55.0%
Deferred Hub Amortization$2.1M-56.0%

Competitors

Profile

SmartRent is an enterprise real estate technology company providing a comprehensive management platform for property owners, managers, and residents. The company offers a suite of cloud-based SaaS solutions and smart building hardware designed to lower operating costs, increase asset protection, and enhance the resident living experience through centralized visibility and control.

Competitive position

SmartRent utilizes an open-architecture, brand-agnostic approach that allows for the integration of third-party smart devices into a single enterprise interface.

GeographiesUnited States
Customer segmentsEnterprise Real Estate, Multifamily Housing, Property Management Companies
Business modelSubscription SaaS, Hardware-as-a-Service, Professional Services
SuppliersThird-party smart device manufacturers, Cloud infrastructure providers, Hardware component suppliers
CustomersInstitutional real estate owners, Residential property management firms, Apartment residents
Listed2021
Employees526.0
CEOFrank D. Martell
FilingsSEC EDGAR

Questions, answered.

What is SmartRent's market cap?
SmartRent (SMRT) has a market capitalization of $185.8M and trades on NYSE.
What is SmartRent's revenue and profitability?
SmartRent generated $149.7M in trailing twelve-month revenue with a net loss of $24.8M, representing a net margin of -16.6%. Gross margin stands at 34.4%, with free cash flow of -$37.4M. These figures are based on the Q1 2026 filing.
Who are SmartRent's competitors?
SmartRent's key competitors include PointCentral, CALIX, INC., Mid-America Apartment Communities, Inc., and others. These companies compete in similar markets and product categories.
What subsidiaries does SmartRent have?
SmartRent's subsidiaries include SightPlan, iQuue.
Where is SmartRent headquartered?
SmartRent is headquartered in United States of America and employs approximately 526 people. It has been publicly traded since 2021.