When did SmartRent report Q1 2025 earnings?

SmartRent (SMRT) reported Q1 2025 earnings on May 7, 2025 before market open.

What were SmartRent's Q1 2025 revenue and EPS?

SmartRent reported revenue of $41.3M and eps of $-0.05 for Q1 2025.

Did SmartRent beat estimates in Q1 2025?

Revenue beat the consensus estimate of $41.1M by $198.5K. EPS missed the consensus estimate of $-0.02 by $0.03.

How did SmartRent's Q1 2025 results compare year-over-year?

Compared to the same quarter a year prior, revenue declined 18.1% from $50.5M a year earlier and eps declined 150.0% from $-0.02.

Where can I find SmartRent's Q1 2025 SEC filings?

You can read the 10-Q periodic report (0000950170-25-065034) directly on SEC EDGAR. The filing index links above go to sec.gov.

SmartRent SMRT Q1 2025 earnings

Reported May 7, 2025 · Before market open

Revenue$41.3MBeat by $198.5K

EPS-$0.05Miss by $0.03

Revenue estimate$41.1M

EPS estimate-$0.02

Next report

Aug 5, 2026 (In 1 week)

Revenue estimate$39.6M

EPS estimate-$0.02

Financials

Q1 2025

Income statement

See full

Revenue$41.3M-18.1%

Gross profit$13.6M-30.2%

Operating income-$41.3M-306%

Net income-$40.2M-422%

EPS (diluted)-$0.21-425%

Balance sheet

See full

Cash & equivalents$125.6M-38.6%

Total equity$250.7M-24.7%

Total assets$366.1M-24.6%

Cash flow

See full

Operating cash flow-$12.2M-265%

CapEx$2.2M+6,312%

Free cash flow-$14.3M-326%

Valuation & ratios

Valuation

as of 03/31/25

See full

Market cap$233.17M-57.2%

P/S1.4×-1.0×

Profitability

See full

Gross margin32.9%+5.9pp

Operating margin-44%-121pp

Net margin-39.9%-77.9pp

FCF margin-27.5%-33.3pp

Returns & leverage

See full

Return on equity-22.7%-55.9pp

Current ratio3×0.0×

Segments

By segment

See full

Smart Apartments$35.1M-20.6%

Smart Operations Solutions$2.8M-2.2%

Other Smart Communities Solutions$1.8M+55.4%

Access Control$1.6M-14.5%

By product

See full

Hardware Service$18.8M-35.2%

Software As A Service$14.0M+17.2%

Deferred Hub Amortization$4.7M-22.9%

Professional Services$3.9M+12.6%

Versus estimates

Revenue

Q1 2026$36.6MMiss by $190.5K Q4 2025$36.3MIn line Q3 2025$36.2MMiss by $111.5K Q2 2025$38.3MMiss by $390.5K

Q1 2025$41.3MBeat by $198.5K

Q4 2024$35.4MMiss by $9.2M

Diluted EPS

Q1 2026-$0.02In line Q4 2025-$0.02In line Q3 2025-$0.03Beat by $0.03 Q2 2025-$0.06Miss by $0.02

Q1 2025-$0.05Miss by $0.03

Q4 2024-$0.06Miss by $0.04

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Questions, answered.

When did SmartRent report Q1 2025 earnings?: SmartRent (SMRT) reported Q1 2025 earnings on May 7, 2025 before market open.
What were SmartRent's Q1 2025 revenue and EPS?: SmartRent reported revenue of $41.3M and eps of $-0.05 for Q1 2025.
Did SmartRent beat estimates in Q1 2025?: Revenue beat the consensus estimate of $41.1M by $198.5K. EPS missed the consensus estimate of $-0.02 by $0.03.
How did SmartRent's Q1 2025 results compare year-over-year?: Compared to the same quarter a year prior, revenue declined 18.1% from $50.5M a year earlier and eps declined 150.0% from $-0.02.
Where can I find SmartRent's Q1 2025 SEC filings?: You can read the 10-Q periodic report (0000950170-25-065034) directly on SEC EDGAR. The filing index links above go to sec.gov.