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SmartRent SMRT Change in allowance for credit loss

Change in allowance for credit loss at other companies

American Assets Trust logo
American Assets TrustAAT
$318K+3,280%
Trico Bancshares logo
Trico BancsharesTCBK
$138.36M+5.1%
Trico Bancshares logo
Trico BancsharesTCBK
$138.36M+5.1%
Pathfinder Bancorp logo
Pathfinder BancorpPBHC
-$29.44M-70.7%
Evolv Technologies Holdings, Inc. logo
Evolv Technologies Holdings, Inc.EVLV
$0-100%
American Coastal Insurance Corporation logo
American Coastal Insurance CorporationACIC
$6K-71.4%

Other financials

Income statement

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Revenue$39.8M+4.0%
Gross profit$16.2M+28.0%
Operating income-$6.5M+44.7%
Net income-$5.6M+48.1%
EPS (diluted)-$0.03+50.0%

Balance sheet

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Cash & equivalents$92.7M-11.8%
Total debt$7.0M-7.8%
Total equity$225.1M-5.7%
Total assets$293.7M-17.0%

Cash flow

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Operating cash flow-$1.7M+88.7%
CapEx$225.0K-82.4%
Free cash flow-$1.9M+88.2%

Valuation

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Market cap$272.09M+15.7%
P/S1.8×+0.3×

Profitability

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Gross margin36.4%+4.3pp
Operating margin-14.9%-6.1pp
Net margin-13%-5.4pp
FCF margin-30.4%-43.6pp

Returns & leverage

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Return on equity-8.4%-3.4pp
Debt / equity0.0×
Current ratio3.8×+1.1×

Where this comes from

Reported directly by SmartRent in its filing.

Tagged under the XBRL concept us-gaap:NetInvestmentInLeaseCreditLossExpenseReversal.

The source filing: SmartRent’s 10-Q, filed August 5, 2026. Open the filing →

Filed
Aug 5, 2026, 8:13 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-333924

FAQ

What is SmartRent's change in allowance for credit loss?
SmartRent (SMRT) reported change in allowance for credit loss of $113K in Q2 2026.
How has SmartRent's change in allowance for credit loss changed year-over-year?
SmartRent's change in allowance for credit loss decreased by 25.7% year-over-year, from $152K to $113K.
What is the long-term trend for SmartRent's change in allowance for credit loss?
Over 2 years (2022 to 2025), SmartRent's change in allowance for credit loss has grown at a -15.7% compound annual growth rate (CAGR), from $1.41M to $999K.
What does change in allowance for credit loss mean?
Change in allowance for credit loss as reported by SmartRent, Inc..

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