What is SmartRent's net income?

SmartRent (SMRT) reported net income of -$4.45M in Q1 2026.

How has SmartRent's net income changed year-over-year?

SmartRent's net income increased by 88.9% year-over-year, from -$40.18M to -$4.45M.

What is the long-term trend for SmartRent's net income?

Over 4 years (2021 to 2025), SmartRent's net income has grown at a -4.2% compound annual growth rate (CAGR), from -$71.96M to -$60.56M.

What does net income mean?

The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

SmartRent SMRT Net Income

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$11.21M+334%

VenHub Global, Inc. VHUB

-$16.61M-77.7%

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$124.36M-31.5%

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$53.46M-18.4%

AppFolioAPPF

$42.42M+35.2%

Other financials

Income statement

See full

Revenue$38.7M-6.4%

Gross profit$15.1M+11.5%

Operating income-$5.1M+87.7%

EPS (diluted)-$0.02+90.5%

Balance sheet

See full

Cash & equivalents$98.8M-21.3%

Total debt$7.0M-7.8%

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

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Market cap$229.48M+27.8%

P/S1.5×+0.4×

Profitability

See full

Gross margin34.4%+1.5pp

Operating margin-18.6%-6.8pp

Net margin-16.6%-6.1pp

FCF margin-30.4%-43.6pp

Returns & leverage

See full

Return on equity-10.3%-3.6pp

Debt / equity0×0.0×

Current ratio3.9×+0.9×

Where this comes from

Reported directly by SmartRent in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The official record: SmartRent’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is SmartRent's net income?: SmartRent (SMRT) reported net income of -$4.45M in Q1 2026.
How has SmartRent's net income changed year-over-year?: SmartRent's net income increased by 88.9% year-over-year, from -$40.18M to -$4.45M.
What is the long-term trend for SmartRent's net income?: Over 4 years (2021 to 2025), SmartRent's net income has grown at a -4.2% compound annual growth rate (CAGR), from -$71.96M to -$60.56M.
What does net income mean?: The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.