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SmartRent SMRT Net Income

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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%
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$229.93M-10.1%
P/S1.5×-0.2×

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 / equity0×0.0×
Current ratio3.8×+1.1×

Where this comes from

Reported directly by SmartRent in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

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

Filed
Aug 5, 2026, 8:13 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-333924
Line itemFor the three months ended June 30, 2026For the three months ended June 30, 2025For the six months ended June 30, 2026For the six months ended June 30, 2025
Other expense, net(68)(220)(143)(207)
Loss before income taxes(5,803)(10,893)(10,211)(50,969)
Income tax (benefit) expense(162)(33)(122)75
Net loss$(5,641)$(10,860)$(10,089)$(51,044)
Other comprehensive loss
Foreign currency translation adjustment387639(80)727
Comprehensive loss$(5,254)$(10,221)$(10,169)$(50,317)
Net loss per common share

Item 1 - Financial Statements (Unaudited)

FAQ

What is SmartRent's net income?
SmartRent (SMRT) reported net income of -$5.64M in Q2 2026.
How has SmartRent's net income changed year-over-year?
SmartRent's net income increased by 48.1% year-over-year, from -$10.86M to -$5.64M.
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.

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