SmartRent SMRT Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Access Control | $2.38M+20.1% | $1.98M+13.7% | $1.74M-16.2% | $2.07M+26.1% | $1.65M-9.6% | |
| Other Smart Communities Solutions | $1.53M+21.9% | $1.25M-14.4% | $1.46M+9.9% | $1.33M-25.9% | $1.8M-43.1% | |
| Smart Apartments | $32.38M+6.1% | $30.52M+2.0% | $29.92M-6.4% | $31.97M-8.9% | $35.11M+30.8% | |
| Smart Operations Solutions | $2.4M-7.7% | $2.6M-1.1% | $2.63M+0.3% | $2.63M-6.2% | $2.8M-2.5% | |
| Revenue by Product | ||||||
| Deferred Hub Amortization | $2.05M-23.9% | $2.7M-21.3% | $3.42M-25.9% | $4.62M-0.8% | $4.66M-9.8% | |
| Hardware Service | $15.38M+23.1% | $12.49M+8.6% | $11.51M-24.0% | $15.14M-19.6% | $18.83M+81.3% | |
| Professional Services | $6.03M+2.6% | $5.88M-16.4% | $7.04M+62.6% | $4.33M+11.1% | $3.89M-37.4% | |
| Software As A Service | $15.22M-1.2% | $15.41M+8.2% | $14.24M+0.1% | $14.22M+1.8% | $13.96M+2.7% | |
| Cost Of Revenue by Product | ||||||
| Deferred Hub Amortization | $1.2M-24.2% | $1.59M-12.8% | $1.82M-20.9% | $2.3M-5.7% | $2.44M-9.9% | |
| Hardware Service | $12.58M+3.4% | $12.17M-12.1% | $13.84M+7.5% | $12.87M-7.8% | $13.96M+39.8% | |
| Professional Services | $5.9M+1.0% | $5.84M-14.2% | $6.8M+9.0% | $6.24M-14.5% | $7.29M-19.0% | |
| Software As A Service | $3.89M+38.1% | $2.81M-32.7% | $4.18M-1.3% | $4.24M+3.6% | $4.09M+16.3% | |
| Revenue by Geography | ||||||
| Non Us | $62K+417% | $12K-88.6% | $105K+425% | $20K-16.7% | $24K-93.0% | |
| US | $38.62M+5.9% | $36.46M+1.0% | $36.1M-5.7% | $38.29M-7.3% | $41.32M+18.0% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does SmartRent break its business down?
- SmartRent (SMRT) reports revenue by business across 4 parts — Access Control, Other Smart Communities Solutions, Smart Apartments and Smart Operations Solutions. Each is extracted from the segment footnotes and tracked over time.
- Where does SmartRent's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in SmartRent's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
