SmartRent SMRT Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Access Control | $2.38M+44.4% | $1.98M+8.7% | $1.74M-9.7% | $2.07M-4.1% | $1.65M-14.5% | |
| Other Smart Communities Solutions | $1.53M-15.0% | $1.25M-60.3% | $1.46M-16.1% | $1.33M-45.5% | $1.8M+55.4% | |
| Smart Apartments | $32.38M-7.8% | $30.52M+13.7% | $29.92M-10.4% | $31.97M-21.5% | $35.11M-20.6% | |
| Smart Operations Solutions | $2.4M-14.2% | $2.6M-9.3% | $2.63M-6.4% | $2.63M-5.3% | $2.8M-2.2% | |
| Revenue by Product | ||||||
| Deferred Hub Amortization | $2.05M-56.0% | $2.7M-47.8% | $3.42M-33.9% | $4.62M-11.4% | $4.66M-22.9% | |
| Hardware Service | $15.38M-18.3% | $12.49M+20.3% | $11.51M-38.5% | $15.14M-38.6% | $18.83M-35.2% | |
| Professional Services | $6.03M+55.0% | $5.88M-5.5% | $7.04M+113% | $4.33M-25.6% | $3.89M+12.6% | |
| Software As A Service | $15.22M+9.0% | $15.41M+13.3% | $14.24M+6.9% | $14.22M+11.0% | $13.96M+17.2% | |
| Cost Of Revenue by Product | ||||||
| Deferred Hub Amortization | $1.2M-50.7% | $1.59M-41.4% | $1.82M-33.5% | $2.3M-19.0% | $2.44M-15.4% | |
| Hardware Service | $12.58M-9.9% | $12.17M+21.8% | $13.84M-0.1% | $12.87M-21.1% | $13.96M-25.3% | |
| Professional Services | $5.9M-19.1% | $5.84M-35.2% | $6.8M-0.6% | $6.24M-29.7% | $7.29M+13.1% | |
| Software As A Service | $3.89M-5.0% | $2.81M-20.0% | $4.18M+14.9% | $4.24M+33.0% | $4.09M+34.1% | |
| Revenue by Geography | ||||||
| Non Us | $62K+158% | $12K-96.5% | $105K-78.1% | $20K-97.0% | $24K-87.2% | |
| US | $38.62M-6.5% | $36.46M+4.1% | $36.1M-9.8% | $38.29M-20.0% | $41.32M-17.9% |
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.
