SmartRent SMRT Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Revenue by Business | |||||
| Access Control | $7.44M-5.1% | $7.83M-2.7% | $8.05M+44.9% | $5.56M+137% | |
| Other Smart Communities Solutions | $5.84M-31.2% | $8.49M+96.1% | $4.33M+71.3% | $2.53M-26.1% | |
| Smart Apartments | $127.51M-12.2% | $145.19M-31.2% | $211.13M+40.0% | $150.82M+45.1% | |
| Smart Operations Solutions | $10.66M-5.8% | $11.31M+0.6% | $11.25M+33.4% | $8.43M— | |
| Revenue by Product | |||||
| Deferred Hub Amortization | $15.4M-28.7% | $21.6M-6.5% | $23.1M+13.4% | $20.36M— | |
| Hardware Service | $57.97M-30.0% | $82.84M-39.6% | $137.2M+57.0% | $87.37M+25.5% | |
| Professional Services | $21.13M+12.4% | $18.8M-47.0% | $35.47M+9.8% | $32.3M+42.1% | |
| Software As A Service | $57.82M+12.0% | $51.64M+25.7% | $41.07M+47.8% | $27.79M— | |
| Cost Of Revenue by Product | |||||
| Deferred Hub Amortization | $8.15M-27.1% | $11.17M-11.4% | $12.6M+16.4% | $10.83M— | |
| Hardware Service | $52.83M-10.2% | $58.83M-45.9% | $108.78M+30.6% | $83.29M— | |
| Professional Services | $26.17M-16.0% | $31.16M-43.9% | $55.5M-6.8% | $59.55M+55.9% | |
| Software As A Service | $15.32M+14.4% | $13.39M+28.3% | $10.43M-18.6% | $12.81M— | |
| Revenue by Geography | |||||
| Non Us | $161K-90.4% | $1.68M+30.6% | $1.29M-36.6% | $2.03M-21.0% | |
| US | $152.17M-12.1% | $173.21M-26.5% | $235.55M+42.1% | $165.8M+53.4% | |
| Income Tax Paid State And Local After Refund Received by Geography | |||||
| LA | $8.7M— | —— | —— | —— | |
| NC | $19.23M— | —— | —— | —— | |
| NY | $33.73M— | —— | —— | —— | |
| Other State | $9.3M— | —— | —— | —— | |
| SC | $16.85M— | —— | —— | —— | |
| TX | $78.99M— | —— | —— | —— |
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.
