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SmartRent SMRT US — Revenue

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Other financials

Income statement

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Revenue$38.7M-6.4%
Gross profit$15.1M+11.5%
Operating income-$5.1M+87.7%
Net income-$4.4M+88.9%
EPS (diluted)-$0.02+90.5%

Balance sheet

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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

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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

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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

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Return on equity-10.3%-3.6pp
Debt / equity0.0×
Current ratio3.9×+0.9×

Where this comes from

Reported directly by SmartRent in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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 US — revenue?
SmartRent (SMRT) reported US — revenue of $38.62M in Q1 2026.
How has SmartRent's US — revenue changed year-over-year?
SmartRent's US — revenue decreased by 6.5% year-over-year, from $41.32M to $38.62M.
What is the long-term trend for SmartRent's US — revenue?
Over 4 years (2021 to 2025), SmartRent's US — revenue has grown at a 8.9% compound annual growth rate (CAGR), from $108.07M to $152.17M.
What does US — revenue mean?
This metric represents the total net revenue generated from contracts with customers within the United States geographic segment, excluding any assessed taxes collected on behalf of government authorities. It serves as a primary indicator of the company's market penetration and demand for its smart home technology solutions within its core domestic market. By focusing on contract-based revenue, it highlights the recurring or project-based income streams derived from property owners and managers.