What is SmartRent's total revenue?

SmartRent (SMRT) reported total revenue of $38.68M in Q1 2026.

How has SmartRent's total revenue changed year-over-year?

SmartRent's total revenue decreased by 6.4% year-over-year, from $41.34M to $38.68M.

What is the long-term trend for SmartRent's total revenue?

Over 4 years (2021 to 2025), SmartRent's total revenue has grown at a 8.3% compound annual growth rate (CAGR), from $110.64M to $152.33M.

What does total revenue mean?

The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

SmartRent SMRT Total Revenue

Total Revenue at other companies

Alarm.com HoldingsALRM

$265.19M+11.0%

CalixCALX

$279.98M+27.1%

VenHub Global, Inc. VHUB

$67.84K-86.4%

Mid-America Apartment CommunitiesMAA

$553.73M+0.8%

ItronITRI

$586.98M-3.3%

AppFolioAPPF

$262.21M+20.4%

Segments

By segment

See full

Smart Apartments$32.38M-7.8%

Smart Operations Solutions$2.4M-14.2%

Access Control$2.38M+44.4%

Other Smart Communities Solutions$1.53M-15.0%

By product

See full

Hardware Service$15.38M-18.3%

Software As A Service$15.22M+9.0%

Professional Services$6.03M+55.0%

Deferred Hub Amortization$2.05M-56.0%

By geography

See full

US$35.02M-41.6%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow-$4.5M+62.7%

CapEx$30.0K-98.6%

Free cash flow-$4.6M+68.1%

Valuation

See full

Market cap$229.48M+27.8%

P/S1.5×+0.4×

Profitability

See full

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

See full

Return on equity-10.3%-3.6pp

Debt / equity0×0.0×

Current ratio3.9×+0.9×

Where this comes from

Reported directly by SmartRent in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

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 total revenue?: SmartRent (SMRT) reported total revenue of $38.68M in Q1 2026.
How has SmartRent's total revenue changed year-over-year?: SmartRent's total revenue decreased by 6.4% year-over-year, from $41.34M to $38.68M.
What is the long-term trend for SmartRent's total revenue?: Over 4 years (2021 to 2025), SmartRent's total revenue has grown at a 8.3% compound annual growth rate (CAGR), from $110.64M to $152.33M.
What does total revenue mean?: The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.