SmartRent, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $152.3M | $174.9M | $236.8M | $167.8M | $110.6M |
| Cost of revenue | $102.5M | $114.5M | $187.3M | $166.5M | $120.7M |
| Research and development | $26.2M | $29.4M | $28.8M | $29.4M | $21.6M |
| Operating expenses | $88.9M | $102.1M | $92.7M | $105.6M | $61.6M |
| Operating income | -$64.0M | -$41.8M | -$43.2M | -$104.3M | -$71.7M |
| Pretax income | -$60.5M | -$33.4M | -$34.7M | -$101.7M | -$71.8M |
| Income tax expense | $41,000 | $267,000 | -$108,000 | -$5.4M | $115,000 |
| Net income | -$60.6M | -$33.6M | -$34.6M | -$96.3M | -$72.0M |
| Balance Sheet | |||||
| Cash and equivalents | $104.5M | $142.5M | $215.2M | $210.4M | $430.8M |
| Current assets | $187.9M | $257.6M | $340.3M | $378.4M | $536.0M |
| Total assets | $320.9M | $420.2M | $509.8M | $560.8M | $579.7M |
| Current liabilities | $60.0M | $71.0M | $117.3M | $132.8M | $70.6M |
| Total liabilities | $88.8M | $130.7M | $167.3M | $196.6M | $130.2M |
| Stockholders' equity | $232.1M | $289.4M | $342.4M | $364.2M | $449.5M |
| Cash Flow Statement | |||||
| Cash from operations | -$21.6M | -$32.9M | $6.0M | -$77.8M | -$70.4M |
| Depreciation and amortization | $8.4M | $6.5M | $5.5M | $4.3M | $463,000 |
| Stock-based compensation | $8.8M | $12.1M | $13.2M | $12.9M | $7.3M |
| Capital expenditure | $3.6M | $1.8M | $147,000 | $1.1M | $1.5M |
| Free cash flow | -$25.1M | -$34.7M | $5.8M | -$78.9M | -$71.8M |
| Share repurchases | $4.9M | $28.6M | — | — | — |
| Impairments | $24.9M | $0 | $0 | $4.4M | $0 |
Shares outstanding 192.8M · Free float 46.6%
Annual filing data through FY ended December 31, 2025; float as of July 16, 2026.