NYSE$SMRT

Smartrent Inc · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

SmartRent reported Q1 2026 with $38.7M revenue, net loss of $4.4M, and diluted loss per share of $0.02.

For the period ended 2026-03-31, SmartRent reported $38.7M revenue. Total revenue $38.7M (-6% YoY) on lower hardware unit shipments. Net loss $(4.4)M vs $(40.2)M prior year as operating loss narrowed. Hosted services and SaaS revenue mix increased. No EPS guidance; focuses on units deployed, SaaS mix, and smart-home adoption.

  • Total revenue $38.7M (-6% YoY) on lower hardware unit shipments.
  • Net loss $(4.4)M vs $(40.2)M prior year as operating loss narrowed.
  • Hosted services and SaaS revenue mix increased.

Headline financials

Total Revenue

$38.7M

Previous: $41.3M-6.4%
EPS (adj)

-$0.02

Previous: -$0.10+80.0%
Capital Expenditures

-$30K

Previous: -$2.18M+98.6%
Net Income

-$4.45M

Previous: -$40.2M+88.9%
Operating Income

-$5.09M

Previous: -$41.3M+87.7%

Revenue & EPS history

Smartrent · Revenue · Quarterly

$38.7M

Q1 2026-6.4%vs Q1 2025
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Smartrent · $38.3M total across 3 segments · Q2 2025

  • Hosted services
    $18.8M—
  • Hardware
    $15.1M—
  • Professional services
    $4.33M—

Forward guidance

No EPS guidance; focuses on units deployed, SaaS mix, and smart-home adoption.

Tailwinds

  • Net loss improved dramatically YoY.
  • SaaS revenue grew $1.2M YoY.
  • Operating expenses down 32%.

Headwinds

  • Hardware revenue declined on shipment timing.
  • Still GAAP loss-making.
  • Customer concentration and housing cycle risk.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-0.7%

Avg return

Earnings day

-0.3%

Avg return

5 days after

-1.4%

Avg return

30 days after

48%

10 / 21 earnings

Positive

+28.6%

Q3 2023

Best reaction

-31.0%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025———
Q1 2026-18.2%-18.2%-23.8%
Q4 2025+15.7%+15.6%-1.3%
Q3 2025+3.0%+8.1%+45.9%
Q1 2025+5.2%-10.3%+1.8%
Q4 2024+7.1%-8.7%-20.5%
Q3 2024-14.2%-12.5%+4.5%
Q2 2024-7.9%-16.4%-2.4%
Q1 2024-2.8%-2.4%-4.5%
Q4 2023-6.2%-6.2%-11.4%
Q3 2023+28.6%+17.0%+25.5%
Q2 2023-12.6%-10.8%-18.9%
Q1 2023+24.9%+36.0%+29.5%
Q4 2022-1.2%+1.5%-2.7%
Q3 2022+25.4%+25.4%+4.2%
Q2 2022-31.0%-33.9%-44.9%
Q1 2022+4.3%+20.6%+31.0%
Q4 2021-14.3%-7.8%-26.0%
Q3 2021-18.2%-11.7%-10.6%
Q2 2021-3.3%+8.8%-2.5%
Q1 2021+0.1%——
Q4 2020+0.1%——
Q3 2020———
Q1 2020———
Q4 2019———
Q3 2019———
Q2 2019———
Q1 2019———
Q4 2018———
Q3 2018———
Q2 2018———
Q1 2018———
Q4 2017———
Q3 2017———
Q2 2017———
Q1 2017———
Q4 2016———
Q3 2016———
Q2 2016———
Q1 2016———
Q4 2015———
Q3 2015———
Q2 2015———
Q1 2015———
Q4 2014———
Q4 2012———
Q3 2012———

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