NYSE$SMRT
Smartrent Inc · Q2 2025 earnings
Q2 2025 earnings · · Before market open · Investor relations
Briefing
Smartrent Inc reported Q2 2025 results with revenue of $38.3 million and a net loss of $10.9 million.
SmartRent reported total revenue of $38.3 million for the three months ended June 30, 2025, down 21% year-over-year primarily due to lower hardware shipments and deployments amid customer capital expenditure deferrals. The company recorded a net loss of $10.9 million and an operating loss of $11.7 million, with hosted services revenue growing 5% to $18.8 million supported by a 10% increase in units deployed. Cash and cash equivalents stood at $105.0 million at quarter end.
- Total revenue declined 21% to $38.3 million driven by 46% fewer hardware units shipped.
- Hosted services revenue rose 5% to $18.8 million with units deployed reaching 847,956.
- Net loss widened to $10.9 million from $4.6 million in the prior-year quarter.
- Goodwill impairment of $24.9 million recorded in the first half of 2025.
Headline financials
Revenue & EPS history
Smartrent · Revenue · Quarterly
$38.3M
Revenue by segment
Smartrent · $38.3M total across 3 segments · Q2 2025
- Hosted services$18.8M—49.2%
- Hardware$15.1M—39.5%
- Professional services$4.33M—11.3%
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports
-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
| Quarter | Report date | Reaction (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% | — | — | |
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| Q4 2012 | — | — | — | |
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