NYSE$SMRT

Smartrent Inc · Q3 2025 earnings

Q3 2025 earnings · · Before market open · Investor relations

Briefing

SmartRent reported Q3 2025 revenue of $36.2M, a net loss of $6.3M.

For Q3 2025, SmartRent reported Revenue was $36.2M, net loss was $6.3M. The filing discusses operating performance, liquidity, and outlook in MD&A.

  • Revenue $36.2M for Q3 2025.
  • Net loss $6.3M.
  • MD&A covers liquidity, capital allocation, and sector-specific risks.

Headline financials

Total Revenue

$36.2M

Previous: $40.5M-10.6%
EPS (adj)

-$0.03

Previous: -$0.05+40.0%
ARR

$56.9M

Previous: $53.2M+7.0%
Adjusted EBITDA

-$2.93M

Previous: -$3.82M+23.5%
Units Shipped

20.0K

Previous: 44.8K-55.2%
Hardware ARPU

$574.00

Previous: $418.00+37.3%
New Units Deployed

22.6K

Previous: 15.2K+49.3%
Professional Services ARPU

$449.00

Previous: $443.00+1.4%
Units Deployed

870.2K

Previous: 787.0K+10.6%
SaaS ARPU

$5.52

Previous: $5.70-3.2%
Units Booked

22.1K

Previous: 17.0K+29.5%
Bookings

$24M

Previous: $19.6M+22.3%
Units Booked SaaS ARPU

$7.96

Previous: $9.73-18.2%
Total Gross Margin

26.4%

Previous: 33.2%-20.5%
SaaS % of Total Revenue

39.0%

Previous: 33.0%+18.2%
Capital Expenditures

-$3.55M

Previous: -$524K-577.9%
Net Income

-$6.27M

Previous: -$9.92M+36.8%
Operating Income

-$7.03M

Previous: -$11.7M+40.1%
Gross Profit

$9.57M

Previous: $13.5M-28.9%

Revenue & EPS history

Smartrent · Revenue · Quarterly

$36.2M

Q3 2025-10.6%vs Q3 2024
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

Outlook focuses on cash runway, pipeline milestones, and cost discipline toward profitability.

Tailwinds

  • Cash and equivalents support operations into upcoming milestones.
  • Collaboration, licensing, or product pipeline progress noted in MD&A.

Headwinds

  • Ongoing operating losses and R&D spend pressure near-term earnings.
  • Financing, dilution, or partnership timing may affect liquidity.

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 Q3 2025

Historical avgQ3 2025

-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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