NYSE$SMRT

Smartrent Inc · Q4 2025 earnings

Q4 2025 earnings · · Before market open · Investor relations

Briefing

SmartRent reported Q4 2025, revenue of $36.5M, net loss of $3.2M.

For Q4 2025, SmartRent reported revenue of $36.5M, a net loss of $3.2M. Management discusses segment performance, capital allocation, and macro risks in the quarterly filing.

  • Revenue $36.5M.
  • Net loss $3.2M.
  • SmartRent MD&A covers liquidity, capital, and operating priorities.

Headline financials

Total Revenue

$36.5M

Previous: $54.4M-32.9%
EPS (adj)

-$0.02

Previous: -$0.06+66.7%
Annual Recurring Revenue

$61.6M

No prior period
Adjusted EBITDA

$214K

No prior period
Hardware Units Shipped

20.0K

No prior period
Hardware ARPU

$625.00

No prior period
New Units Deployed

20.8K

No prior period
Professional Services ARPU

$406.00

No prior period
Units Deployed

890.9K

No prior period
SaaS ARPU

$5.83

No prior period
Units Booked

25.6K

No prior period
Bookings

$34.1M

No prior period
Units Booked SaaS ARPU

$7.64

No prior period
Total Gross Margin

38.6%

No prior period
SaaS % of Total Revenue

42.0%

No prior period
Net Income

-$3.2M

Previous: -$11.4M+72.0%
Operating Income

-$3.98M

Previous: -$13M+69.3%
Gross Profit

$14.1M

Previous: $10.2M+37.9%

Revenue & EPS history

Smartrent · Revenue · Quarterly

$36.5M

Q4 2025-32.9%vs Q4 2024
Beat estimate in 9 of 14 quarters(64%)
ActualEstimate

Revenue by segment

Smartrent · $58.1M total across 3 segments · Q3 2023

  • Hardware
    $35.6M+33.5%
  • Hosted Services
    $16.5M+23.8%
  • Professional Services
    $5.96M-20.3%

Forward guidance

The quarterly filing discusses operating priorities, capital returns, and sector risks; numeric multi-quarter bridges vary by issuer.

Tailwinds

  • MD&A highlights liquidity, capital, and core business trends.
  • Segment or product commentary supports the earnings narrative.

Headwinds

  • Macro, rates, or input costs may pressure near-term margins.
  • One-time items can affect year-over-year comparability.

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 Q4 2025

Historical avgQ4 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
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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