Welcome to our dedicated page for Smartrent news (Ticker: SMRT), a resource for investors and traders seeking the latest updates and insights on Smartrent stock.
SmartRent, Inc. provides smart communities and smart operations solutions for the rental housing industry through a platform that combines SaaS, IoT-enabled hardware, maintenance tools and leasing solutions. Company news commonly covers quarterly results, annual recurring revenue, units deployed, SaaS ARPU, hardware revenue comparisons, gross margin, Adjusted EBITDA, cash flow and liquidity.
Updates also address go-to-market expansion, including value-added reseller relationships for small and mid-market multifamily owners and operators, as well as technology leadership, product development, equity incentive grants and governance-related corporate actions.
Hexaware and SmartRent (NYSE:SMRT) announced a strategic partnership to build AI-native customer operations and revenue processes for SmartRent.
Hexaware will run AI-led customer support from Hyderabad, implement an intelligent bill-to-cash RevOps platform, and deploy Salesforce Revenue Cloud Advanced to streamline lead-to-order and improve revenue governance.
SmartRent (NYSE: SMRT) announced a multi-year strategic partnership with Hexaware Technologies to support its Vision 2028 framework. The AI-native collaboration focuses on enhancing customer experience, simplifying lead-to-order processes and optimizing working capital.
The program targets higher operating leverage, profitability and operational efficiencies, with benefits expected to begin before the end of 2026.
SmartRent (NYSE: SMRT) launched Virtual Intercom, a browser-based, hardware-free entry management system using secure QR codes for visitor access.
The solution replaces physical intercom panels and wiring, supports multi-building and parking areas, and, according to SmartRent, can reduce typical hardware and installation expenditures by up to 85%.
SmartRent (NYSE: SMRT) launched Climate Protection Mode, an automated smart thermostat function built into Alloy SmartHome Hub+ and Alloy Fusion devices. The feature activates at extreme temperatures or humidity to help prevent property damage, support insurance risk management, and protect NOI for multifamily owners.
SmartRent (NYSE: SMRT) promoted Pankaj Bansi to Chief Operating Officer, expanding his remit from Chief Transformation Officer to overseeing operations, field services, supply chain and analytics. He will continue leading the company’s AI-focused transformation, supporting its Vision 2028 strategy targeting higher profitability, cash flow and scalable growth.
According to SmartRent, Bansi previously drove workflow and organizational redesign, improved customer satisfaction and contributed to a 630-basis-point year-over-year gross margin expansion. The company plans to further unify and automate processes and prepare for a milestone of one million installed IoT units.
SmartRent (NYSE: SMRT) reported Q1 2026 results: total revenue $38.7M (down 6% YoY), ARR $60.9M (up 9% YoY) and Units Deployed 911,244 (up 10% YoY). The company delivered positive Adjusted EBITDA $0.4M for a second consecutive quarter and ended with $99M cash and an undrawn $75M credit facility.
Core Revenue was roughly flat at $36.6M; hardware and bookings declined versus a strong prior-year quarter while SaaS revenue and gross margins expanded.
SmartRent (NYSE: SMRT) launched a strategic value-added reseller (VAR) program to expand its go-to-market into small and mid-market multifamily owners and operators, naming SKBM Smart Technology as the inaugural VAR on April 27, 2026.
SmartRent reports >900,000 IoT units deployed, 1.2 million units supported through maintenance and leasing solutions, and an addressable U.S. rental housing market of >40 million units. The program supports Vision 2028 and the company’s goal of a “March to One Million IoT units.”
SmartRent (NYSE: SMRT) will report first quarter 2026 financial results on Wednesday, May 6, 2026. Results will be released before market open, followed by a conference call and webcast at 11:30 a.m. ET with CEO Frank Martell and CFO Daryl Stemm.
Investors can access the live and archived webcast in the Events and Presentations section of the company investor relations website.
SmartRent (NYSE: SMRT) reported Q4 2025 revenue of $36.5M (+3% YoY) and full-year revenue of $152.3M (-13% YoY). ARR grew 13% YoY to $61.6M, representing 42% of revenue. Q4 Adjusted EBITDA was $0.2M and year-end cash was $104.6–105M with a $75M undrawn credit facility. Units Deployed reached 890,870 (+10% YoY). Full-year net loss was $60.6M, including a $24.9M goodwill impairment.
The company highlighted SaaS growth, margin improvement, reduced operating expenses, share repurchases and continued shift away from bulk hardware sales.
SmartRent (NYSE: SMRT) will release its fourth quarter and full-year 2025 financial results before the market opens on March 4, 2026. A conference call and live webcast will follow at 11:30 a.m. ET, hosted by President and CEO Frank Martell and CFO Daryl Stemm.
Investors can register for dial-in details and access the live and archived webcast via the Events and Presentations section of SmartRent's investor website at https://investors.smartrent.com.