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.
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.
SmartRent (NYSE: SMRT) provided preliminary, unaudited results for Q4 2025, reporting revenue of $36.0–$37.0 million and SaaS revenue of $15.2–$15.5 million (>10% YoY). The company expects Adjusted EBITDA of $0 to $0.3M, a net loss of $3.6–$3.3M, and an ending cash balance of approximately $105M.
The company said these results mark the first YoY revenue growth in seven quarters and reflect run-rate cash flow neutrality and operational cost resets completed in 2025, while noting figures are preliminary and subject to change.
SmartRent (NYSE: SMRT) granted inducement equity awards under its 2025 Inducement Equity Incentive Plan to two new executives as permitted by NYSE Rule 303A.08.
The Company awarded 232,558 RSUs each to Pankaj Bansi and Sangeeth Ponathil, vesting 25% annually on each anniversary, subject to continued employment and plan terms.
SmartRent (NYSE: SMRT) announced Sangeeth Ponathil as Chief Information Officer effective November 17, 2025. Ponathil brings 25+ years of enterprise technology leadership and will lead engineering, product, applications, security, data and support teams to scale SmartRent’s IoT and smart operations platform.
Ponathil previously led a technology organization of 250+ professionals at loanDepot and ran technology for over 5,000 Pizza Hut franchise locations while at YUM Brands. The company said he will drive digital transformation, infrastructure modernization, and expanded use of AI-driven insights. Coinciding with the hire, founding CTO Isaiah DeRose-Wilson will depart at the end of the year and assist with the transition.
SmartRent (NYSE: SMRT) announced the launch of a Product Advisory Council composed of senior executives from leading multifamily owners and operators to inform its product roadmap.
The council will preview ideas, exchange insights on emerging technologies, provide direct input on features and roadmap priorities, and offer members early access to beta testing. SmartRent noted an installed base of more than 870,000 rental units and customers that collectively own or control nearly seven million institutionally managed U.S. rental units.