STOCK TITAN

SmartRent, Inc. 10-Q Filings

SMRT NYSE

Every 10-Q that SmartRent, Inc. (SMRT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow SMRT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SMRT filings page.

Rhea-AI Summary

SmartRent, Inc., a SaaS-enabled smart-building technology company, generated Q2 2026 revenue of $39,844 (in thousands), compared with $38,308 (in thousands) a year earlier. Hardware sales declined while professional services grew strongly and hosted services eased, but total cost of revenue fell to $23,624 (in thousands), supporting better gross profitability.

Operating expenses decreased to $22,681 (in thousands) from $24,353 (in thousands), mainly from lower research and development and sales and marketing spend, with general and administrative costs roughly flat. Loss from operations narrowed to $6,461 (in thousands), and net loss improved to $5,641 (in thousands), or $0.03 per share, versus $0.06 in Q2 2025. For the first half of 2026, net loss was $10,089 (in thousands) versus $51,044 (in thousands) a year earlier, which had included a $24,929 (in thousands) goodwill impairment.

SmartRent ended June 30, 2026 with $92,662 (in thousands) of cash and cash equivalents, no borrowings on its $75,000 Senior Revolving Facility, and first-half operating cash outflow improved to $6,230 (in thousands). Deferred revenue declined to $39,669 (in thousands) as earlier billings were recognized. The company continued its $50,000 stock repurchase program, buying 2,800 Class A shares for $3,400 (in thousands), and states that current resources are expected to cover obligations for at least one year while additional capital could be sought longer term.

Rhea-AI Summary

SmartRent, Inc. reported a smaller loss for the three months ended March 31, 2026 as operating costs declined and prior-year impairment charges did not recur. Revenue was $38.7 million, down modestly from $41.3 million a year earlier, with lower hardware and hosted services sales partly offset by higher professional services.

Cost of revenue fell to $23.6 million, and operating expenses dropped to $20.2 million from $29.9 million, helped by reduced research and development, general and administrative spending, and lower legal costs. The company booked no goodwill impairment in 2026 versus a $24.9 million charge in 2025.

Net loss improved sharply to $4.4 million, or $0.02 per share, compared with a net loss of $40.2 million or $0.21 per share. SmartRent ended the quarter with $98.8 million of cash and cash equivalents and no borrowings under its $75 million revolving credit facility, while deferred revenue totaled $46.3 million, providing a base of future subscription and services revenue.

Rhea-AI Summary

SmartRent, Inc. (SMRT) reported its quarterly results for the period ended September 30, 2025. Total revenue was $36.2 million, down from $40.5 million a year ago. The mix included $17.7 million from hosted services, $11.5 million from hardware, and $7.0 million from professional services.

The company posted a net loss of $6.3 million for the quarter and a loss from operations of $7.0 million. Year-to-date, revenue was $115.9 million versus $139.5 million in 2024, and the net loss reached $57.3 million, reflecting a previously recorded $24.9 million goodwill impairment in Q1 2025.

Cash and cash equivalents were $100.0 million as of September 30, 2025, compared with $142.5 million at year-end 2024. Net cash used in operating activities was $29.2 million for the nine months. Current deferred revenue was $36.2 million and non-current deferred revenue was $22.6 million. As of November 3, 2025, there were 189,200,722 Class A shares outstanding.