SmartRent (SMRT)
Connects hardware, cloud software, and services to automate rental-property operations.
$1.20
vs last close+0.00 (+0.42%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 58 | 60 | 50 | 49 | 41 | 35 | 41 | 38 | 36 | 36 | 39 | 40 |
| Cost of revenue | 45 | 43 | 31 | 31 | 27 | 25 | 28 | 26 | 27 | 22 | 24 | 24 |
| Gross profit | 14 | 17 | 19 | 17 | 13 | 10 | 14 | 13 | 10 | 14 | 15 | 16 |
| 23 | 23 | 30 | 24 | 25 | 23 | 55 | 24 | 17 | 18 | 20 | 23 | |
| Research & development | 8 | 7 | 8 | 7 | 7 | 7 | 8 | 6 | 6 | 5 | 6 | 6 |
| 16 | 15 | 21 | 17 | 19 | 16 | 22 | 18 | 10 | 13 | 14 | 17 | |
| Selling & marketing | 5 | 5 | 5 | 5 | 4 | 5 | 5 | 6 | 4 | 4 | 4 | 5 |
| General & administrative | 11 | 11 | 17 | 12 | 14 | 11 | 17 | 12 | 6 | 9 | 10 | 12 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 0 | 25 | 0 | 0 | 0 | 0 | 0 |
| Operating income | −10 | −6 | −10 | −7 | −12 | −13 | −41 | −12 | −7 | −4 | −5 | −6 |
| 2 | 2 | 3 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | |
| Interest income | 2 | 3 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other non-operating income | 0 | −2 | −3 | −2 | 0 | −2 | −25 | −1 | −1 | 21 | −1 | −1 |
| Income before tax | −8 | −3 | −8 | −5 | −10 | −11 | −40 | −11 | −6 | −3 | −4 | −6 |
| Income tax expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income from continuing operations | −8 | −3 | −8 | −5 | −10 | −11 | −40 | −11 | −6 | −3 | −4 | −6 |
| Net income | −8 | −3 | −8 | −5 | −10 | −11 | −40 | −11 | −6 | −3 | −4 | −6 |
| EPS, basic | −$0.04 | −$0.02 | −$0.04 | −$0.02 | −$0.05 | −$0.06 | −$0.21 | −$0.06 | −$0.03 | −$0.02 | −$0.02 | −$0.03 |
| EPS, diluted | −$0.04 | −$0.02 | −$0.04 | −$0.02 | −$0.05 | −$0.06 | −$0.21 | −$0.06 | −$0.03 | −$0.02 | −$0.02 | −$0.03 |
| Weighted average shares, basic | 202 | 203 | 203 | 202 | 199 | 199 | 192 | 189 | 188 | 189 | 192 | 192 |
| Weighted average shares, diluted | 202 | 203 | 203 | 202 | 199 | 199 | 192 | 189 | 188 | 189 | 192 | 192 |
| EBITDA | −9 | −2 | −6 | −3 | −11 | −10 | −14 | −9 | −2 | −23 | −2 | −6 |
| Depreciation & amortization | 1 | 2 | 2 | 2 | 1 | 2 | 2 | 2 | 4 | 2 | 2 | 0 |
| EBIT | −10 | −3 | −8 | −5 | −12 | −11 | −16 | −11 | −6 | −25 | −4 | −6 |
