SmartRent, Inc. (SMRT)
SmartRent, Inc. (SMRT)
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Revenue | 38,683 | 36,472 | 115,854 | NaN |
| Hardware Service | 12,576 | NaN | NaN | NaN |
| Professional Services | 5,898 | NaN | NaN | NaN |
| Deferred Hub Amortization | 1,203 | NaN | NaN | NaN |
| Software As AService | 3,885 | NaN | NaN | NaN |
| Cost of revenue | 23,562 | 22,402 | 80,055 | NaN |
| Gross profit | 15,121 | 14,070 | 35,799 | NaN |
| Operating expenses excluding stock compensation and depreciation and amortization | NaN | 15,144 | 60,639 | NaN |
| Stock compensation | NaN | 1,611 | 6,597 | NaN |
| Depreciation and amortization | NaN | 1,290 | 3,635 | NaN |
| Goodwill impairment | NaN | 0 | 0 | 24,929 |
| Total operating expense | 20,215 | 18,045 | 70,871 | NaN |
| Provision for warranty expense | NaN | NaN | 121 | 497 |
| Impairment charge | NaN | NaN | 24,929 | NaN |
| Provision for excess and obsolete inventory | NaN | 313 | 3,258 | 594 |
| Loss from operations | -5,094 | -3,975 | -60,001 | NaN |
| Provision for expected credit losses | NaN | NaN | -469 | 141 |
| Other segment items | -646 | -731 | -2,687 | NaN |
| Net loss | -4,448 | -3,244 | -6,270 | -51,044 |
| Depreciation and amortization | 2,223 | 2,220 | 2,201 | 4,009 |
| (recovery of) provision for warranty expense | -192 | -663 | NaN | NaN |
| Non-cash lease expense | 111 | 400 | 150 | 449 |
| Stock-based compensation | 3,057 | 1,698 | 2,084 | 4,997 |
| Change in fair value of earnout related to acquisition | NaN | 0 | 0 | -294 |
| Non-cash interest expense | 34 | 34 | 32 | 72 |
| (recovery of) provision for excess and obsolete inventory | -241 | NaN | NaN | NaN |
| (recovery of) provision for expected credit losses | -196 | -666 | NaN | NaN |
| Accounts receivable | -10,754 | -5,054 | -6,964 | -897 |
| Inventory | -2,499 | -1,106 | -2,012 | -1,378 |
| Deferred cost of revenue | -1,283 | -1,540 | -1,963 | -5,108 |
| Prepaid expenses and other assets | 559 | -11,185 | 1,796 | 2,821 |
| Accounts payable | -4,452 | 2,240 | -964 | 2,914 |
| Accrued expenses and other liabilities | -4,473 | -10,158 | -3,715 | 2,584 |
| Deferred revenue | -9,644 | -2,822 | -7,600 | -21,311 |
| Lease liabilities | -299 | -290 | -104 | -198 |
| Net cash used in operating activities | -4,543 | 7,657 | -2,133 | -27,099 |
| Purchase of property and equipment | 30 | 1 | 90 | 3,462 |
| Capitalized software costs | 1,058 | 1,683 | 1,001 | 2,388 |
| Net cash used in investing activities | -1,088 | -1,684 | -1,091 | -5,850 |
| Payments for repurchases of class a common stock | NaN | -29 | 0 | 4,918 |
| Proceeds from options exercise | 856 | NaN | NaN | NaN |
| Proceeds from espp purchases | 96 | 0 | 110 | 175 |
| Taxes paid related to net share settlements of stock-based compensation awards | 559 | 477 | 374 | 523 |
| Payment of earnout related to acquisition | NaN | 0 | 1,466 | NaN |
| Net cash provided by (used in) financing activities | 393 | -448 | -1,730 | -5,266 |
| Effect of exchange rate changes on cash and cash equivalents | -491 | -997 | -68 | 777 |
| Net decrease in cash and cash equivalents | -5,729 | 4,528 | -5,022 | -37,438 |
| Cash and cash equivalents - beginning of period | 104,550 | 100,022 | 142,482 | NaN |
| Cash and cash equivalents - end of period | 98,821 | 104,550 | 100,022 | NaN |