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SmartRent, Inc.
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NYSE: SMRT Technology IT 🔎 Screen
$219M
Market Cap
—
P/E
—
PEG
-46.6%
ROCE
-8.4%
ROE
0.00
D/E
-14.9%
OPM
-43.9%
% from 52W High
67
α RS
🌏 Global Investor Returns
Currency-adjusted total returns for SMRT including FX impact
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📈 Price History
Ratio Health
— Excellent
— Good
— Average
— Poor
By Category
📊 Peer Medians
About

SmartRent, Inc., an enterprise real estate technology company, provides management software and applications to rental property owners and operators, property managers, homebuilders, developers, and residents in the United States and internationally.

Key Ratios Snapshot
📈 Growth Pattern
📊 Quick Scorecard
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⭐ Superinvestors Holding SMRT
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Manager Shares Value % of Fund Period
Jim Simons Renaissance Technologies LLC 1.14M $1.7M 0.00% Mar 2026
Steve Cohen Point72 Asset Management 383.2K $575K 0.00% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-08-05
Q2 2026 saw double-digit core revenue and SaaS growth, margin expansion, and improved profitability, driven by a larger IoT footprint and strategic partnerships. The company expects stronger results in the second half of 2026 and is on track to surpass 1 million installed units.
Q1 2026 Q1 2026 2026-05-06
IoT footprint and ARR revenue grew year-over-year, while gross margin expanded to 39% and net loss narrowed sharply. SaaS revenue rose, hardware declined, and professional services surged. Positive adjusted EBITDA and strong cash position support a positive full-year outlook.
Q4 2025 Q4 2025 2026-03-04
2025 saw a return to revenue growth, improved margins, and a significant reduction in net loss, with SaaS and recurring revenues driving performance. The company targets 1 million installed units in 2026 and expects to be Adjusted EBITDA and free cash flow positive for the year.
Q3 2025 Q3 2025 2025-11-05
Q3 2025 saw narrowed losses, strong SaaS growth, and a shift to higher-quality recurring revenue. Cost reductions and disciplined execution improved cash flow, with $100 million in cash and no debt. The installed base grew 11% year-over-year, and profitability is expected by end of 2025.
Q2 2025 Q2 2025 2025-08-06
Q2 2025 revenue declined 21% year-over-year to $38.3M due to a shift away from bulk hardware sales, but SaaS revenue and bookings grew, with SaaS now 37% of total revenue and gross margin at 70%. Cost reductions and a focus on recurring revenue are expected to drive profitability by late 2025.
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📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This analysis does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a licensed financial advisor or an SEC-registered investment adviser before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

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Conflict of Interest Disclosure:
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Information Sources:
The analysis is based on publicly available information including SEC filings (10-K, 10-Q), annual reports, management commentary, and publicly available financial data. Information is believed to be accurate as of the date of publication but may be subject to change without notice. Readers are encouraged to independently verify all information before acting upon it.

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