SmartRent, Inc.
SmartRent provides an integrated real estate technology platform for property owners, managers and residents, primarily in multifamily housing, as well as single-family rentals, homebuilders and iBuyers. Its cloud-based software connects with smart building hardware and third-party devices to manage properties through a shared interface. Smart Communities solutions include smart apartments, access control, self-guided tours and package management. Smart Operations products cover work orders, call handling, audits and inspections. SmartRent also provides installation, implementation, training and support services. Its headquarters are in Phoenix, Arizona. SmartRent makes money primarily by selling smart home systems. It earns subscription fees for hosted services such as access control, asset monitoring and WiFi; sells devices including hubs, locks, thermostats, sensors and light switches; and charges for installation and implementation. Its software includes SmartRent Manager for owners and operators and a Resident App for residents.
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No SEC Form 4 filings for $SMRT in the last 30 days.
See all $SMRT insider activity →SmartRent reported Q3 gross margin expansion to 41% and gross profit growth of 79% to $17M. Operating expenses rose 15% YoY. Net loss narrowed to $3.9M, and adjusted EBITDA improved to $1.1M. The company ended Q3 with $89M in cash, no debt, and repurchased 2.5M shares. Bookings grew 44% YoY to 123,000 units. SmartRent expects Q4 revenue growth of 15-20% and adjusted EBITDA increase of 450-650% YoY.
SmartRent reported Q3 2026 revenue of $41.57M, beating estimates by 3.8% and growing 14.8% YoY. EPS matched estimates at -$0.02, while adjusted EBITDA was $1.06M. Operating margin improved to -11.6% from -19.4% YoY, and free cash flow turned positive at $484K. Annual recurring revenue grew 10.5% YoY to $62.9M.
B.Riley initiated coverage on SmartRent Inc. (NYSE: SMRT) with a Buy rating and $1.75 price target, implying 52% upside. The company reported 14% core revenue growth in Q2 2026, positive EBITDA for three quarters, and trades at 0.8x 2027 EV/sales. SmartRent has $40M revenue, $6M net loss, and $65M annual recurring revenue. Analysts see it as undervalued but not profitable this year.
Over the past 7 days, AlphAI's AI scored 12 news stories mentioning SMRT (SmartRent, Inc.). Coverage has skewed bullish: 10 bullish, 2 neutral, and 0 bearish.
Recent SMRT coverage spans earnings, insider activity and financial news.
Positive earnings surprise and strong guidance suggest upside potential.
Earnings beat on revenue and margin improvement may lift the stock modestly.
Analyst initiation and upbeat earnings suggest upside potential.
Small insider purchase signals confidence but size is modest; limited price impact.
The call provides a detailed earnings and operating-metrics update plus specific strategic initiatives (Databricks collaboration, AI-forward BPO) and a unit-installation inflection target.
AlphAI scores every news story that mentions SMRT with an AI model for sentiment and relevance, and aggregates insider trades from SmartRent, Inc.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
SmartRent reported Q3 gross margin expansion to 41% and gross profit growth of 79% to $17M. Operating expenses rose 15% YoY. Net loss narrowed to $3.9M, and adjusted EBITDA improved to $1.1M. The company ended Q3 with $89M in cash, no debt, and repurchased 2.5M shares. Bookings grew 44% YoY to 123,000 units. SmartRent expects Q4 revenue growth of 15-20% and adjusted EBITDA increase of 450-650% YoY.
SmartRent reported Q3 2026 revenue of $41.57M, beating estimates by 3.8% and growing 14.8% YoY. EPS matched estimates at -$0.02, while adjusted EBITDA was $1.06M. Operating margin improved to -11.6% from -19.4% YoY, and free cash flow turned positive at $484K. Annual recurring revenue grew 10.5% YoY to $62.9M.
B.Riley initiated coverage on SmartRent Inc. (NYSE: SMRT) with a Buy rating and $1.75 price target, implying 52% upside. The company reported 14% core revenue growth in Q2 2026, positive EBITDA for three quarters, and trades at 0.8x 2027 EV/sales. SmartRent has $40M revenue, $6M net loss, and $65M annual recurring revenue. Analysts see it as undervalued but not profitable this year.
Bohjalian Thomas N purchased 55,000 shares of SmartRent, Inc. (SMRT) at an average of $1.39 ($1.36–$1.40) across 2 trades over 2026-08-19 to 2026-08-20.
SmartRent (SMRT) reported Q2 2026 revenue of $39.8 million, up 4%, with core revenue $38.4 million up 14%. SaaS revenue rose to $16.1 million (+13%) and ARR to $64.5 million (+13%). Units booked were 112,560 TTM (+40%). Gross margin was 40.7% and adjusted EBITDA $0.7 million. Net loss improved to $5.6 million. Management cited Vision 2028 progress and a Databricks collaboration.
Bohjalian Thomas N purchased 5,000 shares of SmartRent, Inc. (SMRT) at $1.34 on 2026-08-11.
SmartRent (SMRT) reported Q2 2026 results in an earnings call transcript. Core revenue rose 14% to $38M, total revenue was $40M (+4%). SaaS revenue grew 13% to $16M and represented over 40% of revenue. ARR increased to about $65M from $57M. Gross margin rose to 41% (+760 bps). The company repurchased 1.5% of shares and expanded authorization to $25M.
Investing.com roundup of U.S. insider trades. Ameresco director Brian Cox bought 39,700 shares for about $995k. HF Sinclair CEO Franklin Myers bought 15,000 shares for about $1.28m. Citizens CEO Jon Stenberg bought 50,000 shares for about $200k. Airbnb executives Nathan Blecharczyk sold about $92.6m and Brian Chesky sold about $35.0m under Rule 10b5-1 plans.
SmartRent (SMRT) reported Q2 results with management citing Vision 2028 execution, including 14% core revenue growth and gross margin expansion. The company said core revenues were driven by IoT and access solutions, with SaaS now over 40% of revenue. Analyst questions covered bookings drivers, data/analytics partnerships, renewal pricing, macro effects, and hardware refresh cycles. Shares were $1.48 after earnings.
Martell Frank (Chief Executive Officer) purchased 100,000 indirectly-held shares of SmartRent, Inc. (SMRT) at $1.42 ($0.14M total) on 2026-08-11.
