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SmartRent ( (SMRT) ) has provided an update.
On March 4, 2026, SmartRent reported financial results for the fourth quarter and full year ended December 31, 2025, highlighting a return to year-over-year quarterly revenue growth and its first positive adjusted EBITDA in seven quarters. Fourth-quarter revenue rose 3% to $36.5 million, ARR climbed 13% to $61.6 million, net loss narrowed to $3.2 million, and cash increased by $4.5 million, supporting a liquidity position that includes $104.6 million of cash and an undrawn $75 million credit facility.
For 2025 overall, revenue fell 13% to $152.3 million, largely due to the company’s strategic move away from bulk hardware deals that misaligned with customer rollout schedules, contributing to a wider net loss of $60.6 million after a goodwill impairment. Management emphasized stronger SaaS momentum, higher-margin recurring revenue and expanding gross margins, citing a 10% increase in deployed units to roughly 891,000 and improved operating discipline as key to strengthening SmartRent’s competitive position and setting the stage for a focus on profitable growth in 2026.
The most recent analyst rating on (SMRT) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on SmartRent stock, see the SMRT Stock Forecast page.
Spark’s Take on SMRT Stock
According to Spark, TipRanks’ AI Analyst, SMRT is a Neutral.
The score is held back primarily by weak financial performance (continued losses and negative cash flow) and limited valuation support (negative P/E, no dividend). These are partially offset by improved execution and liquidity highlighted on the earnings call (cost reductions, better EBITDA/cash burn, growing SaaS mix), while technical indicators point to near-term weakness/oversold conditions rather than strong momentum.
To see Spark’s full report on SMRT stock, click here.
More about SmartRent
SmartRent, Inc., listed on the NYSE under the ticker SMRT, is a provider of smart community and operations technology solutions tailored to the rental housing industry. The company focuses on software-as-a-service platforms, connected hardware and professional services that enable property owners and operators to automate, monitor and optimize their multifamily and rental portfolios.
Average Trading Volume: 1,277,973
Technical Sentiment Signal: Hold
Current Market Cap: $291.4M
For detailed information about SMRT stock, go to TipRanks’ Stock Analysis page.