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Smartrent, Inc. (SMRT)
:SMRT
Earnings Data
Report Date
Mar 11, 2026Before Open (Confirmed)
Period Ending
2025 (Q4)Consensus EPS Forecast
-0.02Last Year’s EPS
-0.06Same Quarter Last Year
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The earnings call highlighted SmartRent's strategic focus on expanding its SaaS revenue and optimizing its cost structure, resulting in improved profitability metrics. However, challenges remain with a decline in total and hardware revenue due to strategic shifts. The company maintains a strong liquidity position, which supports future investments and growth initiatives.Company Guidance
Expansion of Installed Base
SmartRent expanded its installed base to over 870,000 units, an 11% increase from the prior year, indicating strong market demand and execution.
SaaS Revenue Growth
SaaS revenue grew 7% year-over-year and now represents 39% of total revenue, up from 37% in Q2 2025.
Cost Structure Optimization
Completed actions necessary to reset the cost structure, unlocking more than $30 million of annualized expense reductions, leading to an adjusted EBITDA loss reduction from $7.4 million in Q2 to $2.9 million in Q3.
Professional Services Revenue Increase
Professional Services revenue increased by 113% year-over-year to $7 million, reflecting higher installation volume and improved project efficiency.
Strong Liquidity Position
Exited Q3 with $100 million in unrestricted cash and $75 million in undrawn credit, providing a strong balance sheet and financial flexibility.
SMRT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SMRT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Nov 05, 2025 | $1.35 | $1.40 | +3.70% |
Aug 06, 2025 | $0.98 | $1.14 | +16.33% |
May 07, 2025 | $0.90 | $0.93 | +3.33% |
Mar 05, 2025 | $1.27 | $1.36 | +7.09% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Smartrent, Inc. (SMRT) report earnings?
Smartrent, Inc. (SMRT) is schdueled to report earning on Mar 11, 2026, Before Open (Confirmed).
What is Smartrent, Inc. (SMRT) earnings time?
Smartrent, Inc. (SMRT) earnings time is at Mar 11, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SMRT EPS forecast?
SMRT EPS forecast for the fiscal quarter 2025 (Q4) is -0.02.