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Smartrent, Inc. (SMRT)
:SMRT
US Market
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SmartRent (SMRT) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Nov 05, 2025
Before Open (Confirmed)
Period Ending
2025 (Q3)
Consensus EPS Forecast
-0.04
Last Year’s EPS
-0.05
Same Quarter Last Year
Based on 2 Analysts Ratings

Earnings Call Summary

Q2 2025
Earnings Call Date:Aug 06, 2025|
% Change Since:
|
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook. While SmartRent demonstrated strong customer retention, growth in SaaS revenue, and successful cost reduction strategies, these positives were offset by a decline in total revenue, negative adjusted EBITDA, and increased net losses. The company's strategic shift away from bulk hardware sales is expected to stabilize revenue in the long term, but current financials reflect transitional challenges.
Company Guidance
During SmartRent's Q2 2025 earnings call, significant guidance was provided indicating a strategic shift and cost reduction efforts to enhance profitability and growth. The company achieved $30 million in annualized cost savings, primarily through staffing reductions and workflow optimizations, and aims for adjusted EBITDA and cash flow neutrality by the end of 2025. With a second quarter net customer revenue retention rate of 108% and SaaS revenue comprising 37% of total revenue, SmartRent is transitioning towards a more predictable recurring revenue model. The company booked over 24,000 new units in Q2, marking the highest quarterly performance in over a year, while maintaining a significant cash balance of $105 million to fund future innovation and growth. SmartRent's CEO, Frank Martell, emphasized the importance of expanding the company's SaaS footprint, leveraging AI, and maintaining strong customer relationships as key elements of the strategic vision for future growth.
Strong Customer Retention
SmartRent reported a net customer revenue retention rate of 108% and a churn rate of less than 0.1%, indicating strong customer loyalty and satisfaction.
SaaS Revenue Growth
SaaS revenue reached $14.2 million, comprising 37% of SmartRent's total revenue, up from 34% in Q1 and 26% from the prior year quarter. SaaS ARPU increased to $5.66, with booked SaaS ARPU at $8.21.
Successful Cost Reduction Initiatives
SmartRent implemented cost reduction initiatives resulting in $30 million in savings, which are expected to benefit financial results over the remaining months of 2025.
High Cash Balance and No Debt
The company maintains a strong cash balance of $105 million with no debt and $75 million in undrawn credit, providing financial flexibility.
Increase in Units Deployed
SmartRent has approximately 850,000 units deployed, an increase of 3% sequentially and 10% year-over-year.

SmartRent (SMRT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

SMRT Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Nov 05, 2025
2025 (Q3)
-0.04 / -
-0.05
Aug 06, 2025
2025 (Q2)
-0.06 / -0.06
-0.02-200.00% (-0.04)
May 07, 2025
2025 (Q1)
-0.04 / -0.21
-0.04-425.00% (-0.17)
Mar 05, 2025
2024 (Q4)
-0.03 / -0.06
-0.02-200.00% (-0.04)
Nov 06, 2024
2024 (Q3)
-0.02 / -0.05
-0.04-25.00% (-0.01)
Aug 07, 2024
2024 (Q2)
-0.01 / -0.02
-0.0560.00% (+0.03)
May 08, 2024
2024 (Q1)
-0.01 / -0.04
-0.0742.86% (+0.03)
Mar 05, 2024
2023 (Q4)
-0.01 / -0.02
-0.1181.82% (+0.09)
Nov 07, 2023
2023 (Q3)
-0.04 / -0.04
-0.1369.23% (+0.09)
Aug 08, 2023
2023 (Q2)
-0.05 / -0.05
-0.1361.54% (+0.08)
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
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%
Nov 06, 2024
$1.76$1.63-7.39%
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 Nov 05, 2025, Before Open (Confirmed).
    What is Smartrent, Inc. (SMRT) earnings time?
    Smartrent, Inc. (SMRT) earnings time is at Nov 05, 2025, 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 (Q3) is -0.04.
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