6 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $152M | -$61M | 32.7% | -42.0% | -$25M | — | $105M |
| 2024 | $175M | -$34M | 34.5% | -23.9% | -$35M | — | $142M |
| 2023 | $237M | -$35M | 20.9% | -18.2% | $6M | — | $215M |
| 2022 | $168M | -$96M | 0.8% | -62.1% | -$79M | — | $210M |
| 2021 | $111M | -$72M | -9.1% | -64.8% | -$72M | — | $431M |
| 2020 | $53M | -$37M | -8.2% | -68.0% | -$29M | — | $39M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $39M | -$4M | 39.1% | -13.2% | -$5M | — | $99M |
| Dec '25 | $36M | -$3M | 38.6% | -10.9% | $8M | — | $105M |
| Sep '25 | $36M | -$6M | 26.4% | -19.4% | -$2M | — | $100M |
| Jun '25 | $38M | -$11M | 33.1% | -30.5% | -$16M | — | $105M |
| Mar '25 | $41M | -$40M | 32.8% | -99.9% | -$14M | — | $126M |
| Dec '24 | $35M | -$11M | 28.7% | -36.6% | -$13M | — | $142M |
| Sep '24 | $41M | -$10M | 33.2% | -29.0% | -$4M | — | $163M |
| Jun '24 | $49M | -$5M | 35.7% | -14.3% | -$14M | — | $187M |
| Mar '24 | $50M | -$8M | 38.5% | -20.1% | -$3M | — | $205M |
| Dec '23 | $60M | -$3M | 28.2% | -9.7% | $7M | — | $215M |
| Sep '23 | $58M | -$8M | 23.3% | -17.1% | $14M | — | $211M |
| Jun '23 | $53M | -$10M | 18.5% | -22.6% | -$5M | — | $197M |
| Mar '23 | $65M | -$13M | 14.0% | -23.5% | -$10M | — | $204M |
| Dec '22 | $41M | -$21M | 9.7% | -54.9% | $1M | — | $210M |
| Sep '22 | $48M | -$26M | 2.5% | -56.1% | -$45M | — | $210M |
| Jun '22 | $42M | -$26M | 2.3% | -63.7% | -$6M | — | $255M |
| Mar '22 | $37M | -$23M | -12.7% | -75.8% | -$29M | — | $278M |
| Dec '21 | $35M | -$26M | -9.1% | -74.7% | -$29M | — | $431M |
| Sep '21 | $35M | -$27M | -19.3% | -75.5% | -$24M | — | $473M |
| Jun '21 | $22M | -$10M | 1.3% | -46.1% | -$11M | — | $54M |
How the market has priced SMRT against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, SmartRent, Inc.'s revenue has grown 23.7% per year. These are computed facts, not advice.
As of FY2025, SmartRent, Inc. reported — of total debt against $105M of cash.
In FY2025, gross margin was 32.7%, operating margin -42.0%, and net margin -39.8%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.