📊 SMRT Key Takeaways
Is SmartRent, Inc. (SMRT) a Good Investment?
SmartRent is deeply unprofitable with -$64M operating losses (-42% margin) and zero revenue growth, indicating fundamental business model challenges despite a strong balance sheet. Negative free cash flow of -$25.1M annually threatens sustainability, with profitability or significant operational turnaround required before considering recovery.
Why Buy SmartRent, Inc. Stock? SMRT Key Strengths
- Strong balance sheet with $232.1M stockholders' equity and minimal long-term debt
- Substantial cash reserves of $104.5M provide 4+ years of runway at current burn rate
- Excellent short-term liquidity position with 3.13x current ratio and 2.69x quick ratio
SMRT Stock Risks: SmartRent, Inc. Investment Risks
- Severe operating losses of $64.0M with -42% operating margin indicate structural unprofitability
- Negative free cash flow of -$25.1M annually with accelerating cash burn threatening viability despite reserves
- Complete revenue stagnation at 0% YoY growth suggests lack of market traction or product-market fit
- Negative ROE (-26.1%) and ROA (-18.9%) demonstrate ongoing shareholder value destruction
- EPS deteriorated 88.2% YoY indicating worsening profitability or significant dilution
Key Metrics to Watch
- Operating cash flow trajectory - critical inflection point from current -$21.6M
- Revenue growth acceleration - must achieve positive growth to validate business model
- Operating margin improvement - path to breakeven operations from current -42%
- Cash runway depletion rate - sustainability threshold relative to burn velocity
- Working capital efficiency changes - impact on cash conversion cycle
SmartRent, Inc. (SMRT) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Strong liquidity with a 3.13x current ratio provides a solid financial cushion.
SMRT Profit Margin, ROE & Profitability Analysis
SMRT vs Technology Sector: How SmartRent, Inc. Compares
How SmartRent, Inc. compares to Technology sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is SmartRent, Inc. Stock Overvalued? SMRT Valuation Analysis 2026
Based on fundamental analysis, SmartRent, Inc. has mixed fundamental signals relative to the Technology sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
SmartRent, Inc. Balance Sheet: SMRT Debt, Cash & Liquidity
SMRT Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: SmartRent, Inc.'s revenue has grown significantly by 114% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.17 indicates the company is currently unprofitable.
SMRT Revenue Growth, EPS Growth & YoY Performance
SMRT Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $36.2M | -$4.6M | $-0.03 |
| Q2 2025 | $38.3M | -$4.6M | $-0.02 |
| Q1 2025 | $41.3M | -$7.7M | $-0.04 |
| Q3 2024 | $40.5M | -$4.6M | $-0.04 |
| Q2 2024 | $48.5M | -$4.6M | $-0.02 |
| Q1 2024 | $50.5M | -$7.7M | $-0.04 |
| Q3 2023 | $47.5M | -$7.7M | $-0.04 |
| Q2 2023 | $42.4M | -$10.3M | $-0.05 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
SmartRent, Inc. Dividends, Buybacks & Capital Allocation
SMRT SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for SmartRent, Inc. (CIK: 0001837014)
📋 Recent SEC Filings
❓ Frequently Asked Questions about SMRT
What is the AI rating for SMRT?
SmartRent, Inc. (SMRT) has an AI rating of SELL with 82% confidence, based on fundamental analysis of SEC EDGAR filings.
What are SMRT's key strengths?
Claude: Strong balance sheet with $232.1M stockholders' equity and minimal long-term debt. Substantial cash reserves of $104.5M provide 4+ years of runway at current burn rate.
What are the risks of investing in SMRT?
Claude: Severe operating losses of $64.0M with -42% operating margin indicate structural unprofitability. Negative free cash flow of -$25.1M annually with accelerating cash burn threatening viability despite reserves.
What is SMRT's revenue and growth?
SmartRent, Inc. reported revenue of $152.3M.
Does SMRT pay dividends?
SmartRent, Inc. does not currently pay dividends.
Where can I find SMRT SEC filings?
Official SEC filings for SmartRent, Inc. (CIK: 0001837014) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is SMRT's EPS?
SmartRent, Inc. has a diluted EPS of $-0.32.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is SMRT a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, SmartRent, Inc. has a SELL rating with 82% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is SMRT stock overvalued or undervalued?
Valuation metrics for SMRT: ROE of -26.1% (sector avg: 22%), net margin of -39.8% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.
Should I buy SMRT stock in 2026?
Our dual AI analysis gives SmartRent, Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is SMRT's free cash flow?
SmartRent, Inc.'s operating cash flow is $-21.6M, with capital expenditures of $3.6M. FCF margin is -16.5%.
How does SMRT compare to other Technology stocks?
Vs Technology sector averages: Net margin -39.8% (avg: 18%), ROE -26.1% (avg: 22%), current ratio 3.13 (avg: 2.5).