SMRT - Earnings announcements

Annual Recurring Revenue ("ARR") increased 9% as Units Deployed Grew 10% Year Over Year; Company Delivers Second Straight Quarter of Positive Adjusted EBITDA and Significantly Reduced Net Loss SmartRent, Inc. (NYSE:SMRT) ("SmartRent" or the "Company"), a leading provider of smart communities and operations solutions for the rental housing industry, today reported financial results for the three months ended March 31, 2026. First Quarter 2026 Highlights; Total Revenue of $38.7 million was down 6% from the prior year, primarily attributable to a large hardware order which has no counterpart in the first quarter of 2026. Core Revenue of $36.6 million was essentially flat year over year,

SmartRent, Inc. (NYSE:SMRT) ("SmartRent" or the "Company"), the leading provider of smart communities solutions and smart operations solutions for the rental housing industry, today announced it will release first quarter 2026 results and host a conference call on Wednesday, May 6, 2026. First Quarter 2026 financial results will be released before the market opens, and at 11:30 a.m. ET, Frank Martell, the Company's President and Chief Executive Officer, and Daryl Stemm, Chief Financial Officer, will host a conference call and webcast to discuss the Company's performance. The press release and supporting materials will be available in the Events and Presentations section of the Company's Inv

Company Delivers Fourth Quarter 2025 Year-Over-Year Revenue Growth, Positive Adjusted EBITDA, and Maintains Strong Liquidity SmartRent, Inc. (NYSE:SMRT) ("SmartRent" or the "Company"), a leading provider of smart communities and operations solutions for the rental housing industry, today reported financial results for the three and twelve months ended December 31, 2025. Fourth Quarter 2025 Highlights; Total Revenue of $36.5 million, up 3% from prior year. Annual Recurring Revenue ("ARR") increased by 13% year over year to $61.6 million, now representing 42% of total revenue. Net loss aggregated $3.2 million compared with $11.4 million in the same quarter prior year. Improvement

SmartRent, Inc. (NYSE:SMRT) ("SmartRent" or the "Company"), a leading provider of smart communities solutions and smart operations solutions for the rental housing industry, today announced it will release fourth quarter and full-year 2025 results and host a conference call on Wednesday, March 4, 2026. Fourth quarter and full-year 2025 financial results will be released before the market opens, and at 11:30 a.m. ET, Frank Martell, the Company's President and Chief Executive Officer, and Daryl Stemm, Chief Financial Officer, will host a conference call and webcast to discuss the Company's performance. The press release and supporting materials will be available in the Events and Presentation

Company Completes $30 Million Cost Reduction Program On Track to Achieve Run Rate Cash Flow Neutrality Exiting 2025 SmartRent, Inc. (NYSE:SMRT) ("SmartRent" or the "Company"), a leading provider of smart communities solutions and smart operations solutions for the rental housing industry, today reported financial results for the three months ended September 30, 2025. Third Quarter 2025 Highlights: Revenue of $36.2 million, 11% lower than the prior year, primarily due to bulk hardware sales during the prior year period that have no current year counterpart. Annual Recurring Revenue increased 7% to $56.9 million, now representing 39% of total revenue. Net loss improved by $3.6 million

SmartRent, Inc. (NYSE:SMRT) ("SmartRent" or the "Company"), the leading provider of smart communities solutions and smart operations solutions for the rental housing industry, today announced it will release third quarter of financial year 2025 results and host a conference call on Wednesday, November 5, 2025. Third quarter 2025 financial results will be released before the market opens, and at 11:30 a.m. ET, Frank Martell, the Company's President and Chief Executive Officer, and Daryl Stemm, Chief Financial Officer, will host a conference call and webcast to discuss the Company's performance. The press release and supporting materials will be available in the Events and Presentations secti

Company Expands Cost Reduction Program to $30 Million Targeting Cash Flow Neutrality exiting 2025 SmartRent, Inc. (NYSE:SMRT) ("SmartRent" or the "Company"), a leading provider of smart communities solutions and smart operations solutions for the rental housing industry, today reported financial results for the three months ended June 30, 2025. Second Quarter 2025 Highlights: Revenues totaled $38.3 million, 21% lower than the prior year, primarily due to lower hardware revenues. Annual Recurring Revenue increased 11% to $56.9 million. Net loss increased $6.3 million to $(10.9) million, and Adjusted EBITDA aggregated $(7.3) million, compared with $0.9 million from the prior year, p

SmartRent, Inc. (NYSE:SMRT) ("SmartRent" or the "Company"), the leading provider of smart communities solutions and smart operations solutions for the rental housing industry, today announced it will release second quarter of financial year 2025 results and host a conference call on Wednesday, August 6, 2025. Second quarter 2025 financial results will be released before the market opens, and at 11:30 a.m. ET, Frank Martell, the Company's President and Chief Executive Officer, and Daryl Stemm, Chief Financial Officer, will host a conference call and webcast to discuss the Company's performance. The press release and supporting materials will be available in the Events and Presentations secti

Annual Recurring Revenue of $55.9 million in Q1 of 2025, an increase of 17% Year over Year SmartRent, Inc. (NYSE:SMRT) ("SmartRent" or the "Company"), a leading provider of smart communities solutions and smart operations solutions for the rental housing industry, today reported financial results for the three months ended March 31, 2025. Management is hosting an investor call to discuss results today, May 7, 2025, at 11:30 a.m. Eastern Time. Financial and Business Highlights for the First Quarter of 2025: Total Revenue of $41.3 million, decreased by 18% year over year. SaaS Revenue of $14.0 million, increased by 17% year over year. Net loss increased to $(40.2) million, which inclu

SmartRent, Inc. (NYSE:SMRT) ("SmartRent" or the "Company"), the leading provider of smart communities solutions and smart operations solutions for the rental housing industry, today announced it will release first quarter of financial year 2025 results and host a conference call on Wednesday, May 7, 2025. First quarter 2025 financial results will be released before the market opens, and at 11:30 a.m. ET, John Dorman, the Company's interim Chief Executive Officer, and Daryl Stemm, Chief Financial Officer, will host a conference call and webcast to discuss the Company's performance. The press release and supporting materials will be available in the Events and Presentations section of the Com

Annual Recurring Revenue was $54.4 million SmartRent, Inc. (NYSE:SMRT) ("SmartRent" or the "Company"), a leading provider of smart communities solutions and smart operations solutions for the rental housing industry, today reported financial results for the three months and full year ended December 31, 2024. Management is hosting an investor call to discuss results today, March 5, 2025, at 11:30 a.m. Eastern Time. Financial and Business Highlights for the Fourth Quarter and Full-Year 2024 Total Revenue of $35.4 million for the fourth quarter 2024 and $174.9 million for the full year, decreased by 41% and 26% year-over year, respectively. SaaS Revenue of $13.6 million for the fourth qu

SmartRent, Inc. (NYSE:SMRT) ("SmartRent" or the "Company"), the leading provider of smart communities solutions and smart operations solutions for the rental housing industry, today announced it will release fourth quarter and full-year 2024 results and host a conference call on Wednesday, March 5, 2025. Fourth quarter and full-year 2024 financial results will be released before the market opens, and at 11:30 a.m. ET, Shane Paladin, the Company's newly appointed President and Chief Executive Officer, and Daryl Stemm, Chief Financial Officer, will host a conference call and webcast to discuss the Company's performance. The press release and supporting materials will be available in the Event

SmartRent, Inc. (NYSE:SMRT), a leading provider of smart communities and smart operations solutions for the rental housing industry, today announced it will release third quarter of financial year 2024 results and host a conference call on Wednesday, November 6. Third quarter 2024 financial results will be released before the market opens, and at 11:30 a.m. ET, John Dorman, Chairman of the Board, and Daryl Stemm, Chief Financial Officer and Interim Principal Executive Officer, will host a conference call and webcast to discuss the Company's performance. The press release and supporting materials will be available in the Events and Presentations section of the Company's Investor Relations we

Delivers Record SaaS Annual Recurring Revenue ("ARR") of $51.2 million in Q2 2024 SmartRent, Inc. (NYSE:SMRT) ("SmartRent" or the "Company"), a leading provider of smart communities and smart operations solutions for the rental housing industry, today reported financial results for the three months ended June 30, 2024. Management is hosting an investor call to discuss results today, August 7, 2024, at 11:30 a.m. Eastern Time. Financial and Business Highlights for the Second Quarter 2024 Total Revenue of $48.5 million, decreased by 9 percent year-over year. SaaS Revenue of $12.8 million, increased by 32 percent year-over year. Net Loss of $(4.6) million, improved by 56 percent f

Lucas Haldeman Steps Down as CEO and Resigns from Board Board of Directors Forms Operating Committee to Oversee Company's Operations Management Committee of Current SmartRent Executives to Guide Company on Interim Basis Company Suspends Full-Year 2024 Outlook SmartRent, Inc. (NYSE:SMRT) ("SmartRent" or the "Company"), a leading provider of smart communities and smart operations solutions for the rental housing industry, today announced a CEO transition plan under which Lucas Haldeman has stepped down from his position as Chief Executive Officer and resigned from the Board of Directors, effective July 29, 2024. John Dorman, the Board's lead independent director, has been appointed Ch

SmartRent, Inc. (NYSE:SMRT), a leading provider of smart communities and smart operations solutions for the rental housing industry, today announced it will release second quarter of financial year 2024 results and host a conference call on Wednesday, August 7. Second Quarter 2024 financial results will be released before the market opens, and at 11:30 a.m. ET, Lucas Haldeman, Chief Executive Officer, and Daryl Stemm, Chief Financial Officer, will host a conference call and webcast to discuss the Company's performance. The press release and supporting materials will be available in the Events and Presentations section of the Company's Investor Relations website. SmartRent Second Quarter 2

Sets New Record with $47.6 million SaaS Annual Recurring Revenue ("ARR") in Q1 2024 Confirms 2024 Growth Outlook; Enables Expansion and Innovation SmartRent, Inc. (NYSE:SMRT) ("SmartRent" or the "Company"), a leading provider of smart home and property operations solutions for the rental housing industry, today reported financial results for the three months ended March 31, 2024. Management is hosting an investor call to discuss results today, May 8, 2024, at 11:30 a.m. Eastern Time. Financial and Business Highlights for the First Quarter 2024 Total Revenue of $50.5 million, decreased by 22 percent year-over year. SaaS Revenue of $11.9 million, increased by 32 percent year-over

SmartRent, Inc. (NYSE:SMRT), a leading provider of smart communities and smart operations solutions for the rental housing industry, today announced it will release first quarter of financial year 2024 results and host a conference call on Wednesday, May 8. First quarter 2024 financial results will be released before the market opens and, at 11:30 a.m. ET, Lucas Haldeman, Chief Executive Officer, and Daryl Stemm, Chief Financial Officer, will host a conference call and webcast to discuss the Company's performance. The press release and supporting materials will be available in the Events and Presentations section of the Company's Investor Relations website. SmartRent First Quarter 2024 Fi

Ended the Year with $216 million in Cash, Cash Equivalents and Restricted Cash Announcing $50 million Share Repurchase Program, Investment in Community WiFi Solution SmartRent, Inc. (NYSE:SMRT) ("SmartRent" or the "Company"), a leading provider of smart home and property operations solutions for the rental housing industry, today reported financial results for the three months and year ended December 31, 2023. Management is hosting an investor call to discuss results today, March 5, 2024, at 10:30 a.m. Eastern Time. Financial and Business Highlights for the Fourth Quarter and Full-Year 2023 Revenue of $60.3 million and $236.8 million for Q4 and full year, respectively, up 49% and 4

SmartRent, Inc. (NYSE:SMRT), a leading provider of smart communities and smart operations solutions for the rental housing industry, today announced it will release fourth quarter and financial year 2023 results and host a conference call on Tuesday, March 5. Fourth quarter and year- end 2023 financial results will be released before the market opens and, at 10:30 a.m. ET, Lucas Haldeman, Chief Executive Officer, and Daryl Stemm, Chief Financial Officer, will host a conference call and webcast to discuss the Company's performance. The press release and supporting materials will be available in the Events and Presentations section of the Company's Investor Relations website. SmartRent Four

Sixth Consecutive Quarter of Improved Adjusted EBITDA, Record High Hardware and Hosted Services Margins – Increased Cash by $14 million SmartRent, Inc. (NYSE:SMRT) ("SmartRent" or the "Company"), a leading provider of smart home and property operations solutions for the rental housing industry, today reported financial results for the three months ended September 30, 2023. Management is hosting an investor call to discuss results today, November 7, 2023, at 10:30 a.m. Eastern Time. Third Quarter 2023 Financial and Business Highlights Revenue of $58.1 million, up 22% year-over-year. Gross profit of $13.5 million, up over 1,000% year-over-year. Net loss of $(7.7) million, a 70% i

SmartRent, Inc. (NYSE:SMRT), a leading provider of smart home and smart building automation solutions for residents, property owners, managers, developers and homebuilders, today announced it will release third quarter 2023 financial results and host a conference call on Tuesday November 7. Third quarter financial results will be released before the market opens and, at 10:30 a.m. ET, Lucas Haldeman, Chief Executive Officer, and Hiroshi Okamoto, Chief Financial Officer, will host a conference call and webcast to discuss the Company's performance. The press release and supporting materials will be available in the Events and Presentations section of the Company's Investor Relations website.

Fifth Consecutive Quarter of Improved Adjusted EBITDA - Clear Path to Profitability SmartRent, Inc. (NYSE:SMRT) ("SmartRent" or the "Company"), a leading provider of smart home and property operations solutions for the rental housing industry, today reported financial results for the three months ended June 30, 2023. Management is hosting an investor call to discuss results today, August 8, 2023, at 12:30 p.m. Eastern Time. Second Quarter 2023 Financial and Business Highlights Revenue of $53.4 million, up 26% year-over-year. Gross profit of $9.9 million, up 900% year-over-year. Net loss of $(10.3) million, a 60% improvement year-over-year. Adjusted EBITDA of $(6.4) million,

SmartRent, Inc. (NYSE:SMRT), a leading provider of smart home and smart building automation solutions for residents, property owners, managers, developers and homebuilders, today announced it will release second quarter 2023 financial results and host a conference call on Tuesday, August 8. Second quarter financial results will be released before the market opens and, at 12:30 p.m. ET, Lucas Haldeman, Chief Executive Officer, and Hiroshi Okamoto, Chief Financial Officer, will host a conference call and webcast to discuss the Company's performance. The press release and supporting materials will be available in the Events and Presentations section of the Company's Investor Relations website.

Strong Quarter of Record Revenue and Significant Improvement in Gross Profit Drive Path to Profitability SmartRent, Inc. (NYSE:SMRT) ("SmartRent" or the "Company"), a leading provider of smart home and property operations solutions for the multifamily industry, today reported financial results for the three months ended March 31, 2023. Management is hosting an investor call to discuss results today, May 10, 2023, at 4:30 p.m. Eastern Time. First Quarter 2023 Financial and Business Highlights Revenue of $65.1 million, up 60% quarter-over-quarter and 74% year-over-year. Gross profit of $9.1 million, up 132% quarter-over-quarter and up 292% year-over-year. Net income of $(13.2) mi

SmartRent, Inc. (NYSE:SMRT), a leading provider of smart home and smart building automation solutions for residents, property owners, managers, developers and homebuilders, today announced it will release first quarter 2023 financial results on Wednesday May 10, following the market close. On that day, Lucas Haldeman, Chief Executive Officer, and Hiroshi Okamoto, Chief Financial Officer, will host a conference call and webcast at 4:30 p.m. ET to discuss the Company's performance. The press release and supporting materials will be available in the Events and Presentations section of the Company's Investor Relations website. SmartRent First Quarter 2023 Financial Results Conference Call D

Delivers 52% Increase in Revenue and Continues to Drive Margin Improvement SmartRent, Inc. (NYSE:SMRT) ("SmartRent" or the "Company"), the leading provider of smart home and property operations solutions for the multifamily industry, today reported financial results for the three months and year ended December 31, 2022. Management is hosting an investor call to discuss results today, March 8, 2023, at 4:30 p.m. Eastern Time. Financial and Business Highlights for the Fourth Quarter and Full-Year 2022 Revenue of $40.6 million and $167.8 million for Q4 and full year, respectively, up 17% and 52% year-over-year. SaaS Revenue of $8.1 million and $27.8 million for Q4 and full year, respecti

SmartRent, Inc. (NYSE:SMRT), a leading provider of smart home and smart building automation solutions for residents, property owners, managers, developers and homebuilders, today announced it will release fourth quarter and full-year 2022 financial results on March 8th, following the market close. On that day, Lucas Haldeman, Chief Executive Officer, and Hiroshi Okamoto, Chief Financial Officer, will host a conference call and webcast at 4:30 p.m. ET to discuss the Company's performance. The press release and supporting materials will be available in the Events & Presentations section of the Company's Investor Relations website. SmartRent Fourth Quarter and Full-Year 2022 Financial Results

Delivered Record Total Revenue of $47.5 million, an Increase of 12% Over Prior Quarter Updates on 2022 guidance SmartRent, Inc. (NYSE:SMRT) ("SmartRent" or the "Company"), a leading provider of smart home and smart building automation for residents, property owners, managers, developers, and homebuilders, today reported financial results for the three months and nine months ended September 30, 2022. Management is hosting an investor call to discuss results today, November 10, 2022, at 4:30 pm Eastern Time. Financial and Business Highlights for the Third Quarter 2022 The Company realized notable milestones in the third quarter that speak to the scalability of its strategy, including achie

SmartRent, Inc. (NYSE:SMRT), a leading provider of smart home and smart building automation for residents, property owners, managers, developers and homebuilders, today announced it will release third quarter 2022 financial results on Thursday, November 10, 2022, following the market close. On that day, Lucas Haldeman, Chief Executive Officer, and Hiroshi Okamoto, Chief Financial Officer, will host a conference call and webcast at 4:30 p.m. ET to discuss the Company's performance. The press release and supporting materials will be available in the Events and Presentations section of the Company's Investor Relations website. SmartRent Third Quarter 2022 Financial Results Conference Call Wh

Company sets new quarterly record for revenue and Units Deployed Provides revised guidance for 2022 due to supply chain constraints SmartRent, Inc. (NYSE:SMRT) ("SmartRent" or the "Company") today reported financial results for the quarter ended June 30, 2022. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220810005737/en/ Second Quarter 2022 Financial Highlights Compared to Second Quarter 2021 Record total revenue of $42.4 million compared to $21.7 million, up 96%. SaaS ARR of $30.6 million compared to $7.0 million, up 337%. Net loss of $(25.6) million as compared to $(10.1) million. Adjusted EBITDA of $(19.8) million a

SmartRent, Inc. (NYSE:SMRT), a leading enterprise technology company that provides a suite of hardware and cloud-based SaaS solutions through a comprehensive real estate platform designed for property owners, managers, developers, homebuilders and residents, is scheduled to release second quarter 2022 financial results on August 11, 2022 after the market closes. SmartRent's senior management team will host a conference call and webcast to discuss these results on the same day at 5 p.m. Eastern Time. Conference Call Information: To participate by phone, please dial-in at least 15 minutes prior to the start time to allow for wait times to access the conference call. Conference call numbers

Total revenue of $37.4 million and Bookings of $72.0 million set new quarterly performance records SmartRent, Inc. (NYSE:SMRT) ("SmartRent" or the "Company"), a leading provider of smart home and smart building automation for property owners, managers, developers, homebuilders and residents, today reported financial results for the quarter ended March 31, 2022. "SmartRent completed a productive first quarter focused on execution of prior Units Booked while also advancing our market leadership in enterprise smart building solutions. We achieved record revenue, deployed over 51,000 new units, added 41 new customers to the SmartRent platform and made the strategic step of acquiring SightPlan

SmartRent, Inc. (NYSE:SMRT), a leading provider of smart home and smart building automation for property owners, managers, developers, homebuilders and residents, is scheduled to release first quarter 2022 financial results on May 11, 2022 after the market closes. SmartRent's senior management team will host a conference call and webcast to discuss these results on the same day at 5 p.m. Eastern Time. Conference Call Information: To participate by phone, please dial-in at least 15 minutes prior to the start time to allow for wait times to access the conference call. Conference call numbers for domestic and international participation follow: Domestic Dial-in: 1-877-407-3982 Passcode: 137

Company grew Total Revenue 111% to approximately $111 million year-over-year, Aggregate Units Deployed and Committed grew to over 1.0 Million SmartRent, Inc. (NYSE:SMRT) ("SmartRent" or the "Company"), a leading provider of smart home and smart building automation for property owners, managers, developers, homebuilders and residents, today reported financial results for the full-year and fourth quarter ended December 31, 2021. "SmartRent celebrated many notable successes in 2021. From our public listing on the New York Stock Exchange in August 2021, to reaching record revenue levels and launching several new, best-in-class products, I could not be more proud of our team and all that we a

SmartRent, Inc. (NYSE:SMRT), a leading provider of smart home and smart building automation for property owners, managers, developers, homebuilders and residents, is scheduled to release fourth quarter and full-year 2021 financial results on March 24, 2022, after the market closes. SmartRent's senior management team is hosting a conference call and webcast to discuss these results on the same day at 5 p.m. Eastern Time. Conference Call Information: To participate by phone, please dial-in at least 15 minutes prior to the start time to allow for to allow for wait times to access the conference call. Conference call numbers for domestic and international participation follow: Domestic Dia

Revenue Increased 112% as the Company added a record 59,000 Deployed Units Committed Units Increased to over 704,000 SmartRent, Inc. ("SmartRent" or the "Company"), a leading provider of smart home and smart building automation for property owners, managers, developers, homebuilders, and residents, today reported financial results for the third quarter ended September 30, 2021. Third Quarter 2021 Highlights Record revenue of $35.1 million, a year-over-year increase of 112% Deployed 59,347 units, an increase of 111% as compared to the prior year period New Units Booked grew to 49,706, up 134% year-over-year Grew Committed Units to over 704,000 Total Aggregate Deployed and Commi

SmartRent, Inc., a leading provider of smart home and smart building automation for property owners, managers, developers, homebuilders and residents, is scheduled to release financial results for the quarter ended September 30, 2021 after the market close on November 10. SmartRent's Chief Executive Officer, Lucas Haldeman and Chief Financial Officer, Jon Wolter will host a conference call and live webcast to discuss these results for investors and analysts on November 10 at 5:00PM Eastern Time. Conference Call Information: To participate by phone, please dial-in at least 15 minutes prior to the start time to allow for wait times to access the conference call. The live conference call wil

Company Achieves Record Revenue for the Quarter Recent Highlights Increased second quarter revenue by 274% to $21.7 million from $5.8 million in the prior year Grew deferred revenue 133% year-over-year to $74.5 million Deployed 23,834 New Units in the second quarter up 243% year-over-year Increased Committed Units to 606,000 as of June 30, 2021 Launched Smart Intercom and Alloy Access Solo to enhance and optimize access control systems Initiated vertical expansion into attractive Student Housing market Completed business combination with Fifth Wall Acquisition Corp. I Appointed Ann Sperling to the Board of Directors SmartRent, Inc. (NYSE:SMRT) ("SmartRent" or "the Compan

SmartRent.com, Inc. ("SmartRent" or "the Company") a leading provider of smart home and smart building automation for property owners, managers, developers, homebuilders and residents, today announced that it will release its financial results for the second quarter of 2021 on August 30, 2021 after the market closes. SmartRent will host a conference call to discuss its second quarter 2021 financial results on August 30, 2021 at 5:00 PM Eastern Time. To access the conference call, dial 1-877-407-3982 for the U.S. and Canada, or 1-201-493-6780 for callers outside the U.S. or Canada, with Conference ID: 13722626. A webcast of the conference call will be available on the Company's website at i