SmartRent Q4 Revenue Reaches $36.47M, Year-over-Year Growth
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 04 2026
0mins
Should l Buy SMRT?
Reports Q4 revenue $36.47M vs. $35.37M last year. "The second half and specifically the fourth quarter of 2025 were periods of substantial progress for SmartRent. We continued to grow our Annual Recurring Revenue at double digit rates and, for the first time in seven quarters, in the fourth quarter, the Company delivered year-over-year total revenue growth. We returned to positive Adjusted EBITDA exiting the year, in line with the commitments made on previous earnings calls." commented Frank Martell, president and CEO of SmartRent. "Importantly, we continued to expand our deployed base which now includes more than 890,000 Units Deployed, up 10% from the prior year. As we look forward to 2026, we expect to continue to significantly expand our deployed base as we capitalize on the investments we are making in our sales and technology organizations, as well as expanding platform capabilities and leveraging AI to deliver even greater ROI to property owners and operators."
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Analyst Views on SMRT
Wall Street analysts forecast SMRT stock price to rise
2 Analyst Rating
0 Buy
2 Hold
0 Sell
Hold
Current: 1.530
Low
1.70
Averages
1.73
High
1.75
Current: 1.530
Low
1.70
Averages
1.73
High
1.75
About SMRT
SmartRent, Inc. is a provider of smart community solutions and smart operations solutions to the rental housing industry. The Company's end-to-end ecosystem powers smarter living and working in rental housing by automating operations, protecting assets, reducing energy consumption and more. Through a Hub Device, it enables the integration of its platform with third-party smart devices, its own hardware devices and other technology interfaces. It uses an open-architecture, brand-agnostic approach that allows owners, operators, and residents to manage their smart home systems through a single connected interface. Its smart community solutions include software and devices that power smart apartments and homes, access control for buildings, common areas, and rental units, community and resident Wi-Fi and others. Its smart operations solutions include work order management, the automation of leasing and resident call handling, audit management and the automation of the inspection process.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Increase in Bookings: SmartRent's booked units surged by 24% to 25,634, signaling a rebound in market demand that could lay the groundwork for future growth.
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See More
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- Annual Recurring Revenue: Annual Recurring Revenue (ARR) increased by 13% year-over-year to $61.6 million, now representing 42% of total revenue, highlighting robust performance in its subscription model.
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Future Outlook: The article concludes with predictions for the upcoming quarter, considering potential challenges and opportunities for investors.
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