SmartRent Sees Q4 Adjusted EBITDA of $0-$300,000
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 05 2026
0mins
Should l Buy SMRT?
Sees Q4 adjusted EBITDA $0-$300,000. "Our expected fourth quarter results reflect the impact of decisive action and disciplined execution over the course of the second half of 2025," said Frank Martell, president and CEO of SmartRent. "Importantly, we delivered on our commitments, including investing in our revenue-generating teams, driving productivity and resetting expense levels, as well as maintaining significant cash reserves."
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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: 1.540
Low
1.70
Averages
1.73
High
1.75
Current: 1.540
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.
SmartRent Q4 Earnings Beat Expectations with Revenue Growth
- Earnings Highlights: SmartRent reported a Q4 GAAP EPS of -$0.02, in line with expectations, indicating stability in its profitability metrics.
- Revenue Growth: The company achieved revenue of $36.5 million, reflecting a year-over-year increase of 3.2%, beating market expectations by $0.19 million, which underscores its competitive strength in the market.
- 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.
- Unit Revenue Stability: Average Revenue Per Unit (ARPU) for Q4 2025 was $5.83, up approximately 3% from $5.68 in Q4 2024, demonstrating revenue stability within its existing customer base.
See More
SMARTRENT Reports Q4 EPS of -$0.02
Market Overview: The article discusses the current state of the market, highlighting trends and key performance indicators for Q4.
Economic Indicators: It emphasizes the importance of various economic indicators that are influencing market movements and investor sentiment.
Sector Performance: The performance of different sectors is analyzed, showcasing which areas are thriving and which are struggling.
Future Outlook: The article concludes with predictions for the upcoming quarter, considering potential challenges and opportunities for investors.
See More
SmartRent Q4 2025 Earnings Call Highlights
- Revenue Growth Recovery: SmartRent achieved total revenue of $36.5 million in Q4 2025, representing a 3% increase from $35.4 million in Q4 2024, marking the company's first positive growth after seven quarters of decline, indicating a recovery in market demand and the effectiveness of its strategic initiatives.
- Annual Recurring Revenue Increase: The company's annual recurring revenue (ARR) reached just under $62 million, accounting for approximately 40% of total revenue, reflecting a positive trend with SaaS revenue growing by 13%, which not only enhances customer retention but also stabilizes long-term revenue streams.
- Cost Structure Optimization: By resetting its cost structure, SmartRent achieved over $30 million in annualized savings, with operating expenses in Q4 dropping to $18 million, down 22% year-over-year, laying a solid foundation for future profitability and enhancing the company's financial flexibility.
- Strategic Vision Launch: CEO Martell's
See More
SmartRent Surges After Beating Q4 Earnings Expectations
- Earnings Beat: SmartRent reported fourth-quarter revenue of $36.5 million, reflecting a 3% year-over-year increase, which, while modest, exceeded market expectations and indicates the company's resilience amid challenging market conditions.
- Recurring Revenue Growth: The company's annual recurring revenue (ARR) rose by 13% to $61.6 million, now comprising 42% of total revenue, highlighting the growing potential of its software business.
- 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.
- Improved Profitability: The adjusted EBITDA flipped from a loss of $7.4 million to a profit of $0.2 million, and the loss per share improved from $0.06 to $0.02, demonstrating positive strides in cost management and profitability.
See More
Wall Street's First Trading Day of March Outlook
- Middle East Impact: The U.S.-Israeli attack on Iran is likely to ripple through financial markets, with oil prices rising due to geopolitical risk premiums, as Brent crude has surged from the low $60s to around $73, indicating potential for further volatility.
- CrowdStrike Earnings Preview: CrowdStrike is set to report its quarterly results after Tuesday's close, with Wall Street expecting fiscal 2026 Q4 revenue of $1.3 billion and EPS of $1.10, providing CEO George Kurtz an opportunity to highlight the cybersecurity sector's unique position amidst AI disruption fears.
- Broadcom Earnings Expectations: Broadcom will release its earnings on Wednesday, with anticipated fiscal 2026 Q1 revenue of $19.14 billion and EPS of $2.02, as market sentiment remains optimistic about AI chip demand despite concerns over potential disruptions to infrastructure software.
- Costco Quarterly Report: Costco is expected to report its fiscal 2026 Q2 results after Thursday's close, with projected revenue of $69.22 billion and EPS of $4.56, as management will address consumer spending trends and membership renewal rates amid high price pressures.
See More
SmartRent Schedules Q4 and Full-Year 2025 Earnings Call
- Earnings Release Schedule: SmartRent will announce its Q4 and full-year 2025 financial results on March 4, 2026, before the market opens, reflecting the company's commitment to transparency and investor communication.
- Conference Call Details: Following the earnings release, CEO Frank Martell and CFO Daryl Stemm will host a conference call at 11:30 a.m. ET, providing performance insights that aim to bolster investor confidence in the company's future prospects.
- Webcast Availability: The conference call will be accessible via live and archived webcast on the company's Investor Relations website, ensuring that investors unable to attend in real-time can still access critical information, thereby enhancing information accessibility.
- Company Overview: Founded in 2017, SmartRent specializes in providing smart community and operational solutions for the rental housing industry, leveraging unique software and hardware to serve 15 of the top 20 multifamily operators, underscoring its leadership position in the sector.
See More
SmartRent Q4 Earnings Beat Expectations with Revenue Growth
- Earnings Highlights: SmartRent reported a Q4 GAAP EPS of -$0.02, in line with expectations, indicating stability in its profitability metrics.
- Revenue Growth: The company achieved revenue of $36.5 million, reflecting a year-over-year increase of 3.2%, beating market expectations by $0.19 million, which underscores its competitive strength in the market.
- 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.
- Unit Revenue Stability: Average Revenue Per Unit (ARPU) for Q4 2025 was $5.83, up approximately 3% from $5.68 in Q4 2024, demonstrating revenue stability within its existing customer base.
See More
SMARTRENT Reports Q4 EPS of -$0.02
Market Overview: The article discusses the current state of the market, highlighting trends and key performance indicators for Q4.
Economic Indicators: It emphasizes the importance of various economic indicators that are influencing market movements and investor sentiment.
Sector Performance: The performance of different sectors is analyzed, showcasing which areas are thriving and which are struggling.
Future Outlook: The article concludes with predictions for the upcoming quarter, considering potential challenges and opportunities for investors.
See More
SmartRent Q4 2025 Earnings Call Highlights
- Revenue Growth Recovery: SmartRent achieved total revenue of $36.5 million in Q4 2025, representing a 3% increase from $35.4 million in Q4 2024, marking the company's first positive growth after seven quarters of decline, indicating a recovery in market demand and the effectiveness of its strategic initiatives.
- Annual Recurring Revenue Increase: The company's annual recurring revenue (ARR) reached just under $62 million, accounting for approximately 40% of total revenue, reflecting a positive trend with SaaS revenue growing by 13%, which not only enhances customer retention but also stabilizes long-term revenue streams.
- Cost Structure Optimization: By resetting its cost structure, SmartRent achieved over $30 million in annualized savings, with operating expenses in Q4 dropping to $18 million, down 22% year-over-year, laying a solid foundation for future profitability and enhancing the company's financial flexibility.
- Strategic Vision Launch: CEO Martell's
See More
SmartRent Surges After Beating Q4 Earnings Expectations
- Earnings Beat: SmartRent reported fourth-quarter revenue of $36.5 million, reflecting a 3% year-over-year increase, which, while modest, exceeded market expectations and indicates the company's resilience amid challenging market conditions.
- Recurring Revenue Growth: The company's annual recurring revenue (ARR) rose by 13% to $61.6 million, now comprising 42% of total revenue, highlighting the growing potential of its software business.
- 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.
- Improved Profitability: The adjusted EBITDA flipped from a loss of $7.4 million to a profit of $0.2 million, and the loss per share improved from $0.06 to $0.02, demonstrating positive strides in cost management and profitability.
See More
Wall Street's First Trading Day of March Outlook
- Middle East Impact: The U.S.-Israeli attack on Iran is likely to ripple through financial markets, with oil prices rising due to geopolitical risk premiums, as Brent crude has surged from the low $60s to around $73, indicating potential for further volatility.
- CrowdStrike Earnings Preview: CrowdStrike is set to report its quarterly results after Tuesday's close, with Wall Street expecting fiscal 2026 Q4 revenue of $1.3 billion and EPS of $1.10, providing CEO George Kurtz an opportunity to highlight the cybersecurity sector's unique position amidst AI disruption fears.
- Broadcom Earnings Expectations: Broadcom will release its earnings on Wednesday, with anticipated fiscal 2026 Q1 revenue of $19.14 billion and EPS of $2.02, as market sentiment remains optimistic about AI chip demand despite concerns over potential disruptions to infrastructure software.
- Costco Quarterly Report: Costco is expected to report its fiscal 2026 Q2 results after Thursday's close, with projected revenue of $69.22 billion and EPS of $4.56, as management will address consumer spending trends and membership renewal rates amid high price pressures.
See More
SmartRent Schedules Q4 and Full-Year 2025 Earnings Call
- Earnings Release Schedule: SmartRent will announce its Q4 and full-year 2025 financial results on March 4, 2026, before the market opens, reflecting the company's commitment to transparency and investor communication.
- Conference Call Details: Following the earnings release, CEO Frank Martell and CFO Daryl Stemm will host a conference call at 11:30 a.m. ET, providing performance insights that aim to bolster investor confidence in the company's future prospects.
- Webcast Availability: The conference call will be accessible via live and archived webcast on the company's Investor Relations website, ensuring that investors unable to attend in real-time can still access critical information, thereby enhancing information accessibility.
- Company Overview: Founded in 2017, SmartRent specializes in providing smart community and operational solutions for the rental housing industry, leveraging unique software and hardware to serve 15 of the top 20 multifamily operators, underscoring its leadership position in the sector.
See More
