SMRT News & Events

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."

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."

SmartRent announced the appointment of Sangeeth Ponathil as Chief Information Officer. A proven executive leader with more than 25 years of experience guiding enterprise technology strategy, Ponathil will chart SmartRent's technology roadmap moving forward. His acumen in corporate digital transformation, infrastructure modernization and executing corporate strategy will be instrumental as the Company expands its industry-leading footprint. Under his guidance, SmartRent will continue to architect scalable IT systems and infrastructure to support growth and innovation for its leading IoT and smart operations platform, including expanded use of AI-driven insights and intelligent automation. He will also be responsible for leading the Company's engineering, product development, applications, security, data and support teams.