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Smartrent, Inc. revenue

Smartrent, Inc.'s revenue was $152m in fiscal 2025, down 12.9% on the year before. Since fiscal 2020 ($52.5m) it has grown at a compound 23.7% a year. Over the last twelve months it was $151m.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue53111168237175152151
Growth on the year before—+110.6%+51.7%+41.1%−26.2%−12.9%—
Gross profit−4−10150605055

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Reportable Segment Aggregation Before Other Operating $152M 100.0% ▼ 12.9%
Smart Apartments $128M 83.7% ▼ 12.2%
Smart Operations Solutions $10.7M 7.0% ▼ 6.3%
Access Control $7.4M 4.9% ▼ 5.8%
Other Smart Communities Solutions $5.4M 3.6% ▼ 35.4%
Community Wifi $1.3M 0.8% ▼ 36.3%
Products and services
Line of business Revenue YoY
Hosted Services $73.2M 0.0%
Hardware $58M ▼ 30.0%
Hardware Service $58M ▼ 30.0%
Professional Services $21.1M ▲ 12.4%

These categories overlap or exclude eliminations, so shares aren't shown.

Geography
Region Revenue Share YoY
United States $152M 99.9% ▼ 12.1%
Outside the US $161,000 0.1% ▼ 90.4%

From Smartrent, Inc.'s 10-K filed March 4, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Application Software: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Smartrent, Inc. $151m -2.8% -9.9%
Stem, Inc. $148m -5.1% -29.1%
Lucas GC Ltd $145m -1.9% —
Bigbear.ai Holdings, Inc. $142m -1.5% -2.9%
Agora, Inc. $141m 5.9% —
Expensify, Inc. $138m -4.3% -5.8%

Compare with peers

Head to head: SMRT vs STEMLGCL vs SMRTBBAI vs SMRT

More: Application Software stocks compared, Technology sector, rankings of US companies

Figures from Smartrent, Inc.'s SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Smartrent, Inc.