The Tip Desk

SmartRent, Inc.

Company Stats

Market Cap
$226.1M
as of Sep 30, 2026
Shares Outstanding
191.6M
Free Float
57.7%

Income Statement

Revenue
$152.3M
Operating Income
-$64.0M
Net Income
-$60.6M
EBITDA
-$55.5M
Non-cash Impairment
$24.9M
Revenue Growth, 3Y
-3.2%
FCF Margin, 3Y Avg
-11.3%
FCF Margin, Worst Year
-19.8%

Cash Flow

Free Cash Flow
-$25.1M
FCF Yield
-11.1%
Owner FCF Yield
-15.0%

Balance Sheet

Cash & Equivalents
$104.5M

Returns & Capital

Share Repurchases
$4.9M
SBC, 3Y Avg
$11.3M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$152.3M-$25.1M-16.5%
FY2024$174.9M-$34.7M-19.8%
FY2023$236.8M$5.8M2.5%
FY2022$167.8M-$78.9M-47.0%
FY2021$110.6M-$71.8M-64.9%

Annual filing data through FY ended December 31, 2025; shares and float as of October 14, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage