SmartRent, Inc. Income Statement
SMRT|5 years of annual SEC 10-K data (FY2021-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 5 fiscal years. All figures from audited SEC 10-K filings.
SmartRent, Inc. reported $237M in revenue and $35M in net loss for FY2025. Revenue has grown at a 45.7% compound annual rate over the past 4 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 4.46 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $236.8M | $167.8M | $110.6M | $52.5M | $52.5M |
| Cost of Revenue | $187.3M | $166.5M | $120.7M | $56.8M | $56.8M |
| SG&A Expense | $44.7M | $55.3M | $26.0M | $16.6M | $16.6M |
| R&D Expense | $28.8M | $29.4M | $21.6M | $9.4M | $9.4M |
| Operating Income | -$43.2M | -$104.3M | -$71.7M | -$35.7M | -$35.7M |
| Interest Expense | - | $1.9M | -$249.0K | -$559.0K | -$559.0K |
| Income Tax | -$108.0K | -$5.4M | $115.0K | $149.0K | $149.0K |
| Net Income | -$34.6M | -$96.3M | -$72.0M | -$37.1M | -$37.1M |
| EPS (Basic) | -$0.17 | -$0.49 | -$0.96 | -$4.32 | - |
| EPS (Diluted) | -$0.17 | -$0.49 | -$0.96 | -$4.32 | -$4.32 |
| Shares Outstanding | 192.0M | 203.3M | 198.5M | 193.9M | 10.4K |
| Operating Margin | -18.2% | -62.1% | -64.8% | -68.0% | -68.0% |
| Profit Margin | -14.6% | -57.4% | -65.0% | -70.6% | -70.6% |