Name: SMRT Income Statement - Smartrent Revenue & EPS | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Revenue, Cost of Revenue, Gross Profit, Operating Expenses, Operating Income, Net Income, EPS Basic, EPS Diluted

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SMRT - Smartrent, Inc.

USD | NYSE | Technology

SMRT Income Statement - Smartrent Revenue & EPS | Ledgeburg

(in millions of USD, except per-share data)	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q4 FY 23	Q3 FY 23	Q2 FY 23	Q1 FY 23	Q4 FY 22	Q3 FY 22	Q2 FY 22	Q1 FY 22	Q4 FY 21	Q3 FY 21	Q2 FY 21	Q1 FY 21	Q4 FY 20	Q3 FY 20	Q2 FY 20	Q1 FY 20
Revenues
Revenues	38.7	36.5	36.2	38.3	41.3	35.4	40.5	48.5	50.5	60.3	58.1	53.4	65.1	40.6	47.5	42.4

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD, except per-share data)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Revenues
Revenues	149.7	152.3	174.9	236.8	167.8	110.6	52.5
Cost of Revenue	98.2	102.5	114.5	187.3	166.5	120.7	56.8
Gross Profit	51.4	49.9	60.3	49.5	1.3	(10.1)	(4.3)
Operating Expenses
Research & Development	24.1	26.2	29.4	28.8	29.4	21.6	9.4
Selling General & Administrative	-	-	-	-	-	-
Operating Income
Operating Income	(27.8)	(64.0)	(41.8)	(43.2)	(104.3)	(71.7)	(35.7)
Non-Operating
Interest Income	-	4.3	8.6	9.0	-	-	-
Interest Expense	-	-	-	-	-	-	-
Tax & Net
Income Tax Expense	(0.0)	0.0	0.3	(0.1)	(5.4)	0.1	0.1
Net Income From Continuing Ops	(24.8)	(60.6)	(33.6)	(34.6)	(96.3)	(72.0)
Per Share
EPS Basic	(0.13)	(0.32)	(0.17)	(0.17)	(0.49)	(0.96)	(4.32)
EPS Diluted	(0.13)	(0.32)	(0.17)	(0.17)	(0.49)	(0.96)	(4.32)
Supplementary Data
EBITDA	-	(55.5)	(35.3)	(37.6)	(100.0)	(71.2)	(35.4)
EBIT	(27.8)	(64.0)	(41.8)	(43.2)	(104.3)	(71.7)	(35.7)

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Operating Expenses
Research & Development	6.1	5.4	6.1	6.5	8.3	6.9	6.6	7.5	8.4	7.5	7.6	6.5	7.2	7.3	7.6	8.0	6.4	7.5	6.9	4.1	3.1	-	2.6	-	-
Selling General & Administrative	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling & Marketing	4.4	4.0	4.4	6.4	4.8	4.7	4.4	4.7	4.6	4.6	4.6	4.8	5.2	4.7	4.9	6.1	5.2
General & Administrative	9.6	8.7	6.1	11.5	16.9	11.5	14.2	12.0	16.7	10.8	11.3	10.6	12.0	14.2	15.3	13.8	12.0
Depreciation & Amortization	2.2	-	-	-	1.9	-	-	-	1.5	-	-	-	1.3	-	-	-
Amortization of Intangibles	1.0	1.0	1.0	1.0	1.0	1.0	1.0	1.0	1.0	1.0	1.0	1.0	1.0	1.0	1.0	1.1	0.2
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses	20.2	18.0	16.6	24.4	29.9	23.1	25.2	24.2	29.6	22.8	23.5	22.0	24.4	26.2	27.8	28.0

Operating Income
Operating Income	(5.1)	(4.0)	(7.0)	(11.7)	(41.3)	(13.0)	(11.7)	(6.9)	(10.2)	(5.8)	(9.9)	(12.1)	(15.3)	(22.3)	(26.7)	(27.0)	(28.3)	(25.9)	(26.5)	(10.0)	(9.2)	-	(8.1)	-	-

Non-Operating
Interest Income	0.9	-	-	-	1.3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income From Equity Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Non-Operating Income	(0.1)	(0.2)	(0.1)	(0.2)	0.0	0.1	(0.2)	0.1	0.1	(0.1)	(0.0)	(0.1)	0.1	0.0	0.3	0.2	0.1
Pre-Tax Income	(4.4)	(3.3)	(6.2)	(10.9)	(40.1)	(11.3)	(9.9)	(4.5)	(7.6)	(3.4)	(7.8)	(10.3)	(13.2)	(21.0)	(25.9)	(26.6)

Tax & Net
Income Tax Expense	0.0	(0.1)	0.1	(0.0)	0.1	0.1	0.0	0.1	0.0	(0.1)	(0.0)	0.0	(0.0)	0.3	0.1	(1.0)	(4.8)	(0.0)	0.0	0.0	0.0	-	0.0	-	-
Net Income From Continuing Ops	(4.4)	(3.2)	(6.3)	(10.9)	(40.2)	(11.4)	(9.9)	(4.6)	(7.7)	(3.3)	(7.7)	(10.3)	(13.2)	(21.4)	(26.0)	(25.6)	(23.4)
Net Income From Discontinued Ops	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	(4.4)	(3.2)	(6.3)	(10.9)	(40.2)	(11.4)	(9.9)	(4.6)	(7.7)	(3.3)	(7.7)	(10.3)	(13.2)	(21.4)	(26.0)	(25.6)	(23.4)
Net Income Attributable To Parent	(4.4)	(3.2)	(6.3)	(10.9)	(40.2)	(11.4)	(9.9)	(4.6)	(7.7)	(3.3)	(7.7)	(10.3)	(13.2)	(21.4)	(26.0)	(25.6)
Less: Minority Interest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Preferred Dividends	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income To Common Shareholders	(4.4)	(3.2)	(6.3)	(10.9)	(40.2)	(11.4)	(9.9)	(4.6)	(7.7)	(3.3)	(7.7)	(10.3)	(13.2)	(21.4)	(26.0)

Per Share
EPS Basic	(0.02)	-	(0.03)	(0.06)	(0.21)	-	(0.05)	(0.02)	(0.04)	-	(0.04)	(0.05)	(0.07)	-	(0.13)	(0.13)	(0.12)	-	(0.31)	(4.87)	-	-	-	-	-
EPS Diluted	(0.02)	-	(0.03)	(0.06)	(0.21)	-	(0.05)	(0.02)	(0.04)	-	(0.04)	(0.05)	(0.07)	-	(0.13)	(0.13)	(0.12)	-
Shares Basic	191.7	-	188.4	188.8	192.4	-	198.7	202.0	203.5	-	201.6	199.6	198.3	-	196.5	0.2	0.2	-
Shares Diluted	191.7	-	188.4	188.8	192.4	-	198.7	202.0	203.5	-	201.6	199.6	198.3	-	196.5	0.2	0.2	-

Supplementary Data
EBITDA	(2.9)	-	-	-	(39.3)	-	-	-	(8.7)	-	-	-	(14.0)	-	-	-	(27.9)	-	-	-	(9.1)	-	-	-	-
EBIT	(5.1)	(4.0)	(7.0)	(11.7)	(41.3)	(13.0)	(11.7)	(6.9)	(10.2)	(5.8)	(9.9)	(12.1)	(15.3)	(22.3)	(26.7)	(27.0)	(28.3)	(25.9)	(26.5)