Q2 2026 saw double-digit core revenue growth, margin expansion, and strong SaaS momentum, with accelerating bookings and a growing installed base. Strategic partnerships and a robust balance sheet support continued growth, while expanded share repurchases and renewal pricing drive shareholder value…
Revenue grew 4% year-over-year to $39.8 million, with core revenue up 14% and ARR up 13%. Gross margin expanded to 40.7%, and adjusted EBITDA turned positive. Units Booked surged 40%, and the company ended the quarter with $92.7 million in cash and no debt.Original document: SmartRent, Inc. [SMRT…
Q2 2026 saw a 4% revenue increase to $39.8M and a net loss reduction to $5.6M, driven by strong professional services and SaaS growth, despite hardware declines. Gross margin and Adjusted EBITDA improved, with robust cash reserves and continued execution of Vision 2028.Original document: SmartRent…
SmartRent, Inc. reported second-quarter 2026 results with revenue of $39.84M, a 4% increase from $38.31M a year earlier, and a narrowed net loss of $5.64M versus a $10.86M loss in the year-ago quarter. Basic and diluted net loss per share was $(0.03), improved from $(0.06) in the prior-year quarter…
Smart home company SmartRent NYSE:SMRT will be reporting earnings this Wednesday before market open. Here’s what to look for.SmartRent beat analysts’ revenue expectations last quarter, reporting revenues of $38.68 million, down 6.4% year on year. It was a softer quarter for the company, with a sign…
