---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-025421"
form_type: "8-K"
ticker: "SMRT"
cik: "0001837014"
company_name: "SmartRent, Inc."
filed_at: "2024-03-05T23:59:59+00:00"
generated_at: "2026-06-05T04:05:40.876947+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# SmartRent Q4 revenue up 49% YoY, first positive Adjusted EBITDA; $50M buyback authorized

## Summary
- Q4 revenue $60.3M (+49% YoY); SaaS revenue $11.6M (+43% YoY).
- Q4 Adj. EBITDA $0.7M (first positive), vs. $(14.1M) loss in Q4 2022.
- Cash $215.7M, no debt; $50M share repurchase authorized.
- Q1 2024 guidance: revenue $47-53M; full-year revenue $260-290M, Adj. EBITDA $5-8M.
- Units deployed 719,691; New Units deployed in 2023 down 17% YoY.

## SEC filing metadata
- accession: 0000950170-24-025421
- form_type: 8-K
- ticker: SMRT
- cik: 0001837014
- company_name: SmartRent, Inc.
- filed_at: 2024-03-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1837014/000095017024025421/0000950170-24-025421-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1837014/000095017024025421/smrt-20240304.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-025421
- JSON: https://secwatch.observer/filing/0000950170-24-025421.json
- Plain text: https://secwatch.observer/filing/0000950170-24-025421.txt

## Key facts
- Earnings Releases
  SmartRent, Inc. reported the fourth quarter and fiscal year ended December 31, 2023 results: revenue $60.3 million and $236.8 million for Q4 and full year, respectively, net income $(3.3) million and $(34.6) million for Q4 and full year, respectively.
  - Period: the fourth quarter and fiscal year ended December 31, 2023
  - Revenue: $60.3 million and $236.8 million for Q4 and full year, respectively
  - Net income: $(3.3) million and $(34.6) million for Q4 and full year, respectively
  - Result: reported results
  source text: an investor call to discuss results today, March 5, 2024, at 10:30 a.m. Eastern Time. Financial and Business Highlights for the Fourth Quarter and Full-Year 2023 ● Revenue of $60.3 million and $236.8 million for Q4 and full year, respectively, up 49% and 41% year-over-year, respectively. ● SaaS Revenue of $11.6 million and $41.1 million for Q4 and full year,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1837014/000095017024025421/0000950170-24-025421-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.