{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-055083","form_type":"8-K","ticker":"SMRT","cik":"0001837014","company_name":"SmartRent, Inc.","filed_at":"2024-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.607283+00:00","generated_at":"2026-06-02T12:59:06.235039+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"SmartRent Q1 SaaS revenue up 32% to $11.9M; net loss narrows 42% to $7.7M","bullets":["SaaS ARR hit a record $47.6M; SaaS gross margin improved to 75.1% from 73.4%.","Total revenue $50.5M (-22% YoY) as hardware and professional services declined.","Adjusted EBITDA turned positive at $0.4M vs -$8.5M a year ago.","Gross margin expanded to 38.5% from 14.0% on favorable product mix.","Q2 2024 guidance: revenue $49-55M; full-year guidance unchanged: revenue $260-290M, adjusted EBITDA $5-8M."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-055083","json":"https://secwatch.observer/filing/0000950170-24-055083.json","markdown":"https://secwatch.observer/filing/0000950170-24-055083.md","text":"https://secwatch.observer/filing/0000950170-24-055083.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1837014/000095017024055083/0000950170-24-055083-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1837014/000095017024055083/smrt-20240508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T12:59:06.235039+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"07dd5603df53c2e819a04eb92a00e159c39b2bfb","claim":"SmartRent, Inc. reported second quarter of 2024 results: revenue $49 to $55 million. Guidance initiated.","evidence_excerpt":"Second Quarter 2024 Guidance • Total Revenue in the range of $49 to $55 million. • Adjusted EBITDA in the range of $(0.5) million to $0.5 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1837014/000095017024055083/0000950170-24-055083-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter of 2024"},{"label":"Revenue","value":"$49 to $55 million"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"a611a3792524aeb87c39f13cf7d94ba1343567c2","claim":"SmartRent, Inc. reported full year 2024 results: revenue $260 million to $290 million. Guidance reaffirmed.","evidence_excerpt":"Unchanged - Full-Year 2024 Guidance • Total Revenue in the range of $260 million to $290 million. • Adjusted EBITDA in the range of $5 million to $8 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1837014/000095017024055083/0000950170-24-055083-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year 2024"},{"label":"Revenue","value":"$260 million to $290 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}