---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-092286"
form_type: "8-K"
ticker: "SMRT"
cik: "0001837014"
company_name: "SmartRent, Inc."
filed_at: "2024-08-07T23:59:59+00:00"
generated_at: "2026-05-31T11:53:01.260734+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# SmartRent Q2 SaaS ARR record $51.2M, net loss narrows, suspends guidance

## Summary
- Total revenue $48.5M (-9% YoY); SaaS revenue $12.8M (+32% YoY); record SaaS ARR $51.2M.
- Net loss improved to $(4.6)M from $(10.3)M; adjusted EBITDA positive at $902K, third consecutive quarter.
- Gross margin expanded to 35.7% from 18.5% due to mix and cost actions; SaaS gross margin 75.5%.
- Cash $187.4M, no debt; $75M undrawn facility; share repurchase program has $41.6M remaining.
- Suspended annual guidance citing market headwinds and CEO transition; management committee formed.

## SEC filing metadata
- accession: 0000950170-24-092286
- form_type: 8-K
- ticker: SMRT
- cik: 0001837014
- company_name: SmartRent, Inc.
- filed_at: 2024-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1837014/000095017024092286/0000950170-24-092286-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1837014/000095017024092286/smrt-20240807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-092286
- JSON: https://secwatch.observer/filing/0000950170-24-092286.json
- Plain text: https://secwatch.observer/filing/0000950170-24-092286.txt

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