---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-121834"
form_type: "8-K"
ticker: "SMRT"
cik: "0001837014"
company_name: "SmartRent, Inc."
filed_at: "2024-11-06T23:59:59+00:00"
generated_at: "2026-05-30T04:48:20.833587+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# SmartRent Q3 revenue falls 30% YoY to $40.5M; SaaS ARR rises 23% to $53M

## Summary
- Total revenue $40.5M (-30% YoY); SaaS revenue $13.3M (+23% YoY); net loss $(9.9)M vs $(7.7)M.
- Adjusted EBITDA loss improved 24% to $(3.8)M; gross margin expanded ~1,000 bps to 33.2%.
- ARR reached $53.2M vs $43.3M a year ago; Units Deployed 787k (+15% YoY).
- Repurchased 9.8M shares for $17.1M; $22.6M remaining under $50M buyback program.
- Hired Natalie Cariola as CRO; CEO search ongoing after July leadership change.

## SEC filing metadata
- accession: 0000950170-24-121834
- form_type: 8-K
- ticker: SMRT
- cik: 0001837014
- company_name: SmartRent, Inc.
- filed_at: 2024-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1837014/000095017024121834/0000950170-24-121834-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1837014/000095017024121834/smrt-20241106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-121834
- JSON: https://secwatch.observer/filing/0000950170-24-121834.json
- Plain text: https://secwatch.observer/filing/0000950170-24-121834.txt

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