---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-207626"
form_type: "8-K"
ticker: "SMRT"
cik: "0001837014"
company_name: "SmartRent, Inc."
filed_at: "2026-05-06T23:59:59+00:00"
generated_at: "2026-05-14T22:53:53.080213+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SmartRent posts Q1 net loss of $4.4M; adjusted EBITDA positive for second quarter

## Summary
- Revenue $38.7M (-6% YoY); Core Revenue $36.6M flat; ARR $60.9M (+9% YoY).
- Net loss improved to $4.4M from $40.2M; adjusted EBITDA positive $0.4M vs -$6.4M.
- SaaS revenue $15.2M (+9% YoY); SaaS gross margin expanded to 74.5%.
- Units Deployed 911,244 (+10% YoY); New Units Deployed 20,662 (+14% YoY).
- Cash $99M, no debt, $75M undrawn credit facility; confident in full-year adj. EBITDA profitability.

## SEC filing metadata
- accession: 0001193125-26-207626
- form_type: 8-K
- ticker: SMRT
- cik: 0001837014
- company_name: SmartRent, Inc.
- filed_at: 2026-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1837014/000119312526207626/0001193125-26-207626-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1837014/000119312526207626/smrt-20260506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-207626
- JSON: https://secwatch.observer/filing/0001193125-26-207626.json
- Plain text: https://secwatch.observer/filing/0001193125-26-207626.txt

## Source-grounded claims
- claim_id: 5cbedde9a32fa30411f64fdcc755b9991b39a2cd
  claim: SmartRent, Inc. reported first quarter ended March 31, 2026 results: revenue $38.7 million, net income $4.4 million.
  evidence_excerpt: solutions for the rental housing industry, today reported financial results for the three months ended March 31, 2026. First Quarter 2026 Highlights; • Total Revenue of $38.7 million was down 6% from the prior year, primarily attributable to a large hardware order which has no counterpart in the first quarter of 2026. Core Revenue of $36.6 million was
  evidence_url: https://www.sec.gov/Archives/edgar/data/1837014/000119312526207626/0001193125-26-207626-index.htm

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