secwatch.observer — SEC 8-K summary
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Issuer:     SmartRent, Inc. (SMRT)
CIK:        0001837014
Form:       8-K
Filed at:   2026-08-05T12:06:19+00:00
Accession:  0001193125-26-333913
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SmartRent Q2 2026: Core Revenue up 14%, Adjusted EBITDA turns positive, units booked surge 98%
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- Core Revenue $38.4M (+14% YoY); Total Revenue $39.8M (+4%); ARR $64.5M (+13%).
- Gross margin 40.7% (+760 bps); Adjusted EBITDA $0.7M vs -$7.3M loss; Net loss improved 48% to $5.6M.
- Units Booked Q2 48,254 (+98% YoY); TTM units booked 112,560 (+40%); installed base 929,487 units (+10%).
- Cash $92.7M, no debt, $75M undrawn credit facility; repurchased 2.8M shares for $3.4M; new $25M buyback authorization.
- Management expects H2 2026 Core Revenue and profitability substantially stronger than H2 2025; on track to exceed 1M installed units in H1 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1837014/000119312526333913/0001193125-26-333913-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1837014/000119312526333913/smrt-20260805.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-333913

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer