-
SmartRent posts Q1 net loss of $4.4M; adjusted EBITDA positive for second quarter
Revenue $38.7M (-6% YoY); Core Revenue $36.6M flat; ARR $60.9M (+9% YoY).
-
SmartRent Q4 rev $36.5M (+3% YoY), Adj EBITDA $0.2M positive; ARR up 13% to $61.6M
Q4 total revenue $36.5M (+3% YoY); SaaS revenue $15.4M (+13% YoY) drives growth.
-
SmartRent expects Q4 revenue of $36-37M, first YoY growth in 7 quarters; Adj EBITDA near breakeven
Revenue $36-37M, first year-over-year growth in seven quarters.
-
SmartRent Q3 revenue $36.2M (-11% YoY), net loss narrows to $6.3M, completes $30M cost cuts
Revenue $36.2M, down 11% YoY; SaaS revenue up 7% to $56.9M ARR.
-
SmartRent Q2 revenue down 21% to $38.3M; net loss widens to $10.9M
Revenue $38.3M (-21% YoY); SaaS revenue +10% to $14.2M; Hardware revenue -39% to $15.1M.
-
SmartRent appoints Frank Martell as President and CEO, effective June 16, 2025
Frank Martell, former loanDepot (NYSE: LDI) and CoreLogic CEO, named permanent President and CEO, replacing interim CEO John Dorman.
-
SmartRent Q1 revenue down 18% to $41.3M; net loss widens to $40.2M on $24.9M goodwill impairment
SaaS revenue up 17% to $14.0M, but total revenue fell 18% as hardware revenue dropped 35% to $18.8M.
-
SmartRent gets NYSE delisting notice for sub-$1.00 stock price; has 6 months to cure
Received NYSE notice on May 2, 2025 for non-compliance with minimum $1.00 average closing price over 30 trading days.
-
SmartRent CEO Paladin resigns; interim CEO named; Q1 revenue seen down 18-20% YoY
Shane Paladin stepped down as President, CEO, and Board member effective April 9, 2025.
-
SmartRent Q4 total revenue $35.4M (-41% YoY), SaaS up 17%; net loss widens to $(11.4)M
Total revenue $35.4M in Q4 2024, down 41% YoY; full year $174.9M, down 26%.
-
SmartRent names Shane Paladin President and CEO effective Feb 24, 2025
Paladin replaces interim CEO Daryl Stemm, who remains CFO; Stemm served as interim principal executive officer since July 2024.
-
SmartRent Q3 revenue falls 30% YoY to $40.5M; SaaS ARR rises 23% to $53M
Total revenue $40.5M (-30% YoY); SaaS revenue $13.3M (+23% YoY); net loss $(9.9)M vs $(7.7)M.
-
SmartRent Q2 SaaS ARR record $51.2M, net loss narrows, suspends guidance
Total revenue $48.5M (-9% YoY); SaaS revenue $12.8M (+32% YoY); record SaaS ARR $51.2M.
-
SmartRent CEO Lucas Haldeman departs; CFO Daryl Stemm named interim principal executive officer
CEO Lucas Haldeman departed and resigned from board effective July 29, 2024; search for new CEO initiated.
-
SmartRent CEO Lucas Haldeman steps down; Q2 revenue $48.5M misses guidance; FY2024 outlook suspended
Haldeman resigns as CEO and from Board; search for new CEO underway; Dorman appointed Chairman; operating committee formed.
-
SmartRent Q1 SaaS revenue +32% to $11.9M; Adj EBITDA positive $0.4M
SaaS revenue $11.9M (+32% YoY), SaaS ARR record $47.6M, ARPU $5.41 (+4%).
-
SmartRent Q1 SaaS revenue up 32% to $11.9M; net loss narrows 42% to $7.7M
SaaS ARR hit a record $47.6M; SaaS gross margin improved to 75.1% from 73.4%.
-
SmartRent Q4 revenue up 49% YoY, first positive Adjusted EBITDA; $50M buyback authorized
Q4 revenue $60.3M (+49% YoY); SaaS revenue $11.6M (+43% YoY).
-
SmartRent appoints Daryl Stemm CFO; CFO Okamoto and director Best resign
CFO Hiroshi Okamoto stepped down Nov 14; will consult through Dec 31, 2023; receives $100K severance plus continued equity vesting.
-
SmartRent Q3 revenue $58.1M (+22% YoY); Adj. EBITDA loss narrows; guides to Q4 profitability
Revenue $58.1M (+22% YoY); net loss $(7.7)M, 70% improvement YoY.
-
SmartRent Q2 revenue $53.4M (+26% YoY); Adj. EBITDA loss narrows 68%; tightens FY guidance
Revenue $53.4M (+26% YoY); gross profit $9.9M (+900% YoY); net loss $(10.3)M, 60% better YoY.
-
SmartRent Q1 revenue $65.1M (+74% YoY); adjusted EBITDA loss narrows to $8.5M; guides FY revenue $225-250M
Revenue $65.1M, up 74% YoY and 60% QoQ; record quarter.
-
SmartRent reports FY 2022 revenue up 52% to $167.8M; SaaS revenue up 251%
FY revenue $167.8M (+52% YoY); Q4 revenue $40.6M (+17% YoY).
-
SmartRent Q3 revenue $47.5M record, up 12% QoQ; narrows full-year guidance to high end
Record total revenue $47.5M, up 12% sequentially and 35% YoY; SaaS ARR $31.8M (+264% YoY).
-
SmartRent Q2 revenue up 96% to $42.4M, net loss widens; cuts 2022 outlook on supply chain
Record Q2 revenue $42.4M (+96% YoY); SaaS ARR $30.6M (+337%); net loss widened to $25.6M.
-
SmartRent Q1 revenue $37.4M (+95% YoY); net loss $(23.4)M; record bookings $72M
Revenue $37.4M, up 95% YoY; net loss $(23.4)M vs $(9.3)M; adjusted EBITDA loss $(23.1)M vs $(8.4)M.
-
SmartRent acquires SightPlan for $135M; Q4 revenue up 155% to $34.7M
Acquired SightPlan for $135M cash (closed 3/22/22); expected to add ~$10M SaaS revenue in 2022.
-
SmartRent raises FY2021 revenue guidance to $106-$109M; units deployed up 100% YoY
Preliminary FY2021 revenue range $106M-$109M, above prior guidance of $100M-$105M.
-
SmartRent enters $75M revolving credit facility with 5-year term
Revolving credit facility of $75M; interest rate Term SOFR + 1.85%-2.35% based on liquidity.
-
SmartRent Q3 revenue $35.1M (+112% YoY); cuts FY revenue guidance to $100-105M on supply chain
Revenue $35.1M (+112% YoY); net loss $(0.31)/share vs $(1.07); adjusted EBITDA $(16.1)M.
-
SmartRent completes SPAC merger with Fifth Wall Acquisition; begins trading on NYSE under SMRT
Business combination closed Aug 24, 2021; Legacy SmartRent became wholly owned subsidiary of SmartRent, Inc.
-
SmartRent completes SPAC merger with FWAA; receives $155M PIPE; begins trading Aug 25
FWAA stockholders approved merger; 246 shares redeemed for ~$10 each ($2,460 total).
-
SmartRent completes SPAC merger with Fifth Wall, receives ~$450M cash; SMRT begins NYSE trading
Completed business combination with FWAA; begins trading on NYSE under SMRT on Aug 25, 2021.