← SmartRent, Inc.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | $38.6m | $430.8m | $210.4m | $215.2m | $142.5m | $104.5m | |
| Restricted cash, current portion | — | $1.3m | $7.1m | $495k | — | — | |
| Accounts receivable, net | $20.8m | $45.5m | $62.4m | $61.9m | $59.3m | $47.4m | |
| Inventory | $17.6m | $33.2m | $75.7m | $41.6m | $35.3m | $26.7m | |
| Prepaid expenses and other current assets | $3.8m | $17.4m | $9.2m | $9.4m | $11.9m | $6.2m | |
| Total current assets | $87.7m | $536.0m | $378.4m | $340.3m | $257.6m | $187.9m | |
| Property and equipment, net | $847k | $1.9m | $2.1m | $1.4m | $2.5m | $5.1m | |
| Goodwill | $4.2m | $12.7m | $117.3m | $117.3m | $117.3m | $92.3m | |
| Intangible assets, net | — | $3.6m | $31.1m | $27.2m | $23.4m | $19.5m | |
| Other long-term assets | $1.1m | $10.8m | $9.5m | $12.2m | $16.4m | $16.0m | |
| Deferred cost of revenue, current portion | $6.8m |
$7.8m
+15.53%
|
$13.5m
+72.83%
|
$11.8m
-12.90%
|
$8.7m
-26.00%
|
$3.1m
-64.84%
|
|
| Deferred cost of revenue | $10.1m |
$18.3m
+82.03%
|
$22.5m
+22.77%
|
$11.3m
-50.01%
|
$3.1m
-72.69%
|
$121k
-96.06%
|
|
| Accrued expenses and other current liabilities | $9.6m | $22.2m | $34.4m | $25.0m | $27.2m | $14.0m | |
| Deferred revenue | $34.2m | $53.4m | $59.9m | $45.9m | $52.6m | $23.0m | |
| Total assets | $103.8m | $579.7m | $560.8m | $509.8m | $420.2m | $320.9m | |
| Accounts payable | $2.3m | $6.1m | $18.4m | $15.1m | $8.7m | $13.0m | |
| Deferred revenue, current portion | $19.3m | $42.2m | $80.0m | $77.3m | $35.1m | $33.0m | |
| Current portion of long-term debt | $1.7m | — | — | — | — | — | |
| Total current liabilities | $32.8m | $70.6m | $132.8m | $117.3m | $71.0m | $60.0m | |
| Long-term debt, net | $3.2m | — | — | — | — | — | |
| Other long-term liabilities | $516k | $6.2m | $3.9m | $4.1m | $7.1m | $5.8m | |
| Total liabilities | $70.7m | $130.2m | $196.6m | $167.3m | $130.7m | $88.8m | |
| Convertible preferred stock, $0.0001 par value; 50,000 shares authorized as of December 31, 2025 and December 31, 2024; no shares of preferred stock issued and outstanding as of December 31, 2025 and December 31, 2024 | 111.4m | — | — | 0 | 0 | 0 | |
| Class A common stock, $0.0001 par value; 500,000 shares authorized as of December 31, 2025 and December 31, 2024, respectively; 189,677 and 192,049 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively | — | 19k | 20k | 20k | 19k | 19k | |
| Additional paid-in capital | $4.2m | $604.1m | $615.3m | $628.2m | $637.4m | $645.1m | |
| Accumulated deficit | ($82.6m) | ($154.6m) | ($250.9m) | ($285.5m) | ($347.8m) | ($413.3m) | |
| Accumulated other comprehensive loss | $235k | $9k | ($176k) | ($216k) | ($98k) | $363k | |
| Total liabilities, convertible preferred stock and stockholders' equity | $103.8m | $579.7m | $560.8m | $509.8m | $420.2m | $320.9m | |
| Total stockholders' equity | ($78.2m) | $449.5m | $364.2m | $342.4m | $289.4m | $232.1m |