← SmartRent, Inc.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $52.5m |
$110.6m
+110.60%
|
$167.8m
+51.69%
|
$236.8m
+41.13%
|
$174.9m
-26.16%
|
$152.3m
-12.90%
|
$151.2m
-0.74%
|
|
| Total cost of revenue | $56.8m |
$120.7m
+112.40%
|
$166.5m
+37.91%
|
$187.3m
+12.52%
|
$114.5m
-38.85%
|
$102.5m
-10.55%
|
— | |
| Gross Profit | ($4.3m) |
($10.1m)
-134.42%
|
$1.3m
+113.38%
|
$49.5m
+3574.26%
|
$60.3m
+21.82%
|
$49.9m
-17.35%
|
$55.0m
+10.25%
|
|
| Research and development | $9.4m | $21.6m | $29.4m | $28.8m | $29.4m | $26.2m | $23.2m | |
| Sales and marketing | $5.4m | $14.0m | $20.9m | $19.2m | $18.4m | $19.5m | — | |
| General and administrative | $16.6m | $26.0m | $55.3m | $44.7m | $54.3m | $43.2m | $36.3m | |
| Loss from operations | ($35.7m) |
($71.7m)
-100.62%
|
($104.3m)
-45.50%
|
($43.2m)
+58.60%
|
($41.8m)
+3.21%
|
($64.0m)
-53.16%
|
— | |
| Interest expense | — | — | — | ($397k) | ($400k) | ($378k) | $374k | |
| Interest income | — | — | — | $9.0m | $8.6m | $4.3m | $3.6m | |
| Loss before income taxes | ($37.0m) | ($71.8m) | ($101.7m) | ($34.7m) | ($33.4m) | ($60.5m) | — | |
| Income tax expense (benefit) | $149k | $115k | $5.4m | ($108k) | $267k | $41k | ($156k) | |
| Net loss | ($37.1m) | ($72.0m) | ($96.3m) | ($34.6m) | ($33.6m) | ($60.6m) | — | |
| Weighted-average number of shares used in computing net loss per share basic | 9k | 75k | 196k | (0) | (0) | (0) | — | |
| Weighted-average number of shares used in computing net loss per share diluted | 9k | 75k | 196k | (0) | (0) | (0) | — | |
| Net loss per common share basic | ($4) | ($1) | ($0) | ($0) | ($0) | ($0) | — | |
| Net loss per common share diluted | ($4) | ($1) | ($0) | ($0) | ($0) | ($0) | — | |
| Impairment charge | — | — | — | — | — | $24.9m | — | |
| Other (expense) income, net | ($685k) | $55k | $595k | ($116k) | $154k | ($462k) | — | |
| Foreign currency translation adjustment | $235k | ($226k) | ($185k) | ($40k) | $118k | $461k | — | |
| Comprehensive loss | ($36.9m) | ($72.2m) | ($96.5m) | ($34.6m) | ($33.5m) | ($60.1m) | — | |
| Total operating expense | $31.4m | $61.6m | $105.6m | $92.7m | $102.1m | $88.9m | $77.5m |