Smartrent, Inc. revenue by segment SMRT

Smartrent, Inc. splits its revenue 2 ways in its filings. By operating segments, the largest line in Q3 of fiscal 2026, the quarter ended Sep 30, 2026 was Smart Apartments at $33.5 million, 81% of the total. By sales mix, the largest line in Q3 of fiscal 2026, the quarter ended Sep 30, 2026 was Hardware at $18.5 million, 44% of the total.

USD in millions. The percent under a figure is the change from the same quarter a year earlier.

Line
TTM
Sep 30, 2026
Q3 FY2026
Sep 30, 2026
Q2 FY2026
Jun 30, 2026
Q1 FY2026
Mar 31, 2026
Q4 FY2025
Dec 31, 2025
Q3 FY2025
Sep 30, 2025
Q2 FY2025
Jun 30, 2025
Q1 FY2025
Mar 31, 2025
Q4 FY2024
Dec 31, 2024
Revenue
157
42
40
39
36
36
38
41
35
Operating segments
Smart Apartments
130
+4.8%
share 82.9%
34
+12.0%
share 80.6%
33
+4.3%
share 83.7%
32
-7.8%
share 83.7%
31
+13.7%
share 83.7%
30
share 82.6%
32
share 83.5%
35
share 84.9%
27
share 75.9%
Access Control
12
+62.0%
share 7.5%
5
+170.6%
share 11.3%
3
+31.5%
share 6.8%
2
+44.4%
share 6.1%
2
+8.7%
share 5.4%
2
share 4.8%
2
share 5.4%
2
share 4.0%
2
share 5.1%
Smart Operations Solutions
9
-13.3%
share 6.0%
2
-17.6%
share 5.2%
2
-12.6%
share 5.8%
2
-14.2%
share 6.2%
3
-9.3%
share 7.1%
3
share 7.3%
3
share 6.9%
3
share 6.8%
3
share 8.1%
Other Smart Communities Solutions
4
-49.6%
share 2.7%
1
-37.8%
share 2.9%
1
-9.2%
share 3.7%
2
-15.0%
share 3.9%
1
-60.3%
share 3.4%
2
share 5.3%
2
share 4.3%
2
share 4.3%
3
share 8.9%
Community Wifi
1
-66.3%
share 0.4%
0
-89.6%
share 0.1%
0
-13.8%
share 0.7%
0
share 0.5%
0
-81.8%
share 0.3%
0
share 1.2%
0
share 0.8%
—
1
share 1.9%
Sales mix
Hardware
—
18
+60.7%
share 44.5%
14
-10.0%
share 34.2%
15
-18.3%
share 39.8%
12
+20.3%
share 34.3%
12
share 31.8%
15
share 39.5%
19
share 45.5%
10
share 29.4%
Saa S-Smart Apartments
—
12
+17.1%
share 28.7%
12
+20.4%
share 30.2%
11
+13.3%
share 28.6%
—
10
share 28.1%
10
share 26.1%
10
share 23.6%
—
Professional Services
—
6
-8.0%
share 15.6%
9
+99.6%
share 21.7%
6
+55.0%
share 15.6%
6
-5.5%
share 16.1%
7
share 19.4%
4
share 11.3%
4
share 9.4%
6
share 17.6%
Saa S-Smart Operations
—
2
-17.6%
share 5.2%
2
-12.6%
share 5.8%
2
-14.2%
share 6.2%
—
3
share 7.3%
3
share 6.9%
3
share 6.8%
—
Saa S-All Other
—
2
+14.7%
share 3.9%
2
+12.3%
share 4.5%
2
+25.4%
share 4.6%
—
1
share 4.0%
2
share 4.2%
1
share 3.4%
—
Deferred Hub Amortization
—
1
-74.4%
share 2.1%
1
-68.5%
share 3.7%
2
-56.0%
share 5.3%
3
-47.8%
share 7.4%
3
share 9.5%
5
share 12.1%
5
share 11.3%
5
share 14.6%
How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry
Services-Computer Integrated Systems Design (SIC 7373)
Listed as
SMRT (NYSE)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
Phoenix, AZ
SEC filer status
Accelerated filer, Emerging growth company
SEC CIK
1837014
Former names
Fifth Wall Acquisition Corp. I (until Aug 24, 2021)

Other Services-Computer Integrated Systems Design companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.