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SmartRent (SMRT) Revenue & Revenue Breakdown

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SmartRent Revenue Highlights

Latest Revenue (Y)

$152.33M

Latest Revenue (Q)

$39.84M

Main Segment (Y)

Hosted Services

Main Geography (Y)

UNITED STATES

SmartRent Revenue by Period

SmartRent Revenue by Year

DateRevenueChange
2025-12-31$152.33M-12.90%
2024-12-31$174.88M-26.16%
2023-12-31$236.84M41.13%
2022-12-31$167.82M51.69%
2021-12-31$110.64M110.60%
2020-12-31$52.53M44.99%
2019-12-31$36.23M-

SmartRent generated $152.33M in revenue during NA 2025, up -12.90% compared to the previous quarter, and up 289.96% compared to the same period a year ago.

SmartRent Revenue by Quarter

DateRevenueChange
2026-06-30$39.84M3.00%
2026-03-31$38.68M6.06%
2025-12-31$36.47M0.75%
2025-09-30$36.20M-5.50%
2025-06-30$38.31M-7.34%
2025-03-31$41.34M16.90%
2024-12-31$35.37M-12.69%
2024-09-30$40.51M-16.51%
2024-06-30$48.52M-3.90%
2024-03-31$50.49M-16.21%
2023-12-31$60.25M3.70%
2023-09-30$58.10M8.80%
2023-06-30$53.40M-17.94%
2023-03-31$65.08M60.49%
2022-12-31$40.55M-14.63%
2022-09-30$47.50M12.01%
2022-06-30$42.41M13.52%
2022-03-31$37.36M7.76%
2021-12-31$34.67M-1.32%
2021-09-30$35.13M62.07%
2021-06-30$21.68M13.14%
2021-03-31$19.16M40.87%
2020-12-31$13.60M-18.01%
2020-09-30$16.59M186.44%
2020-06-30$5.79M-65.02%
2020-03-31$16.55M-

SmartRent generated $39.84M in revenue during Q2 2026, up 3.00% compared to the previous quarter, and up 96.37% compared to the same period a year ago.

SmartRent Revenue Breakdown

SmartRent Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 25Dec 24Dec 23Dec 22Dec 21
Professional Services$26.17M$31.16M$55.49M$32.30M$22.73M
Hardware$57.97M$82.84M$137.20M$87.37M$69.63M
Hosted Services$73.22M$73.24M$64.16M$48.15M$18.28M

SmartRent's latest annual revenue breakdown by segment (product or service), as of Dec 25: Hosted Services (46.53%), Hardware (36.84%), and Professional Services (16.63%).

Quarterly Revenue by Product

Product/ServiceJun 26Mar 26Dec 25Jun 25Mar 25Dec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
Hardware$13.62M$15.38M$24.00M$15.14M$18.83M$35.06M$18.71M$29.08M$36.46M$35.63M$27.79M$37.33M$17.68M$26.68M$20.89M$22.11M$21.18M$22.02M
Professional Services$8.64M$6.03M$12.64M$6.24M$7.29M$17.87M$6.84M$6.45M$21.55M$11.13M$10.05M$12.77M$8.79M$7.48M$9.12M$6.91M$7.39M$8.18M
Hosted Services$17.58M$17.27M$35.76M$18.84M$18.62M$36.79M$18.50M$17.95M$17.10M$16.51M$15.56M$14.98M$14.08M$13.34M$12.39M$8.34M$6.10M$4.93M

SmartRent's latest quarterly revenue breakdown by segment (product or service), as of Jun 26: Hosted Services (44.13%), Hardware (34.19%), and Professional Services (21.67%).

SmartRent Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 25Dec 24Dec 23Dec 22Dec 21
Non-US$161.00K$1.68M$1.28M$2.03M-
UNITED STATES$152.16M$173.21M$235.55M$165.79M-
U S----$108.07M
Non Us----$2.56M

SmartRent's latest annual revenue breakdown by geography, as of Dec 25: UNITED STATES (99.89%), and Non-US (0.11%).

Quarterly Revenue by Country

CountryJun 26Mar 26Dec 25Jun 25Mar 25Dec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
UNITED STATES$39.84M$38.62M$72.56M$38.29M$41.32M$82.88M$40.03M$50.30M$59.94M$58.06M$52.63M$64.93M$40.32M$47.10M$41.93M---
Non-US$62.00K$62.00K$117.00K$20.00K$24.00K$1.01M$480.00K$188.00K$316.00K$48.00K$775.00K$146.00K$234.00K$404.00K$476.00K---
U S---------------$36.45M$33.96M$34.25M
Non Us---------------$912.00K$704.00K$885.00K

SmartRent's latest quarterly revenue breakdown by geography, as of Jun 26: UNITED STATES (99.84%), and Non-US (0.16%).

SmartRent Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
UISUnisys$1.95B$473.50M
EGHT8x8$735.75M$190.17M
WALDWaldencast$218.14M$68.30M
SMRTSmartRent$152.33M$39.84M
ASURAsure Software$140.54M$37.11M
TRAKReposiTrak$22.61M$5.88B
ALTSALT5 Sigma$12.53M$5.42M
AZA2Z Cust2Mate Solutions$11.38M$2.07M

SMRT Revenue FAQ

What is SmartRent’s yearly revenue?

SmartRent's yearly revenue for 2025 was $152.33M, representing a decrease of -12.90% compared to 2024. The company's yearly revenue for 2024 was $174.88M, representing a decrease of -26.16% compared to 2023. SMRT's yearly revenue for 2023 was $236.84M, representing an increase of 41.13% compared to 2022.

What is SmartRent’s quarterly revenue?

SmartRent's quarterly revenue for Q2 2026 was $39.84M, a 3.00% increase from the previous quarter (Q1 2026), and a 4.01% increase year-over-year (Q2 2025). The company's quarterly revenue for Q1 2026 was $38.68M, a 6.06% increase from the previous quarter (Q4 2025), and a -6.44% decrease year-over-year (Q1 2025). SMRT's quarterly revenue for Q4 2025 was $36.47M, a 0.75% increase from the previous quarter (Q3 2025), and a 3.12% increase year-over-year (Q4 2024).

What is SmartRent’s revenue growth rate?

SmartRent's revenue growth rate for the last 3 years (2023-2025) was -35.68%, and for the last 5 years (2021-2025) was 37.68%.

What are SmartRent’s revenue streams?

SmartRent's revenue streams in c 25 are Professional Services, Hardware, and Hosted Services. Professional Services generated $26.17M in revenue, accounting 16.63% of the company's total revenue, down -16.02% year-over-year. Hardware generated $57.97M in revenue, accounting 36.84% of the company's total revenue, down -30.02% year-over-year. Hosted Services generated $73.22M in revenue, accounting 46.53% of the company's total revenue, down -0.02% year-over-year.

What is SmartRent’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of SmartRent was Hosted Services. This segment made a revenue of $73.22M, representing 46.53% of the company's total revenue.