Filing Flows › SmartRent (SMRT) › Q2 2026 › vs Q2 2025
SmartRent (SMRT) Q2 2026 vs Q2 2025 (year over year)
SmartRent's revenue rose $1.5M (+4%) from $38.3M in Q2 2025 to $39.8M in Q2 2026. The biggest changes: Smart Apartments +$1.4M (+4%); Access Control +$654K (+32%); Smart Operations Solutions −$331K (-13%).
SmartRent, Q2 2026: revenue $39.8M (+4% year over year), operating margin -16.2%, net loss $5.6M, operating cash flow −$1.7M. The chart draws each line against Q2 2025, the increases inside each band.
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Smart Apartments | $33.3M | $32.0M | $1.4M | +4% |
| Access Control | $2.7M | $2.1M | $654K | +32% |
| Smart Operations Solutions | $2.3M | $2.6M | −$331K | -13% |
| Other Smart Communities Solutions | $1.5M | $1.6M | −$151K | -9% |
| Revenue | $39.8M | $38.3M | $1.5M | +4% |
| Other income, net | $658K | $792K | −$134K | -17% |
| Income tax benefit | $162K | $33K | $129K | +391% |
| Net loss | $5.6M | $10.9M | −$5.2M | -48% |
| Costs & expenses | $46.3M | $50.0M | −$3.7M | -7% |
| Operating costs | $46.3M | $50.0M | −$3.7M | -7% |
| Cost of revenue | $23.6M | $25.6M | −$2.0M | -8% |
| Research & development | $5.6M | $6.5M | −$883K | -14% |
| Sales & marketing | $5.2M | $6.4M | −$1.1M | -18% |
| General & admin | $11.9M | $11.5M | $361K | +3% |
| Operating cash sources | $7.2M | $19.2M | −$11.9M | -62% |
| Depreciation & amortization | $2.3M | $2.1M | $225K | +11% |
| Share-based compensation | $3.2M | $2.2M | $1.1M | +50% |
| Cash used in operations | $1.7M | $14.9M | −$13.2M | -89% |
| Net loss absorbed | $5.6M | $10.9M | −$5.2M | -48% |
| Working capital & other | $1.6M | $8.3M | −$6.7M | -81% |
Questions
How much did SmartRent's revenue grow year over year in Q2 2026?
SmartRent's revenue rose $1.5M (+4%) from $38.3M in Q2 2025 to $39.8M in Q2 2026.
What drove SmartRent's revenue change in Q2 2026?
Smart Apartments +$1.4M (+4%); Access Control +$654K (+32%); Smart Operations Solutions −$331K (-13%).