Filing Flows › SmartRent (SMRT) › Q2 2026
SmartRent (SMRT) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
SmartRent (SMRT) reported revenue of $39.8M for the second quarter 2026 (Q2 2026), +4% from a year earlier and +3% from the quarter before. Operating margin was -16.2%, net loss $5.6M (14.2% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $39.8M | +3% | +4% |
| Operating profit | −$6.5M | — | — |
| Net earnings | −$5.6M | — | — |
| Operating cash flow | −$1.7M | — | — |
What changed
Revenue was $39.8M in Q2 2026, up 4% year over year and up 3% from the previous quarter. Smart Apartments was the largest line at 84% of revenue. Smart Apartments added $1.4M year over year (up 4%), 89% of the total change. Smart Operations Solutions declined 13%.
Operating costs exceeded revenue by $6.5M, an operating margin of -16.2%. Total costs fell 7% while revenue rose 4%. The quarter ended with a net loss of $5.6M, wider than the previous quarter's $4.4M loss.
Operating cash flow was −$1.7M. Non-cash charges added back $2.3M of depreciation and amortization and $3.2M of share-based compensation. Working capital and other items used $1.6M. Capital expenditures of $225K exceeded it, leaving free cash flow of −$1.9M.
Questions
What was SmartRent's revenue in the second quarter 2026?
SmartRent (SMRT) reported revenue of $39.8M for the second quarter 2026 (Q2 2026), +4% from a year earlier and +3% from the quarter before.
Was SmartRent profitable in the second quarter 2026?
Operating loss was $6.5M (-16.2% of revenue) and net loss $5.6M.
Source: SmartRent 10-Q on SEC EDGAR.