Filing Flows › SmartRent (SMRT) › Q3 2026
SmartRent (SMRT) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
SmartRent (SMRT) reported revenue of $41.6M for the third quarter 2026 (Q3 2026), +15% from a year earlier and +4% from the quarter before. Operating margin was -11.6%, net loss $3.9M (9.4% of revenue).
SmartRent, Q3 2026: revenue $41.6M (+15% year over year), operating margin -11.6%, net loss $3.9M, operating cash flow $2.9M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $41.6M | +4% | +15% |
| Operating profit | −$4.8M | — | — |
| Net earnings | −$3.9M | — | — |
| Operating cash flow | $2.9M | — | — |
| Free cash flow | $2.6M | — | — |
What changed
Revenue was $41.6M in Q3 2026, up 15% year over year and up 4% from the previous quarter. Smart Apartments was the largest line at 81% of revenue. Smart Apartments added $3.6M year over year (up 12%), 67% of the total change. Other Smart Communities Solutions declined 38%.
Operating costs exceeded revenue by $4.8M, an operating margin of -11.6%. Total costs grew 7% against revenue growth of 15%. The fastest-growing cost line was General & admin (+76%). The quarter ended with a net loss of $3.9M, narrower than the previous quarter's $5.6M loss.
Operating cash flow was $2.9M. Non-cash charges added back $2.2M of depreciation and amortization and $3.2M of share-based compensation. Working capital and other items added $1.4M. Capital expenditures of $227K left free cash flow of $2.6M.
Questions
What was SmartRent's revenue in the third quarter 2026?
SmartRent (SMRT) reported revenue of $41.6M for the third quarter 2026 (Q3 2026), +15% from a year earlier and +4% from the quarter before.
Was SmartRent profitable in the third quarter 2026?
Operating loss was $4.8M (-11.6% of revenue) and net loss $3.9M.
Source: SmartRent 10-Q on SEC EDGAR.