SMRT
Income statement / Annual
Last year (2024), SmartRent, Inc.'s total revenue was $174.89 M,
a decrease of 26.16% from the previous year.
In 2024, SmartRent, Inc.'s net income was -$33.64 M.
See SmartRent, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
| Operating Revenue |
$174.89 M |
$236.84 M |
$167.82 M |
$110.64 M |
$52.53 M |
$36.23 M |
| Cost of Revenue |
$114.55 M
|
$187.31 M
|
$166.47 M
|
$120.71 M
|
$56.83 M
|
$37.29 M
|
| Gross Profit |
$60.34 M
|
$49.53 M
|
$1.35 M
|
-$10.07 M
|
-$4.30 M
|
-$1.06 M
|
| Gross Profit Ratio |
0.35
|
0.21
|
0.01
|
-0.09
|
-0.08
|
-0.03
|
| Research and Development Expenses |
$29.37 M
|
$28.81 M
|
$29.42 M
|
$21.57 M
|
$9.41 M
|
$7.73 M
|
| General & Administrative Expenses |
$54.30 M
|
$44.67 M
|
$55.31 M
|
$25.99 M
|
$16.58 M
|
$12.38 M
|
| Selling & Marketing Expenses |
$18.45 M
|
$19.21 M
|
$20.87 M
|
$14.02 M
|
$5.43 M
|
$3.26 M
|
| Selling, General & Administrative Expenses |
$72.74 M
|
$63.88 M
|
$76.18 M
|
$40.01 M
|
$22.01 M
|
$15.65 M
|
| Other Expenses |
$0.00
|
$0.00
|
$595,000.00
|
$55,000.00
|
-$685,000.00
|
$0.00
|
| Operating Expenses |
$102.11 M
|
$92.69 M
|
$105.60 M
|
$61.58 M
|
$31.42 M
|
$29.05 M
|
| Cost And Expenses |
$216.66 M
|
$280.00 M
|
$272.07 M
|
$182.29 M
|
$88.25 M
|
$66.34 M
|
| Interest Income |
$8.24 M
|
$0.00
|
$1.95 M
|
$249,000.00
|
$559,000.00
|
$158,000.00
|
| Interest Expense |
$0.00
|
$0.00
|
$1.95 M
|
$249,000.00
|
$559,000.00
|
$0.00
|
| Depreciation & Amortization |
$6.50 M
|
$5.53 M
|
$5.67 M
|
$1.08 M
|
$756,000.00
|
$59,000.00
|
| EBITDA |
-$35.28 M |
-$37.63 M |
-$96.04 M |
-$71.13 M |
-$35.65 M |
-$24.38 M |
| EBITDA Ratio |
-0.2
|
-0.16
|
-0.57
|
-0.64
|
-0.68
|
-0.67
|
| Operating Income Ratio |
-0.24
|
-0.18
|
-0.62
|
-0.65
|
-0.68
|
-0.67
|
| Total Other Income/Expenses Net |
$8.40 M
|
$8.46 M
|
$2.54 M
|
-$194,000.00
|
-$1.24 M
|
-$427,000.00
|
| Income Before Tax |
-$33.38 M
|
-$34.70 M
|
-$101.71 M
|
-$71.85 M
|
-$36.96 M
|
-$30.26 M
|
| Income Before Tax Ratio |
-0.19
|
-0.15
|
-0.61
|
-0.65
|
-0.7
|
-0.84
|
| Income Tax Expense |
$267,000.00
|
-$108,000.00
|
-$5.39 M
|
$115,000.00
|
$149,000.00
|
$3.21 M
|
| Net Income |
-$33.64 M
|
-$34.59 M
|
-$96.32 M
|
-$71.96 M
|
-$37.11 M
|
-$33.47 M
|
| Net Income Ratio |
-0.19
|
-0.15
|
-0.57
|
-0.65
|
-0.71
|
-0.92
|
| EPS |
-0.17 |
-0.17 |
-0.49 |
-0.37 |
-3.58 |
-36.34 |
| EPS Diluted |
-0.17 |
-0.17 |
-0.49 |
-0.37 |
-3.58 |
-36.34 |
| Weighted Average Shares Out |
$199.18 M
|
$200.70 M
|
$195.58 M
|
$193.86 M
|
$10.38 M
|
$921,000.00
|
| Weighted Average Shares Out Diluted |
$199.18 M
|
$200.70 M
|
$195.58 M
|
$193.86 M
|
$10.38 M
|
$921,000.00
|
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