SMARTRENT INC CLASS A (SMRT)
Information Technology · Residential property management software and IoT · NYSE
SmartRent provides an integrated cloud platform and smart building hardware enabling multifamily and single-family rental property managers to automate operations, reduce costs, and deliver smart home amenities to residents.
What SMARTRENT INC CLASS A does
SmartRent is an enterprise real estate technology company providing a comprehensive cloud-based SaaS platform and smart building hardware for property owners, managers, and residents. The platform integrates smart home devices, access control, WiFi, work order management, and resident services through centrally connected Hub Devices using an open-architecture, brand-agnostic approach. As of December 2025, the company serves approximately 600 customers managing 6.6 million rental units, primarily in the U.S. multifamily residential and single-family rental sectors.
Themes: ["Smart building / smart home technology","Property management SaaS","Residential real estate technology","IoT integration and connectivity","Operational efficiency / cost reduction","Multifamily housing"]
Fundamentals
- Price$1.05 as of 2026-07-09 close
- Market cap$202M as of 2026-07-10
- 1-year return-3.7% as of 2026-07-09 close
- Net margin-16.6% as of 2026-07-10
- Gross margin+34.4% as of 2026-07-10
- ROE-10.6% as of 2026-07-10
- Debt / equity0.00 as of 2026-07-10
- Revenue growth (YoY)-9.7% as of 2026-07-10
- Revenue CAGR (3y)-3.2% SEC XBRL
- Beta1.53 as of 2026-07-10
Key risks (from latest filing)
["Company is currently unprofitable with negative 16.59% net margin and declining revenue (-9.7% YoY), raising uncertainty about path to profitability and cash burn sustainability","Fragmented competitive market with many point-solution competitors and potential for large technology platforms to enter the residential smart home space","Dependence on successful integration of hardware and software across third-party smart devices and existing property management systems, with risks of service disruptions or product failures"]
Competitors & peers
- Yardi Systems (private)
- AppFolio (APPF)
- Lemonade Insurance (LMND)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.