SmartRent Q3 revenue rises 15% to $41.6 million; net loss narrows to $3.9 million
SmartRent reported third-quarter 2026 results on November 4, 2026. Total revenue rose 15% to $41.6 million, the net loss narrowed 38% to $3.9 million, and Adjusted EBITDA was $1.1 million, compared with a $2.9 million loss a year earlier. The company also guided to fourth-quarter total revenue growth of 15% to 20% and Adjusted EBITDA growth of 450% to 650%, which shareholders can compare against the reported quarter.
Key points
- Total revenue of $41.6 million, up 15% from $36.2 million; Core Revenue of $40.7 million, up 24%
- Net loss of $3.9 million versus $6.3 million a year earlier; gross margin of 41.2% versus 26.4%
- Fourth-quarter 2026 outlook: total revenue growth of 15% to 20% and Adjusted EBITDA growth of 450% to 650%
- Ended the quarter with $89.2 million in cash; repurchased 2.5 million shares for $3.4 million
The filing
Written by AI on Nov 9, 2026, 11:45 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.