SmartRent releases transcript of Q2 2026 earnings call

Reuters2026/08/06 22:18

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SmartRent’s Q2 2026 earnings call drew CEO Frank Martell, CFO Daryl Stemm, IR head Kelly Reisdorf, KBW analyst Ryan Tomasello.
Core revenue rose 14% to USD 38 million; SaaS revenue rose 13% to USD 16 million, over 40% of revenue; ARR climbed to USD 65 million.
Installed IoT footprint grew 10% to nearly 930,000 units; management expects to exceed 1 million installed units in the first half of next year.
Units booked topped 48,000; trailing-12-month bookings rose 40% to about 112,000 units, helped by timing of a few larger orders.
Cash totaled USD 93 million with no debt; SmartRent repurchased 3 million shares for USD 3 million, then expanded authorization to USD 25 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SmartRent Inc. published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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SmartRent releases transcript of Q2 2026 earnings call

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