All three tenses have at least two readings, so the archetype blend applies as printed.
Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.
What did they actually do?
Has it survived what it has been through?
4 warning events since 2020; the latest 2025-05-05.
From the record
SmartRent, Inc.'s filings since 2020 show 4 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, 2 times, the latest 2025-05-05); an auditor change (8-K item 4.01, 2 times, the latest 2021-08-31) (its current reports).
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What has it actually done, year after year?
+23.7% a year over 6 filed years; profitable in 0 of 6.
From the record
SmartRent, Inc.'s 6 filed years say what it did: revenue went from $53 million in fiscal 2020 to $152 million in fiscal 2025, up 23.7% a year; it rose in 3 of 5 years; the deepest fall was 36% from fiscal 2023 to fiscal 2025; net income was positive in 0 of 6 of those years (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How has it treated the people who own it?
SI estimate 8.1/10, confidence 35 of 100 (one part).
SI estimate Inferred, not read as filed
From the record
SI estimate, not a filed reading: SmartRent, Inc.'s shareholder treatment is put at 8.1 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the top 19% of 41 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.
What are they doing right now?
Is it financially healthy right now?
ROE -26%: lost 26¢ per shareholder dollar. Leverage 28%: owes 28¢ per asset dollar.
From the record
Return on equity: in the fiscal year ended 2025-12-31, SmartRent, Inc. lost about 26 cents for every dollar of shareholders' money, and gross profitability: its products earned about 16 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 28 cents per dollar of assets, and net share issuance: its share count shrank 4.8% over the year (the filed statements).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How strong is its position in its industry?
bottom 42% of 40 in its family; net margin -39.8%.
From the record
SmartRent, Inc.'s standing among 40 graded names in its industry family: revenue of $152 million in fiscal 2025 ranks in the top 49% by size; a net margin of -39.8% ranks in the bottom 39%; revenue growth of -3.2% a year over the last 3 filed years ranks in the bottom 36% (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are the people in charge doing?
bottom 20% of 26 in its family for leadership; chief executive since 2025.
From the record
SmartRent, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Martell, Frank (Chief Executive Officer, as filed), filing under that title since 2025-06-16, 1.4 years (bottom 28% of its family); the 13 officers and directors filing in the last fifteen months have been on the record a median of 1.8 years (bottom 14%); 14 officer or director changes were reported on Form 8-K since 2023-11-13, against the 13 people in charge now (bottom 19%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are they set up to do next?
How much room does it have to grow?
top 47% of 39 in its family for room to expand.
From the record
SmartRent, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $105 million against no long-term debt tagged leaves 32.6% of its assets as net cash, top 18% of its family; cash from operations less capital spending is -16.5% of revenue (bottom 40%); a gross margin of 32.7% (bottom 47%); research spending of 17.2% of revenue (bottom 44%) (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What could actually drive growth from here?
bottom 37% of 38 in its family for growth drivers.
From the record
SmartRent, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -3.2% a year over the last three filed years against 23.7% over all 6, slowing (bottom 15% of its family); the newest year grew -12.9% (bottom 12%); research spending grew -3.8% a year (bottom 27%); capital spending grew 47.2% a year (top 7%) (its annual reports). SmartRent, Inc. reported 3 product lines in fiscal 2025: Hosted Services at $73 million (48%), Hardware at $58 million (38%), Professional Services at $21 million (14%); 1 of 3 grew against the year before (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
Did its newest year beat what its own record pointed to?
bottom 19% of 32 in its family for expectations against reality.
From the record
SmartRent, Inc.'s newest year against its own record: revenue of $152 million in fiscal 2025 came in 14.7% below the $179 million its prior three years' pace pointed to (bottom 11% of its family); net income of $61 million against a prior three-year average of $55 million (bottom 26%); a net margin of -39.8% against -30.4% before (bottom 20%) (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made