SmartRent annual free cash flow
2020
2021
2022
2023
2024
2025
SmartRent Free Cash Flow (FCF) History (SMRT)
SmartRent reported −$25.1M in free cash flow for fiscal 2025, an increase of $9.6M from the previous fiscal year, with a free cash flow margin of −16.50%.
View full SmartRent company overviewSmartRent free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | −$25.1M | $9.6M | — | −16.50% |
| 2024 | 2024-12-31 | −$34.7M | −$40.5M | — | −19.83% |
| 2023 | 2023-12-31 | $5.8M | $84.8M | — | +2.46% |
| 2022 | 2022-12-31 | −$78.9M | −$7.1M | — | −47.04% |
| 2021 | 2021-12-31 | −$71.8M | −$43.1M | — | −64.94% |
| 2020 | 2020-12-31 | −$28.8M | — | — | −54.80% |
SmartRent quarterly free cash flow
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$1.9M | $14.3M | — | −4.80% |
| Q1 2026 | 2026-03-31 | −$4.6M | $9.8M | — | −11.82% |
| Q4 2025 | 2025-12-31 | $7.7M | $20.9M | — | +20.99% |
| Q3 2025 | 2025-09-30 | −$2.2M | $1.7M | — | −6.14% |
| Q2 2025 | 2025-06-30 | −$16.2M | −$2.1M | — | −42.32% |
| Q1 2025 | 2025-03-31 | −$14.3M | −$11.0M | — | −34.71% |
| Q4 2024 | 2024-12-31 | −$13.3M | −$20.6M | — | −37.49% |
| Q3 2024 | 2024-09-30 | −$3.9M | −$18.2M | — | −9.71% |
| Q2 2024 | 2024-06-30 | −$14.1M | −$8.7M | — | −29.10% |
| Q1 2024 | 2024-03-31 | −$3.4M | $6.9M | — | −6.68% |
| Q4 2023 | 2023-12-31 | $7.3M | $6.1M | +491.91% | +12.14% |
| Q3 2023 | 2023-09-30 | $14.3M | $59.1M | — | +24.53% |
| Q2 2023 | 2023-06-30 | −$5.4M | $885,000 | — | −10.14% |
| Q1 2023 | 2023-03-31 | −$10.3M | $18.7M | — | −15.85% |
| Q4 2022 | 2022-12-31 | $1.2M | $30.5M | — | +3.05% |
| Q3 2022 | 2022-09-30 | −$44.9M | −$21.3M | — | −94.44% |
| Q2 2022 | 2022-06-30 | −$6.3M | $4.7M | — | −14.86% |
| Q1 2022 | 2022-03-31 | −$29.0M | −$21.0M | — | −77.68% |
| Q4 2021 | 2021-12-31 | −$29.3M | — | — | −84.37% |
| Q3 2021 | 2021-09-30 | −$23.6M | — | — | −67.10% |
| Q2 2021 | 2021-06-30 | −$11.0M | — | — | −50.91% |
| Q1 2021 | 2021-03-31 | −$8.0M | — | — | −41.70% |
SmartRent free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from −$28.8M to −$25.1M, a net increase of $3.7M. SmartRent's latest reported quarter, Q2 2026, generated −$1.9M in free cash flow, an increase of $14.3M year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review SmartRent filings at SEC.gov ↗