SmartRent annual net debt
2020
2021
2022
2023
2024
2025
SmartRent Net Debt Growth & History (SMRT)
SmartRent's net debt was −$97.5M for fiscal 2025.
View full SmartRent company overviewSmartRent annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$97.5M | $37.3M | — |
| 2024 | 2024-12-31 | −$134.9M | $77.5M | — |
| 2023 | 2023-12-31 | −$212.4M | −$6.3M | — |
| 2022 | 2022-12-31 | −$206.0M | $221.6M | — |
| 2021 | 2021-12-31 | −$427.6M | −$391.2M | — |
| 2020 | 2020-12-31 | −$36.5M | — | — |
SmartRent quarterly net debt
Q4.20
Q3.21
Q4.21
Q4.22
Q4.23
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$87.4M | $11.2M | — |
| Q1 2026 | 2026-03-31 | −$93.4M | $25.5M | — |
| Q4 2025 | 2025-12-31 | −$97.5M | $37.3M | — |
| Q3 2025 | 2025-09-30 | −$93.9M | $61.6M | — |
| Q2 2025 | 2025-06-30 | −$98.6M | — | — |
| Q1 2025 | 2025-03-31 | −$118.9M | — | — |
| Q4 2024 | 2024-12-31 | −$134.9M | $77.5M | — |
| Q3 2024 | 2024-09-30 | −$155.5M | — | — |
| Q4 2023 | 2023-12-31 | −$212.4M | −$6.3M | — |
| Q4 2022 | 2022-12-31 | −$206.0M | $221.6M | — |
| Q4 2021 | 2021-12-31 | −$427.6M | −$391.2M | — |
| Q3 2021 | 2021-09-30 | −$470.3M | — | — |
| Q4 2020 | 2020-12-31 | −$36.5M | — | — |
SmartRent net debt trends
Over the last five fiscal years, SmartRent's net debt decreased from −$36.5M to −$97.5M, a change of −$61.0M. The latest reported quarter, Q2 2026, shows −$87.4M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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