SMRT SmartRent Inc - Ordinary Shares - Class A

$SMRT Q3 '26 Earnings Results & Recap • Reported GAAP EPS of -$0.02 up 33.33% YoY • Reported revenue of $40.69M up 24.13% YoY • SmartRent's Q4 2026 outlook is total revenue year-over-year growth of 15% to 20%, Core Revenue growth of 20% to 25% compared with the prior year, and Adjusted EBITDA year-over-year growth of 450% to 650%.

$SMRT Q3 earnings tomorrow morning will be a classic battle between backward-looking headlines and forward-looking SaaS metrics. The key risk? The 6-9 month installation drag. Management warned last ER that summer's strong bookings won't hit revenue yet because physical hubs/locks must be installed first. This means headline revenue might look soft, potentially triggering algos to dump and try to fill the $1.00-$1.15 gap. BUT look past the headlines. Management anticipated this "revenue blind spot" while executing their high-margin SaaS pivot. That's exactly why they launched the $25M buyback (nearly 10% of float) and why insiders have been buying aggressively with their own cash (CEO bought at $1.42, Directors at $1.11). If algos flush it down to a $1 over backward-looking data, management has the cash and the motive to aggressively defend. Watch SaaS Bookings backlog and ARR tomorrow, not just total revenue. #SMRT #Earnings

$SMRT SmartRent Q3 revenue 41.6M, up 15%, with core revenue 40.7M vs 32.8M. Adjusted EBITDA was +1.1M vs -2.9M a year ago, and operating cash flow was +2.9M for the quarter. Bought back 2.5M shares for 3.4M in Q3 (6.8M spent so far this year). Q4 outlook: revenue up 15% to 20%. The offsets: still a net loss (3.9M in Q3, 14.0M for nine months), nine-month revenue up only about 4%, and cash 89.2M vs 104.6M at year end. Release: https://www.sec.gov/Archives/edgar/data/1837014/000119312526446250/smrt-ex99_1.htm