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Smartrent Inc's Business Segments
Smartrent Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of Q1 FY2026
Reportable Segments
2
Largest Segment
Reportable Segment Aggregation Before Other Operating Segment
Total Revenue
$ 39
Countrys Reported
1
Revenue Share by Reportable Segment - Q1 FY2026
- Reportable Segment Aggregation Before Other Operating Segment100%
- Community WiFi0.5%
Revenue by Reportable Segment - Q1 FY2026
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Reportable Segment Aggregation Before Other Operating Segment | $ 39 | 100% |
| Community WiFi | $ 0 | 0.5% |
Revenue Share by Country - Q1 FY2026
- US99.8%
Revenue by Geographic Country - Q1 FY2026
| Country | Revenue (Millions) | % of Total |
|---|---|---|
| US | $ 39 | 99.8% |
Revenue by Product & Service Category - Q1 FY2026
- Hosted Services44.6%
- Hardware39.8%
- Hardware Service39.8%
- Software As a Service39.3%
- Saa S-Smart Apartments28.6%
- Professional Services15.6%
- Saa S-Smart Operations6.2%
- Deferred Hub Amortization5.3%
- Saa S-All Other4.6%
Revenue by Product & Service Category - Q1 FY2026
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Hosted Services | $ 17 | 44.6% |
| Hardware | $ 15 | 39.8% |
| Hardware Service | $ 15 | 39.8% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
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Description of Smartrent Inc
Smartrent Inc is a property management technology company that specializes in providing innovative solutions to optimize the rental process for property owners and renters. The company was founded in 2017 and is headquartered in Washington D.C., United States. Its mission is to create affordable and sustainable housing options for people.
Smartrent provides a range of services such as rent payment, maintenance requests, energy monitoring, and smart-home technology integration. Its proprietary platform uses artificial intelligence (AI) algorithms to offer property owners and managers insights on how to maximize their rental income and streamline their operations.
One of the features of the Smartrent platform is the smart-home integration, where the company installs devices like Nest thermostats, smart locks, and cameras in rental properties to enhance the tenant's living experience. These devices not only make rental units more attractive to potential renters but also provide property owners with real-time information on how their units are being used.
Smartrent also offers a variety of integrations with other property management tools such as leasing and marketing applications to provide a complete and seamless solution to both property owners and renters.
The company has partnerships with leading property management firms, including Lincoln Property Company, Greystar, and Alliance Residential Company, giving it a vast network of properties under management. Its customers range from traditional multifamily buildings to short-term rentals, commercial properties, and student housing.
Smartrent's impact on the industry is significant, as it has helped property owners improve their properties' energy efficiency, reduce operating costs, and improve their tenants' experience. With its use of cutting-edge technology, Smartrent aims to revolutionize the property management industry and provide affordable housing solutions for everyone.
Smartrent provides a range of services such as rent payment, maintenance requests, energy monitoring, and smart-home technology integration. Its proprietary platform uses artificial intelligence (AI) algorithms to offer property owners and managers insights on how to maximize their rental income and streamline their operations.
One of the features of the Smartrent platform is the smart-home integration, where the company installs devices like Nest thermostats, smart locks, and cameras in rental properties to enhance the tenant's living experience. These devices not only make rental units more attractive to potential renters but also provide property owners with real-time information on how their units are being used.
Smartrent also offers a variety of integrations with other property management tools such as leasing and marketing applications to provide a complete and seamless solution to both property owners and renters.
The company has partnerships with leading property management firms, including Lincoln Property Company, Greystar, and Alliance Residential Company, giving it a vast network of properties under management. Its customers range from traditional multifamily buildings to short-term rentals, commercial properties, and student housing.
Smartrent's impact on the industry is significant, as it has helped property owners improve their properties' energy efficiency, reduce operating costs, and improve their tenants' experience. With its use of cutting-edge technology, Smartrent aims to revolutionize the property management industry and provide affordable housing solutions for everyone.
Smartrent Inc is at the forefront of transforming property management and enhancing the living experience for residents through its innovative segments, products, and services. The company is committed to delivering a comprehensive suite of smart solutions tailored to meet the dynamic needs of property owners, property managers, and residents.
Segments
Smartrent Inc focuses on three primary segments:
1. Property Owners:
Smartrent provides property owners with a seamless, tech-driven solution that enables them to enhance their properties with modern amenities. By integrating smart technologies, owners can offer flexible living options that appeal to a broader demographic, thereby increasing the propertys marketability and rental rates. This segment benefits from the increased operational efficiency and improved tenant engagement encouraged by technology.
2. Property Managers:
For property management companies, Smartrent offers tools designed to improve tenant satisfaction, retention rates, and operational efficiency. These tools help managers streamline their processes, reducing the time spent on administrative tasks and enhancing overall productivity. By leveraging smart technologies, property managers can deliver superior experiences to residents while decreasing costs related to maintenance and operations.
3. Residents:
Smartrent is dedicated to enhancing the resident experience by providing cutting-edge smart home devices and amenities. Residents enjoy advanced technological features that promote convenience, security, and energy efficiency. Smartrent also ensures that residents have accessible support systems that enhance their quality of life, making their living experience more pleasant and secure.
Products
Smartrents product lineup encompasses a variety of smart technologies designed to fulfill the autonomy and automation desires of property owners and managers, including:
1. Smart Home Products:
The core of Smartrent’s offering, these products include various devices that allow property owners to automate and standardize the living experience across their facilities. From temperature control to security systems, these products modernize properties and provide essential amenities.
2. Smart Locks:
Smartrents remotely accessible smart locks enhance security and convenience for residents. These devices enable residents to control access to their apartments through mobile applications, share virtual keys with guests and service providers, and monitor access logs—providing peace of mind and flexibility.
3. Smart Thermostats:
Designed to instill energy efficiency and comfort, Smartrent’s smart thermostats allow for remote monitoring and management of heating and cooling systems. Property owners can set schedules, review energy consumption data, and receive alerts about potential malfunctions, thereby reducing energy costs and enhancing overall energy management.
4. Smart Lighting:
Offering advanced control over lighting systems, Smartrents smart lighting products give property managers and owners the ability to customize illumination settings based on time of day, occupancy, and preferences. These systems improve energy efficiency and enhance the ambiance of shared spaces and individual units.
Services
To complement its robust product offerings, Smartrent provides various services that ensure clients receive comprehensive support throughout their smart property transformation, including:
1. Property Management Services:
Smartrent offers tailored property management services designed to enhance the capabilities of property management companies. These services assist with tenant communications, maintenance management, and operational streamlining—empowering managers to focus on tenant engagement and satisfaction.
2. 24/7 Customer Support:
Understanding the importance of support in the tech industry, Smartrent provides continuous customer service accessible via a mobile application or dedicated phone line. This ensures that clients can receive immediate assistance whenever needed, fostering trust and reliability.
3. Installation and Maintenance Services:
Smartrent features a team of qualified technicians who are responsible for the installation and ongoing maintenance of smart devices. This service guarantees that technology is correctly set up and maintained, minimizing downtime and ensuring a seamless user experience for residents.
4. Data Analytics:
Leveraging data from various sources, Smartrent offers analytics services that optimize operational performance, inform leasing strategies, and streamline maintenance notifications. This insights-driven approach enables property managers and owners to make informed decisions that enhance profitability and tenant satisfaction.
Conclusion
In summary, Smartrent Inc is dedicated to providing a comprehensive array of smart property automation solutions targeted at property owners, property managers, and residents. By emphasizing flexibility, convenience, and automation, Smartrent equips its clients with the necessary tools to stay competitive in the evolving real estate landscape, enhancing overall property management efficiency and quality of living for residents.
Segments
Smartrent Inc focuses on three primary segments:
1. Property Owners:
Smartrent provides property owners with a seamless, tech-driven solution that enables them to enhance their properties with modern amenities. By integrating smart technologies, owners can offer flexible living options that appeal to a broader demographic, thereby increasing the propertys marketability and rental rates. This segment benefits from the increased operational efficiency and improved tenant engagement encouraged by technology.
2. Property Managers:
For property management companies, Smartrent offers tools designed to improve tenant satisfaction, retention rates, and operational efficiency. These tools help managers streamline their processes, reducing the time spent on administrative tasks and enhancing overall productivity. By leveraging smart technologies, property managers can deliver superior experiences to residents while decreasing costs related to maintenance and operations.
3. Residents:
Smartrent is dedicated to enhancing the resident experience by providing cutting-edge smart home devices and amenities. Residents enjoy advanced technological features that promote convenience, security, and energy efficiency. Smartrent also ensures that residents have accessible support systems that enhance their quality of life, making their living experience more pleasant and secure.
Products
Smartrents product lineup encompasses a variety of smart technologies designed to fulfill the autonomy and automation desires of property owners and managers, including:
1. Smart Home Products:
The core of Smartrent’s offering, these products include various devices that allow property owners to automate and standardize the living experience across their facilities. From temperature control to security systems, these products modernize properties and provide essential amenities.
2. Smart Locks:
Smartrents remotely accessible smart locks enhance security and convenience for residents. These devices enable residents to control access to their apartments through mobile applications, share virtual keys with guests and service providers, and monitor access logs—providing peace of mind and flexibility.
3. Smart Thermostats:
Designed to instill energy efficiency and comfort, Smartrent’s smart thermostats allow for remote monitoring and management of heating and cooling systems. Property owners can set schedules, review energy consumption data, and receive alerts about potential malfunctions, thereby reducing energy costs and enhancing overall energy management.
4. Smart Lighting:
Offering advanced control over lighting systems, Smartrents smart lighting products give property managers and owners the ability to customize illumination settings based on time of day, occupancy, and preferences. These systems improve energy efficiency and enhance the ambiance of shared spaces and individual units.
Services
To complement its robust product offerings, Smartrent provides various services that ensure clients receive comprehensive support throughout their smart property transformation, including:
1. Property Management Services:
Smartrent offers tailored property management services designed to enhance the capabilities of property management companies. These services assist with tenant communications, maintenance management, and operational streamlining—empowering managers to focus on tenant engagement and satisfaction.
2. 24/7 Customer Support:
Understanding the importance of support in the tech industry, Smartrent provides continuous customer service accessible via a mobile application or dedicated phone line. This ensures that clients can receive immediate assistance whenever needed, fostering trust and reliability.
3. Installation and Maintenance Services:
Smartrent features a team of qualified technicians who are responsible for the installation and ongoing maintenance of smart devices. This service guarantees that technology is correctly set up and maintained, minimizing downtime and ensuring a seamless user experience for residents.
4. Data Analytics:
Leveraging data from various sources, Smartrent offers analytics services that optimize operational performance, inform leasing strategies, and streamline maintenance notifications. This insights-driven approach enables property managers and owners to make informed decisions that enhance profitability and tenant satisfaction.
Conclusion
In summary, Smartrent Inc is dedicated to providing a comprehensive array of smart property automation solutions targeted at property owners, property managers, and residents. By emphasizing flexibility, convenience, and automation, Smartrent equips its clients with the necessary tools to stay competitive in the evolving real estate landscape, enhancing overall property management efficiency and quality of living for residents.