SmartRent, Inc. (SMRT) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -4.54M | 7.66M | -2.13M | -14.93M | -12.17M | -12.02M | -3.68M | -13.88M | -3.34M | 7.35M | 14.32M | -5.39M | -10.29M | 1.01M | -44.53M | -6.06M | -28.79M | -28.63M | -23.06M | -10.79M |
| Operating CF Margin % | -11.74% | 20.99% | -5.89% | -38.97% | -29.43% | -33.97% | -9.09% | -28.6% | -6.61% | 12.19% | 24.64% | -10.1% | -15.81% | 2.49% | -93.74% | -14.3% | -77.06% | -82.59% | -65.64% | -49.77% |
| Operating CF Growth % | 62.67% | 163.73% | 42.1% | -7.59% | -264.67% | -263.54% | -125.73% | -157.27% | 67.57% | 626.71% | 132.15% | 11.05% | 64.25% | 103.53% | -93.09% | 43.79% | -264.58% | -307.16% | - | - |
| Net Income | -4.45M | 57.31M | -6.27M | -10.86M | -40.18M | -11.42M | -9.92M | -4.61M | -7.69M | -3.3M | -7.72M | -10.35M | -13.21M | -21.39M | -25.95M | -25.59M | -23.39M | -25.96M | -26.68M | -10.05M |
| Depreciation & Amortization | 2.18M | -6.21M | 2.2M | 2.07M | 1.94M | 1.76M | 1.64M | 1.58M | 1.5M | 2.42M | 1.4M | 1.34M | 1.25M | 1.39M | 1.24M | 1.23M | 695K | 160K | 130K | 202K |
| Stock-Based Compensation | 0 | -7.08M | 2.08M | 2.16M | 2.84M | 2.55M | 2.96M | 3.28M | 3.28M | 0 | 3.27M | 3.28M | 3.68M | 3.1M | 3.27M | 3.82M | 0 | 2.97M | 4.31M | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 169K | 0 | -1.04M | -4.84M | 2.03M | 0 | 0 |
| Other Non-Cash Items | 2.62M | -44.22M | 3.09M | 591K | 25.8M | -2.91M | -21.72M | 2.48M | 6.31M | 6.34M | -340K | 650K | -1.7M | 3.31M | -1.46M | 2.16M | 4.13M | 307K | 6.21M | 788K |
| Working Capital Changes | -4.89M | 7.86M | -3.24M | -8.89M | -2.56M | -1.99M | 23.36M | -16.62M | -6.74M | 1.89M | 17.71M | -313K | -307K | 14.44M | -21.63M | 13.36M | -5.37M | -8.14M | -7.02M | -1.73M |
| Change in Receivables | 10.75M | 5.05M | 6.96M | -8.53M | 9.42M | 2.84M | 2.97M | -7.41M | 2.7M | 965K | -3.56M | -1.07M | 3.48M | 1.64M | -19.07M | 17.27M | -15.78M | -11.71M | -6.04M | -2.08M |
| Change in Inventory | 2.5M | 1.11M | 2.01M | -507K | 1.89M | 741K | -4.08M | -3.55M | 5.61M | 5.27M | 11.23M | 6.24M | 8.95M | -14.43M | -2.18M | -17M | -9.2M | -10.77M | -716K | -4M |
| Change in Payables | -4.45M | 2.24M | -964K | 374K | 2.54M | -821K | 3.08M | -1.22M | -7.45M | 5.85M | 0 | -5.4M | 0 | 12.78M | 0 | 3.37M | 5.43M | -1.3M | 2.67M | 438K |
| Cash from Investing | -1.09M | -1.68M | -1.09M | -2.38M | -3.47M | -2.57M | -3.03M | -1.04M | -956K | -2.71M | -985K | -1.16M | -1.17M | -1.03M | -1.17M | -13.48M | -117.77M | -6.52M | -2.51M | -247K |
| Capital Expenditures | -1.09M | 3.55M | -90K | -2.38M | -2.18M | -1.24M | 1.47M | -241K | -34K | -3.66M | -67K | -22K | -27K | -311K | -332K | -237K | -233K | -620K | -511K | -247K |
| CapEx % of Revenue | 2.81% | 9.74% | 0.25% | 6.22% | 5.27% | 3.51% | 3.64% | 0.5% | 0.07% | 6.07% | 0.12% | 0.04% | 0.04% | 0.77% | 0.7% | 0.56% | 0.62% | 1.79% | 1.45% | 1.14% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -723K | 0 | -11.42M | -117.53M | -5.9M | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | -5.24M | -1M | 0 | -1.29M | -1.33M | -4.5M | -800K | -922K | 3.2M | -918K | -1.14M | -1.14M | 0 | -839K | -1.83M | 0 | 0 | -2M | 0 |
| Cash from Financing | 393K | -448K | -1.73M | -3.76M | -1.5M | -6.71M | -17.41M | -2.38M | -6.46M | -405K | 778K | -424K | -1.85M | -276K | 381K | -3.39M | 480K | -4.61M | 444.57M | -417K |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4.27M | -417K | -422K |
| Equity Issued (Net) | 952K | 29K | 110K | -3.72M | -1.2M | -5.1M | -17.08M | -2.01M | -4.37M | 14K | -421K | 0 | -661K | 0 | -380K | 0 | 550K | 0 | 207K | 5K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 29K | 110K | -3.72M | -1.2M | -5.1M | -17.08M | -2.01M | -4.37M | 0 | -421K | 0 | -661K | 0 | -380K | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -559K | -477K | -1.84M | -45K | -303K | -1.6M | -333K | -369K | -2.09M | -419K | 1.2M | -424K | -1.19M | -276K | 761K | -3.39M | -70K | -337K | 444.78M | 0 |
| Net Change in Cash | -5.73M | 4.53M | -5.02M | -20.56M | -16.88M | -21.17M | -24.03M | -17.27M | -10.76M | 4.46M | 14.03M | -6.96M | -13.29M | 296K | -45.75M | -23.21M | -146.23M | -39.9M | 418.97M | -927.27K |
| Free Cash Flow | -4.57M | 7.66M | -3.22M | -16.21M | -15.64M | -14.59M | -2.21M | -14.92M | -4.29M | 7.32M | 14.25M | -6.55M | -10.32M | 700K | -44.86M | -8.13M | -29.02M | -29.25M | -23.57M | -11.04M |
| FCF Margin % | -11.82% | 20.99% | -8.91% | -42.32% | -37.82% | -41.25% | -5.46% | -30.75% | -8.5% | 12.14% | 24.53% | -12.27% | -15.85% | 1.73% | -94.44% | -19.17% | -77.68% | -84.37% | -67.1% | -50.91% |
| FCF Growth % | 70.76% | 152.48% | -45.82% | -8.67% | -264.27% | -299.41% | -115.51% | -127.65% | 58.39% | 945.14% | 131.77% | 19.4% | 64.45% | 102.39% | -90.31% | 26.33% | -263.25% | -312.01% | - | - |
| FCF per Share | -0.02 | 0.04 | -0.02 | -0.09 | -0.08 | -0.07 | -0.01 | -0.07 | -0.02 | 0.04 | 0.07 | -0.03 | -0.05 | 0.00 | -0.23 | -0.04 | -0.15 | -0.15 | -0.12 | -0.06 |
| FCF Conversion (FCF/Net Income) | 1.02x | -2.36x | 0.34x | 1.37x | 0.30x | 1.05x | 0.37x | 3.01x | 0.43x | -2.23x | -1.85x | 0.52x | 0.78x | -0.05x | 1.72x | 0.24x | 1.23x | 1.10x | 0.86x | 1.07x |
| Interest Paid | 0 | 0 | 3K | 55K | 70K | 77K | 0 | 59K | 72K | 0 | 4K | -14K | 70K | 0 | 146K | 0 | 0 | 57K | 60K | 0 |
| Taxes Paid | 0 | 62K | 41K | 173K | 126K | 71K | 0 | 159K | 6K | 0 | 0 | 71K | 0 | 87K | 0 | 13K | 0 | -76K | 25K | 0 |