SmartRent reported second quarter 2026 financial results on August 5, 2026. Total revenue increased 4% to $39.8 million, while core revenue rose 14% to $38.4 million. Annual Recurring Revenue grew 13% to $64.5 million. The company achieved positive Adjusted EBITDA of $0.7 million and a net loss of $5.6 million, an improvement from the prior year's loss of $10.9 million. Gross margin expanded 760 basis points to 40.7%. SmartRent repurchased 2.8 million shares for $3.4 million during the quarter and approved a new share repurchase plan authorized up to $25 million on July 24, replacing the prior plan with $13.4 million remaining authorization. The company ended the quarter with $92.7 million in cash and no debt. SmartRent operates in the rental housing industry, providing technology, data, and workflow solutions for smart communities.