SmartRent (SMRT) Q2 2026 Earnings Call Transcript

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DATE

Wednesday, Aug. 5, 2026 astatine 11:30 a.m. ET

CALL PARTICIPANTS

• Head of Investor Relations - Kelly Reisdorf

• President and Chief Executive Officer - Frank Martell

• Chief Financial Officer - Daryl Stemm

Full Conference Call Transcript

Operator: Hello everyone, convey you for joining america and invited to the SmartRent Second Quarter 2026 net call. [Operator Instructions] I volition present manus the league implicit to Kelly Reisdorf, Head of Investor Relations. Kelly, delight spell ahead.

Kelly Reisdorf: Hello, and convey you for joining america today. My sanction is Kelly Reisdorf, Head of Investor Relations for SmartRent. I'm joined contiguous by our President and Chief Executive Officer, Frank Martell, and Daryl Stemm, Chief Financial Officer. Before the marketplace opened today, we issued an net merchandise and filed our 10-Q with the SEC, some of which are disposable connected the Investor Relations conception of our website. I would similar to punctual everyone that the treatment contiguous whitethorn incorporate definite forward-looking statements that impact risks and uncertainties. Various factors could origin our existent results to beryllium materially antithetic from immoderate aboriginal results expressed oregon implied by specified statements.

These factors are discussed successful our SEC filings, including successful our yearly study connected Form 10-K and quarterly reports connected Form 10-Q. We undertake nary work to supply updates regarding forward-looking statements made during this call, and we urge that each investors reappraisal these reports thoroughly earlier taking a fiscal presumption successful SmartRent. Unless different noted, each comparisons discussed connected today's telephone notation to the 2nd 4th of 2026 compared with the 2nd 4th of 2025. Also, during today's call, we volition notation to definite non-GAAP fiscal measures. A treatment of these non-GAAP fiscal measures, on with a reconciliation to the astir straight comparable GAAP measure, is included successful today's net release.

We would besides similar to item that our quarterly net presumption is disposable connected the Investor Relations conception of our website. And with that, I volition crook the telephone implicit to Frank.

Frank Martell: Good morning, everyone, and convey you for joining us. Today I'm going to sermon the much important operational and fiscal highlights from the 4th from my constituent of view. Daryl volition reason our prepared remarks with a much elaborate treatment of our Q2 fiscal results. By astir each measure, SmartRent delivered beardown advancement successful the 2nd 4th arsenic we proceed to enactment laser-focused connected realizing the afloat benefits outlined successful our Vision 2028 strategical plan. As you whitethorn recall, Vision 2028 focuses connected 2 priorities. First, accelerating maturation by expanding our competitory moat; and second, expanding profitability levels done a leverageable operating model. These priorities are anchored by 5 pillars.