SmartRent outlines Vision 2028 strategy to accelerate profitable growth
SMRT•SmartRent targets positive adjusted EBITDA for full-year 2026 and breakeven operating cash flow while funding sales growth. Its Vision 2028 strategy targets double-digit annual growth in installed units; the company reported 942,000 installed units, $63 million in annual recurring revenue, 100% customer net revenue retention and $89 million in cash with no debt as of September 30, 2026.
1. Targets and metrics
SmartRent said it is targeting positive adjusted EBITDA for full-year 2026 and breakeven operating cash flow while funding sales growth. Its Vision 2028 strategy targets double-digit compound annual growth in the installed base; SmartRent reported 942,000 installed units generating $63 million in annual recurring revenue and customer net revenue retention of 100%. Cash and cash equivalents totaled $89 million as of September 30, 2026, and the company said it has no debt.
