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Units Deployed
Shows the number of SmartRent units actively installed, indicating market penetration and adoption rate of its smart home solutions.Installed units have climbed steadily to ~911k (about 10% YoY), showing resilient organic adoption, but recent bookings softness and an 18% drop in hardware revenue highlight near-term growth risk. Management's 'March to 1M' relies on an aggressive sales and VAR buildout; if the double-digit installed-unit growth target materializes, monetization upside from a ~$0.05/month ARPU uplift on renewals and expanding SaaS mix could drive margin-friendly revenue even with declining hub amortization. Watch quarterly bookings, VAR onboarding, and ARPU recovery as execution gates.
Date | Units Deployed |
|---|---|
Jun 30, 2026 | 929.49K |
Mar 31, 2026 | 911.24K |
Dec 31, 2025 | 890.87K |
Sep 30, 2025 | 870.23K |
Jun 30, 2025 | 847.96K |
Mar 31, 2025 | 827.61K |
Dec 31, 2024 | 809.50K |
Sep 30, 2024 | 787.04K |
Jun 30, 2024 | 771.87K |
Mar 31, 2024 | 749.40K |