vs
Side-by-side financial comparison of AEMETIS, INC (AMTX) and SmartRent, Inc. (SMRT). Click either name above to swap in a different company.
AEMETIS, INC is the larger business by last-quarter revenue ($43.3M vs $36.5M, roughly 1.2× SmartRent, Inc.). On growth, SmartRent, Inc. posted the faster year-over-year revenue change (3.1% vs -7.9%). SmartRent, Inc. produced more free cash flow last quarter ($7.7M vs $-10.8M). Over the past eight quarters, SmartRent, Inc.'s revenue compounded faster (-15.0% CAGR vs -22.8%).
Aemetis, Inc. is a renewable fuels and sustainable biochemicals producer operating across North America and India. Its core products include low-carbon ethanol, renewable natural gas and biodiesel, serving transportation, industrial and agricultural sectors with decarbonization solutions for commercial clients.
Budget Rent a Car System, Inc. is an American car rental company that was founded in 1958 in Los Angeles, California by Morris Mirkin. Budget is a subsidiary of the Avis Budget Group, with its operations headquartered in Parsippany, New Jersey.
AMTX vs SMRT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $43.3M | $36.5M |
| Net Profit | — | $-3.2M |
| Gross Margin | 17.8% | 38.6% |
| Operating Margin | -5.7% | -10.9% |
| Net Margin | — | -8.9% |
| Revenue YoY | -7.9% | 3.1% |
| Net Profit YoY | — | 71.6% |
| EPS (diluted) | $-0.03 | $-0.02 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $43.3M | $36.5M | ||
| Q3 25 | $59.2M | $36.2M | ||
| Q2 25 | $52.2M | $38.3M | ||
| Q1 25 | $42.9M | $41.3M | ||
| Q4 24 | $47.0M | $35.4M | ||
| Q3 24 | $81.4M | $40.5M | ||
| Q2 24 | $66.6M | $48.5M | ||
| Q1 24 | $72.6M | $50.5M |
| Q4 25 | — | $-3.2M | ||
| Q3 25 | $-23.7M | $-6.3M | ||
| Q2 25 | $-23.4M | $-10.9M | ||
| Q1 25 | $-24.5M | $-40.2M | ||
| Q4 24 | — | $-11.4M | ||
| Q3 24 | $-17.9M | $-9.9M | ||
| Q2 24 | $-29.2M | $-4.6M | ||
| Q1 24 | $-24.2M | $-7.7M |
| Q4 25 | 17.8% | 38.6% | ||
| Q3 25 | -0.1% | 26.4% | ||
| Q2 25 | -6.4% | 33.1% | ||
| Q1 25 | -11.8% | 32.8% | ||
| Q4 24 | -4.3% | 28.7% | ||
| Q3 24 | 4.8% | 33.2% | ||
| Q2 24 | -2.7% | 35.7% | ||
| Q1 24 | -0.8% | 38.5% |
| Q4 25 | -5.7% | -10.9% | ||
| Q3 25 | -14.4% | -19.4% | ||
| Q2 25 | -20.4% | -30.5% | ||
| Q1 25 | -36.3% | -99.9% | ||
| Q4 24 | -28.7% | -36.6% | ||
| Q3 24 | -4.8% | -29.0% | ||
| Q2 24 | -20.4% | -14.3% | ||
| Q1 24 | -13.0% | -20.1% |
| Q4 25 | — | -8.9% | ||
| Q3 25 | -40.1% | -17.3% | ||
| Q2 25 | -44.8% | -28.3% | ||
| Q1 25 | -57.2% | -97.2% | ||
| Q4 24 | — | -32.3% | ||
| Q3 24 | -22.0% | -24.5% | ||
| Q2 24 | -43.8% | -9.5% | ||
| Q1 24 | -33.4% | -15.2% |
| Q4 25 | $-0.03 | $-0.02 | ||
| Q3 25 | $-0.37 | $-0.03 | ||
| Q2 25 | $-0.41 | $-0.06 | ||
| Q1 25 | $-0.47 | $-0.21 | ||
| Q4 24 | $-0.29 | $-0.06 | ||
| Q3 24 | $-0.38 | $-0.05 | ||
| Q2 24 | $-0.66 | $-0.02 | ||
| Q1 24 | $-0.58 | $-0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $4.9M | $104.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-306.8M | $232.1M |
| Total Assets | $259.8M | $320.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.9M | $104.5M | ||
| Q3 25 | $5.6M | $100.0M | ||
| Q2 25 | $1.6M | $105.0M | ||
| Q1 25 | $499.0K | $125.6M | ||
| Q4 24 | $898.0K | $142.5M | ||
| Q3 24 | $296.0K | $163.4M | ||
| Q2 24 | $234.0K | $187.4M | ||
| Q1 24 | $1.6M | $204.7M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $338.1M | — | ||
| Q3 24 | $322.2M | — | ||
| Q2 24 | $309.0M | — | ||
| Q1 24 | $307.2M | — |
| Q4 25 | $-306.8M | $232.1M | ||
| Q3 25 | $-304.9M | $234.4M | ||
| Q2 25 | $-289.3M | $238.8M | ||
| Q1 25 | $-280.7M | $250.7M | ||
| Q4 24 | $-263.9M | $289.4M | ||
| Q3 24 | $-258.9M | $305.1M | ||
| Q2 24 | $-249.0M | $329.4M | ||
| Q1 24 | $-232.1M | $333.1M |
| Q4 25 | $259.8M | $320.9M | ||
| Q3 25 | $241.1M | $335.8M | ||
| Q2 25 | $240.0M | $354.0M | ||
| Q1 25 | $242.5M | $366.1M | ||
| Q4 24 | $259.3M | $420.2M | ||
| Q3 24 | $259.3M | $448.6M | ||
| Q2 24 | $259.3M | $475.3M | ||
| Q1 24 | $259.3M | $485.5M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $5.8M | $7.7M |
| Free Cash FlowOCF − Capex | $-10.8M | $7.7M |
| FCF MarginFCF / Revenue | -24.9% | 21.0% |
| Capex IntensityCapex / Revenue | 38.2% | 0.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-22.7M | $-25.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $5.8M | $7.7M | ||
| Q3 25 | $3.1M | $-2.1M | ||
| Q2 25 | $-5.7M | $-14.9M | ||
| Q1 25 | $160.0K | $-12.2M | ||
| Q4 24 | $-12.6M | $-12.0M | ||
| Q3 24 | $-5.0M | $-3.7M | ||
| Q2 24 | $-5.1M | $-13.9M | ||
| Q1 24 | $-10.3M | $-3.3M |
| Q4 25 | $-10.8M | $7.7M | ||
| Q3 25 | $-1.0M | $-2.2M | ||
| Q2 25 | $-9.3M | $-16.2M | ||
| Q1 25 | $-1.7M | $-14.3M | ||
| Q4 24 | $-19.4M | $-13.3M | ||
| Q3 24 | $-9.5M | $-3.9M | ||
| Q2 24 | $-10.5M | $-14.1M | ||
| Q1 24 | $-13.9M | $-3.4M |
| Q4 25 | -24.9% | 21.0% | ||
| Q3 25 | -1.7% | -6.1% | ||
| Q2 25 | -17.7% | -42.3% | ||
| Q1 25 | -3.9% | -34.7% | ||
| Q4 24 | -41.2% | -37.5% | ||
| Q3 24 | -11.6% | -9.7% | ||
| Q2 24 | -15.8% | -29.1% | ||
| Q1 24 | -19.1% | -6.7% |
| Q4 25 | 38.2% | 0.0% | ||
| Q3 25 | 6.9% | 0.2% | ||
| Q2 25 | 6.7% | 3.3% | ||
| Q1 25 | 4.3% | 5.3% | ||
| Q4 24 | 14.4% | 3.5% | ||
| Q3 24 | 5.5% | 0.6% | ||
| Q2 24 | 8.1% | 0.5% | ||
| Q1 24 | 4.9% | 0.1% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AMTX
| Ethanol Sales | $28.8M | 66% |
| Wet Distillers Grains | $6.8M | 16% |
| California Dairy Renewable Natural Gas | $5.2M | 12% |
| Other | $1.8M | 4% |
SMRT
| Hosted Services | $18.1M | 50% |
| Hardware Service | $12.5M | 34% |
| Smart Operations Solutions | $2.6M | 7% |
| Access Control | $2.0M | 5% |
| Other Smart Communities Solutions | $1.3M | 3% |
