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Side-by-side financial comparison of American Express (AXP) and SmartRent, Inc. (SMRT). Click either name above to swap in a different company.
SmartRent, Inc. is the larger business by last-quarter revenue ($36.5M vs $18.9M, roughly 1.9× American Express). American Express runs the higher net margin — 15.7% vs -8.9%, a 24.6% gap on every dollar of revenue. On growth, American Express posted the faster year-over-year revenue change (11.4% vs 3.1%). Over the past eight quarters, SmartRent, Inc.'s revenue compounded faster (-15.0% CAGR vs -95.6%).
American Express Company, together with its subsidiaries, provides charge and credit payment card products, and travel-related services worldwide. The company operates through three segments: Global Consumer Services Group, Global Commercial Services, and Global Merchant and Network Services. Its products and services include payment and financing products; network services; accounts payable expense management products and services; and travel and lifestyle services. The company's products an...
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.
AXP vs SMRT — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $18.9M | $36.5M |
| Net Profit | $3.0M | $-3.2M |
| Gross Margin | — | 38.6% |
| Operating Margin | — | -10.9% |
| Net Margin | 15.7% | -8.9% |
| Revenue YoY | 11.4% | 3.1% |
| Net Profit YoY | 15.0% | 71.6% |
| EPS (diluted) | — | $-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.
| Q1 26 | $18.9M | — | ||
| Q4 25 | $10.9B | $36.5M | ||
| Q3 25 | $10.4B | $36.2M | ||
| Q2 25 | $10.3B | $38.3M | ||
| Q1 25 | $9.6B | $41.3M | ||
| Q4 24 | $10.0B | $35.4M | ||
| Q3 24 | $9.7B | $40.5M | ||
| Q2 24 | $9.8B | $48.5M |
| Q1 26 | $3.0M | — | ||
| Q4 25 | $2.5B | $-3.2M | ||
| Q3 25 | $2.9B | $-6.3M | ||
| Q2 25 | $2.9B | $-10.9M | ||
| Q1 25 | $2.6B | $-40.2M | ||
| Q4 24 | $2.2B | $-11.4M | ||
| Q3 24 | $2.5B | $-9.9M | ||
| Q2 24 | $3.0B | $-4.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | 38.6% | ||
| Q3 25 | — | 26.4% | ||
| Q2 25 | — | 33.1% | ||
| Q1 25 | — | 32.8% | ||
| Q4 24 | — | 28.7% | ||
| Q3 24 | — | 33.2% | ||
| Q2 24 | — | 35.7% |
| Q1 26 | — | — | ||
| Q4 25 | 28.2% | -10.9% | ||
| Q3 25 | 36.7% | -19.4% | ||
| Q2 25 | 34.4% | -30.5% | ||
| Q1 25 | 34.6% | -99.9% | ||
| Q4 24 | 27.7% | -36.6% | ||
| Q3 24 | 33.0% | -29.0% | ||
| Q2 24 | 38.6% | -14.3% |
| Q1 26 | 15.7% | — | ||
| Q4 25 | 22.5% | -8.9% | ||
| Q3 25 | 27.9% | -17.3% | ||
| Q2 25 | 28.0% | -28.3% | ||
| Q1 25 | 26.8% | -97.2% | ||
| Q4 24 | 21.8% | -32.3% | ||
| Q3 24 | 25.8% | -24.5% | ||
| Q2 24 | 30.7% | -9.5% |
| Q1 26 | — | — | ||
| Q4 25 | $3.52 | $-0.02 | ||
| Q3 25 | $4.14 | $-0.03 | ||
| Q2 25 | $4.08 | $-0.06 | ||
| Q1 25 | $3.64 | $-0.21 | ||
| Q4 24 | $3.04 | $-0.06 | ||
| Q3 24 | $3.49 | $-0.05 | ||
| Q2 24 | $4.15 | $-0.02 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $104.5M |
| Total DebtLower is stronger | $60.4M | — |
| Stockholders' EquityBook value | $34.0M | $232.1M |
| Total Assets | $308.9M | $320.9M |
| Debt / EquityLower = less leverage | 1.78× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $742.0M | $104.5M | ||
| Q3 25 | $1.3B | $100.0M | ||
| Q2 25 | $197.0M | $105.0M | ||
| Q1 25 | $261.0M | $125.6M | ||
| Q4 24 | $221.0M | $142.5M | ||
| Q3 24 | $120.0M | $163.4M | ||
| Q2 24 | $188.0M | $187.4M |
| Q1 26 | $60.4M | — | ||
| Q4 25 | $56.4B | — | ||
| Q3 25 | $57.8B | — | ||
| Q2 25 | $58.2B | — | ||
| Q1 25 | $51.2B | — | ||
| Q4 24 | $49.7B | — | ||
| Q3 24 | $53.5B | — | ||
| Q2 24 | $51.5B | — |
| Q1 26 | $34.0M | — | ||
| Q4 25 | $33.5B | $232.1M | ||
| Q3 25 | $32.4B | $234.4M | ||
| Q2 25 | $32.3B | $238.8M | ||
| Q1 25 | $31.2B | $250.7M | ||
| Q4 24 | $30.3B | $289.4M | ||
| Q3 24 | $29.7B | $305.1M | ||
| Q2 24 | $29.5B | $329.4M |
| Q1 26 | $308.9M | — | ||
| Q4 25 | $300.1B | $320.9M | ||
| Q3 25 | $297.6B | $335.8M | ||
| Q2 25 | $295.6B | $354.0M | ||
| Q1 25 | $282.2B | $366.1M | ||
| Q4 24 | $271.5B | $420.2M | ||
| Q3 24 | $271.0B | $448.6M | ||
| Q2 24 | $272.2B | $475.3M |
| Q1 26 | 1.78× | — | ||
| Q4 25 | 1.68× | — | ||
| Q3 25 | 1.78× | — | ||
| Q2 25 | 1.80× | — | ||
| Q1 25 | 1.64× | — | ||
| Q4 24 | 1.64× | — | ||
| Q3 24 | 1.80× | — | ||
| Q2 24 | 1.74× | — |
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 | — | $7.7M |
| Free Cash FlowOCF − Capex | — | $7.7M |
| FCF MarginFCF / Revenue | — | 21.0% |
| Capex IntensityCapex / Revenue | — | 0.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-25.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $3.1B | $7.7M | ||
| Q3 25 | $6.2B | $-2.1M | ||
| Q2 25 | $4.4B | $-14.9M | ||
| Q1 25 | $4.8B | $-12.2M | ||
| Q4 24 | $5.8B | $-12.0M | ||
| Q3 24 | $-1.8B | $-3.7M | ||
| Q2 24 | $4.5B | $-13.9M |
| Q1 26 | — | — | ||
| Q4 25 | $2.3B | $7.7M | ||
| Q3 25 | $5.6B | $-2.2M | ||
| Q2 25 | $3.7B | $-16.2M | ||
| Q1 25 | $4.3B | $-14.3M | ||
| Q4 24 | $5.3B | $-13.3M | ||
| Q3 24 | $-2.3B | $-3.9M | ||
| Q2 24 | $4.0B | $-14.1M |
| Q1 26 | — | — | ||
| Q4 25 | 21.4% | 21.0% | ||
| Q3 25 | 53.6% | -6.1% | ||
| Q2 25 | 36.3% | -42.3% | ||
| Q1 25 | 45.0% | -34.7% | ||
| Q4 24 | 53.1% | -37.5% | ||
| Q3 24 | -23.3% | -9.7% | ||
| Q2 24 | 40.4% | -29.1% |
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | 0.0% | ||
| Q3 25 | 6.3% | 0.2% | ||
| Q2 25 | 6.0% | 3.3% | ||
| Q1 25 | 4.5% | 5.3% | ||
| Q4 24 | 5.0% | 3.5% | ||
| Q3 24 | 4.7% | 0.6% | ||
| Q2 24 | 5.8% | 0.5% |
| Q1 26 | — | — | ||
| Q4 25 | 1.25× | — | ||
| Q3 25 | 2.15× | — | ||
| Q2 25 | 1.51× | — | ||
| Q1 25 | 1.84× | — | ||
| Q4 24 | 2.66× | — | ||
| Q3 24 | -0.72× | — | ||
| Q2 24 | 1.50× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AXP
| Discount revenue | $9.5M | 50% |
| Other | $8.9M | 47% |
| Deposits with banks and other | $512.0K | 3% |
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% |
