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Side-by-side financial comparison of Electromed, Inc. (ELMD) 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× Electromed, Inc.). Electromed, Inc. runs the higher net margin — 14.6% vs -8.9%, a 23.5% gap on every dollar of revenue. On growth, Electromed, Inc. posted the faster year-over-year revenue change (16.3% vs 3.1%). SmartRent, Inc. produced more free cash flow last quarter ($7.7M vs $2.4M). Over the past eight quarters, Electromed, Inc.'s revenue compounded faster (16.7% CAGR vs -15.0%).
Electromed, Inc. is a specialized medical device firm developing, manufacturing, and distributing advanced respiratory care products. Its core offerings are high-frequency chest wall oscillation systems that clear airway secretions for patients with cystic fibrosis, COPD and other respiratory conditions, serving U.S. home care and clinical customers.
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.
ELMD vs SMRT — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $18.9M | $36.5M |
| Net Profit | $2.8M | $-3.2M |
| Gross Margin | 78.4% | 38.6% |
| Operating Margin | 19.2% | -10.9% |
| Net Margin | 14.6% | -8.9% |
| Revenue YoY | 16.3% | 3.1% |
| Net Profit YoY | 40.3% | 71.6% |
| EPS (diluted) | $0.32 | $-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 | $18.9M | $36.5M | ||
| Q3 25 | $16.9M | $36.2M | ||
| Q2 25 | $17.4M | $38.3M | ||
| Q1 25 | $15.7M | $41.3M | ||
| Q4 24 | $16.3M | $35.4M | ||
| Q3 24 | $14.7M | $40.5M | ||
| Q2 24 | $14.8M | $48.5M | ||
| Q1 24 | $13.9M | $50.5M |
| Q4 25 | $2.8M | $-3.2M | ||
| Q3 25 | $2.1M | $-6.3M | ||
| Q2 25 | $2.2M | $-10.9M | ||
| Q1 25 | $1.9M | $-40.2M | ||
| Q4 24 | $2.0M | $-11.4M | ||
| Q3 24 | $1.5M | $-9.9M | ||
| Q2 24 | $1.8M | $-4.6M | ||
| Q1 24 | $1.5M | $-7.7M |
| Q4 25 | 78.4% | 38.6% | ||
| Q3 25 | 78.1% | 26.4% | ||
| Q2 25 | 78.3% | 33.1% | ||
| Q1 25 | 78.0% | 32.8% | ||
| Q4 24 | 77.7% | 28.7% | ||
| Q3 24 | 78.3% | 33.2% | ||
| Q2 24 | 76.2% | 35.7% | ||
| Q1 24 | 74.8% | 38.5% |
| Q4 25 | 19.2% | -10.9% | ||
| Q3 25 | 15.8% | -19.4% | ||
| Q2 25 | 17.5% | -30.5% | ||
| Q1 25 | 13.6% | -99.9% | ||
| Q4 24 | 15.6% | -36.6% | ||
| Q3 24 | 13.2% | -29.0% | ||
| Q2 24 | 15.7% | -14.3% | ||
| Q1 24 | 13.3% | -20.1% |
| Q4 25 | 14.6% | -8.9% | ||
| Q3 25 | 12.6% | -17.3% | ||
| Q2 25 | 12.7% | -28.3% | ||
| Q1 25 | 12.1% | -97.2% | ||
| Q4 24 | 12.1% | -32.3% | ||
| Q3 24 | 10.0% | -24.5% | ||
| Q2 24 | 12.3% | -9.5% | ||
| Q1 24 | 10.8% | -15.2% |
| Q4 25 | $0.32 | $-0.02 | ||
| Q3 25 | $0.25 | $-0.03 | ||
| Q2 25 | $0.26 | $-0.06 | ||
| Q1 25 | $0.21 | $-0.21 | ||
| Q4 24 | $0.22 | $-0.06 | ||
| Q3 24 | $0.16 | $-0.05 | ||
| Q2 24 | $0.20 | $-0.02 | ||
| Q1 24 | $0.17 | $-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 | $13.8M | $104.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $45.4M | $232.1M |
| Total Assets | $54.9M | $320.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.8M | $104.5M | ||
| Q3 25 | $14.1M | $100.0M | ||
| Q2 25 | $15.3M | $105.0M | ||
| Q1 25 | $15.2M | $125.6M | ||
| Q4 24 | $16.2M | $142.5M | ||
| Q3 24 | $13.9M | $163.4M | ||
| Q2 24 | $16.1M | $187.4M | ||
| Q1 24 | $11.7M | $204.7M |
| Q4 25 | $45.4M | $232.1M | ||
| Q3 25 | $44.7M | $234.4M | ||
| Q2 25 | $43.2M | $238.8M | ||
| Q1 25 | $43.9M | $250.7M | ||
| Q4 24 | $43.6M | $289.4M | ||
| Q3 24 | $41.5M | $305.1M | ||
| Q2 24 | $44.5M | $329.4M | ||
| Q1 24 | $42.5M | $333.1M |
| Q4 25 | $54.9M | $320.9M | ||
| Q3 25 | $53.6M | $335.8M | ||
| Q2 25 | $53.8M | $354.0M | ||
| Q1 25 | $52.5M | $366.1M | ||
| Q4 24 | $52.3M | $420.2M | ||
| Q3 24 | $48.9M | $448.6M | ||
| Q2 24 | $52.2M | $475.3M | ||
| Q1 24 | $48.9M | $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 | $3.0M | $7.7M |
| Free Cash FlowOCF − Capex | $2.4M | $7.7M |
| FCF MarginFCF / Revenue | 12.7% | 21.0% |
| Capex IntensityCapex / Revenue | 3.4% | 0.0% |
| Cash ConversionOCF / Net Profit | 1.10× | — |
| TTM Free Cash FlowTrailing 4 quarters | $7.9M | $-25.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.0M | $7.7M | ||
| Q3 25 | $169.0K | $-2.1M | ||
| Q2 25 | $3.9M | $-14.9M | ||
| Q1 25 | $2.1M | $-12.2M | ||
| Q4 24 | $3.2M | $-12.0M | ||
| Q3 24 | $2.3M | $-3.7M | ||
| Q2 24 | $4.5M | $-13.9M | ||
| Q1 24 | $1.4M | $-3.3M |
| Q4 25 | $2.4M | $7.7M | ||
| Q3 25 | $-83.0K | $-2.2M | ||
| Q2 25 | $3.7M | $-16.2M | ||
| Q1 25 | $1.9M | $-14.3M | ||
| Q4 24 | $2.9M | $-13.3M | ||
| Q3 24 | $2.3M | $-3.9M | ||
| Q2 24 | $4.5M | $-14.1M | ||
| Q1 24 | $1.3M | $-3.4M |
| Q4 25 | 12.7% | 21.0% | ||
| Q3 25 | -0.5% | -6.1% | ||
| Q2 25 | 21.4% | -42.3% | ||
| Q1 25 | 12.2% | -34.7% | ||
| Q4 24 | 18.0% | -37.5% | ||
| Q3 24 | 15.5% | -9.7% | ||
| Q2 24 | 30.1% | -29.1% | ||
| Q1 24 | 9.1% | -6.7% |
| Q4 25 | 3.4% | 0.0% | ||
| Q3 25 | 1.5% | 0.2% | ||
| Q2 25 | 0.8% | 3.3% | ||
| Q1 25 | 1.0% | 5.3% | ||
| Q4 24 | 1.4% | 3.5% | ||
| Q3 24 | 0.3% | 0.6% | ||
| Q2 24 | 0.1% | 0.5% | ||
| Q1 24 | 0.6% | 0.1% |
| Q4 25 | 1.10× | — | ||
| Q3 25 | 0.08× | — | ||
| Q2 25 | 1.75× | — | ||
| Q1 25 | 1.10× | — | ||
| Q4 24 | 1.60× | — | ||
| Q3 24 | 1.57× | — | ||
| Q2 24 | 2.46× | — | ||
| Q1 24 | 0.90× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ELMD
| Homecare | $17.3M | 91% |
| Other | $1.6M | 9% |
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% |
