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Side-by-side financial comparison of FRANKLIN COVEY CO (FC) and SmartRent, Inc. (SMRT). Click either name above to swap in a different company.

FRANKLIN COVEY CO is the larger business by last-quarter revenue ($64.0M vs $36.5M, roughly 1.8× SmartRent, Inc.). FRANKLIN COVEY CO runs the higher net margin — -5.1% vs -8.9%, a 3.8% gap on every dollar of revenue. On growth, SmartRent, Inc. posted the faster year-over-year revenue change (3.1% vs -7.3%). SmartRent, Inc. produced more free cash flow last quarter ($7.7M vs $-1.6M). Over the past eight quarters, FRANKLIN COVEY CO's revenue compounded faster (2.2% CAGR vs -15.0%).

Franklin Covey Co., trading as FranklinCovey and based in Salt Lake City, Utah, is a coaching company which provides training and assessment services in the areas of leadership, individual effectiveness, and business execution for organizations and individuals. The company was formed on May 30, 1997, as a result of merger between Hyrum W. Smith's Franklin Quest and Stephen R. Covey's Covey Leadership Center. Among other products, the company has marketed the FranklinCovey planning system, mod...

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.

FC vs SMRT — Head-to-Head

Bigger by revenue
FC
FC
1.8× larger
FC
$64.0M
$36.5M
SMRT
Growing faster (revenue YoY)
SMRT
SMRT
+10.4% gap
SMRT
3.1%
-7.3%
FC
Higher net margin
FC
FC
3.8% more per $
FC
-5.1%
-8.9%
SMRT
More free cash flow
SMRT
SMRT
$9.3M more FCF
SMRT
$7.7M
$-1.6M
FC
Faster 2-yr revenue CAGR
FC
FC
Annualised
FC
2.2%
-15.0%
SMRT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FC
FC
SMRT
SMRT
Revenue
$64.0M
$36.5M
Net Profit
$-3.3M
$-3.2M
Gross Margin
75.5%
38.6%
Operating Margin
-5.7%
-10.9%
Net Margin
-5.1%
-8.9%
Revenue YoY
-7.3%
3.1%
Net Profit YoY
-378.5%
71.6%
EPS (diluted)
$-0.27
$-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.

Revenue
FC
FC
SMRT
SMRT
Q4 25
$64.0M
$36.5M
Q3 25
$71.2M
$36.2M
Q2 25
$67.1M
$38.3M
Q1 25
$59.6M
$41.3M
Q4 24
$69.1M
$35.4M
Q3 24
$84.1M
$40.5M
Q2 24
$73.4M
$48.5M
Q1 24
$61.3M
$50.5M
Net Profit
FC
FC
SMRT
SMRT
Q4 25
$-3.3M
$-3.2M
Q3 25
$4.4M
$-6.3M
Q2 25
$-1.4M
$-10.9M
Q1 25
$-1.1M
$-40.2M
Q4 24
$1.2M
$-11.4M
Q3 24
$12.0M
$-9.9M
Q2 24
$5.7M
$-4.6M
Q1 24
$874.0K
$-7.7M
Gross Margin
FC
FC
SMRT
SMRT
Q4 25
75.5%
38.6%
Q3 25
75.5%
26.4%
Q2 25
76.5%
33.1%
Q1 25
76.7%
32.8%
Q4 24
76.3%
28.7%
Q3 24
78.1%
33.2%
Q2 24
76.6%
35.7%
Q1 24
76.4%
38.5%
Operating Margin
FC
FC
SMRT
SMRT
Q4 25
-5.7%
-10.9%
Q3 25
11.1%
-19.4%
Q2 25
-3.3%
-30.5%
Q1 25
-2.4%
-99.9%
Q4 24
2.1%
-36.6%
Q3 24
21.3%
-29.0%
Q2 24
11.4%
-14.3%
Q1 24
2.4%
-20.1%
Net Margin
FC
FC
SMRT
SMRT
Q4 25
-5.1%
-8.9%
Q3 25
6.1%
-17.3%
Q2 25
-2.1%
-28.3%
Q1 25
-1.8%
-97.2%
Q4 24
1.7%
-32.3%
Q3 24
14.2%
-24.5%
Q2 24
7.8%
-9.5%
Q1 24
1.4%
-15.2%
EPS (diluted)
FC
FC
SMRT
SMRT
Q4 25
$-0.27
$-0.02
Q3 25
$0.34
$-0.03
Q2 25
$-0.11
$-0.06
Q1 25
$-0.08
$-0.21
Q4 24
$0.09
$-0.06
Q3 24
$0.89
$-0.05
Q2 24
$0.43
$-0.02
Q1 24
$0.06
$-0.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FC
FC
SMRT
SMRT
Cash + ST InvestmentsLiquidity on hand
$17.5M
$104.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$54.0M
$232.1M
Total Assets
$221.3M
$320.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FC
FC
SMRT
SMRT
Q4 25
$17.5M
$104.5M
Q3 25
$31.7M
$100.0M
Q2 25
$33.7M
$105.0M
Q1 25
$40.4M
$125.6M
Q4 24
$53.3M
$142.5M
Q3 24
$48.7M
$163.4M
Q2 24
$36.6M
$187.4M
Q1 24
$40.9M
$204.7M
Stockholders' Equity
FC
FC
SMRT
SMRT
Q4 25
$54.0M
$232.1M
Q3 25
$66.9M
$234.4M
Q2 25
$65.6M
$238.8M
Q1 25
$72.5M
$250.7M
Q4 24
$80.6M
$289.4M
Q3 24
$83.1M
$305.1M
Q2 24
$72.2M
$329.4M
Q1 24
$70.8M
$333.1M
Total Assets
FC
FC
SMRT
SMRT
Q4 25
$221.3M
$320.9M
Q3 25
$242.9M
$335.8M
Q2 25
$218.3M
$354.0M
Q1 25
$221.3M
$366.1M
Q4 24
$239.9M
$420.2M
Q3 24
$261.5M
$448.6M
Q2 24
$221.0M
$475.3M
Q1 24
$221.9M
$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
FC
FC
SMRT
SMRT
Operating Cash FlowLast quarter
$98.0K
$7.7M
Free Cash FlowOCF − Capex
$-1.6M
$7.7M
FCF MarginFCF / Revenue
-2.5%
21.0%
Capex IntensityCapex / Revenue
2.7%
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$5.9M
$-25.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FC
FC
SMRT
SMRT
Q4 25
$98.0K
$7.7M
Q3 25
$9.9M
$-2.1M
Q2 25
$6.3M
$-14.9M
Q1 25
$-1.4M
$-12.2M
Q4 24
$14.1M
$-12.0M
Q3 24
$21.9M
$-3.7M
Q2 24
$8.2M
$-13.9M
Q1 24
$12.8M
$-3.3M
Free Cash Flow
FC
FC
SMRT
SMRT
Q4 25
$-1.6M
$7.7M
Q3 25
$5.7M
$-2.2M
Q2 25
$4.5M
$-16.2M
Q1 25
$-2.6M
$-14.3M
Q4 24
$13.1M
$-13.3M
Q3 24
$20.8M
$-3.9M
Q2 24
$7.3M
$-14.1M
Q1 24
$12.1M
$-3.4M
FCF Margin
FC
FC
SMRT
SMRT
Q4 25
-2.5%
21.0%
Q3 25
8.0%
-6.1%
Q2 25
6.7%
-42.3%
Q1 25
-4.4%
-34.7%
Q4 24
19.0%
-37.5%
Q3 24
24.7%
-9.7%
Q2 24
9.9%
-29.1%
Q1 24
19.8%
-6.7%
Capex Intensity
FC
FC
SMRT
SMRT
Q4 25
2.7%
0.0%
Q3 25
5.9%
0.2%
Q2 25
2.7%
3.3%
Q1 25
2.1%
5.3%
Q4 24
1.4%
3.5%
Q3 24
1.3%
0.6%
Q2 24
1.2%
0.5%
Q1 24
1.0%
0.1%
Cash Conversion
FC
FC
SMRT
SMRT
Q4 25
Q3 25
2.27×
Q2 25
Q1 25
Q4 24
11.98×
Q3 24
1.83×
Q2 24
1.43×
Q1 24
14.62×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FC
FC

Segment breakdown not available.

SMRT
SMRT

Hosted Services$18.1M50%
Hardware Service$12.5M34%
Smart Operations Solutions$2.6M7%
Access Control$2.0M5%
Other Smart Communities Solutions$1.3M3%

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