vs
Side-by-side financial comparison of GENCOR INDUSTRIES INC (GENC) 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 $23.6M, roughly 1.5× GENCOR INDUSTRIES INC). GENCOR INDUSTRIES INC runs the higher net margin — 14.6% vs -8.9%, a 23.5% gap on every dollar of revenue. On growth, SmartRent, Inc. posted the faster year-over-year revenue change (3.1% vs -25.0%). GENCOR INDUSTRIES INC produced more free cash flow last quarter ($10.1M vs $7.7M). Over the past eight quarters, SmartRent, Inc.'s revenue compounded faster (-15.0% CAGR vs -23.9%).
Gencor Industries Inc is a leading manufacturer of heavy construction and infrastructure equipment, specializing in asphalt production plants, thermal combustion systems, and supporting road-building machinery. It primarily serves North American and global construction markets, supplying products to both public sector infrastructure projects and private commercial construction operators.
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.
GENC vs SMRT — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $23.6M | $36.5M |
| Net Profit | $3.4M | $-3.2M |
| Gross Margin | 28.7% | 38.6% |
| Operating Margin | 13.2% | -10.9% |
| Net Margin | 14.6% | -8.9% |
| Revenue YoY | -25.0% | 3.1% |
| Net Profit YoY | -9.8% | 71.6% |
| EPS (diluted) | $0.23 | $-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 | $23.6M | $36.5M | ||
| Q3 25 | $18.8M | $36.2M | ||
| Q2 25 | $27.0M | $38.3M | ||
| Q1 25 | $38.2M | $41.3M | ||
| Q4 24 | $31.4M | $35.4M | ||
| Q3 24 | $20.9M | $40.5M | ||
| Q2 24 | $25.6M | $48.5M | ||
| Q1 24 | $40.7M | $50.5M |
| Q4 25 | $3.4M | $-3.2M | ||
| Q3 25 | $1.9M | $-6.3M | ||
| Q2 25 | $3.8M | $-10.9M | ||
| Q1 25 | $6.1M | $-40.2M | ||
| Q4 24 | $3.8M | $-11.4M | ||
| Q3 24 | $1.5M | $-9.9M | ||
| Q2 24 | $2.6M | $-4.6M | ||
| Q1 24 | $6.2M | $-7.7M |
| Q4 25 | 28.7% | 38.6% | ||
| Q3 25 | 24.2% | 26.4% | ||
| Q2 25 | 26.5% | 33.1% | ||
| Q1 25 | 29.7% | 32.8% | ||
| Q4 24 | 27.6% | 28.7% | ||
| Q3 24 | 25.6% | 33.2% | ||
| Q2 24 | 23.9% | 35.7% | ||
| Q1 24 | 30.3% | 38.5% |
| Q4 25 | 13.2% | -10.9% | ||
| Q3 25 | -1.2% | -19.4% | ||
| Q2 25 | 11.6% | -30.5% | ||
| Q1 25 | 17.0% | -99.9% | ||
| Q4 24 | 14.7% | -36.6% | ||
| Q3 24 | 5.9% | -29.0% | ||
| Q2 24 | 7.8% | -14.3% | ||
| Q1 24 | 17.4% | -20.1% |
| Q4 25 | 14.6% | -8.9% | ||
| Q3 25 | 10.2% | -17.3% | ||
| Q2 25 | 14.2% | -28.3% | ||
| Q1 25 | 16.0% | -97.2% | ||
| Q4 24 | 12.1% | -32.3% | ||
| Q3 24 | 6.9% | -24.5% | ||
| Q2 24 | 10.0% | -9.5% | ||
| Q1 24 | 15.3% | -15.2% |
| Q4 25 | $0.23 | $-0.02 | ||
| Q3 25 | $0.13 | $-0.03 | ||
| Q2 25 | $0.26 | $-0.06 | ||
| Q1 25 | $0.42 | $-0.21 | ||
| Q4 24 | $0.26 | $-0.06 | ||
| Q3 24 | $0.10 | $-0.05 | ||
| Q2 24 | $0.17 | $-0.02 | ||
| Q1 24 | $0.42 | $-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 | $147.7M | $104.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $215.2M | $232.1M |
| Total Assets | $228.9M | $320.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $147.7M | $104.5M | ||
| Q3 25 | $136.3M | $100.0M | ||
| Q2 25 | $136.0M | $105.0M | ||
| Q1 25 | $143.7M | $125.6M | ||
| Q4 24 | $130.1M | $142.5M | ||
| Q3 24 | $115.4M | $163.4M | ||
| Q2 24 | $116.6M | $187.4M | ||
| Q1 24 | $117.1M | $204.7M |
| Q4 25 | — | — | ||
| Q3 25 | $0 | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $0 | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $215.2M | $232.1M | ||
| Q3 25 | $211.8M | $234.4M | ||
| Q2 25 | $209.9M | $238.8M | ||
| Q1 25 | $206.1M | $250.7M | ||
| Q4 24 | $200.0M | $289.4M | ||
| Q3 24 | $196.1M | $305.1M | ||
| Q2 24 | $194.7M | $329.4M | ||
| Q1 24 | $192.1M | $333.1M |
| Q4 25 | $228.9M | $320.9M | ||
| Q3 25 | $222.6M | $335.8M | ||
| Q2 25 | $220.2M | $354.0M | ||
| Q1 25 | $223.9M | $366.1M | ||
| Q4 24 | $218.2M | $420.2M | ||
| Q3 24 | $208.1M | $448.6M | ||
| Q2 24 | $201.8M | $475.3M | ||
| Q1 24 | $206.0M | $485.5M |
| Q4 25 | — | — | ||
| Q3 25 | 0.00× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.00× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $11.1M | $7.7M |
| Free Cash FlowOCF − Capex | $10.1M | $7.7M |
| FCF MarginFCF / Revenue | 43.0% | 21.0% |
| Capex IntensityCapex / Revenue | 4.1% | 0.0% |
| Cash ConversionOCF / Net Profit | 3.23× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-3.2M | $-25.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $11.1M | $7.7M | ||
| Q3 25 | $-275.0K | $-2.1M | ||
| Q2 25 | $-23.9M | $-14.9M | ||
| Q1 25 | $12.4M | $-12.2M | ||
| Q4 24 | $14.8M | $-12.0M | ||
| Q3 24 | $-3.2M | $-3.7M | ||
| Q2 24 | $-1.0M | $-13.9M | ||
| Q1 24 | $11.7M | $-3.3M |
| Q4 25 | $10.1M | $7.7M | ||
| Q3 25 | $-1.3M | $-2.2M | ||
| Q2 25 | $-24.4M | $-16.2M | ||
| Q1 25 | $12.3M | $-14.3M | ||
| Q4 24 | $14.5M | $-13.3M | ||
| Q3 24 | $-3.3M | $-3.9M | ||
| Q2 24 | $-1.4M | $-14.1M | ||
| Q1 24 | $11.7M | $-3.4M |
| Q4 25 | 43.0% | 21.0% | ||
| Q3 25 | -6.8% | -6.1% | ||
| Q2 25 | -90.4% | -42.3% | ||
| Q1 25 | 32.2% | -34.7% | ||
| Q4 24 | 46.1% | -37.5% | ||
| Q3 24 | -15.8% | -9.7% | ||
| Q2 24 | -5.6% | -29.1% | ||
| Q1 24 | 28.7% | -6.7% |
| Q4 25 | 4.1% | 0.0% | ||
| Q3 25 | 5.4% | 0.2% | ||
| Q2 25 | 1.8% | 3.3% | ||
| Q1 25 | 0.4% | 5.3% | ||
| Q4 24 | 1.0% | 3.5% | ||
| Q3 24 | 0.4% | 0.6% | ||
| Q2 24 | 1.5% | 0.5% | ||
| Q1 24 | 0.0% | 0.1% |
| Q4 25 | 3.23× | — | ||
| Q3 25 | -0.14× | — | ||
| Q2 25 | -6.24× | — | ||
| Q1 25 | 2.04× | — | ||
| Q4 24 | 3.88× | — | ||
| Q3 24 | -2.22× | — | ||
| Q2 24 | -0.41× | — | ||
| Q1 24 | 1.87× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GENC
Segment breakdown not available.
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% |
