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Side-by-side financial comparison of NexPoint Residential Trust, Inc. (NXRT) and SmartRent, Inc. (SMRT). Click either name above to swap in a different company.

NexPoint Residential Trust, Inc. is the larger business by last-quarter revenue ($62.1M vs $36.5M, roughly 1.7× SmartRent, Inc.). On growth, SmartRent, Inc. posted the faster year-over-year revenue change (3.1% vs -2.7%). Over the past eight quarters, NexPoint Residential Trust, Inc.'s revenue compounded faster (-4.1% CAGR vs -15.0%).

NexPoint Residential Trust, Inc. is a publicly traded real estate investment trust focused on acquiring, renovating, and operating multifamily residential properties primarily across high-growth Sun Belt markets in the United States. Its portfolio consists mainly of affordable and mid-tier apartment communities, targeting steady rental income growth and long-term asset value appreciation for investors.

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.

NXRT vs SMRT — Head-to-Head

Bigger by revenue
NXRT
NXRT
1.7× larger
NXRT
$62.1M
$36.5M
SMRT
Growing faster (revenue YoY)
SMRT
SMRT
+5.8% gap
SMRT
3.1%
-2.7%
NXRT
Faster 2-yr revenue CAGR
NXRT
NXRT
Annualised
NXRT
-4.1%
-15.0%
SMRT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NXRT
NXRT
SMRT
SMRT
Revenue
$62.1M
$36.5M
Net Profit
$-3.2M
Gross Margin
38.6%
Operating Margin
8.4%
-10.9%
Net Margin
-8.9%
Revenue YoY
-2.7%
3.1%
Net Profit YoY
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.

Revenue
NXRT
NXRT
SMRT
SMRT
Q4 25
$62.1M
$36.5M
Q3 25
$62.8M
$36.2M
Q2 25
$63.1M
$38.3M
Q1 25
$63.2M
$41.3M
Q4 24
$63.8M
$35.4M
Q3 24
$64.1M
$40.5M
Q2 24
$64.2M
$48.5M
Q1 24
$67.6M
$50.5M
Net Profit
NXRT
NXRT
SMRT
SMRT
Q4 25
$-3.2M
Q3 25
$-7.8M
$-6.3M
Q2 25
$-7.0M
$-10.9M
Q1 25
$-6.9M
$-40.2M
Q4 24
$-11.4M
Q3 24
$-8.9M
$-9.9M
Q2 24
$10.6M
$-4.6M
Q1 24
$26.3M
$-7.7M
Gross Margin
NXRT
NXRT
SMRT
SMRT
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 24
38.5%
Operating Margin
NXRT
NXRT
SMRT
SMRT
Q4 25
8.4%
-10.9%
Q3 25
11.8%
-19.4%
Q2 25
12.5%
-30.5%
Q1 25
11.7%
-99.9%
Q4 24
18.0%
-36.6%
Q3 24
8.7%
-29.0%
Q2 24
39.7%
-14.3%
Q1 24
60.7%
-20.1%
Net Margin
NXRT
NXRT
SMRT
SMRT
Q4 25
-8.9%
Q3 25
-12.4%
-17.3%
Q2 25
-11.1%
-28.3%
Q1 25
-10.9%
-97.2%
Q4 24
-32.3%
Q3 24
-13.8%
-24.5%
Q2 24
16.5%
-9.5%
Q1 24
38.9%
-15.2%
EPS (diluted)
NXRT
NXRT
SMRT
SMRT
Q4 25
$-0.02
Q3 25
$-0.31
$-0.03
Q2 25
$-0.28
$-0.06
Q1 25
$-0.27
$-0.21
Q4 24
$-0.06
Q3 24
$-0.35
$-0.05
Q2 24
$0.40
$-0.02
Q1 24
$1.00
$-0.04

Balance Sheet & Financial Strength

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

Metric
NXRT
NXRT
SMRT
SMRT
Cash + ST InvestmentsLiquidity on hand
$13.7M
$104.5M
Total DebtLower is stronger
$1.6B
Stockholders' EquityBook value
$295.5M
$232.1M
Total Assets
$1.9B
$320.9M
Debt / EquityLower = less leverage
5.39×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NXRT
NXRT
SMRT
SMRT
Q4 25
$13.7M
$104.5M
Q3 25
$10.8M
$100.0M
Q2 25
$13.6M
$105.0M
Q1 25
$23.7M
$125.6M
Q4 24
$23.1M
$142.5M
Q3 24
$17.4M
$163.4M
Q2 24
$21.3M
$187.4M
Q1 24
$37.2M
$204.7M
Total Debt
NXRT
NXRT
SMRT
SMRT
Q4 25
$1.6B
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
$1.5B
Stockholders' Equity
NXRT
NXRT
SMRT
SMRT
Q4 25
$295.5M
$232.1M
Q3 25
$322.9M
$234.4M
Q2 25
$347.9M
$238.8M
Q1 25
$379.9M
$250.7M
Q4 24
$410.4M
$289.4M
Q3 24
$447.1M
$305.1M
Q2 24
$491.1M
$329.4M
Q1 24
$512.8M
$333.1M
Total Assets
NXRT
NXRT
SMRT
SMRT
Q4 25
$1.9B
$320.9M
Q3 25
$1.8B
$335.8M
Q2 25
$1.9B
$354.0M
Q1 25
$1.9B
$366.1M
Q4 24
$1.9B
$420.2M
Q3 24
$2.0B
$448.6M
Q2 24
$2.0B
$475.3M
Q1 24
$2.0B
$485.5M
Debt / Equity
NXRT
NXRT
SMRT
SMRT
Q4 25
5.39×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
2.92×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NXRT
NXRT
SMRT
SMRT
Operating Cash FlowLast quarter
$83.6M
$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.

Operating Cash Flow
NXRT
NXRT
SMRT
SMRT
Q4 25
$83.6M
$7.7M
Q3 25
$29.3M
$-2.1M
Q2 25
$19.9M
$-14.9M
Q1 25
$28.3M
$-12.2M
Q4 24
$73.6M
$-12.0M
Q3 24
$27.8M
$-3.7M
Q2 24
$19.7M
$-13.9M
Q1 24
$19.7M
$-3.3M
Free Cash Flow
NXRT
NXRT
SMRT
SMRT
Q4 25
$7.7M
Q3 25
$-2.2M
Q2 25
$-16.2M
Q1 25
$-14.3M
Q4 24
$-13.3M
Q3 24
$-3.9M
Q2 24
$-14.1M
Q1 24
$-3.4M
FCF Margin
NXRT
NXRT
SMRT
SMRT
Q4 25
21.0%
Q3 25
-6.1%
Q2 25
-42.3%
Q1 25
-34.7%
Q4 24
-37.5%
Q3 24
-9.7%
Q2 24
-29.1%
Q1 24
-6.7%
Capex Intensity
NXRT
NXRT
SMRT
SMRT
Q4 25
0.0%
Q3 25
0.2%
Q2 25
3.3%
Q1 25
5.3%
Q4 24
3.5%
Q3 24
0.6%
Q2 24
0.5%
Q1 24
0.1%
Cash Conversion
NXRT
NXRT
SMRT
SMRT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
1.86×
Q1 24
0.75×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NXRT
NXRT

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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