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Side-by-side financial comparison of PEDEVCO CORP (PED) 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 $23.1M, roughly 1.6× PEDEVCO CORP). SmartRent, Inc. runs the higher net margin — -8.9% vs -36.8%, a 27.9% gap on every dollar of revenue. On growth, PEDEVCO CORP posted the faster year-over-year revenue change (118.2% vs 3.1%). Over the past eight quarters, PEDEVCO CORP's revenue compounded faster (68.6% CAGR vs -15.0%).

PEDEVCO Corp is an independent energy company specializing in the acquisition, exploration, development, and production of oil and natural gas assets. It primarily holds and operates onshore resource properties across continental US basins, serving domestic wholesale, utility, and industrial energy customer segments.

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.

PED vs SMRT — Head-to-Head

Bigger by revenue
SMRT
SMRT
1.6× larger
SMRT
$36.5M
$23.1M
PED
Growing faster (revenue YoY)
PED
PED
+115.1% gap
PED
118.2%
3.1%
SMRT
Higher net margin
SMRT
SMRT
27.9% more per $
SMRT
-8.9%
-36.8%
PED
Faster 2-yr revenue CAGR
PED
PED
Annualised
PED
68.6%
-15.0%
SMRT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PED
PED
SMRT
SMRT
Revenue
$23.1M
$36.5M
Net Profit
$-8.5M
$-3.2M
Gross Margin
38.6%
Operating Margin
-21.3%
-10.9%
Net Margin
-36.8%
-8.9%
Revenue YoY
118.2%
3.1%
Net Profit YoY
-243.5%
71.6%
EPS (diluted)
$-2.23
$-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.

Revenue
PED
PED
SMRT
SMRT
Q4 25
$23.1M
$36.5M
Q3 25
$7.0M
$36.2M
Q2 25
$7.0M
$38.3M
Q1 25
$8.7M
$41.3M
Q4 24
$10.6M
$35.4M
Q3 24
$9.1M
$40.5M
Q2 24
$11.8M
$48.5M
Q1 24
$8.1M
$50.5M
Net Profit
PED
PED
SMRT
SMRT
Q4 25
$-8.5M
$-3.2M
Q3 25
$-325.0K
$-6.3M
Q2 25
$-1.7M
$-10.9M
Q1 25
$140.0K
$-40.2M
Q4 24
$5.9M
$-11.4M
Q3 24
$2.9M
$-9.9M
Q2 24
$2.7M
$-4.6M
Q1 24
$773.0K
$-7.7M
Gross Margin
PED
PED
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
PED
PED
SMRT
SMRT
Q4 25
-21.3%
-10.9%
Q3 25
-12.0%
-19.4%
Q2 25
-32.2%
-30.5%
Q1 25
1.7%
-99.9%
Q4 24
-12.9%
-36.6%
Q3 24
31.3%
-29.0%
Q2 24
22.3%
-14.3%
Q1 24
7.6%
-20.1%
Net Margin
PED
PED
SMRT
SMRT
Q4 25
-36.8%
-8.9%
Q3 25
-4.7%
-17.3%
Q2 25
-24.0%
-28.3%
Q1 25
1.6%
-97.2%
Q4 24
56.0%
-32.3%
Q3 24
32.2%
-24.5%
Q2 24
22.7%
-9.5%
Q1 24
9.5%
-15.2%
EPS (diluted)
PED
PED
SMRT
SMRT
Q4 25
$-2.23
$-0.02
Q3 25
$0.00
$-0.03
Q2 25
$-0.02
$-0.06
Q1 25
$0.00
$-0.21
Q4 24
$2.69
$-0.06
Q3 24
$0.03
$-0.05
Q2 24
$0.03
$-0.02
Q1 24
$0.01
$-0.04

Balance Sheet & Financial Strength

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

Metric
PED
PED
SMRT
SMRT
Cash + ST InvestmentsLiquidity on hand
$3.2M
$104.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$207.4M
$232.1M
Total Assets
$375.9M
$320.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PED
PED
SMRT
SMRT
Q4 25
$3.2M
$104.5M
Q3 25
$10.9M
$100.0M
Q2 25
$8.5M
$105.0M
Q1 25
$10.4M
$125.6M
Q4 24
$4.0M
$142.5M
Q3 24
$4.6M
$163.4M
Q2 24
$6.1M
$187.4M
Q1 24
$13.3M
$204.7M
Stockholders' Equity
PED
PED
SMRT
SMRT
Q4 25
$207.4M
$232.1M
Q3 25
$115.4M
$234.4M
Q2 25
$115.2M
$238.8M
Q1 25
$116.2M
$250.7M
Q4 24
$115.6M
$289.4M
Q3 24
$106.5M
$305.1M
Q2 24
$103.2M
$329.4M
Q1 24
$100.0M
$333.1M
Total Assets
PED
PED
SMRT
SMRT
Q4 25
$375.9M
$320.9M
Q3 25
$135.9M
$335.8M
Q2 25
$136.8M
$354.0M
Q1 25
$145.6M
$366.1M
Q4 24
$128.3M
$420.2M
Q3 24
$114.3M
$448.6M
Q2 24
$111.0M
$475.3M
Q1 24
$118.3M
$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
PED
PED
SMRT
SMRT
Operating Cash FlowLast quarter
$-2.1M
$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
PED
PED
SMRT
SMRT
Q4 25
$-2.1M
$7.7M
Q3 25
$7.4M
$-2.1M
Q2 25
$-420.0K
$-14.9M
Q1 25
$5.9M
$-12.2M
Q4 24
$4.2M
$-12.0M
Q3 24
$8.3M
$-3.7M
Q2 24
$4.6M
$-13.9M
Q1 24
$-4.3M
$-3.3M
Free Cash Flow
PED
PED
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
PED
PED
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
PED
PED
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
PED
PED
SMRT
SMRT
Q4 25
Q3 25
Q2 25
Q1 25
42.34×
Q4 24
0.71×
Q3 24
2.83×
Q2 24
1.71×
Q1 24
-5.56×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PED
PED

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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