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Side-by-side financial comparison of SmartRent, Inc. (SMRT) and STEM, INC. (STEM). Click either name above to swap in a different company.
STEM, INC. is the larger business by last-quarter revenue ($47.1M vs $36.5M, roughly 1.3× SmartRent, Inc.). SmartRent, Inc. runs the higher net margin — -8.9% vs -33.9%, a 25.0% gap on every dollar of revenue. On growth, SmartRent, Inc. posted the faster year-over-year revenue change (3.1% vs -15.6%). Over the past eight quarters, STEM, INC.'s revenue compounded faster (36.1% CAGR vs -15.0%).
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.
StemCells, Inc. is a public biopharmaceutical company headquartered in Newark, California, that is developing purified human neural stem cells (HuCNS-SCs) in the hopes of treating central nervous system disorders and paralysis. StemCells' HuCNS-SCs have the ability to differentiate into the three main types of cells found in the central nervous system: neurons, astrocytes and oligodendrocytes.
SMRT vs STEM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $36.5M | $47.1M |
| Net Profit | $-3.2M | $-16.0M |
| Gross Margin | 38.6% | 48.9% |
| Operating Margin | -10.9% | -17.7% |
| Net Margin | -8.9% | -33.9% |
| Revenue YoY | 3.1% | -15.6% |
| Net Profit YoY | 71.6% | 68.8% |
| EPS (diluted) | $-0.02 | $-4.40 |
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 | $36.5M | $47.1M | ||
| Q3 25 | $36.2M | $38.2M | ||
| Q2 25 | $38.3M | $38.4M | ||
| Q1 25 | $41.3M | $32.5M | ||
| Q4 24 | $35.4M | $55.8M | ||
| Q3 24 | $40.5M | $29.3M | ||
| Q2 24 | $48.5M | $34.0M | ||
| Q1 24 | $50.5M | $25.5M |
| Q4 25 | $-3.2M | $-16.0M | ||
| Q3 25 | $-6.3M | $-23.8M | ||
| Q2 25 | $-10.9M | $202.5M | ||
| Q1 25 | $-40.2M | $-25.0M | ||
| Q4 24 | $-11.4M | $-51.1M | ||
| Q3 24 | $-9.9M | $-148.3M | ||
| Q2 24 | $-4.6M | $-582.3M | ||
| Q1 24 | $-7.7M | $-72.3M |
| Q4 25 | 38.6% | 48.9% | ||
| Q3 25 | 26.4% | 35.5% | ||
| Q2 25 | 33.1% | 33.4% | ||
| Q1 25 | 32.8% | 32.4% | ||
| Q4 24 | 28.7% | -4.4% | ||
| Q3 24 | 33.2% | 21.2% | ||
| Q2 24 | 35.7% | 27.6% | ||
| Q1 24 | 38.5% | -95.0% |
| Q4 25 | -10.9% | -17.7% | ||
| Q3 25 | -19.4% | -33.6% | ||
| Q2 25 | -30.5% | -34.8% | ||
| Q1 25 | -99.9% | -65.0% | ||
| Q4 24 | -36.6% | -84.4% | ||
| Q3 24 | -29.0% | -493.2% | ||
| Q2 24 | -14.3% | -1705.5% | ||
| Q1 24 | -20.1% | -267.0% |
| Q4 25 | -8.9% | -33.9% | ||
| Q3 25 | -17.3% | -62.2% | ||
| Q2 25 | -28.3% | 527.8% | ||
| Q1 25 | -97.2% | -76.9% | ||
| Q4 24 | -32.3% | -91.6% | ||
| Q3 24 | -24.5% | -506.3% | ||
| Q2 24 | -9.5% | -1712.6% | ||
| Q1 24 | -15.2% | -283.9% |
| Q4 25 | $-0.02 | $-4.40 | ||
| Q3 25 | $-0.03 | $-2.84 | ||
| Q2 25 | $-0.06 | $-1.79 | ||
| Q1 25 | $-0.21 | $-0.15 | ||
| Q4 24 | $-0.06 | $-15.29 | ||
| Q3 24 | $-0.05 | $-18.24 | ||
| Q2 24 | $-0.02 | $-71.81 | ||
| Q1 24 | $-0.04 | $-0.46 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $104.5M | $48.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $232.1M | $-249.4M |
| Total Assets | $320.9M | $308.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $104.5M | $48.9M | ||
| Q3 25 | $100.0M | $43.1M | ||
| Q2 25 | $105.0M | $40.8M | ||
| Q1 25 | $125.6M | $58.6M | ||
| Q4 24 | $142.5M | $56.3M | ||
| Q3 24 | $163.4M | $75.4M | ||
| Q2 24 | $187.4M | $89.6M | ||
| Q1 24 | $204.7M | $112.8M |
| Q4 25 | $232.1M | $-249.4M | ||
| Q3 25 | $234.4M | $-235.7M | ||
| Q2 25 | $238.8M | $-214.1M | ||
| Q1 25 | $250.7M | $-417.5M | ||
| Q4 24 | $289.4M | $-398.4M | ||
| Q3 24 | $305.1M | $-344.1M | ||
| Q2 24 | $329.4M | $-203.2M | ||
| Q1 24 | $333.1M | $371.6M |
| Q4 25 | $320.9M | $308.9M | ||
| Q3 25 | $335.8M | $362.6M | ||
| Q2 25 | $354.0M | $379.2M | ||
| Q1 25 | $366.1M | $405.1M | ||
| Q4 24 | $420.2M | $437.4M | ||
| Q3 24 | $448.6M | $537.8M | ||
| Q2 24 | $475.3M | $691.5M | ||
| Q1 24 | $485.5M | $1.3B |
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 | $7.7M | $8.2M |
| 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.
| Q4 25 | $7.7M | $8.2M | ||
| Q3 25 | $-2.1M | $11.4M | ||
| Q2 25 | $-14.9M | $-21.3M | ||
| Q1 25 | $-12.2M | $8.5M | ||
| Q4 24 | $-12.0M | $-14.7M | ||
| Q3 24 | $-3.7M | $-9.4M | ||
| Q2 24 | $-13.9M | $-11.9M | ||
| Q1 24 | $-3.3M | $-621.0K |
| 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 | — |
| 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% | — |
| 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% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -0.11× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
STEM
Segment breakdown not available.
