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Side-by-side financial comparison of SmartRent, Inc. (SMRT) and SUNation Energy, Inc. (SUNE). Click either name above to swap in a different company.

SmartRent, Inc. is the larger business by last-quarter revenue ($36.5M vs $27.2M, roughly 1.3× SUNation Energy, Inc.). SUNation Energy, Inc. runs the higher net margin — 9.6% vs -8.9%, a 18.5% gap on every dollar of revenue. On growth, SUNation Energy, Inc. posted the faster year-over-year revenue change (77.0% vs 3.1%). Over the past eight quarters, SUNation Energy, Inc.'s revenue compounded faster (43.5% 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.

Suncor Energy Inc. is a Canadian integrated energy company based in Calgary, Alberta. It specializes in production of synthetic crude from oil sands. In the 2020 Forbes Global 2000, Suncor Energy was ranked as the 48th-largest public company in the world.

SMRT vs SUNE — Head-to-Head

Bigger by revenue
SMRT
SMRT
1.3× larger
SMRT
$36.5M
$27.2M
SUNE
Growing faster (revenue YoY)
SUNE
SUNE
+73.9% gap
SUNE
77.0%
3.1%
SMRT
Higher net margin
SUNE
SUNE
18.5% more per $
SUNE
9.6%
-8.9%
SMRT
Faster 2-yr revenue CAGR
SUNE
SUNE
Annualised
SUNE
43.5%
-15.0%
SMRT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SMRT
SMRT
SUNE
SUNE
Revenue
$36.5M
$27.2M
Net Profit
$-3.2M
$2.6M
Gross Margin
38.6%
40.7%
Operating Margin
-10.9%
10.7%
Net Margin
-8.9%
9.6%
Revenue YoY
3.1%
77.0%
Net Profit YoY
71.6%
138.2%
EPS (diluted)
$-0.02
$105.59

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
SMRT
SMRT
SUNE
SUNE
Q4 25
$36.5M
$27.2M
Q3 25
$36.2M
$19.0M
Q2 25
$38.3M
$13.1M
Q1 25
$41.3M
$12.6M
Q4 24
$35.4M
$15.4M
Q3 24
$40.5M
$14.7M
Q2 24
$48.5M
$13.5M
Q1 24
$50.5M
$13.2M
Net Profit
SMRT
SMRT
SUNE
SUNE
Q4 25
$-3.2M
$2.6M
Q3 25
$-6.3M
$-393.0K
Q2 25
$-10.9M
$-9.6M
Q1 25
$-40.2M
$-3.5M
Q4 24
$-11.4M
$-6.8M
Q3 24
$-9.9M
$-3.3M
Q2 24
$-4.6M
$-6.9M
Q1 24
$-7.7M
$1.2M
Gross Margin
SMRT
SMRT
SUNE
SUNE
Q4 25
38.6%
40.7%
Q3 25
26.4%
38.0%
Q2 25
33.1%
37.0%
Q1 25
32.8%
35.1%
Q4 24
28.7%
36.4%
Q3 24
33.2%
35.6%
Q2 24
35.7%
35.4%
Q1 24
38.5%
36.4%
Operating Margin
SMRT
SMRT
SUNE
SUNE
Q4 25
-10.9%
10.7%
Q3 25
-19.4%
-1.3%
Q2 25
-30.5%
-16.6%
Q1 25
-99.9%
-17.2%
Q4 24
-36.6%
-42.3%
Q3 24
-29.0%
-10.9%
Q2 24
-14.3%
-15.0%
Q1 24
-20.1%
-16.5%
Net Margin
SMRT
SMRT
SUNE
SUNE
Q4 25
-8.9%
9.6%
Q3 25
-17.3%
-2.1%
Q2 25
-28.3%
-73.5%
Q1 25
-97.2%
-27.7%
Q4 24
-32.3%
-44.4%
Q3 24
-24.5%
-22.4%
Q2 24
-9.5%
-51.2%
Q1 24
-15.2%
9.1%
EPS (diluted)
SMRT
SMRT
SUNE
SUNE
Q4 25
$-0.02
$105.59
Q3 25
$-0.03
$-0.12
Q2 25
$-0.06
$-3.14
Q1 25
$-0.21
$-106.71
Q4 24
$-0.06
$41676.94
Q3 24
$-0.05
$-2350.12
Q2 24
$-0.02
$-11022.91
Q1 24
$-0.04
$-38414.84

Balance Sheet & Financial Strength

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

Metric
SMRT
SMRT
SUNE
SUNE
Cash + ST InvestmentsLiquidity on hand
$104.5M
$7.2M
Total DebtLower is stronger
$6.6M
Stockholders' EquityBook value
$232.1M
$24.3M
Total Assets
$320.9M
$48.2M
Debt / EquityLower = less leverage
0.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SMRT
SMRT
SUNE
SUNE
Q4 25
$104.5M
$7.2M
Q3 25
$100.0M
$5.4M
Q2 25
$105.0M
$3.2M
Q1 25
$125.6M
$1.4M
Q4 24
$142.5M
$839.3K
Q3 24
$163.4M
$1.1M
Q2 24
$187.4M
$1.0M
Q1 24
$204.7M
$1.8M
Total Debt
SMRT
SMRT
SUNE
SUNE
Q4 25
$6.6M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
SMRT
SMRT
SUNE
SUNE
Q4 25
$232.1M
$24.3M
Q3 25
$234.4M
$21.7M
Q2 25
$238.8M
$22.1M
Q1 25
$250.7M
$14.8M
Q4 24
$289.4M
$8.5M
Q3 24
$305.1M
$13.1M
Q2 24
$329.4M
$-10.9M
Q1 24
$333.1M
$-11.2M
Total Assets
SMRT
SMRT
SUNE
SUNE
Q4 25
$320.9M
$48.2M
Q3 25
$335.8M
$49.6M
Q2 25
$354.0M
$44.1M
Q1 25
$366.1M
$44.4M
Q4 24
$420.2M
$45.7M
Q3 24
$448.6M
$51.0M
Q2 24
$475.3M
$52.9M
Q1 24
$485.5M
$54.7M
Debt / Equity
SMRT
SMRT
SUNE
SUNE
Q4 25
0.27×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
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
SMRT
SMRT
SUNE
SUNE
Operating Cash FlowLast quarter
$7.7M
$2.1M
Free Cash FlowOCF − Capex
$7.7M
FCF MarginFCF / Revenue
21.0%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
0.81×
TTM Free Cash FlowTrailing 4 quarters
$-25.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SMRT
SMRT
SUNE
SUNE
Q4 25
$7.7M
$2.1M
Q3 25
$-2.1M
$2.4M
Q2 25
$-14.9M
$-130.2K
Q1 25
$-12.2M
$-3.4M
Q4 24
$-12.0M
$-1.9M
Q3 24
$-3.7M
$-968.1K
Q2 24
$-13.9M
$-776.4K
Q1 24
$-3.3M
$-2.6M
Free Cash Flow
SMRT
SMRT
SUNE
SUNE
Q4 25
$7.7M
Q3 25
$-2.2M
$2.4M
Q2 25
$-16.2M
Q1 25
$-14.3M
Q4 24
$-13.3M
$-1.9M
Q3 24
$-3.9M
$-980.3K
Q2 24
$-14.1M
$-788.4K
Q1 24
$-3.4M
$-2.7M
FCF Margin
SMRT
SMRT
SUNE
SUNE
Q4 25
21.0%
Q3 25
-6.1%
12.5%
Q2 25
-42.3%
Q1 25
-34.7%
Q4 24
-37.5%
-12.4%
Q3 24
-9.7%
-6.7%
Q2 24
-29.1%
-5.8%
Q1 24
-6.7%
-20.1%
Capex Intensity
SMRT
SMRT
SUNE
SUNE
Q4 25
0.0%
Q3 25
0.2%
0.0%
Q2 25
3.3%
Q1 25
5.3%
Q4 24
3.5%
0.0%
Q3 24
0.6%
0.1%
Q2 24
0.5%
0.1%
Q1 24
0.1%
0.0%
Cash Conversion
SMRT
SMRT
SUNE
SUNE
Q4 25
0.81×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
-2.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

SUNE
SUNE

Transferred At Point In Time$15.1M55%
Hawaii Energy Connection$10.0M37%
Transferred Over Time$2.1M8%

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