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Side-by-side financial comparison of SmartRent, Inc. (SMRT) and Entrada Therapeutics, Inc. (TRDA). Click either name above to swap in a different company.
SmartRent, Inc. is the larger business by last-quarter revenue ($36.5M vs $20.6M, roughly 1.8× Entrada Therapeutics, Inc.). SmartRent, Inc. runs the higher net margin — -8.9% vs -84.4%, a 75.5% gap on every dollar of revenue. On growth, SmartRent, Inc. posted the faster year-over-year revenue change (3.1% vs -65.2%). SmartRent, Inc. produced more free cash flow last quarter ($7.7M vs $-39.7M). Over the past eight quarters, Entrada Therapeutics, Inc.'s revenue compounded faster (6.4% 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.
Entrada Therapeutics is a clinical-stage biotechnology firm developing transformative intracellular therapies for serious rare diseases and high-unmet-need disorders. Its pipeline covers neuromuscular, metabolic, and central nervous system segments, serving global patients via healthcare partnerships.
SMRT vs TRDA — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2025
| Metric | | |
|---|---|---|
| Revenue | $36.5M | $20.6M |
| Net Profit | $-3.2M | $-17.3M |
| Gross Margin | 38.6% | — |
| Operating Margin | -10.9% | -106.0% |
| Net Margin | -8.9% | -84.4% |
| Revenue YoY | 3.1% | -65.2% |
| Net Profit YoY | 71.6% | -173.8% |
| EPS (diluted) | $-0.02 | $-0.42 |
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 | — | ||
| Q3 25 | $36.2M | — | ||
| Q2 25 | $38.3M | — | ||
| Q1 25 | $41.3M | $20.6M | ||
| Q4 24 | $35.4M | $37.4M | ||
| Q3 24 | $40.5M | $19.6M | ||
| Q2 24 | $48.5M | $94.7M | ||
| Q1 24 | $50.5M | $59.1M |
| Q4 25 | $-3.2M | — | ||
| Q3 25 | $-6.3M | — | ||
| Q2 25 | $-10.9M | — | ||
| Q1 25 | $-40.2M | $-17.3M | ||
| Q4 24 | $-11.4M | $1.1M | ||
| Q3 24 | $-9.9M | $-14.0M | ||
| Q2 24 | $-4.6M | $55.0M | ||
| Q1 24 | $-7.7M | $23.5M |
| 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% | — |
| Q4 25 | -10.9% | — | ||
| Q3 25 | -19.4% | — | ||
| Q2 25 | -30.5% | — | ||
| Q1 25 | -99.9% | -106.0% | ||
| Q4 24 | -36.6% | -15.7% | ||
| Q3 24 | -29.0% | -110.7% | ||
| Q2 24 | -14.3% | 56.4% | ||
| Q1 24 | -20.1% | 35.7% |
| Q4 25 | -8.9% | — | ||
| Q3 25 | -17.3% | — | ||
| Q2 25 | -28.3% | — | ||
| Q1 25 | -97.2% | -84.4% | ||
| Q4 24 | -32.3% | 3.0% | ||
| Q3 24 | -24.5% | -71.7% | ||
| Q2 24 | -9.5% | 58.1% | ||
| Q1 24 | -15.2% | 39.7% |
| Q4 25 | $-0.02 | — | ||
| Q3 25 | $-0.03 | — | ||
| Q2 25 | $-0.06 | — | ||
| Q1 25 | $-0.21 | $-0.42 | ||
| Q4 24 | $-0.06 | $-0.20 | ||
| Q3 24 | $-0.05 | $-0.35 | ||
| Q2 24 | $-0.02 | $1.55 | ||
| Q1 24 | $-0.04 | $0.68 |
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 | $67.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $232.1M | $417.3M |
| Total Assets | $320.9M | $486.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $104.5M | — | ||
| Q3 25 | $100.0M | — | ||
| Q2 25 | $105.0M | — | ||
| Q1 25 | $125.6M | $67.8M | ||
| Q4 24 | $142.5M | $101.2M | ||
| Q3 24 | $163.4M | $78.0M | ||
| Q2 24 | $187.4M | $185.3M | ||
| Q1 24 | $204.7M | $68.4M |
| Q4 25 | $232.1M | — | ||
| Q3 25 | $234.4M | — | ||
| Q2 25 | $238.8M | — | ||
| Q1 25 | $250.7M | $417.3M | ||
| Q4 24 | $289.4M | $428.7M | ||
| Q3 24 | $305.1M | $422.4M | ||
| Q2 24 | $329.4M | $429.9M | ||
| Q1 24 | $333.1M | $269.4M |
| Q4 25 | $320.9M | — | ||
| Q3 25 | $335.8M | — | ||
| Q2 25 | $354.0M | — | ||
| Q1 25 | $366.1M | $486.5M | ||
| Q4 24 | $420.2M | $526.3M | ||
| Q3 24 | $448.6M | $554.6M | ||
| Q2 24 | $475.3M | $582.0M | ||
| Q1 24 | $485.5M | $510.8M |
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 | $-38.5M |
| Free Cash FlowOCF − Capex | $7.7M | $-39.7M |
| FCF MarginFCF / Revenue | 21.0% | -192.9% |
| Capex IntensityCapex / Revenue | 0.0% | 5.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-25.1M | $-58.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $7.7M | — | ||
| Q3 25 | $-2.1M | — | ||
| Q2 25 | $-14.9M | — | ||
| Q1 25 | $-12.2M | $-38.5M | ||
| Q4 24 | $-12.0M | $-31.6M | ||
| Q3 24 | $-3.7M | $-24.3M | ||
| Q2 24 | $-13.9M | $39.8M | ||
| Q1 24 | $-3.3M | $-25.5M |
| Q4 25 | $7.7M | — | ||
| Q3 25 | $-2.2M | — | ||
| Q2 25 | $-16.2M | — | ||
| Q1 25 | $-14.3M | $-39.7M | ||
| Q4 24 | $-13.3M | $-32.2M | ||
| Q3 24 | $-3.9M | $-24.9M | ||
| Q2 24 | $-14.1M | $38.8M | ||
| Q1 24 | $-3.4M | $-26.4M |
| Q4 25 | 21.0% | — | ||
| Q3 25 | -6.1% | — | ||
| Q2 25 | -42.3% | — | ||
| Q1 25 | -34.7% | -192.9% | ||
| Q4 24 | -37.5% | -86.2% | ||
| Q3 24 | -9.7% | -127.3% | ||
| Q2 24 | -29.1% | 41.0% | ||
| Q1 24 | -6.7% | -44.6% |
| Q4 25 | 0.0% | — | ||
| Q3 25 | 0.2% | — | ||
| Q2 25 | 3.3% | — | ||
| Q1 25 | 5.3% | 5.6% | ||
| Q4 24 | 3.5% | 1.7% | ||
| Q3 24 | 0.6% | 3.3% | ||
| Q2 24 | 0.5% | 1.1% | ||
| Q1 24 | 0.1% | 1.4% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | -27.94× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.72× | ||
| Q1 24 | — | -1.09× |
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% |
TRDA
Segment breakdown not available.
