SmartRent Reports 10.5% Growth in Smart Apartments and 13.24% Increase in Active Residents in 2025
Reuters
Dec 20, 2025
SmartRent Reports 10.5% Growth in Smart Apartments and 13.24% Increase in Active Residents in 2025
SmartRent Inc. reported significant growth and business updates for 2025. The company’s flagship Smart Apartments solution is now installed in 870,000 homes nationwide, reflecting a 10.5% year-over-year increase. Monthly active resident users rose by 13.24%, growing from 680,000 in 2024 to over 770,000 in 2025. Additionally, Smart Operations users reached 44,518, supporting daily operations throughout the year. The company also strengthened its leadership team with the appointment of Frank Martell as President and Chief Executive Officer, Pankaj Bansi as Chief Transformation Officer, and Sangeeth Ponathil as Chief Information Officer, among other go-to-market leadership enhancements.
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