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SmartRent eyes 1 million installed units as Vision 2028 lifts gross margins to 41%

8/5/2026

The proptech sector has been navigating a cautious capital environment, with elevated borrowing costs weighing on multifamily property investment cycles across much of the industry.

Against that backdrop, SmartRent is projecting it will surpass 1 million installed units in the first half of next year.

The company points to its Vision 2028 strategy as the driver of both that trajectory and a gross margin now at 41%. What Vision 2028 has delivered Vision 2028 is SmartRent's medium-term operating framework.

The 41% gross margin figure is its most tangible result to date.

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