Smartsheet

Smartsheet, Inc. engages in the design and development of cloud-based platform for work management. It offers ways for customers to plan and manage their work using grids, projects, cards, and calendars. The company was founded by W. Eric Browne, Maria Colacurcio, John D. Creason, and Brent R. Frei in 2005 and is headquartered in Bellevue, WA.

Earnings data Q4 2021

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Smartsheet reports robust Q1 performance amidst macro challenges

Smartsheet's Q1 2024 earnings call showcased strong financial performance and notable enterprise expansions. However, challenges in the macro environment have impacted sales productivity, leading to a focus on incremental marketing programs and real-time investment decisions. Despite over-performance in Q1, revenue guidance remains unchanged due to a conservative approach given the dynamic macro environment.

Smartsheet reports strong Q2 performance and anticipates $1B ARR

Smartsheet's Q2 earnings call highlighted robust financial performance, a growing customer base, and plans for future expansion. While facing challenges related to customer retention and sales force productivity, the company is well-positioned to capitalize on opportunities in the enterprise segment and the introduction of new modules. Overall, Smartsheet's performance reflects a positive trajectory for future growth.

Smartsheet exceeds Q3 revenue expectations, cautious outlook for FY '25

Smartsheet's Q3 performance exceeded expectations, with strong revenue growth and significant customer expansions. While facing challenges in SMB expansions and cautious outlook for FY '25, the company sees opportunities in AI integration and global expansion. The focus on self-discovery capabilities and partnerships also presents promising growth potential.

Smartsheet exceeds Q4 expectations, focuses on AI integration for growth

Smartsheet's Q4 performance showcased robust revenue growth, profitability, and customer expansion. The company's focus on product innovation, AI integration, and strategic partnerships positions it well for future growth. While macroeconomic challenges persist, Smartsheet's emphasis on enterprise customers and margin expansion presents opportunities for sustained success.

Smartsheet beats Q1 revenue targets, eyes platform growth opportunities

Smartsheet's Q1 performance exceeded expectations across key metrics.
The company's strengths lie in customer expansions, new plan success, and investments.
Challenges include macro conditions and international headwinds.
Opportunities in platform enhancements, market focus, and partner strategies.

Smartsheet exceeds Q2 revenue targets, eyes enterprise growth opportunities

Smartsheet delivered strong Q2 results, surpassing revenue targets and showcasing growth in key metrics.
While facing challenges in net retention and user conversion, the company's focus on enterprise solutions and product enhancements presents opportunities for future growth.
Recognition in the industry, notable customer expansions, and upcoming product modules position Smartsheet well for continued success and innovation.

Smartsheet surpasses Q3 revenue targets, eyes global expansion and AI integration

Smartsheet delivered strong Q3 results, exceeding revenue guidance and showcasing growth in billings and user base. The company's strategic expansions with key clients and focus on AI integration and global expansion position it well for future success.
While facing challenges in SMB expansions and evolving customer dynamics, Smartsheet's strengths in driving enterprise deals, modular feature development, and partnership strategies offer resilience. The company must navigate uncertainties around Gen AI and industry pressures to capitalize on growth opportunities.
Overall, Smartsheet's performance in Q3 reflects resilience and strategic foresight, with a balance of strengths, challenges, and opportunities shaping its path forward. Navigating industry dynamics and leveraging partnerships will be key to sustaining growth and innovation.

Smartsheet hits $1B ARR milestone, eyes growth amid challenges

Smartsheet's Q4 FY 2024 performance reflects strong financial results, notable customer expansions, and guidance for continued growth in FY '25, underpinned by key strengths in innovation and customer loyalty.
While facing challenges such as pressure on SMBs and margin improvement, the company has opportunities to leverage AI capabilities, address SMB weaknesses, and expand internationally for sustained growth.
Overall, Smartsheet's strategic focus on innovation, customer engagement, and market expansion positions it well for future success, despite navigating challenges and uncertainties in the business landscape.
Investors should monitor Smartsheet's execution of growth strategies, particularly in addressing SMB challenges, leveraging AI capabilities, and capitalizing on international opportunities to drive long-term value.

Smartsheet posts robust Q1 results, eyes sustained growth and innovation

Smartsheet's Q1 FY 2025 earnings call highlighted strong financial performance, customer expansions, and strategic initiatives like the collaboration with KPMG and new pricing model.
The company's focus on AI adoption, product development, and margin improvement underscores a commitment to innovation, customer value, and sustainable growth.
While facing challenges in user conversion, growth consistency, and operational balance, Smartsheet's opportunities lie in sustained revenue growth, market differentiation, and international expansion.

Smartsheet reports robust Q2 earnings, AI adoption drives growth

Smartsheet's Q2 performance reflects strong customer expansion and revenue growth, driven by key deals and AI tool adoption.
While facing challenges in pricing models and market competition, the company's strategic focus on platform modernization and user experience bodes well for future success.
Opportunities lie in AI tool adoption, expansion deals, and raised guidance, positioning Smartsheet for continued growth and profitability.

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Smartsheet, Inc. engages in the design and development of a cloud-based platform for work management. It offers ways for customers to plan and manage work using tables, plans, projects, cards, Gantt charts, and calendars, as well as allowing users to toggle between views. The company was founded by W. Eric Browne, Maria Colacurcio, John D. Creason, and Brent R. Frei in 2005 and is headquartered in Bellevue, WA.

Smartsheet Inc. (SMAR) CEO Mark Mader on Q3 2021 Results - Earnings Call Transcript

Smartsheet Inc. SMAR shares rallied in the extended session Monday after the cloud-based work management platform topped Wall Street estimates for the quarter. Smartsheet shares surged 14% after hours, following a 1.5% rise in the regular session to close at $62.47.

Smartsheet stock rallies as earnings exceed expectations

Smartsheet stock spiked more than 12% in after-hours trading as the company saw revenue grow 38% year-over-year to $98.

Smartsheet shares soar 12% after company beats expectations with $98.9M in Q3 revenue, up 38%

Shares of Smartsheet (NYSE:SMAR) moved higher by 9.17% after the company reported Q3 results. Quarterly Results Earnings per share rose 20.00% year over year to ($0.12), which beat the estimate of ($0.21).

Smartsheet: Q3 Earnings Insights

BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet (NYSE:SMAR), the enterprise platform for dynamic work, today announced Pete Godbole has joined the company as Chief Financial Officer. “Pete is an enterprise software industry veteran whose success architecting business and financial models will help drive our next phase of growth,” said Mark Mader, Chief Executive Officer at Smartsheet. “At a time when Collaborative Work Management platforms are gaining enterprise adoption in support of digital-firs

Smartsheet Appoints Pete Godbole as Chief Financial Officer

BELLEVUE, Wash.--(BUSINESS WIRE)---- $SMAR #earnings--Smartsheet Inc. Announces Third Quarter 2021 Results

Smartsheet Inc. Announces Third Quarter Fiscal Year 2021 Results

Broadcom

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The third-quarter earnings reporting season is winding down, but a few more major companies will be sharing their results soon.

GameStop, Campbell Soup, Stitch Fix, Broadcom, Costco, and More Major Earnings Coming This Week

Smartsheet (NYSE:SMAR) announces its next round of earnings this Monday, December 07. Here is Benzinga's everything-that-matters guide for this Monday's Q3 earnings announcement.

Preview: Smartsheet's Earnings

BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet (NYSE:SMAR), the enterprise platform for dynamic work, today announced San Diego State University (SDSU) and OCMI are using Smartsheet to manage multi-million dollar capital construction projects. SDSU is one of the 23 campuses in the California State University system and is constructing the largest capital program within the university network. Prior to adopting Smartsheet, the SDSU construction team, in partnership with OCMI, was managing projects

San Diego State University and OCMI Manage Multi-Million Dollar Construction Projects with Smartsheet

Smartsheet (SMAR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Smartsheet (SMAR) Q3 Earnings Expected to Decline

BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet (NYSE:SMAR), the enterprise platform for dynamic work, today announced that Burton Snowboards (Burton) has chosen Smartsheet's platform to drive efficiency and gain better visibility into resourcing across its marketing department. Burton needed to implement a more efficient solution to route incoming marketing requests and resource them accordingly to replace a disjointed mix of platforms and applications. After evaluating several platforms, Burton

Burton Snowboards Chooses Smartsheet to Drive Efficiency and Visibility Across Marketing Initiatives

While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, virus news and stimulus talks, many smart money investors are starting to get cautious towards the current bull run since March and hedging or reducing many of their long positions. Some fund managers are betting on Dow hitting 30,000 to generate strong returns. However, as we know, big investors usually buy stocks with strong fundamentals that can deliver gains both in bull and bear markets, which is why we believe we can profit from imitating them. In this article, we are going to take a look at the smart money sentiment surrounding Smartsheet Inc. (NYSE:SMAR).

Was The Smart Money Right About Smartsheet Inc. (SMAR)?

BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet (NYSE:SMAR), the enterprise platform for dynamic work, today announced a dashboard for fans to follow British professional solo sailor, Pip Hare, during her three-month journey in the Vendée Globe. Throughout the competition, the dashboard will provide sailing and non-sailing fans with a way to experience the race, receive expert commentary and track Hare's progress. “Pip's determination to challenge the industry norm and drive to be dynamic continue

Smartsheet Brings Fans Along Pip Hare's Journey in the Vendée Globe

LONDON--(BUSINESS WIRE)--Smartsheet (NYSE:SMAR), the enterprise platform for dynamic work, today announces UK-based Specialist Project Integration (SPI) has joined the Smartsheet Aligned Partner Program as a Platinum Partner to deliver customers an integrated solution that enables informed decision making resulting in improved business processes. As a customer turned partner, the partnership is rooted in SPI's deep understanding of using Smartsheet's platform to reduce administrative tasks, unl

Smartsheet Announces Specialist Project Integration as New UK Channel Partner

BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet (NYSE: SMAR), the enterprise platform for dynamic work, today announced the company was recognized by Comparably for its company culture and workplace benefits. Honored in all four of this quarter’s categories, Smartsheet was awarded for Happiest Employees, Best Companies for Compensation, Best Companies for Perks & Benefits, and Best Companies for Work-Life Balance. “Building a successful workplace means building a company culture that creates a

Smartsheet Wins Four Comparably Awards Recognizing Company Culture and Workplace Benefits

Mimecast

BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet (NYSE:SMAR), the enterprise platform for dynamic work, today announced Mimecast (NASDAQ:MIME), a leading security and cyber resilience company, has selected Smartsheet to drive strategic enterprise initiatives across its organization, digitally transform its processes and better service its global customer base. “Digital transformation has become a key priority for our organization as we continue to grow and scale our solution,” said Phil Yennaco, Di

Mimecast Deploys Smartsheet to Drive Strategic Enterprise Initiatives Across its Global Organization

BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet (NYSE:SMAR), the enterprise platform for dynamic work, today announced KEEN, Inc. has selected Smartsheet to streamline operations and boost collaboration across several departments, including product development, marketing and creative services, and HR operations. Looking to develop a more efficient process for its annual product line planning, KEEN’s product development team turned to Smartsheet to strategically track, collaborate, and execute on t

KEEN Inc. Selects Smartsheet to Streamline Operations and Boost Cross-Departmental Collaboration

BELLEVUE, Wash. & SYDNEY--(BUSINESS WIRE)--Smartsheet (NYSE:SMAR), the enterprise platform for dynamic work, today announced the start of its first ENGAGE APAC event. Continuing the conversation from ENGAGE US and ENGAGE EMEA, the virtual event will discuss the key to unlocking human potential through panel discussions, case studies, and product demonstrations from organisations across the region. As organisations continue to transform how they work due to the pandemic, many are looking to coll

Smartsheet Kicks Off First ENGAGE APAC Event

BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet (NYSE:SMAR), the enterprise platform for dynamic work, today announced the company's second annual Partner Summits that coincides with Smartsheet’s ENGAGE conference. Since the company’s best-in-class channel partner program launched in 2019, Smartsheet Aligned has grown to include over 450 global partners to deliver powerful collaboration solutions and better serve customer demand. “We’ve seen tremendous growth in our Smartsheet Aligned program over

Smartsheet to Discuss Channel Program Growth and Opportunities During ENGAGE Partner Summits

BELLEVUE, Wash. & LONDON--(BUSINESS WIRE)--Smartsheet (NYSE:SMAR), the enterprise platform for dynamic work, announced its first ever EMEA ENGAGE event, which takes place today. Building on the product announcements shared during last week’s ENGAGE US conference, today’s event will feature leading organisations across the region who are transforming work into dynamic work. The impact of the pandemic has led many organisations to rethink how they work, and businesses who navigated this year succ

Smartsheet Hosts First Ever EMEA ENGAGE Event

BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet (NYSE:SMAR), the enterprise platform for dynamic work, today announced the general availability of Bridge, a no-code automation engine that streamlines business processes by enabling workflows across applications and systems of record. Bridge enables organizations to build complex, high-value workflows across mission critical platforms through a simple, no-code user interface. Teams can reduce time spent on manual and repetitive tasks using workflows

Smartsheet Streamlines Enterprise Workflows and Processes Across Business Critical Platforms with Bridge

BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet (NYSE:SMAR), the enterprise platform for dynamic work, announced its annual ENGAGE 2020 conference takes place today. This year’s fully virtual event is bringing together tens of thousands of innovators to discuss how the workforce can not only adapt but thrive in a changing world by becoming dynamic during the keynote, sessions, and more. Watch a livestream of the keynote now at smartsheet.com/engage. Organizations are dealing with unprecedented dis

Smartsheet Brings Together the Dynamic Workforce at ENGAGE 2020

BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet (NYSE:SMAR), the enterprise platform for dynamic work, today previewed WorkApps, a no-code platform that empowers users to build intuitive web and mobile applications that streamline business and simplify collaboration. Speed, visibility, and active participation are critical for today’s dynamic work, and teams need access to the right information at the exact moment they need it. With WorkApps, users can package their entire solution into custom des

Smartsheet Empowers Organizations to Build No-Code Applications with WorkApps

BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet (NYSE:SMAR), the enterprise platform for dynamic work, today announced that organizations can now leverage 10,000ft’s powerful resource management capabilities within Smartsheet’s dynamic work platform to optimize talent across teams and projects. This integration provides an end-to-end solution that enables real-time insights into what people are working on to ensure teams are being fully utilized and make strategic resourcing decisions. As the pace

Smartsheet and 10,000ft Enable Organizations to Optimize the Talent of Their Workforce

BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet (NYSE: SMAR), the enterprise platform for dynamic work, today announced that Smartsheet Gov has been granted Provisional Authorization (PA) by the Defense Information Systems Agency (DISA) at Impact Level (IL) 4. The DISA Cloud Provisional Authorization (PA) process allows the Department of Defense (DoD) to authorize cloud service offerings that meet certain security requirements mandated by the level of the information the offering will support. Sma

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