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

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

The work management platform announces it will be acquired by funds managed by Blackstone and Visa Equity Partners.

Smartsheet to Be Bought in $8.4 Billion Deal. The Stock Is Rising.

Blackstone Group

Smartsheet announced Tuesday that it agreed to be acquired by private equity companies Blackstone and Vista Equity Partners in deal valued at $8.

Smartsheet plans to go private in $8.4 billion deal with Vista Equity Partners and Blackstone

Private equity firms Blackstone and Vista Equity Partners announced the acquisition of software maker Smartsheet for $8.4 billion.

Blackstone, Vista Equity Partners To Acquire Smartsheet In $8.4 Billion Deal

Vista Equity Partners and Blackstone have agreed to acquire Smartsheet, the software-as-a-service (SaaS) workplace collaboration and management platform, for $8.4 billion in cash.

Vista Equity Partners and Blackstone offer to buy Smartsheet for $8.4B in cash

Private equity firms Vista Equity Partners and Blackstone will buy collaboration-software maker Smartsheet for $8.4 billion, the companies said on Tuesday.

PE firms Vista, Blackstone to buy software maker Smartsheet for $8.4 bln

Blackstone and Vista Equity Partners to acquire software maker Smartsheet for $8.4 billion

BELLEVUE, Wash.--(BUSINESS WIRE)---- $SMAR--Smartsheet to be Acquired by Blackstone and Vista Equity Partners for $8.4 Billion.

Smartsheet to be Acquired by Blackstone and Vista Equity Partners for $8.4 Billion

Smartsheet SMAR is a smart buy because of its growth, operational quality, cash flow, and capital return. That's why private equity firms are in talks to buy it; they see deep value in the business and its stock.

Smartsheet Is a Smart Buy for Traders and Investors: Here's Why

Stephen Branstetter, the chief operating officer at Smartsheet who joined the company in 2013, resigned on Wednesday, according to a new regulatory filing.

Smartsheet COO Stephen Branstetter resigns amid reported acquisition talks

PHILADELPHIA--(BUSINESS WIRE)-- #focusforward--Turnberry Solutions, a leader in business, digital, and talent transformation services, announces it is a Smartsheet Solution Partner. This collaboration strengthens Turnberry's ability to provide cutting-edge solutions that align with clients' visions, ensuring high-speed, high-quality, and cost-effective outcomes. Every business faces challenges and changes, whether through organizational shifts or bridging gaps between IT and business teams. Turnberry's Busines.

Turnberry Solutions announces partnership with Smartsheet

Smartsheet stock is driven by a growing customer base, enhanced product features, and the increasing adoption of AI tools.

Smartsheet Up 5% in a Month: Should You Buy, Hold or Sell the Stock?

Smartsheet stock rose on a report two private equity firms are nearing a deal to acquire the software maker.

Two Private Equity Firms Near Deal To Buy Software Maker Smartsheet

Buyout firms Vista Equity Partners and Blackstone are in advanced talks to acquire Smartsheet , in a deal that could value the collaboration-software maker at close to $8 billion, people familiar with the matter said on Monday.

Exclusive: Vista, Blackstone nearing $8-billion deal to buy Smartsheet, sources say

Smartsheet maintains a strong competitive position with potential for >20% growth, despite some recent performance weaknesses and macroeconomic pressures on SMB customers. Positive growth indicators include robust enterprise customer metrics, successful large contract deals, and promising adoption of the new pricing model. Risks include decelerating ARR growth, increased churn among SMB customers, and potential volatility if the takeover deal falls through.

Smartsheet: Upside Still Attractive With Valuation Support From Takeover News

As the S&P 500 settles from last week's volatility, investors may be looking for safety or some fundamental reason to shift into a particular area of the stock market. They don't have to do the hours of work and research necessary to find these places, as some of Wall Street's best have already laid out their view for the near future.

Don't Miss Smartsheet's Surge: Strong Growth and Buybacks Ahead

Smartsheet (SMAR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Why Smartsheet (SMAR) Might be Well Poised for a Surge

Smartsheet published fiscal Q2 results yesterday, and the report arrived with a big earnings beat. The company's Q3 and full-year earnings guidance also beat Wall Street's expectations.

Why Smartsheet Stock Is Soaring Again Today

Smartsheet's fiscal Q2 2025 earnings were well-received, showcasing stable mid-teens growth and a strong balance sheet with 10% of its market cap in cash. The company's valuation at 23x next year's non-GAAP operating profits is compelling, especially with improved profit margins and consistent revenue growth. Smartsheet's enterprise customer base is expanding, with a 17% year-over-year increase in annual recurring revenue and significant customer expansions.

Smartsheet Earnings: A Smart Bet For Investors (Upgrade)

Smartsheet (SMAR) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Smartsheet (SMAR) Soars to 52-Week High, Time to Cash Out?

Smartsheet Inc. SMAR posted better-than-expected second-quarter financial results and raised its FY25 EPS outlook on Thursday.

Smartsheet Analysts Increase Their Forecasts After Upbeat Earnings

Smartsheet Inc. (NYSE:SMAR ) Q2 2025 Results Conference Call September 5, 2024 4:30 PM ET Company Participants Aaron Turner - Head, Investor Relations Mark Mader - Chief Executive Officer Pete Godbole - Chief Financial Officer Conference Call Participants Terry Tillman - Truist Securities Josh Baer - Morgan Stanley Jackson Ader - KeyBanc Capital Markets Alex Zukin - Wolfe Research John DiFucci - Guggenheim Securities Michael Berg - Wells Fargo Securities Michael Funk - Bank of America George Kurosawa - Citi Brent Thill - Jefferies Keith Bachman - BMO Capital Markets Operator Good afternoon, and welcome to the Smartsheet Inc. Second Quarter Fiscal 2025 Earnings Conference Call. Please note that this call is being recorded.

Smartsheet Inc. (SMAR) Q2 2025 Earnings Call Transcript

Revenue reached $276.4 million, surpassing the high end of expectations. Non-GAAP net income per diluted share was $0.44, significantly above the forecasted range.

Smartsheet Posts Stellar Cash Flow

Smartsheet (SMAR) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.16 per share a year ago.

Smartsheet (SMAR) Q2 Earnings and Revenues Surpass Estimates

BELLEVUE, Wash.--(BUSINESS WIRE)---- $SMAR #earnings--Smartsheet Inc. Announces Second Quarter Fiscal Year 2025 Results.

Smartsheet Inc. Announces Second Quarter Fiscal Year 2025 Results

Seattle-area enterprise software giant Smartsheet is in acquisition talks with a group of private equity firms including Vista Equity Partners and Blackstone, according to a report Thursday from Reuters.

News for Smartsheet Stock (SMAR)