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.

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.

Report: Smartsheet in talks to be acquired by private equity firms including Vista and Blackstone

Blackstone Group

A private equity consortium including Vista Equity Partners and Blackstone is in talks to acquire Smartsheet , a U.S. maker of workplace collaboration software with a market value of about $7 billion, people familiar with the matter said on Thursday.

Exclusive: Vista and Blackstone in talks to acquire software maker Smartsheet, sources say

SMAR's second-quarter fiscal 2025 performance is likely to reflect growth in high-value customers, advanced product features and increased AI tool adoption.

Smartsheet Ahead of Q2 Earnings: Should You Invest in the Stock?

PayPal

Investors looking for stocks in the Internet - Software sector might want to consider either Paypal (PYPL) or Smartsheet (SMAR). But which of these two companies is the best option for those looking for undervalued stocks?

PYPL vs. SMAR: Which Stock Should Value Investors Buy Now?

Smartsheet (SMAR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

What Makes Smartsheet (SMAR) a New Buy Stock

Magnite

Investors interested in stocks from the Internet - Software sector have probably already heard of Magnite (MGNI) and Smartsheet (SMAR). But which of these two stocks is more attractive to value investors?

MGNI vs. SMAR: Which Stock Is the Better Value Option?

BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet Inc. (NYSE: SMAR), the enterprise work management platform, today announced that it will release its financial results for its second quarter of fiscal year 2025, which ended July 31, 2024, after the close of U.S. financial markets on September 5, 2024. Smartsheet executives will host a conference call and webcast that day at 4:30 p.m. ET (1:30 p.m. PT) to discuss the results. The dial-in number to access the call will be (888) 440-6385 or (646) 960-.

Smartsheet to Announce Second Quarter of Fiscal Year 2025 Financial Results on September 5, 2024

Smartsheet is a strong player in the PWM software space, with a conservative valuation and potential for upside. Recent Q1 results beat estimates, with enterprise segment strength and improving margins. Acquisition interest from private equity firms could lead to a potential takeout, driving the share price higher.

Smartsheet: Private Takeout Interest Could Finally Unlock Its Real Value

Gigacloud Tech

PagSeguro Digital

While investing, having a checklist of ideal fundamentals of companies is vital. These fundamentals can reveal a company's financial standing, growth potential, and market position.

3 Rare Stocks on the Brink of Unprecedented Growth

Smartsheet hired investment bankers after receiving buyout interest from private equity firms, according to a report from Reuters on Thursday.

Smartsheet reportedly attracting buyout interest from private equity firms

Smartsheet (SMAR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Smartsheet (SMAR) Soars 5.5%: Is Further Upside Left in the Stock?

Smartsheet , a U.S. maker of workplace collaboration software with a market value of $6.3 billion, has tapped investment bankers after attracting acquisition interest from buyout firms, according to people familiar with the matter.

Exclusive: Collaboration software maker Smartsheet fields buyout interest, sources say

Smartsheet has a dominant position in the enterprise project management software space. Strong competitive advantages drive robust growth potential of at least 20%. Large addressable market and focus on complex needs of large enterprises support continued growth.

Smartsheet: Dominant Player In The Project Management Software Space

Smartsheet (SMAR) Upgraded to Buy: Here's Why

Chegg

Investors with an interest in Internet - Software stocks have likely encountered both Chegg (CHGG) and Smartsheet (SMAR). But which of these two stocks presents investors with the better value opportunity right now?

CHGG or SMAR: Which Is the Better Value Stock Right Now?

BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet (NYSE: SMAR), the enterprise work management platform, today shared that it has implemented Amazon Q Business, a new generative AI-powered assistant, to streamline knowledge management and accelerate employee productivity in the cloud. Smartsheet is using the technology to consolidate its organizational knowledge into a single AI engine that gives its workforce immediate answers through natural language queries. Smartsheet embedded Amazon Q in the co.

Smartsheet Integrates Amazon Q on AWS to Implement New Generative AI-Powered Assistant for its Employees

The headline numbers for Smartsheet (SMAR) give insight into how the company performed in the quarter ended April 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Smartsheet (SMAR) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Shares of Smartsheet Inc (NYSE:SMAR) are soaring today, up 18.7% at $44.85 at last look, following the software name's better-than-expected first-quarter results.

Smartsheet Stock Headed for Best Day Ever

Smartsheet stock rallied more than 10% after reporting strong Q1 results and announcing a share buyback program. The company plans to overhaul its pricing model to attract more users at a lower per-user rate. Smartsheet also significantly boosted its operating margin guidance for the year, a result of disciplined opex management.

Smartsheet Stock: Finally Showing The Capacity To Rally

ChargePoint Holdings

Five Below

Lululemon Athletica

Victoria's Secret & Co

Lululemon reported stronger first-quarter earnings than Wall Street expected, while Five Below cut its full-year outlook.

These Stocks Are Moving the Most Today

Smartsheet's stock jumped 12% after a positive earnings report, but I'm less enthusiastic due to high valuation and decelerating growth rates. The Company provides a collaborative work management platform, similar to Asana but with better financials. I believe SMAR is fairly valued given its financial outlook, solid performance, and ample cash reserves.

Smartsheet Earnings: Stock Jumps Higher But Questions Remain

Smartsheet Inc. (NYSE:SMAR ) Q1 2025 Earnings Conference Call June 5, 2024 4:30 PM ET Company Participants Aaron Turner - Head of Investor Relations Mark Mader - President and Chief Executive Officer Pete Godbole - Chief Financial Officer Conference Call Participants John DiFucci - Guggenheim Securities Scott Berg - Needham & Company Joshua Baer - Morgan Stanley Terry Tillman - Truist Securities Rishi Jaluria - RBC Capital Markets Alex Zukin - Wolfe Research George Iwanyc - Oppenheimer Michael Berg - Wells Fargo Brent Thill - Jefferies George Kurosawa - Citi Pinjalim Bora - JPMorgan DJ Hynes - Canaccord Genuity Kyle Diehl - KeyBanc Capital Markets Taylor McGinnis - UBS Operator Ladies and gentlemen, good afternoon, and thank you for standing by. My name is Abby and I will be your conference operator today.

Smartsheet Inc. (SMAR) Q1 2025 Earnings Call Transcript

Smartsheet (SMAR) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.18 per share a year ago.

Smartsheet (SMAR) Tops Q1 Earnings and Revenue Estimates

Smartsheet revenue rose 20% year-over-year to $263 million during its first fiscal quarter, topping analyst estimates.

News for Smartsheet Stock (SMAR)