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.

While Excel gives Microsoft Co. NASDAQ: MSFT the dominating position in data analysis and visualization software, as it is globally accepted through education and corporations, it is far from perfect. Regarding project management, platforms like Smartsheet Inc. NYSE: SMAR take the lead but aren't as widely followed as other peers like Salesforce Inc. NYSE: CRM.

Why Smartsheet Stock is an Undervalued Gem of an Investment

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Smartsheet (SMAR), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended April 2024.

Smartsheet (SMAR) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates

Bumble

Investors with an interest in Internet - Software stocks have likely encountered both Bumble Inc. (BMBL) and Smartsheet (SMAR). But which of these two stocks offers value investors a better bang for their buck right now?

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

BELLEVUE, Wash.--(BUSINESS WIRE)-- #SmartsheetENGAGE--Smartsheet (NYSE: SMAR), the enterprise work management platform, announced today the general availability of new AI and resource management features that offer actionable analysis, insights, and enhanced visibility for enterprises. These new features are integrated into the Smartsheet platform, enabling enterprises to make smart decisions based on their data. The features are being introduced at the inaugural Smartsheet ENGAGE London customer conference. As bu.

Smartsheet Empowers Enterprises to Make Smart Decisions and Get Results Faster with Updates to its Next-Generation Work Management Platform

BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet Inc. (NYSE: SMAR), the enterprise work management platform, today announced that it will release its financial results for its first quarter of fiscal year 2025, which ended April 30, 2024, after the close of U.S. financial markets on June 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) 960-0180.

Smartsheet to Announce First Quarter of Fiscal Year 2025 Financial Results on June 5, 2024

Investors with an interest in Internet - Software stocks have likely encountered both Bumble Inc. (BMBL) and Smartsheet (SMAR). But which of these two companies is the best option for those looking for undervalued stocks?

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

BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet (NYSE: SMAR), the enterprise work management platform, today announced that its Board of Directors has authorized the repurchase of up to $150 million of the company's outstanding Class A common stock through open market purchase, block trades, and/or in privately negotiated transactions or pursuant to 10b5-1 plans, in compliance with applicable securities laws and other legal requirements. The timing, manner, price, and amount of any repurchase will.

Smartsheet Announces $150 Million Share Repurchase Program

BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet (NYSE: SMAR), the enterprise work management platform, today announced the appointment of Jo Deal as Chief People Officer. Deal will be responsible for leading the company's people & culture team and evolving its people strategies to support the company in its post–$1 billion annualized recurring revenue growth phase. “We're pleased to welcome Jo to Smartsheet. Her experience scaling global teams to drive business results will be invaluable in ou.

Smartsheet Appoints Jo Deal as Chief People Officer

The average of price targets set by Wall Street analysts indicates a potential upside of 33.1% in Smartsheet (SMAR). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Think Smartsheet (SMAR) Could Surge 33.08%: Read This Before Placing a Bet

CaliberCos Inc

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- #alternativeassets--Caliber promotes Ignacio Martinez to Chief Operating Officer of the Arizona-based real estate investor, manager and developer.

Caliber Appoints Ignacio Martinez Chief Operating Officer

Asana

Every earnings season comes with its winners and losers. In most cases, an actual earnings beat doesn't matter as much as the forward guidance.

2 Earnings Dumpers Worth a Second Look

BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet Inc. (NYSE: SMAR), the enterprise work management platform, today announced the appointment of Katie Rooney to its board of directors. Rooney, Global Chief Financial Officer and Chief Operating Officer at Alight with over 22 years' experience in finance and capital markets, brings a depth and breadth of operating experience and excellence to Smartsheet. “Katie combines deep financial expertise with diverse industry and sector knowledge,” said Mark Ma.

Smartsheet Names Katie Rooney to Board of Directors

Smartsheet (SMAR) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Down -6.3% in 4 Weeks, Here's Why Smartsheet (SMAR) Looks Ripe for a Turnaround

Smartsheet's Q4 earnings showed a slowdown in topline growth, mainly due to weakness in the SMB segment. The company is focusing on cross-selling premium capabilities and introducing new features to drive future revenue growth. Despite growth headwinds, Smartsheet's fundamentals remain stable and its valuation is conservative, making it an attractive investment opportunity.

Smartsheet Q4 Earnings: Turnaround Postponed [Downgrade]

Smartsheet's stock has been negatively impacted by quarterly earnings, making it an attractive value play in an expensive market. It faces the same challenges as most of the rest of the software sector, most notably weakness among SMB customers. Over the long run, however, Smartsheet still benefits from greater adoption of distributed workforces. Its growth plus margin profile remains attractive.

Smartsheet: Ignore Common Sentiment And Buy

Business software company Smartsheet surpassed $1 billion in annualized recurring revenue in the fourth quarter, within the timeframe established by the company during its first analyst day as a public company in 2018.

Smartsheet CEO Mark Mader on AI, hiring, and the new realities of tech spending

Adobe

Blink Charging

Ulta Beauty

These stocks were set to make moves on Friday.

These Stocks Are Moving the Most Today: Adobe, Madrigal, Smartsheet, Blink Charging, and Ulta

Smartsheet Inc. (SMAR) Q4 2024 Earnings Call Transcript

Although the revenue and EPS for Smartsheet (SMAR) give a sense of how its business performed in the quarter ended January 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Here's What Key Metrics Tell Us About Smartsheet (SMAR) Q4 Earnings

Smartsheet (SMAR) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.07 per share a year ago.

Smartsheet (SMAR) Q4 Earnings and Revenues Top Estimates

Smartsheet on Thursday provided a revenue outlook that missed analyst estimates, sending its stock down 10%, even after the cloud software seller's quarterly revenue exceeded estimates.

Smartsheet revenue outlook misses estimates, stock sinks

BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet Inc. (NYSE: SMAR), the enterprise work management platform, today announced a series of strategic changes to its executive team as the company enters its post–$1 billion annualized recurring revenue (ARR) growth phase. Executive Leadership Updates for Next Phase of Growth Smartsheet today announced key changes to its executive leadership team focused on refining and expanding the strategy that underpins its Go-to-Market (GTM) and Product & Innova.

Smartsheet Announces Leadership Changes to Refine and Expand Go-To-Market, Product, and Innovation

BELLEVUE, Wash.--(BUSINESS WIRE)---- $SMAR #earnings--Smartsheet Inc. Announces Fourth Quarter and Full Fiscal Year 2024 Results.

Smartsheet Inc. Announces Fourth Quarter and Fiscal Year 2024 Results

ACM Research

Betterware de Mexico

DraftKings

Riot Blockchain

Spire Global

Many investors are looking for companies that can deliver outsized returns. That's why hypergrowth stocks remain attractive, especially ones with the potential to double your investment.

7 Hypergrowth Stocks With Double-Your-Money Potential

BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet Inc. (NYSE: SMAR), the enterprise work management platform, today announced that it will release its financial results for its fourth quarter and full fiscal year 2024, which ended January 31, 2024, after the close of U.S. financial markets on March 14, 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.

News for Smartsheet Stock (SMAR)