SMAR Stock - Smartsheet Inc.
Unlock GoAI Insights for SMAR
Get institutional-grade AI analysis, real-time signals, and deep market intelligence powered by advanced machine learning.
Free 14-day trial • No credit card required
Premium members get real-time SMS alerts
Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $958.34M | $766.91M | $550.83M | $385.51M | $270.88M |
| Gross Profit | $771.89M | $601.63M | $434.36M | $299.97M | $217.98M |
| Gross Margin | 80.5% | 78.4% | 78.9% | 77.8% | 80.5% |
| Operating Income | $-120,282,000 | $-221,636,000 | $-170,036,000 | $-120,472,000 | $-103,774,000 |
| Net Income | $-104,631,000 | $-215,639,000 | $-171,097,000 | $-114,979,000 | $-95,940,000 |
| Net Margin | -10.9% | -28.1% | -31.1% | -29.8% | -35.4% |
| EPS | $-0.78 | $-1.66 | $-1.36 | $-0.95 | $-0.85 |
Smartsheet Inc. provides cloud-based enterprise platform to plan, capture, manage, automate, and report on work for teams and organizations. The company offers Dashboards for real-time visibility into the status of work to align individuals, managers, and executives; Portals to locate and access from any device the resources available for a project without IT assistance; Cardview to organize, share, and act on workflows; and Grid to keep teams on task by tracking multiple moving parts. It also provides Reports that allow users to see and action their work in one centralized location; Projects, which offers interface with capabilities that foster collaboration among teams and organizations; Calendar that align teams and organizations by connecting deadlines to workflows; Forms to collect information in a structured and consistent format; Automated actions to automate repetitive processes; and Integrations to connect, sync, and extend existing enterprise applications across workflows to create work execution. The company offers WorkApps to build easy to navigate apps; Connectors for embedded integrations with industry-leading systems of record; Control Center to achieve consistent work execution; Dynamic View enables mixed internal and external teams to collaborate confidentially with vendors; Data Shuttle to upload or offload data between Smartsheet and other existing systems and databases; Bridge to build intelligent workflows and automate business processes across platforms; Resource Management; Brandfolder; and Premium Apps and Connectors, as well as Calendar, Pivot, and DataMesh apps, and Smartsheet Advance. It serves aerospace, automotive, biotechnology, consumer, e-commerce, education, finance, government, healthcare, IT services, marketing, media, travel, and other sectors. The company was formerly known as Smartsheet.com, Inc. and changed its name to Smartsheet Inc. in February 2017. The company was incorporated in 2005 and is based in Bellevue, Washington.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| November 11th 2024 | Guggenheim | Downgrade | Neutral | - |
| September 6th 2024 | BMO Capital Markets | Reiterated | Outperform | $59← $48 |
| March 21st 2024 | KeyBanc Capital Markets | Initiation | Sector Weight | - |
| March 11th 2024 | BMO Capital Markets | Reiterated | Outperform | $48← $52 |
| February 26th 2024 | BofA Securities | Initiation | Underperform | $45 |
| January 11th 2024 | Citigroup | Upgrade | Buy | $63← $56 |
| December 20th 2023 | DA Davidson | Resumed | Buy | $65 |
| December 8th 2023 | BMO Capital Markets | Reiterated | Outperform | $52← $50 |
| October 12th 2023 | UBS | Initiation | Buy | $60 |
| December 15th 2022 | Barclays | Initiation | Equal Weight | $45 |
| October 13th 2022 | KeyBanc Capital Markets | Initiation | Overweight | $46 |
| September 23rd 2022 | Credit Suisse | Initiation | Neutral | $40 |
| September 22nd 2022 | MoffettNathanson | Initiation | Outperform | $50 |
| September 1st 2022 | Citigroup | Resumed | Neutral | $40← $47 |
| August 12th 2022 | Guggenheim | Initiation | Buy | $48 |
Earnings History & Surprises
SMAREPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q1 2025 | Mar 13, 2025 | $0.33 | $-0.05 | -115.2% | ✗ MISS |
Q4 2024 | Dec 5, 2024 | $0.30 | $0.43 | +43.3% | ✓ BEAT |
Q3 2024 | Sep 5, 2024 | $0.29 | $0.44 | +49.7% | ✓ BEAT |
Q2 2024 | Jun 5, 2024 | $0.27 | $0.32 | +20.5% | ✓ BEAT |
Q1 2024 | Mar 14, 2024 | $0.18 | $0.34 | +88.9% | ✓ BEAT |
Q4 2023 | Dec 7, 2023 | $0.08 | $0.16 | +100.0% | ✓ BEAT |
Q3 2023 | Sep 7, 2023 | $0.08 | $0.16 | +100.0% | ✓ BEAT |
Q2 2023 | Jun 7, 2023 | $0.08 | $0.18 | +125.0% | ✓ BEAT |
Q1 2023 | Mar 14, 2023 | $0.00 | $0.07 | +1425.1% | ✓ BEAT |
Q4 2022 | Dec 1, 2022 | $-0.14 | $-0.01 | +92.9% | ✓ BEAT |
Q3 2022 | Sep 1, 2022 | $-0.20 | $-0.10 | +50.0% | ✓ BEAT |
Q2 2022 | Jun 7, 2022 | $-0.19 | $-0.19 | 0.0% | = MET |
Q1 2022 | Mar 15, 2022 | $-0.15 | $-0.12 | +20.0% | ✓ BEAT |
Q4 2021 | Dec 2, 2021 | $-0.11 | $-0.03 | +72.7% | ✓ BEAT |
Q3 2021 | Sep 7, 2021 | $-0.13 | $-0.05 | +61.5% | ✓ BEAT |
Q2 2021 | Jun 2, 2021 | $-0.14 | $-0.09 | +35.7% | ✓ BEAT |
Q1 2021 | Mar 16, 2021 | $-0.14 | $-0.04 | +71.4% | ✓ BEAT |
Q4 2020 | Dec 7, 2020 | $-0.22 | $-0.12 | +45.5% | ✓ BEAT |
Q3 2020 | Sep 2, 2020 | $-0.16 | $-0.06 | +62.5% | ✓ BEAT |
Q2 2020 | Jun 3, 2020 | $-0.20 | $-0.11 | +45.0% | ✓ BEAT |
Latest News
Frequently Asked Questions about SMAR
What is SMAR's current stock price?
What is the analyst price target for SMAR?
What sector is Smartsheet Inc. in?
What is SMAR's market cap?
Does SMAR pay dividends?
Similar Stocks
Technology SectorExplore stocks similar to SMAR for comparison