OverviewSuggest Edit

Smartsheet is an online project management and collaboration tool. It is applied for project management, as well as for operations, sales pipelines, marketing campaigns and more. 

TypePublic
Founded2005
HQBellevue, US
Websitesmartsheet.com
Employee Ratings4.1

Latest Updates

Employees (est.) (Jan 2019)1,088(+39%)
Job Openings115
Revenue (FY, 2017)$111.3 M(+67%)
Share Price (Nov 2019)$37.8

Key People/Management at Smartsheet

Mark P. Mader

Mark P. Mader

President & CEO
John Creason

John Creason

CTO
Eric Browne

Eric Browne

VP/Co-Founder
Brian Harper

Brian Harper

VP of Development
Peter Boit

Peter Boit

Executive Vice President, Sales
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Smartsheet Office Locations

Smartsheet has offices in Bellevue, Boston, Edinburgh and London
Bellevue, US (HQ)
10500 NE 8th St #2000
Boston, US
179 Lincoln St #200
Edinburgh, GB
116 George St
London, GB
8 Devonshire Square, Spitalfields
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Smartsheet Financials and Metrics

Smartsheet Revenue

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Smartsheet's revenue was reported to be $111.25 m in FY, 2017 which is a 66.1% increase from the previous period.
USD

Revenue (FY, 2017)

111.3m

Revenue growth (FY, 2017 - FY, 2017), %

66.1%

Gross profit (FY, 2017)

89.6m

Gross profit margin (FY, 2017), %

80.5%

Net income (FY, 2017)

(49.1m)

EBIT (FY, 2017)

(49.0m)

Market capitalization (7-Nov-2019)

4.4b

Closing stock price (7-Nov-2019)

37.8

Cash (31-Jan-2018)

58.2m

EV

4.4b
Smartsheet's current market capitalization is $4.4 b.
Annual
USDFY, 2015FY, 2016FY, 2017

Revenue

40.8m67.0m111.3m

Revenue growth, %

64%66%

Cost of goods sold

8.6m14.1m21.7m

Gross profit

32.2m52.8m89.6m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q4, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017

Revenue

13.7m15.8m17.8m19.7m22.2m26.7m29.4m33.0m

Cost of goods sold

2.8m3.3m3.8m4.2m4.5m5.4m5.7m6.1m

Gross profit

10.8m12.5m14.0m15.5m17.7m21.3m23.7m26.8m

Gross profit Margin, %

79%79%79%79%80%80%81%81%
USDFY, 2016FY, 2017

Cash

22.1m58.2m

Accounts Receivable

5.4m14.9m

Prepaid Expenses

2.2m4.6m

Current Assets

39.9m77.7m
USDFY, 2015FY, 2016FY, 2017

Net Income

(14.3m)(15.2m)(49.1m)

Depreciation and Amortization

567.0k989.0k4.1m

Accounts Payable

522.0k578.0k704.0k

Cash From Operating Activities

(4.7m)58.0k(13.6m)
USDY, 2018

EV/EBIT

-88.9 x

EV/CFO

-320.7 x

Revenue/Employee

141.9k

Debt/Equity

-0.1 x

Debt/Assets

0.1 x

Financial Leverage

-1.4 x
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Smartsheet Operating Metrics

Q1, 2016Q2, 2016Q3, 2016Q4, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017

Domain-based Customers

57.84 m61.21 m64.78 m66.65 m69.04 m71.02 m72.53 m74.12 m

Average Annualized Contract Value per Domain-based Customer

$897 $955 $1.02 k$1.11 k$1.23 k$1.35 k$1.49 k$1.64 k

Retention Rate

116%118%119%122%124%126%129%130%

Calculated Billings

$17.38 m$19.47 m$20.66 m$22.59 m$30.34 m$33.62 m$32.52 m$39.35 m
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Smartsheet Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
TernProJanuary 17, 2019
Converse.AIJanuary 16, 2018

Smartsheet Revenue Breakdown

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Smartsheet revenue breakdown by geographic segment: 73.2% from United States, 13.2% from EMEA, 8.3% from Asia Pacific and 5.3% from Americas other than the United States

Smartsheet Online and Social Media Presence

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Smartsheet News and Updates

Smartsheet announces new alliance to help organizations achieve more together

As a cloud-based platform for enabling teams to manage, automate and report on work at scale, it’s only natural that Smartsheet Inc. announced today a cross-functional coalition of industry leaders to bridge the gap between people and technology. The “Achieve as One Alliance,” revealed during Smart…

$4.4 billion Smartsheet has seen its stock more than double since it went public a year ago. We talked to the CEO about what he thinks makes it so special. (SMAR)

In the year since Smartsheet went public, its stock has more than doubled. Smartsheet makes spreadsheet software for work management, with customers including Cisco, Netflix, PayPal, and HP. On Thursday, Smartsheet announced it acquired 10,000ft, which helps companies with planning and managing th…

Smartsheet acquires 10,000ft for its project management software

Smartsheet announced that it has acquired 10,000ft, a Seattle-based developer of project management software for enterprises.

Smartsheet BrandVoice: The One Leadership Approach That Transforms Engineering Teams

The idea has been around in one form or another for decades — even centuries — but it’s never had more potential to drive real transformation in business.

Smartsheet BrandVoice: Transforming Healthcare: How University Of Utah Health Ditched Spreadsheets And Gained 30 Percent Efficiency

Frequently ranked No. 1 in quality in the nation as a healthcare provider and as an employer, University of Utah Health has been acknowledged for excellence and innovation in academics as well as in its world-class research and healthcare programs.

Smartsheet BrandVoice: Don’t Aim For Work-Life Balance. Aim For Work-Life Fulfillment

Every one of us, if we are lucky, is given a fresh 168 hours each week. No amount of money or power can increase the number of hours you are given, and it can easily slip away if we’re not careful.
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Smartsheet Blogs

Director, Software Development

Director, Software Development Anonymous (not verified) Fri, 11/08/2019 - 10:44 Job Location Bellevue, WA Department Engineering - Developers When was the last time you had an opportunity to work at a company that was forging an industry and enabling people to get from idea to impact – fast! …

Administrative Assistant - Engineering

Administrative Assistant - Engineering Anonymous (not verified) Thu, 11/07/2019 - 09:44 Job Location Bellevue, WA Department Engineering - Admin Smartsheet is looking for an Administrative Assistant to support our Engineering Team in our Bellevue office. The successful candidate will work aut…

Solutions Consultant Intern

Solutions Consultant Intern Anonymous (not verified) Thu, 11/07/2019 - 04:44 Job Location Bellevue, WA Department Consulting As a Solutions Consulting Intern you will work with the Operational Excellence team to improve internal operations of the Consulting team. We are looking for an intern …

Product Management Intern

Product Management Intern Anonymous (not verified) Thu, 11/07/2019 - 04:44 Job Location Bellevue, WA Department Product Mobile plays a critical role in most workers’ lives. Increasingly, mobile is the primary way in which workers communicate, collaborate and interact both inside and outside …

Customer Success Intern

Customer Success Intern Anonymous (not verified) Thu, 11/07/2019 - 04:44 Job Location Bellevue, WA Department Customer Success Smartsheet is looking for a Customer Success Intern to support the Strategic Customer Success team as they drive customer satisfaction, successful product use, as we…

Customer Operations Analyst Intern

Customer Operations Analyst Intern Anonymous (not verified) Thu, 11/07/2019 - 04:44 Job Location Bellevue, WA Department Sales & Field Operations The Customer Operations Analyst team is an expanding team looking to capitalize on partnerships developed with stakeholders across Smartsheet. …
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Smartsheet Frequently Asked Questions

  • When was Smartsheet founded?

    Smartsheet was founded in 2005.

  • Who are Smartsheet key executives?

    Smartsheet's key executives are Mark P. Mader, John Creason and Eric Browne.

  • How many employees does Smartsheet have?

    Smartsheet has 1,088 employees.

  • What is Smartsheet revenue?

    Latest Smartsheet annual revenue is $111.3 m.

  • What is Smartsheet revenue per employee?

    Latest Smartsheet revenue per employee is $102.3 k.

  • Who are Smartsheet competitors?

    Competitors of Smartsheet include Airtable, K2 and Notion Labs.

  • Where is Smartsheet headquarters?

    Smartsheet headquarters is located at 10500 NE 8th St #2000, Bellevue.

  • Where are Smartsheet offices?

    Smartsheet has offices in Bellevue, Boston, Edinburgh and London.

  • How many offices does Smartsheet have?

    Smartsheet has 4 offices.