OverviewSuggest Edit

Smartsheet is a company that develops an online project management and collaboration tool. It offers an enterprise platform designed for project management, operations, sales pipelines, marketing campaigns, and other applications. The company focuses on various industry sectors, including construction, finance, healthcare, retail, etc.
TypePublic
Founded2005
HQBellevue, WA, US
Websitesmartsheet.com
Employee Ratings4.1
Overall CultureA

Latest Updates

Employees (est.) (Oct 2020)1,801(+2%)
Revenue (FY, 2020)$270.9 M(+53%)
Share Price (Jan 2021)$70.3
Cybersecurity ratingCMore

Key People/Management at Smartsheet

Mark Mader

Mark Mader

CEO, Director
Jennifer Ceran

Jennifer Ceran

Chief Financial Officer
Mike Arntz

Mike Arntz

CRO
Anna Griffin

Anna Griffin

CMO
Gene Farrell

Gene Farrell

CPO
Praerit Garg

Praerit Garg

CTO
Show more

Smartsheet Office Locations

Smartsheet has offices in Bellevue, Boston, Sydney, Edinburgh and in 1 other location
Bellevue, WA, US (HQ)
10500 NE 8th St #2000
Boston, MA, US
179 Lincoln St #200
Sydney, AU
333 George St
Edinburgh, GB
116 George St
London, GB
4th floor, 133 Houndsditch
Show all (5)

Smartsheet Financials and Metrics

Smartsheet Revenue

Embed Graph
View revenue for all periods
Smartsheet's revenue was reported to be $270.88 m in FY, 2020 which is a 52.4% increase from the previous period.
USD

Revenue (Q3, 2021)

98.9m

Gross profit (Q3, 2021)

75.2m

Gross profit margin (Q3, 2021), %

76%

Net income (Q3, 2021)

(32.0m)

EBIT (Q3, 2021)

(35.9m)

Market capitalization (15-Jan-2021)

8.6b

Closing stock price (15-Jan-2021)

70.3

Cash (31-Oct-2020)

420.4m

EV

8.2b
Smartsheet's current market capitalization is $8.6 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

111.3m177.7m270.9m

Revenue growth, %

66%60%52%

Cost of goods sold

21.7m33.8m52.9m

Gross profit

89.6m143.9m218.0m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

36.3m42.4m46.9m56.2m64.6m71.5m85.5m91.2m98.9m

Cost of goods sold

7.3m8.2m8.7m10.5m12.7m14.1m18.4m19.0m23.7m

Gross profit

29.0m34.2m38.2m45.7m52.0m57.4m67.0m72.2m75.2m

Gross profit Margin, %

80%81%81%81%80%80%78%79%76%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

58.2m213.1m515.9m

Accounts Receivable

14.9m30.2m56.9m

Prepaid Expenses

4.6m3.9m7.6m

Current Assets

77.7m247.2m631.0m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

49.7m211.1m212.0m208.8m511.2m513.4m544.2m546.0m420.4m

Accounts Receivable

18.2m23.6m23.8m33.3m40.2m42.6m49.5m54.7m65.8m

Prepaid Expenses

5.1m5.9m5.7m6.4m9.9m9.4m10.0m10.0m12.6m

Current Assets

73.0m240.6m241.5m248.5m611.3m615.4m603.6m610.6m498.8m
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

(49.1m)(53.9m)(95.9m)

Depreciation and Amortization

4.1m7.7m10.7m

Accounts Payable

704.0k2.0m3.6m

Cash From Operating Activities

(13.6m)(2.9m)(10.9m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

(14.3m)(26.6m)(42.2m)(19.8m)(38.9m)(67.8m)(27.8m)(54.3m)(86.3m)

Depreciation and Amortization

1.6m3.4m5.4m2.9m5.0m7.9m3.8m5.9m8.9m

Accounts Payable

237.0k597.0k941.0k324.0k(2.1m)(237.0k)(2.0m)(6.1m)(2.9m)

Cash From Operating Activities

(8.2m)(9.3m)(6.8m)(9.2m)(11.9m)(10.8m)(24.3m)(25.6m)(30.9m)
USDFY, 2018

Revenue/Employee

141.9k

Debt/Equity

-0.1 x

Debt/Assets

0.1 x

Financial Leverage

-1.4 x
Show all financial metrics

Smartsheet Acquisitions / Subsidiaries

Company NameDateDeal Size
BrandfolderAugust 24, 2020$155 m
Artefact Product Group (10,000ft)May 01, 2019$27.80 m
TernProJanuary 11, 2019$6 m
Converse.AIDecember 28, 2017$1.60 m
Artefact Product Group LLC
Smartsheet Australia Pty Ltd
Smartsheet UK Limited
TernPro Inc

Smartsheet Revenue Breakdown

Embed Graph

Smartsheet revenue breakdown by business segment: 90.1% from Subscription and 9.9% from Professional services

Smartsheet revenue breakdown by geographic segment: 5.2% from Americas other than the United States, 10.8% from EMEA, 79.2% from United States and 4.8% from Other

Smartsheet Cybersecurity Score

Cybersecurity ratingPremium dataset

C

75/100

SecurityScorecard logo

Smartsheet Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Smartsheet Online and Social Media Presence

Embed Graph

Smartsheet Company Culture

  • Overall Culture

    A

    80/100

  • CEO Rating

    A+

    91/100

  • Compensation

    B+

    78/100

  • Diversity

    A-

    78/100

Learn more on Comparably

Smartsheet News and Updates

Smartsheet shares surge on better-than-expected quarterly earnings

Shares in work management platform provider Smartsheet Inc. surged in after-hours trading today after the company smashed analyst predictions in its quarterly earnings report. For the quarter ended Oct. 31, Smartsheet reported revenue rose 38% over a year ago, to $98.9 million. Its loss before cost…

: Smartsheet stock rallies as earnings exceed expectations

Smartsheet Inc. SMAR shares rallied in the extended session Monday after the cloud-based work management platform topped Wall Street estimates for the quarter. Smartsheet shares surged 14% after hours, following a 1.5% rise in the regular session to close at $62.47. The company reported a third-quar…

The CEO of $6.7 billion Smartsheet says that the key to staying ahead of the curve is encouraging an entrepreneurial mindset in employees (SMAR)

Summary List Placement Mark Mader, the CEO and cofounder of $6.7 billion work management tool Smartsheet, thinks the key to staying ahead of the curve in situations like the ongoing pandemic is encouraging employees to have an entrepreneurial mindset. To adapt quickly and serve customers, he sugges…

How A Software Unicorn Scales Up – Smartsheet CEO Mark Mader Explains Why Relentless Growth Is Necessary In Cloud Software

How A Software Unicorn Scales Up – Smartsheet CEO Mark Mader Explains Why Relentless Growth Is Necessary In Cloud Software, and How a College Tragedy Honed His Focus.

Smartsheet shares drop 5% on earnings miss

Smartsheet Inc. shares were down 5% in after-hours trading Wednesday after the cloud-computing company reported fiscal second-quarter earnings that fell short of Wall Street estimates despite a significant jump in revenue. Smartsheet reported a loss of $26.6 million, or 22 cents a share, compared w…

Smartsheet BrandVoice: 3 Trends Shaping Marketing Innovation That Is Powered By Automation

To stay in the game, today’s marketers must reposition existing offerings, rethink advertising and sponsorships, and reimagine in-person events.
Show more

Smartsheet Blogs

Senior Software Engineer - Front End

Senior Software Engineer - Front End Anonymous (not verified) Fri, 01/22/2021 - 12:44 Job Location Bellevue, WA or Field 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 …

Manager, Commercial Sales- New Business

Manager, Commercial Sales- New Business Anonymous (not verified) Wed, 01/20/2021 - 12:44 Job Location Bellevue, WA Department Commercial Sales Smartsheet is currently seeking a Manager, Commercial Sales to hire, coach and lead a team of up to ten New Business Representatives. As a Manager, C…

Technical Writer II

Technical Writer II Anonymous (not verified) Wed, 01/20/2021 - 09:44 Job Location Bellevue, WA Department Customer Support Smartsheet is seeking an experienced Technical Writer to plan, develop, and maintain customer-facing content for the Smartsheet Help Center and on-demand training catalog…

Senior Manager of Global Presales Programs

Senior Manager of Global Presales Programs Anonymous (not verified) Tue, 01/19/2021 - 16:44 Job Location Field Department Sales Engineering The Senior Manager of Global Presales Programs is a new and exciting role to help guide, scale and build effectiveness into the Global Sales Engineering …

Manager, Engineering - Analytics

Manager, Engineering - Analytics Anonymous (not verified) Tue, 01/19/2021 - 12:44 Job Location Bellevue, WA Department Engineering - Developers Smartsheet is looking for a Software Engineer Manager to join our Analytics and Visualization Development team. Our business is built on finding top …

Senior Director, Experience Design - Design Operations

Senior Director, Experience Design - Design Operations Anonymous (not verified) Mon, 01/18/2021 - 13:44 Job Location Bellevue, WA Department UX Smartsheet is looking for a Senior Director of Experience Design to lead the design and delivery ofour design teams. Dual-track Agile. Incremental vs…
Show more

Smartsheet Frequently Asked Questions

  • When was Smartsheet founded?

    Smartsheet was founded in 2005.

  • Who are Smartsheet key executives?

    Smartsheet's key executives are Mark Mader, Jennifer Ceran and Mike Arntz.

  • How many employees does Smartsheet have?

    Smartsheet has 1,801 employees.

  • What is Smartsheet revenue?

    Latest Smartsheet annual revenue is $270.9 m.

  • What is Smartsheet revenue per employee?

    Latest Smartsheet revenue per employee is $150.4 k.

  • Who are Smartsheet competitors?

    Competitors of Smartsheet include Sitetracker, monday.com and Airtable.

  • 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, Sydney, Edinburgh and in 1 other location.

  • How many offices does Smartsheet have?

    Smartsheet has 5 offices.