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%)
Job Openings240
Revenue (FY, 2021)$385.5 M(+43%)
Share Price (Sept 2021)$72.8(+3%)
Cybersecurity ratingBMore

Key People/Management at Smartsheet

Mark Mader

Mark Mader

CEO, Director
Alissa Abdullah

Alissa Abdullah

Director
Mike Arntz

Mike Arntz

CRO
Anna Griffin

Anna Griffin

CMO
Gene Farrell

Gene Farrell

CSPO
Magdalena Yesil

Magdalena Yesil

Director
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Smartsheet Office Locations

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

Smartsheet Financials and Metrics

Smartsheet Revenue

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View revenue for all periods
Smartsheet's revenue was reported to be $385.51 m in FY, 2021
USD

Revenue (FY, 2021)

385.5m

Gross profit (FY, 2021)

300.0m

Gross profit margin (FY, 2021), %

77.8%

Net income (FY, 2021)

(115.0m)

EBIT (FY, 2021)

(120.5m)

Market capitalization (15-Sept-2021)

9.1b

Closing stock price (15-Sept-2021)

72.8

Cash (31-Jan-2021)

442.2m

EV

8.8b
Smartsheet's current market capitalization is $9.1 b.
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

111.3m177.7m270.9m385.5m

Revenue growth, %

66%60%52%

Cost of goods sold

21.7m33.8m52.9m85.5m

Gross profit

89.6m143.9m218.0m300.0m
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, 2020FY, 2021

Cash

58.2m213.1m515.9m442.2m

Accounts Receivable

14.9m30.2m56.9m102.6m

Prepaid Expenses

4.6m3.9m7.6m13.5m

Current Assets

77.7m247.2m631.0m558.4m
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, 2020FY, 2021

Net Income

(49.1m)(53.9m)(95.9m)(115.0m)

Depreciation and Amortization

4.1m7.7m10.7m17.3m

Accounts Payable

704.0k2.0m3.6m(4.9m)

Cash From Operating Activities

(13.6m)(2.9m)(10.9m)(15.6m)
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$27.8 m
TernProJanuary 11, 2019$6 m
Converse.AIDecember 28, 2017$1.6 m
Artefact Product Group LLC
Smartsheet Australia Pty Ltd
Smartsheet UK Limited
TernPro Inc

Smartsheet Revenue Breakdown

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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

B

87/100

SecurityScorecard logo

Smartsheet Online and Social Media Presence

Embed Graph

Smartsheet Company Culture

  • Overall Culture

    A+

    81/100

  • CEO Rating

    A+

    91/100

  • Compensation

    A-

    80/100

  • Diversity

    B+

    78/100

Learn more on Comparably

Smartsheet News and Updates

Smartsheet shares drop despite better-than-expected earnings

Shares in work management platform provider Smartsheet Inc. dropped in after-hours trading today despite its reporting better-than-expected second-quarter earnings results. For the quarter ended July 30, Smartsheet reported total revenue of $131.7 million, an increase of 44% year-over-year and up f…

UiPath Announces Integrations With Smartsheet To Automate Workflows In Minutes And Save Hours Of Repetitive Tasks

UiPath (NYSE: PATH), a leading enterprise automation software company, today announced new integrations with Smartsheet (NYSE: SMAR), the enterprise platform for dynamic work, to make it easy for users to retrieve, update, and share data in Smartsheet. This means users are now enabled to automate th…

Thinking about trading options or stock in GameStop, Tilray, Smartsheet, American Airlines, or Nio?

NEW YORK, June 3, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for GME, TLRY, SMAR, AAL, and NIO. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different...

Smartsheet shares jump on better-than-expected quarterly earnings

Shares in work management platform provider Smartsheet Inc. jumped in after-hours trading today after the company beat analysts’ predictions in its fiscal first-quarter earnings. For the quarter ended April 30, Smartsheet reported it lost $38.4 million on a 37% rise in revenue from a year ago, to $…

Smartsheet shares rise 3% on better-than-expected revenue, earnings

Shares of Smartsheet Inc. were initially up 3% in extended trading Wednesday after the cloud-computing company reported fiscal first-quarter results. Smartsheet reported a net loss of $37.1 million, or 30 cents a share, compared with a net loss of $27.8 million, or 23 cents a share, in the year-ago…

Smartsheet shares rise 3% on better-than-expected revenue, earnings

Shares of Smartsheet Inc. SMAR, +2.09% were initially up 3% in extended trading Wednesday after the cloud-computing company reported fiscal first-quarter results. Smartsheet reported a net loss of $37.1 million, or 30 cents a share, compared with a net loss of $27.8 million, or 23 cents a share, in …
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Smartsheet Blogs

Product Manager (Remote Eligible)

Product Manager (Remote Eligible) Anonymous (not verified) Wed, 06/09/2021 - 05:44 Job Location Edinburgh, UK Department Product Mgt Do you like problem solving and getting things done? Keen on optimization and system development, and working on problems with massive scale? Smartsheet UK are …

New Business Representative- SMB

New Business Representative- SMB Anonymous (not verified) Tue, 06/08/2021 - 14:44 Job Location Sydney, AU Department Commercial Sales Smartsheet is seeking a developed sales professional to join our Sales Team as an APAC and/or ANZ New Business Representative. The ideal candidate will have a …

Senior Product Manager (Remote Eligible)

Senior Product Manager (Remote Eligible) Anonymous (not verified) Tue, 06/08/2021 - 09:44 Job Location Edinburgh, UK Department Product Mgt Do you like problem solving and getting things done? Keen on optimization and system development, and working on problems with massive scale? Smartsheet …

Director, Global Technical Support (Remote Eligible, West Coast)

Director, Global Technical Support (Remote Eligible, West Coast) Anonymous (not verified) Mon, 06/07/2021 - 15:44 Job Location Bellevue, WA, USA Department Technical Support   In 2005, Smartsheet was founded on the idea that teams and millions of people worldwide deserve a better way to deliv…

New Business Representative II

New Business Representative II Anonymous (not verified) Mon, 06/07/2021 - 09:44 Job Location Bellevue, WA, USA New Business Representative  at Smartsheet London, UK   Smartsheet is seeking a developed sales professional to join our Sales Team as a New Business Representative. You will have a hi…

Senior Growth Marketing Manager

Senior Growth Marketing Manager Anonymous (not verified) Fri, 06/04/2021 - 18:44 Job Location Bellevue, WA, USA Department Marketing Smartsheet transforms work into dynamic work, unifying collaboration, workflows, and content management into a single flexible, secure, scalable, no-code platfo…
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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 Mader, Alissa Abdullah and Mike Arntz.

  • How many employees does Smartsheet have?

    Smartsheet has 1,801 employees.

  • What is Smartsheet revenue?

    Latest Smartsheet annual revenue is $385.5 m.

  • What is Smartsheet revenue per employee?

    Latest Smartsheet revenue per employee is $214.1 k.

  • Who are Smartsheet competitors?

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

  • 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, Clonakilty, Edinburgh and in 1 other location.

  • How many offices does Smartsheet have?

    Smartsheet has 5 offices.