Smartsheet (SMAR) stock price, revenue, and financials

Smartsheet market cap is $4.4 b, and annual revenue was $385.51 m in FY 2021

$4.4 B

SMAR Mkt cap, 24-Jun-2022

$144.6 M

Smartsheet Revenue Q3, 2022
Smartsheet Gross profit (Q3, 2022)115.2 M
Smartsheet Gross profit margin (Q3, 2022), %79.7%
Smartsheet Net income (Q3, 2022)-36.7 M
Smartsheet EBIT (Q3, 2022)-36 M
Smartsheet Cash, 31-Oct-2021440 M
Smartsheet EV4 B
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Smartsheet Revenue

Smartsheet revenue was $385.51 m in FY, 2021 which is a 42.3% year over year increase from the previous period.

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Smartsheet Revenue Breakdown

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Smartsheet revenue breakdown by business segment: 91.5% from Subscription and 8.5% from Professional services

Smartsheet revenue breakdown by geographic segment: 9.7% from EMEA, 81.5% from United States and 8.8% from Other

Smartsheet Income Statement

Annual

USDFY, 2019FY, 2020FY, 2021

Revenue

177.7m270.9m385.5m

Revenue growth, %

60%52%42%

Cost of goods sold

33.8m52.9m85.5m

Gross profit

143.9m218.0m300.0m

Gross profit Margin, %

81%80%78%

Sales and marketing expense

106.1m176.1m230.3m

R&D expense

58.8m95.5m118.7m

General and administrative expense

34.0m50.2m71.4m

Operating expense total

199.0m321.8m420.4m

EBIT

(55.1m)(103.8m)(120.5m)

EBIT margin, %

(31%)(38%)(31%)

Interest income

1.5m8.4m1.4m

Pre tax profit

(53.6m)(95.8m)(118.7m)

Income tax expense

293.0k114.0k(3.8m)

Net Income

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

EPS

(0.6)(0.8)(0.9)

Smartsheet Balance Sheet

Annual

USDFY, 2019FY, 2020FY, 2021

Cash

213.1m515.9m442.2m

Accounts Receivable

30.2m56.9m102.6m

Prepaid Expenses

3.9m7.6m13.5m

Current Assets

247.2m631.0m558.4m

PP&E

22.5m27.0m28.6m

Goodwill

5.5m16.5m125.6m

Total Assets

308.7m797.7m911.8m

Accounts Payable

4.7m7.7m2.9m

Short-term debt

3.8m15.5m17.1m

Current Liabilities

136.3m233.2m307.7m

Long-term debt

2.2m49.6m71.9m

Total Debt

5.9m65.1m89.0m

Total Liabilities

141.8m283.7m384.9m

Additional Paid-in Capital

327.5m770.5m898.4m

Retained Earnings

(160.5m)(256.5m)(371.4m)

Total Equity

167.0m514.1m526.9m

Debt to Equity Ratio

0 x0.1 x0.2 x

Debt to Assets Ratio

0 x0.1 x0.1 x

Financial Leverage

1.8 x1.6 x1.7 x

Smartsheet Cash Flow

Annual

USDFY, 2019FY, 2020FY, 2021

Net Income

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

Depreciation and Amortization

7.7m13.4m17.3m

Accounts Receivable

(15.3m)(26.0m)(43.1m)

Accounts Payable

2.0m3.6m(4.9m)

Cash From Operating Activities

(2.9m)(10.9m)(15.6m)

Purchases of PP&E

(5.8m)(5.2m)(4.2m)

Cash From Investing Activities

(13.8m)(90.0m)(85.1m)

Long-term Borrowings

(3.3m)(4.2m)(4.1m)

Cash From Financing Activities

171.3m402.0m25.8m

Net Change in Cash

154.6m301.1m(74.4m)

Interest Paid

324.0k243.0k114.0k

Income Taxes Paid

8.0k106.0k168.0k

Smartsheet Ratios

USDFY, 2019

Revenue/Employee

181.6k

Financial Leverage

1.8 x

Smartsheet Operating Metrics

Smartsheet's Users was reported to be 5.3 m in FY, 2020. Smartsheet's Customers was reported to be 99 k in FY, 2020.
Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021

Domain-based Customers

57.84 k61.21 k64.78 k66.65 k69.04 k71.02 k72.53 k74.12 k75.64 k76.69 k77.89 k78.96 k80.28 k82.19 k83.14 k83.9 k

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$1.81 k$2 k$2.21 k$2.45 k$2.68 k$2.97 k$3.29 k$3.64 k$3.87 k$4.16 k$4.67 k

Retention Rate

116%118%119%122%124%126%129%130%130%131%132%134%134%134%134%135%132%128%125%

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$45.38 m$52.2 m$54.86 m$216.57 m$69.12 m$79.45 m$83.5 m$333.56 m$89.89 m$97.27 m$112.36 m

Paying Users

650 k800 k950 k

Users

3.6 m4 m5.3 m

Customers

92 k95 k99 k

Patents (US)

91010101011111110

Patents (Foreign)

3333333

Patents Pending (US)

776776889

Trademarks (US)

222

Trademarks (Foreign)

232323

Trademark Applications

222

Countries

190

Customers with >$100K in Annual Contract Value

391433504

Customers with >$50K in Annual Contract Value

1.04 k1.13 k1.33 k

Smartsheet Employee Rating

4.2499 votes
Culture & Values
4.2
Work/Life Balance
4.2
Senior Management
4
Salary & Benefits
4.1
Career Opportunities
4.1
Source