Smartsheet (SMAR) stock price, revenue, and financials

Smartsheet market cap is $8.6 b, and annual revenue was $270.88 m in FY 2020

$8.6 B

SMAR Mkt cap, 15-Jan-2021

$98.9 M

Smartsheet Revenue Q3, 2021
Smartsheet Gross profit (Q3, 2021)75.2 M
Smartsheet Gross profit margin (Q3, 2021), %76%
Smartsheet Net income (Q3, 2021)-32 M
Smartsheet EBIT (Q3, 2021)-35.9 M
Smartsheet Cash, 31-Oct-2020420.4 M
Smartsheet EV8.2 B

Smartsheet Revenue

Smartsheet revenue was $270.88 m in FY, 2020 which is a 52.4% year over year increase from the previous period.

Embed Graph

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 Income Statement

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

Gross profit Margin, %

81%81%80%

Sales and marketing expense

72.9m106.1m176.1m

R&D expense

37.6m58.8m95.5m

General and administrative expense

28.0m34.0m50.2m

Operating expense total

138.5m199.0m321.8m

EBIT

(49.0m)(55.1m)(103.8m)

EBIT margin, %

(44%)(31%)(38%)

Interest expense

435.0k

Interest income

1.5m8.4m

Pre tax profit

(49.4m)(53.6m)(95.8m)

Income tax expense

(307.0k)293.0k114.0k

Net Income

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

EPS

(2.9)(0.6)(0.8)

Smartsheet Balance Sheet

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

PP&E

17.2m22.5m27.0m

Goodwill

445.0k5.5m16.5m

Total Assets

116.6m308.7m797.7m

Accounts Payable

2.6m4.7m7.7m

Short-term debt

2.8m3.8m15.5m

Current Liabilities

78.9m136.3m233.2m

Long-term debt

3.7m2.2m49.6m

Total Debt

6.5m5.9m65.1m

Total Liabilities

84.7m141.8m283.7m

Preferred Stock

112.7m

Additional Paid-in Capital

25.9m327.5m770.5m

Retained Earnings

(106.6m)(160.5m)(256.5m)

Total Equity

(80.7m)167.0m514.1m

Debt to Equity Ratio

-0.1 x0 x0.1 x

Debt to Assets Ratio

0.1 x0 x0.1 x

Financial Leverage

-1.4 x1.8 x1.6 x

Smartsheet Cash Flow

Annual

USDFY, 2018FY, 2019FY, 2020

Net Income

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

Depreciation and Amortization

4.1m7.7m10.7m

Accounts Receivable

(9.5m)(15.3m)(26.0m)

Accounts Payable

704.0k2.0m3.6m

Cash From Operating Activities

(13.6m)(2.9m)(10.9m)

Purchases of PP&E

(6.0m)(5.8m)(5.2m)

Cash From Investing Activities

(1.8m)(13.8m)(90.0m)

Long-term Borrowings

(2.3m)(3.3m)(4.2m)

Cash From Financing Activities

51.4m171.3m402.0m

Net Change in Cash

36.1m154.6m301.1m

Interest Paid

312.0k324.0k243.0k

Income Taxes Paid

8.0k106.0k

Smartsheet Ratios

USDFY, 2018

Revenue/Employee

141.9k

Debt/Equity

-0.1 x

Debt/Assets

0.1 x

Financial Leverage

-1.4 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 k83.90 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$52.20 m$54.86 m$216.57 m$69.12 m$79.45 m$83.50 m$333.56 m$89.89 m$97.27 m$112.36 m

Paying Users

650 k800 k950 k

Users

3.60 m4 m5.30 m

Customers

92 k95 k99 k

Patents (US)

9 10 10 10 10 11 11 11 10

Patents (Foreign)

3 3 3 3 3 3 3

Patents Pending (US)

7 7 6 7 7 6 8 8 9

Trademarks (US)

2 2 2

Trademarks (Foreign)

23 23 23

Trademark Applications

2 2 2

Countries

190

Customers with >$100K Annualized Contract Values

391 433 504

Customers with >$50K Annualized Contract Values

1.04 k1.13 k1.33 k

Smartsheet Employee Rating

4.1235 votes
Culture & Values
4.2
Work/Life Balance
4.2
Senior Management
4
Salary & Benefits
4.1
Career Opportunities
4.1
Source