Smartsheet

Smartsheet, Inc. engages in the design and development of cloud-based platform for work management. It offers ways for customers to plan and manage their work using grids, projects, cards, and calendars. The company was founded by W. Eric Browne, Maria Colacurcio, John D. Creason, and Brent R. Frei in 2005 and is headquartered in Bellevue, WA.

Earnings data Q1 2022

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Earnings data Q2 2024

Earnings data Q3 2024

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Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

Earnings data Q4 2025

Smartsheet reports robust Q1 performance amidst macro challenges

Smartsheet's Q1 2024 earnings call showcased strong financial performance and notable enterprise expansions. However, challenges in the macro environment have impacted sales productivity, leading to a focus on incremental marketing programs and real-time investment decisions. Despite over-performance in Q1, revenue guidance remains unchanged due to a conservative approach given the dynamic macro environment.

Smartsheet reports strong Q2 performance and anticipates $1B ARR

Smartsheet's Q2 earnings call highlighted robust financial performance, a growing customer base, and plans for future expansion. While facing challenges related to customer retention and sales force productivity, the company is well-positioned to capitalize on opportunities in the enterprise segment and the introduction of new modules. Overall, Smartsheet's performance reflects a positive trajectory for future growth.

Smartsheet exceeds Q3 revenue expectations, cautious outlook for FY '25

Smartsheet's Q3 performance exceeded expectations, with strong revenue growth and significant customer expansions. While facing challenges in SMB expansions and cautious outlook for FY '25, the company sees opportunities in AI integration and global expansion. The focus on self-discovery capabilities and partnerships also presents promising growth potential.

Smartsheet exceeds Q4 expectations, focuses on AI integration for growth

Smartsheet's Q4 performance showcased robust revenue growth, profitability, and customer expansion. The company's focus on product innovation, AI integration, and strategic partnerships positions it well for future growth. While macroeconomic challenges persist, Smartsheet's emphasis on enterprise customers and margin expansion presents opportunities for sustained success.

Smartsheet beats Q1 revenue targets, eyes platform growth opportunities

Smartsheet's Q1 performance exceeded expectations across key metrics.
The company's strengths lie in customer expansions, new plan success, and investments.
Challenges include macro conditions and international headwinds.
Opportunities in platform enhancements, market focus, and partner strategies.

Smartsheet exceeds Q2 revenue targets, eyes enterprise growth opportunities

Smartsheet delivered strong Q2 results, surpassing revenue targets and showcasing growth in key metrics.
While facing challenges in net retention and user conversion, the company's focus on enterprise solutions and product enhancements presents opportunities for future growth.
Recognition in the industry, notable customer expansions, and upcoming product modules position Smartsheet well for continued success and innovation.

Smartsheet surpasses Q3 revenue targets, eyes global expansion and AI integration

Smartsheet delivered strong Q3 results, exceeding revenue guidance and showcasing growth in billings and user base. The company's strategic expansions with key clients and focus on AI integration and global expansion position it well for future success.
While facing challenges in SMB expansions and evolving customer dynamics, Smartsheet's strengths in driving enterprise deals, modular feature development, and partnership strategies offer resilience. The company must navigate uncertainties around Gen AI and industry pressures to capitalize on growth opportunities.
Overall, Smartsheet's performance in Q3 reflects resilience and strategic foresight, with a balance of strengths, challenges, and opportunities shaping its path forward. Navigating industry dynamics and leveraging partnerships will be key to sustaining growth and innovation.

Smartsheet hits $1B ARR milestone, eyes growth amid challenges

Smartsheet's Q4 FY 2024 performance reflects strong financial results, notable customer expansions, and guidance for continued growth in FY '25, underpinned by key strengths in innovation and customer loyalty.
While facing challenges such as pressure on SMBs and margin improvement, the company has opportunities to leverage AI capabilities, address SMB weaknesses, and expand internationally for sustained growth.
Overall, Smartsheet's strategic focus on innovation, customer engagement, and market expansion positions it well for future success, despite navigating challenges and uncertainties in the business landscape.
Investors should monitor Smartsheet's execution of growth strategies, particularly in addressing SMB challenges, leveraging AI capabilities, and capitalizing on international opportunities to drive long-term value.

Smartsheet posts robust Q1 results, eyes sustained growth and innovation

Smartsheet's Q1 FY 2025 earnings call highlighted strong financial performance, customer expansions, and strategic initiatives like the collaboration with KPMG and new pricing model.
The company's focus on AI adoption, product development, and margin improvement underscores a commitment to innovation, customer value, and sustainable growth.
While facing challenges in user conversion, growth consistency, and operational balance, Smartsheet's opportunities lie in sustained revenue growth, market differentiation, and international expansion.

Smartsheet reports robust Q2 earnings, AI adoption drives growth

Smartsheet's Q2 performance reflects strong customer expansion and revenue growth, driven by key deals and AI tool adoption.
While facing challenges in pricing models and market competition, the company's strategic focus on platform modernization and user experience bodes well for future success.
Opportunities lie in AI tool adoption, expansion deals, and raised guidance, positioning Smartsheet for continued growth and profitability.

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Smartsheet, Inc. engages in the design and development of a cloud-based platform for work management. It offers ways for customers to plan and manage work using tables, plans, projects, cards, Gantt charts, and calendars, as well as allowing users to toggle between views. The company was founded by W. Eric Browne, Maria Colacurcio, John D. Creason, and Brent R. Frei in 2005 and is headquartered in Bellevue, WA.

Smartsheet Inc. (NYSE:SMAR ) Q2 2023 Earnings Conference Call September 1, 2022 4:30 PM ET Company Participants Aaron Turner - Head of IR Mark Mader - CEO Pete Godbole - CFO Conference Call Participants John Difucci - Guggenheim Partners Robert Dion - Truist Securities Michael Turrin - Wells Fargo Securities Brent Thill - Jefferies George Iwanyc - Oppenheimer Rishi Jaluria - RBC Scott Berg - Needham Jacob Roberge - William Blair Keith Bachman - BMO Pinjalim Bora - JPMorgan Steve Enders - Citi Josh Baer - Morgan Stanley Andrew Degasperi - Berenberg Robert Simmons - DA Davidson Operator Good afternoon. My name is Emma, and I will be your conference operator today.

Smartsheet Inc. (SMAR) Q2 2023 Earnings Call Transcript

Smartsheet (SMAR) delivered earnings and revenue surprises of 50% and 3.49%, respectively, for the quarter ended July 2022. Do the numbers hold clues to what lies ahead for the stock?

Smartsheet (SMAR) Reports Q2 Loss, Tops Revenue Estimates

BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet has acquired brand management and creative automation platform Outfit, bolstering its digital asset management platform Brandfolder.

Smartsheet Acquires Outfit Bolstering Its Industry-Leading Digital Asset Management Platform Brandfolder

BELLEVUE, Wash.--(BUSINESS WIRE)---- $SMAR #earnings--Smartsheet Inc. (NYSE: SMAR), the enterprise platform for dynamic work, today announced financial results for its second fiscal quarter ended July 31, 2022. “Our strong quarterly results demonstrate the value customers are seeing from our core platform and premium capabilities,” said Mark Mader, President and CEO of Smartsheet. “Smartsheet empowers customers to unlock the potential of their teams and achieve better business results, giving them an edge in today

Smartsheet Inc. Announces Second Quarter Fiscal Year 2023 Results

Earnings Preview: What To Expect From Smartsheet On Thursday

BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet, the enterprise platform for dynamic work, today announced the findings of a new commissioned study conducted by Forrester Consulting on behalf of Brandfolder by Smartsheet. The study reveals that a composite organization using Brandfolder as its digital asset management platform achieved $1.13 million in benefits over three years, with payback within six months. The new study, The Total Economic ImpactTM of Brandfolder, found that organizations usin

Brandfolder by Smartsheet Delivered 273% Return on Investment According to 2022 Total Economic Impact Study

BELLEVUE, Wash.--(BUSINESS WIRE)-- #AmplifyYourPowers--Smartsheet, the enterprise platform for dynamic work, will host its annual ENGAGE conference, September 19-22, 2022, at the Seattle Convention Center. Thousands of innovators from across the globe will hear from Smartsheet executives, special guests including McLaren Racing CEO Zak Brown and Head of Commercial Technology Ed Green, and well-known brands like TIME and HP about platform updates, the power of Smartsheet and our vision for helping organizations ampl

Thousands of Innovators to Hear from Smartsheet Executives, McLaren Racing CEO and Global Brands at ENGAGE 2022

BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet, the enterprise platform for dynamic work, today announced the appointment of Dennis Durkin to its board of directors. He will also serve on the board's Audit Committee. Durkin, former Chief Financial Officer of Activision Blizzard and Chief Operating and Financial Officer of Microsoft's Interactive Entertainment Business, brings a depth and breadth of experience to Smartsheet, with a focus on growing and scaling global digital businesses and communi

Smartsheet Names Dennis Durkin to Board of Directors

BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet Inc. (NYSE: SMAR), the enterprise platform for dynamic work, today announced that it will release its financial results for its second quarter of fiscal year 2023, which ended July 31, 2022, after the close of U.S. financial markets on September 1, 2022. Smartsheet executives will host a conference call and webcast that day at 4:30 p.m. ET (1:30 p.m. PT) to discuss the results. The dial-in number to access the call will be (888) 440-6385 or (646) 960

Smartsheet to Announce Second Quarter of Fiscal Year 2023 Financial Results on September 1, 2022

Shares of Smartsheet have fallen 60% this year, despite strong fundamental performance. Revenue growth has continued at a >40% y/y pace. The company has cited that it has not yet seen material impacts from macro conditions on its sales.

Smartsheet: The Best Deal In The Software Sector

Smartsheet posted good results for the FY23Q1 quarter in general. Billings growth was somewhat softer, but this could be just a one-time phenomenon. Future growth prospects remain strong, which encourages management to prefer continued investments over short-term profitability. Still, Smartsheet could reach breakeven FCF this year, showing a clear path towards profitability.

Smartsheet Stock: Still Unjustifiably Cheap

Smartsheet posted an adjusted loss for its fiscal first quarter of 18 cents a share.

Smartsheet Stock Is Sliding, but Analysts Remain Bullish

Smartsheet Inc. (NYSE:SMAR ) Q1 2023 Earnings Conference Call June 7, 2022 4:30 AM ET Company Participants Aaron Turner - Head of Investor Relations Mark Mader - Chief Executive Officer Pete Godbole - Chief Financial Officer Conference Call Participants Brent Thill - Jefferies Terry Tillman - Truist Securities Michael Turrin - Wells Fargo Securities Keith Bachman - BMO Scott Berg - Needham George Iwanyc - Oppenheimer Alex Zukin - Wolfe Research Robert Simmons - DA Davidson Pinjalim Bora - JPMorgan Jake Roberge - William Blair Josh Baer - Morgan Stanley Operator Ladies and gentlemen, thank you for standing by. My name is Brent, and I will be your conference operator today.

Smartsheet Inc. (SMAR) CEO Mark Mader on Q1 2023 Results - Earnings Call Transcript

Smartsheet (SMAR) delivered earnings and revenue surprises of 0% and 3.60%, respectively, for the quarter ended April 2022. Do the numbers hold clues to what lies ahead for the stock?

Smartsheet (SMAR) Reports Q1 Loss, Tops Revenue Estimates

Smartsheet Inc (NYSE: SMAR) reported first-quarter revenue growth of 44% year-over-year to $168.3 million, beating the consensus of $162.55 million. Adjusted EPS was $(0.18), beat the consensus of $(0.19).

Smartsheet Shares Slide After Hours On Widening Q1 Loss, Below Par EPS Outlook

BELLEVUE, Wash.--(BUSINESS WIRE)---- $SMAR #earnings--Smartsheet Inc. Announces First Quarter Fiscal Year 2023 Results

Smartsheet Inc. Announces First Quarter Fiscal Year 2023 Results

BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet Inc. (NYSE: SMAR), the enterprise platform for dynamic work, today announced that it will release its financial results for its first quarter of fiscal year 2023, which ended April 30, 2022, after the close of U.S. financial markets on June 7, 2022. Smartsheet executives will host a conference call and webcast that day at 4:30 p.m. ET (1:30 p.m. PT) to discuss the results. The dial-in number to access the call will be (888) 440-6385 or (646) 960-0180

Smartsheet to Announce First Quarter of Fiscal Year 2023 Financial Results on June 7, 2022

Shares of Smartsheet have crashed 35% year to date, and are down by nearly half relative to highs notched last December. Revenue growth has sustained north of >40% y/y, and the company continues to point to high-30s growth in FY23.

Don't Miss The Chance To Buy Smartsheet As A Value Stock

SYDNEY--(BUSINESS WIRE)-- #DeadlyScience--Australian nonprofit, DeadlyScience, will take part in the Sponsor X initiative led by McLaren Racing sponsor Smartsheet, the enterprise platform for dynamic work. Starting with the DeadlyScience logo replacing Smartsheet's logo on the McLaren MCL36 race cars at the Australian Grand Prix on 8-10 April, Smartsheet will help raise awareness and donations to benefit DeadlyScience's mission. DeadlyScience is a nonprofit that provides remote Australian communities with STEM

Meet DeadlyScience: The Australian Nonprofit Taking the Podium with Smartsheet's Sponsor X Initiative

Smartsheet's latest quarterly earnings release marks another quarter of greater-than-forecast performance, most notably in terms of calculated billings.

It's Smart To Buy Smartsheet Now!

BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet Inc. (NYSE:SMAR), the enterprise platform for dynamic work, today announced that its Chief Financial Officer Pete Godbole is scheduled to present at the Wolfe Research Virtual "March Madness" Software Conference on Wednesday, March 23, 2022, at 1:05 p.m. Eastern Time. A live webcast of the presentation will be accessible from Smartsheet's investor website at https://investors.smartsheet.com. A replay of the presentation will be available from the web

Smartsheet to Participate at the Wolfe Research Virtual "March Madness" Software Conference

Smartsheet Inc. (SMAR) CEO Mark Mader on Q4 2022 Results - Earnings Call Transcript

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SentinelOne, Smartsheet Fall After Hours Despite Continued Business Growth

Smartsheet (SMAR) delivered earnings and revenue surprises of 20% and 3.83%, respectively, for the quarter ended January 2022. Do the numbers hold clues to what lies ahead for the stock?

Smartsheet (SMAR) Reports Q4 Loss, Tops Revenue Estimates

Smartsheet Inc (NYSE: SMAR) shares are trading lower in Tuesday's after-hours session after the company reported financial results and issued weak earnings guidance.  Smartsheet said fourth-quarter revenue grew 43% year-over-year to $157.4 million, which beat the $151.66-million.

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