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.

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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 (SMAR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Smartsheet (SMAR) Upgraded to Buy: Here's Why

Chegg

Investors with an interest in Internet - Software stocks have likely encountered both Chegg (CHGG) and Smartsheet (SMAR). But which of these two stocks presents investors with the better value opportunity right now?

CHGG or SMAR: Which Is the Better Value Stock Right Now?

BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet (NYSE: SMAR), the enterprise work management platform, today shared that it has implemented Amazon Q Business, a new generative AI-powered assistant, to streamline knowledge management and accelerate employee productivity in the cloud. Smartsheet is using the technology to consolidate its organizational knowledge into a single AI engine that gives its workforce immediate answers through natural language queries. Smartsheet embedded Amazon Q in the co.

Smartsheet Integrates Amazon Q on AWS to Implement New Generative AI-Powered Assistant for its Employees

The headline numbers for Smartsheet (SMAR) give insight into how the company performed in the quarter ended April 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Smartsheet (SMAR) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Shares of Smartsheet Inc (NYSE:SMAR) are soaring today, up 18.7% at $44.85 at last look, following the software name's better-than-expected first-quarter results.

Smartsheet Stock Headed for Best Day Ever

Smartsheet stock rallied more than 10% after reporting strong Q1 results and announcing a share buyback program. The company plans to overhaul its pricing model to attract more users at a lower per-user rate. Smartsheet also significantly boosted its operating margin guidance for the year, a result of disciplined opex management.

Smartsheet Stock: Finally Showing The Capacity To Rally

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Smartsheet's stock jumped 12% after a positive earnings report, but I'm less enthusiastic due to high valuation and decelerating growth rates. The Company provides a collaborative work management platform, similar to Asana but with better financials. I believe SMAR is fairly valued given its financial outlook, solid performance, and ample cash reserves.

Smartsheet Earnings: Stock Jumps Higher But Questions Remain

Smartsheet Inc. (NYSE:SMAR ) Q1 2025 Earnings Conference Call June 5, 2024 4:30 PM ET Company Participants Aaron Turner - Head of Investor Relations Mark Mader - President and Chief Executive Officer Pete Godbole - Chief Financial Officer Conference Call Participants John DiFucci - Guggenheim Securities Scott Berg - Needham & Company Joshua Baer - Morgan Stanley Terry Tillman - Truist Securities Rishi Jaluria - RBC Capital Markets Alex Zukin - Wolfe Research George Iwanyc - Oppenheimer Michael Berg - Wells Fargo Brent Thill - Jefferies George Kurosawa - Citi Pinjalim Bora - JPMorgan DJ Hynes - Canaccord Genuity Kyle Diehl - KeyBanc Capital Markets Taylor McGinnis - UBS Operator Ladies and gentlemen, good afternoon, and thank you for standing by. My name is Abby and I will be your conference operator today.

Smartsheet Inc. (SMAR) Q1 2025 Earnings Call Transcript

Smartsheet (SMAR) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.18 per share a year ago.

Smartsheet (SMAR) Tops Q1 Earnings and Revenue Estimates

Smartsheet revenue rose 20% year-over-year to $263 million during its first fiscal quarter, topping analyst estimates.

Smartsheet stock jumps as quarterly revenue rises 20% to $263M

Smartsheet Inc. delivered an upbeat earnings outlook, sending shares of the software maker more than 10% higher in Wednesday's extended session.

Smartsheet's stock gets a big lift as bottom-line trends impress

BELLEVUE, Wash.--(BUSINESS WIRE)---- $SMAR #earnings--Smartsheet Inc. Announces First Quarter Fiscal Year 2025 Results.

Smartsheet Inc. Announces First Quarter Fiscal Year 2025 Results

While Excel gives Microsoft Co. NASDAQ: MSFT the dominating position in data analysis and visualization software, as it is globally accepted through education and corporations, it is far from perfect. Regarding project management, platforms like Smartsheet Inc. NYSE: SMAR take the lead but aren't as widely followed as other peers like Salesforce Inc. NYSE: CRM.

Why Smartsheet Stock is an Undervalued Gem of an Investment

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Smartsheet (SMAR), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended April 2024.

Smartsheet (SMAR) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates

Bumble

Investors with an interest in Internet - Software stocks have likely encountered both Bumble Inc. (BMBL) and Smartsheet (SMAR). But which of these two stocks offers value investors a better bang for their buck right now?

BMBL vs. SMAR: Which Stock Is the Better Value Option?

BELLEVUE, Wash.--(BUSINESS WIRE)-- #SmartsheetENGAGE--Smartsheet (NYSE: SMAR), the enterprise work management platform, announced today the general availability of new AI and resource management features that offer actionable analysis, insights, and enhanced visibility for enterprises. These new features are integrated into the Smartsheet platform, enabling enterprises to make smart decisions based on their data. The features are being introduced at the inaugural Smartsheet ENGAGE London customer conference. As bu.

Smartsheet Empowers Enterprises to Make Smart Decisions and Get Results Faster with Updates to its Next-Generation Work Management Platform

BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet Inc. (NYSE: SMAR), the enterprise work management platform, today announced that it will release its financial results for its first quarter of fiscal year 2025, which ended April 30, 2024, after the close of U.S. financial markets on June 5, 2024. 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 2025 Financial Results on June 5, 2024

Investors with an interest in Internet - Software stocks have likely encountered both Bumble Inc. (BMBL) and Smartsheet (SMAR). But which of these two companies is the best option for those looking for undervalued stocks?

BMBL vs. SMAR: Which Stock Should Value Investors Buy Now?

BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet (NYSE: SMAR), the enterprise work management platform, today announced that its Board of Directors has authorized the repurchase of up to $150 million of the company's outstanding Class A common stock through open market purchase, block trades, and/or in privately negotiated transactions or pursuant to 10b5-1 plans, in compliance with applicable securities laws and other legal requirements. The timing, manner, price, and amount of any repurchase will.

Smartsheet Announces $150 Million Share Repurchase Program

BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet (NYSE: SMAR), the enterprise work management platform, today announced the appointment of Jo Deal as Chief People Officer. Deal will be responsible for leading the company's people & culture team and evolving its people strategies to support the company in its post–$1 billion annualized recurring revenue growth phase. “We're pleased to welcome Jo to Smartsheet. Her experience scaling global teams to drive business results will be invaluable in ou.

Smartsheet Appoints Jo Deal as Chief People Officer

The average of price targets set by Wall Street analysts indicates a potential upside of 33.1% in Smartsheet (SMAR). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Think Smartsheet (SMAR) Could Surge 33.08%: Read This Before Placing a Bet

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SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- #alternativeassets--Caliber promotes Ignacio Martinez to Chief Operating Officer of the Arizona-based real estate investor, manager and developer.

Caliber Appoints Ignacio Martinez Chief Operating Officer

Asana

Every earnings season comes with its winners and losers. In most cases, an actual earnings beat doesn't matter as much as the forward guidance.

2 Earnings Dumpers Worth a Second Look

BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet Inc. (NYSE: SMAR), the enterprise work management platform, today announced the appointment of Katie Rooney to its board of directors. Rooney, Global Chief Financial Officer and Chief Operating Officer at Alight with over 22 years' experience in finance and capital markets, brings a depth and breadth of operating experience and excellence to Smartsheet. “Katie combines deep financial expertise with diverse industry and sector knowledge,” said Mark Ma.

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