Smartsheet Earnings Reports

Smartsheet Inc. announced its third-quarter fiscal year 2025 results, highlighting a 17% year-over-year increase in total revenue to $286.9 million. The company also entered into a definitive agreement to be acquired by Blackstone and Vista Equity Partners. Smartsheet reported GAAP net income of $1.3 million and non-GAAP net income of $61.0 million.

Smartsheet reported a strong second quarter with a 17% year-over-year increase in total revenue, reaching $276.4 million. The company saw growth in annualized recurring revenue (ARR) and free cash flow, alongside an expansion in the number of customers with significant ARR contributions.

Smartsheet Inc. reported strong Q4 2024 results, achieving a major milestone of $1 billion in annualized recurring revenue. Total revenue grew by 21% year-over-year to $256.9 million. The company's operating and free cash flow also showed significant improvements compared to the previous year.

Smartsheet Inc. reported strong third-quarter fiscal year 2024 results, exceeding expectations for both revenue and earnings. Total revenue grew 23% year-over-year to $245.9 million. The company generated positive operating cash flow of $15.1 million and free cash flow of $11.4 million.

Smartsheet reported a strong second quarter for fiscal year 2024, exceeding expectations across all guidance metrics. Total revenue grew 26% year-over-year to $235.6 million, driven by subscription revenue growth. The company also demonstrated strong cash flow generation, with operating cash flow of $48.5 million and free cash flow of $45.5 million.

Smartsheet Inc. reported a 35% year-over-year increase in total revenue for Q4 2023, reaching $212.3 million. The company achieved positive free cash flow and non-GAAP operating income. Smartsheet issues FY24 free cash flow guidance of $110 million.

Smartsheet's Q3 2023 results showed strong year-over-year growth in revenue and calculated billings, with total revenue reaching $199.6 million, a 38% increase, and calculated billings growing by 36% to $219.6 million. The company exceeded expectations on both the top and bottom lines, while also releasing platform innovations. Smartsheet is helping customers execute more strategically and efficiently, and are realizing a rapid return on investment.

Smartsheet reported a 42% year-over-year increase in total revenue, reaching $186.7 million. The company's calculated billings grew by 44% to $205.6 million, and free cash flow was positive at $7.1 million. Smartsheet continues to expand its customer base, with significant growth in customers with ACV of $100,000 or more.

Smartsheet Inc. reported a 43% year-over-year increase in total revenue for the fourth quarter of fiscal year 2022, reaching $157.4 million. The company's calculated billings grew by 48% year-over-year to $224.3 million. Smartsheet ended the year with a dollar-based net retention rate of 134%.

Smartsheet Inc. reported a record quarter with significant financial and operational achievements. Total revenue reached $144.6 million, a 46% increase year-over-year. The company closed the highest number of large deals in a quarter and experienced the best bookings performance in its history.

Smartsheet Inc. announced strong financial results for its second fiscal quarter ended July 31, 2021. Total revenue increased by 44% year-over-year to $131.7 million. The company's leadership expressed commitment to continued innovation.

Smartsheet Inc. reported a 40% year-over-year increase in total revenue for the fourth quarter, reaching $109.9 million. The company's calculated billings also grew by 49% year-over-year to $151.2 million. Net operating and free cash flow were positive, at $15.2 million and $9.9 million, respectively.

Smartsheet Inc. reported a 38% year-over-year increase in total revenue, reaching $98.9 million for the third quarter of fiscal year 2021. The company's customer base with significant annualized contract values also grew substantially. However, the transition to the public cloud and acquisition-related costs led to a GAAP operating loss of $35.9 million and negative free cash flow of $8.8 million.

Smartsheet Inc. reported a strong second quarter for fiscal year 2021, with total revenue reaching $91.2 million, a 41% increase year-over-year. Subscription revenue grew by 43% to $83.6 million, while professional services revenue increased by 20% to $7.6 million. The company's operating and net losses were $26.7 million and $26.6 million, respectively. Smartsheet is confident in its offerings and investments for future growth.