Company research
SMARTSHEET INC
CIK 1366561Updated Sep 29, 2026
Name history
SMARTSHEET.COM INC · through Nov 8, 2016
Filing activity
Latest filing
50 filings on record · SCHEDULE 13G/A, 4, S-8 POS, DEFA14A, 8-K, 144.
Recent filings
Show 5 more recent filings
Financials
FY 2024 · USDSource
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balance sheet · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 1,337,479,000Source | 1,110,209,000Source | 1,002,832,000Source | 911,789,000Source |
| Property, Plant and Equipment, NetUSD | — | 39,395,000Source | 36,835,000Source | 28,613,000Source |
| GoodwillUSD | 141,477,000Source | 142,415,000Source | 125,605,000Source | 125,605,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 27,960,000Source | 39,069,000Source | 44,096,000Source | 54,139,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 282,094,000Source | 223,156,000Source | 449,074,000Source | 442,200,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 238,708,000Source | 198,643,000Source | 151,138,000Source | 102,648,000Source |
| Assets, CurrentUSD | 931,869,000Source | 710,087,000Source | 634,602,000Source | 558,372,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 64,366,000Source | 55,063,000Source | 34,390,000Source | 13,524,000Source |
| Operating Lease, Right-of-Use AssetUSD | 39,480,000Source | 54,278,000Source | 67,171,000Source | 81,081,000Source |
| Other Assets, NoncurrentUSD | 5,445,000Source | 2,983,000Source | 3,194,000Source | 3,432,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 731,624,000Source | 624,551,000Source | 498,053,000Source | 384,860,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Additional Paid in CapitalUSD | 1,468,805,000Source | 1,243,730,000Source | 1,047,313,000Source | 898,366,000Source |
| Retained Earnings (Accumulated Deficit)USD | -862,804,000Source | -758,173,000Source | -542,534,000Source | -371,437,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -146,000Source | 101,000Source | — | — |
| Stockholders' Equity Attributable to ParentUSD | 605,855,000Source | 485,658,000Source | 504,779,000Source | 526,929,000Source |
| Liabilities and EquityUSD | 1,337,479,000Source | 1,110,209,000Source | 1,002,832,000Source | 911,789,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 695,850,000Source | 574,663,000Source | 437,439,000Source | 307,723,000Source |
| Operating Lease, Liability, CurrentUSD | 16,040,000Source | 19,220,000Source | 18,003,000Source | 17,059,000Source |
| Accounts Payable, CurrentUSD | 2,937,000Source | 2,125,000Source | 1,506,000Source | 2,851,000Source |
| Operating Lease, Liability, NoncurrentUSD | 33,100,000Source | 47,564,000Source | 58,237,000Source | 71,925,000Source |
| Other Liabilities, NoncurrentUSD | 434,000Source | 129,000Source | 0Source | 3,904,000Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | — | — | 135,000Source | 63,000Source |
| Short-term InvestmentsUSD | 346,701,000Source | 233,225,000Source | — | 0Source |
cash flow · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 27,012,000Source | 24,856,000Source | 21,765,000Source | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 206,206,000Source | 176,555,000Source | 114,900,000Source | 71,750,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 43,910,000Source | 47,597,000Source | 48,575,000Source | 43,112,000Source |
| Increase (Decrease) in Accounts PayableUSD | 828,000Source | 154,000Source | -1,331,000Source | -4,915,000Source |
| Deferred Income Tax Expense (Benefit)USD | -545,000Source | -351,000Source | 72,000Source | -3,931,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 157,878,000Source | 23,588,000Source | -3,512,000Source | -15,648,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 0Source | 20,342,000Source | 0Source | 125,055,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -113,686,000Source | -263,901,000Source | -18,300,000Source | -85,057,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 2,563,000Source | 6,137,000Source | 10,563,000Source | 4,176,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 7,100,000Source | 4,177,000Source | 6,171,000Source | 2,150,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 14,525,000Source | 14,056,000Source | 30,341,000Source | 25,793,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 58,685,000Source | -225,923,000Source | 7,332,000Source | -74,441,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 282,442,000Source | 223,757,000Source | 449,680,000Source | 442,348,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 11,000Source | 0Source | 0Source | 114,000Source |
| Income Taxes Paid, NetUSD | 12,085,000Source | 551,000Source | 196,000Source | 168,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | -32,000Source | 334,000Source | -1,197,000Source | 471,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 206,206,000Source | 176,555,000Source | 114,900,000Source | 72,022,000Source |
| Amortization of Intangible AssetsUSD | 10,800,000Source | 10,300,000Source | 10,100,000Source | 6,286,000Source |
| Capitalized Computer Software, AmortizationUSD | 9,500,000Source | 7,700,000Source | 5,700,000Source | 3,600,000Source |
| DepreciationUSD | 15,200,000Source | 13,700,000Source | 10,900,000Source | 10,969,000Source |
| Foreign Currency Transaction Gain (Loss), UnrealizedUSD | -670,000Source | 1,198,000Source | -1,048,000Source | 161,000Source |
| Gain (Loss) on Disposition of AssetsUSD | — | -779,000Source | 0Source | -268,000Source |
| General and Administrative ExpenseUSD | 147,525,000Source | 128,811,000Source | 109,204,000Source | 71,443,000Source |
| GoodwillUSD | 141,477,000Source | 142,415,000Source | 125,605,000Source | 125,605,000Source |
| Goodwill, Impairment LossUSD | 0Source | — | 0Source | 0Source |
| Income Tax Expense (Benefit)USD | 8,489,000Source | 2,849,000Source | 296,000Source | -3,753,000Source |
| Net Income (Loss) Attributable to ParentUSD | -104,631,000Source | -215,639,000Source | -171,097,000Source | -114,979,000Source |
| Operating ExpensesUSD | 892,172,000Source | 823,266,000Source | 604,395,000Source | 420,446,000Source |
| Operating Lease, Impairment LossUSD | 1,400,000Source | 1,500,000Source | — | — |
| Other Nonoperating Income (Expense)USD | -1,501,000Source | 1,104,000Source | -813,000Source | 296,000Source |
| Proceeds from Stock Options ExercisedUSD | 1,653,000Source | 5,633,000Source | 19,132,000Source | 17,373,000Source |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Total RevenueUSD | 958,338,000Source | 766,915,000Source | 550,832,000Source | 385,513,000Source |
| Cost of RevenueUSD | 186,448,000Source | 165,285,000Source | 116,473,000Source | 85,539,000Source |
| Operating Income (Loss)USD | -120,282,000Source | -221,636,000Source | -170,036,000Source | -120,472,000Source |
| Other Nonoperating Income (Expense)USD | -1,501,000Source | 1,104,000Source | -813,000Source | 296,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -96,142,000Source | -212,790,000Source | -170,801,000Source | -118,732,000Source |
| Income Tax Expense (Benefit)USD | 8,489,000Source | 2,849,000Source | 296,000Source | -3,753,000Source |
| Net Income (Loss) Attributable to ParentUSD | -104,631,000Source | -215,639,000Source | -171,097,000Source | -114,979,000Source |
| Earnings Per Share, BasicUSD per share | -0.78Source | -1.66Source | -1.36Source | — |
| Earnings Per Share, DilutedUSD per share | -0.78Source | -1.66Source | -1.36Source | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 134,507,000Source | 130,071,000Source | 125,632,000Source | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 134,507,000Source | 130,071,000Source | 125,632,000Source | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 10,800,000Source | 10,300,000Source | 10,100,000Source | 6,286,000Source |
| Capitalized Computer Software, AmortizationUSD | 9,500,000Source | 7,700,000Source | 5,700,000Source | 3,600,000Source |
| Current Income Tax Expense (Benefit)USD | 9,034,000Source | 3,200,000Source | 224,000Source | 178,000Source |
| General and Administrative ExpenseUSD | 147,525,000Source | 128,811,000Source | 109,204,000Source | 71,443,000Source |
| Goodwill, Impairment LossUSD | 0Source | — | 0Source | 0Source |
| Gross ProfitUSD | 771,890,000Source | 601,630,000Source | 434,359,000Source | 299,974,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -101,173,000Source | -216,167,000Source | -174,043,000Source | -120,958,000Source |
| Interest Income (Expense), Nonoperating, NetUSD | 25,641,000Source | 7,742,000Source | 48,000Source | 1,444,000Source |
| Marketing and Advertising ExpenseUSD | 88,500,000Source | 77,900,000Source | 55,600,000Source | 31,600,000Source |
| Operating ExpensesUSD | 892,172,000Source | 823,266,000Source | 604,395,000Source | 420,446,000Source |
| Research and Development ExpenseUSD | 234,071,000Source | 215,205,000Source | 165,440,000Source | 118,722,000Source |
| Selling and Marketing ExpenseUSD | 510,576,000Source | 479,250,000Source | 329,751,000Source | 230,281,000Source |