Smartsheet Inc
NYSE:SMAR
Income Statement
Earnings Waterfall
Smartsheet Inc
Revenue
|
958.3m
USD
|
Cost of Revenue
|
-186.4m
USD
|
Gross Profit
|
771.9m
USD
|
Operating Expenses
|
-892.2m
USD
|
Operating Income
|
-120.3m
USD
|
Other Expenses
|
15.7m
USD
|
Net Income
|
-104.6m
USD
|
Income Statement
Smartsheet Inc
Jan-2017 | Apr-2017 | Jul-2017 | Oct-2017 | Jan-2018 | Apr-2018 | Jul-2018 | Oct-2018 | Jan-2019 | Apr-2019 | Jul-2019 | Oct-2019 | Jan-2020 | Apr-2020 | Jul-2020 | Oct-2020 | Jan-2021 | Apr-2021 | Jul-2021 | Oct-2021 | Jan-2022 | Apr-2022 | Jul-2022 | Oct-2022 | Jan-2023 | Apr-2023 | Jul-2023 | Oct-2023 | Jan-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||
Revenue |
67
N/A
|
76
+13%
|
86
+14%
|
98
+13%
|
111
+14%
|
125
+13%
|
141
+13%
|
159
+12%
|
178
+12%
|
198
+11%
|
220
+11%
|
245
+11%
|
271
+11%
|
300
+11%
|
327
+9%
|
354
+8%
|
386
+9%
|
417
+8%
|
458
+10%
|
503
+10%
|
551
+9%
|
602
+9%
|
657
+9%
|
712
+8%
|
767
+8%
|
819
+7%
|
867
+6%
|
914
+5%
|
958
+5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||
Cost of Revenue |
(14)
|
(16)
|
(18)
|
(20)
|
(22)
|
(25)
|
(27)
|
(30)
|
(34)
|
(37)
|
(42)
|
(47)
|
(53)
|
(61)
|
(67)
|
(77)
|
(86)
|
(94)
|
(102)
|
(108)
|
(117)
|
(127)
|
(140)
|
(154)
|
(165)
|
(174)
|
(181)
|
(185)
|
(186)
|
|
Gross Profit |
53
N/A
|
60
+13%
|
69
+15%
|
78
+14%
|
90
+15%
|
101
+13%
|
114
+13%
|
128
+13%
|
144
+12%
|
161
+12%
|
178
+11%
|
198
+11%
|
218
+10%
|
239
+10%
|
260
+8%
|
277
+7%
|
300
+8%
|
323
+8%
|
356
+10%
|
396
+11%
|
434
+10%
|
475
+9%
|
517
+9%
|
558
+8%
|
602
+8%
|
644
+7%
|
687
+7%
|
729
+6%
|
772
+6%
|
|
Operating Income | ||||||||||||||||||||||||||||||
Operating Expenses |
(68)
|
(79)
|
(107)
|
(123)
|
(139)
|
(156)
|
(159)
|
(179)
|
(199)
|
(223)
|
(249)
|
(284)
|
(322)
|
(351)
|
(377)
|
(399)
|
(421)
|
(453)
|
(502)
|
(542)
|
(604)
|
(676)
|
(740)
|
(788)
|
(823)
|
(828)
|
(842)
|
(877)
|
(892)
|
|
Selling, General & Administrative |
(46)
|
(55)
|
(74)
|
(87)
|
(96)
|
(107)
|
(107)
|
(121)
|
(129)
|
(151)
|
(167)
|
(187)
|
(207)
|
(227)
|
(244)
|
(264)
|
(271)
|
(308)
|
(342)
|
(362)
|
(395)
|
(447)
|
(492)
|
(533)
|
(561)
|
(564)
|
(575)
|
(597)
|
(605)
|
|
Research & Development |
(20)
|
(22)
|
(30)
|
(34)
|
(38)
|
(44)
|
(46)
|
(52)
|
(59)
|
(66)
|
(74)
|
(83)
|
(96)
|
(101)
|
(107)
|
(115)
|
(119)
|
(129)
|
(140)
|
(149)
|
(165)
|
(182)
|
(196)
|
(206)
|
(215)
|
(219)
|
(224)
|
(231)
|
(234)
|
|
Other Operating Expenses |
(2)
|
(2)
|
(3)
|
(3)
|
(5)
|
(5)
|
(6)
|
(6)
|
(11)
|
(6)
|
(9)
|
(14)
|
(20)
|
(23)
|
(26)
|
(20)
|
(31)
|
(17)
|
(20)
|
(31)
|
(44)
|
(48)
|
(52)
|
(49)
|
(47)
|
(45)
|
(44)
|
(49)
|
(54)
|
|
Operating Income |
(15)
N/A
|
(19)
-26%
|
(38)
-99%
|
(45)
-19%
|
(49)
-8%
|
(55)
-12%
|
(45)
+18%
|
(51)
-13%
|
(55)
-8%
|
(63)
-14%
|
(71)
-13%
|
(86)
-22%
|
(104)
-20%
|
(112)
-8%
|
(117)
-5%
|
(122)
-3%
|
(121)
+1%
|
(130)
-8%
|
(147)
-13%
|
(147)
0%
|
(170)
-16%
|
(202)
-19%
|
(223)
-11%
|
(229)
-3%
|
(222)
+3%
|
(184)
+17%
|
(155)
+16%
|
(148)
+5%
|
(120)
+19%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(2)
|
(1)
|
(0)
|
2
|
4
|
5
|
7
|
8
|
9
|
7
|
4
|
1
|
0
|
0
|
0
|
0
|
0
|
2
|
4
|
8
|
13
|
17
|
22
|
26
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
2
|
1
|
0
|
(1)
|
(3)
|
(1)
|
1
|
1
|
1
|
(0)
|
(2)
|
(2)
|
|
Pre-Tax Income |
(15)
N/A
|
(19)
-26%
|
(38)
-101%
|
(45)
-19%
|
(49)
-9%
|
(57)
-15%
|
(46)
+19%
|
(51)
-11%
|
(54)
-5%
|
(59)
-10%
|
(66)
-12%
|
(79)
-20%
|
(96)
-21%
|
(104)
-8%
|
(111)
-7%
|
(118)
-6%
|
(119)
-1%
|
(128)
-8%
|
(146)
-14%
|
(146)
0%
|
(171)
-17%
|
(204)
-19%
|
(222)
-9%
|
(225)
-1%
|
(213)
+5%
|
(170)
+20%
|
(138)
+19%
|
(128)
+7%
|
(96)
+25%
|
|
Net Income | ||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
4
|
4
|
4
|
4
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(3)
|
(5)
|
(8)
|
(10)
|
(8)
|
|
Income from Continuing Operations |
(15)
|
(19)
|
(38)
|
(45)
|
(49)
|
(56)
|
(46)
|
(51)
|
(54)
|
(59)
|
(66)
|
(80)
|
(96)
|
(104)
|
(112)
|
(115)
|
(115)
|
(124)
|
(142)
|
(147)
|
(171)
|
(205)
|
(223)
|
(226)
|
(216)
|
(175)
|
(146)
|
(138)
|
(105)
|
|
Net Income (Common) |
(15)
N/A
|
(19)
-26%
|
(43)
-124%
|
(50)
-17%
|
(54)
-8%
|
(61)
-13%
|
(46)
+25%
|
(51)
-11%
|
(54)
-6%
|
(59)
-10%
|
(66)
-11%
|
(80)
-20%
|
(96)
-21%
|
(104)
-8%
|
(112)
-7%
|
(115)
-3%
|
(115)
0%
|
(124)
-8%
|
(142)
-14%
|
(147)
-3%
|
(171)
-17%
|
(205)
-20%
|
(223)
-9%
|
(226)
-2%
|
(216)
+5%
|
(175)
+19%
|
(146)
+17%
|
(138)
+5%
|
(105)
+24%
|
|
EPS (Diluted) |
-0.15
N/A
|
-0.19
-27%
|
-0.43
-126%
|
-0.5
-16%
|
-0.54
-8%
|
-0.61
-13%
|
-0.45
+26%
|
-0.5
-11%
|
-0.65
-30%
|
-0.57
+12%
|
-0.59
-4%
|
-0.68
-15%
|
-0.85
-25%
|
-0.89
-5%
|
-0.94
-6%
|
-0.95
-1%
|
-0.95
N/A
|
-1.01
-6%
|
-1.14
-13%
|
-1.17
-3%
|
-1.36
-16%
|
-1.61
-18%
|
-1.71
-6%
|
-1.73
-1%
|
-1.66
+4%
|
-1.32
+20%
|
-1.09
+17%
|
-1.02
+6%
|
-0.78
+24%
|