Smartsheet (SMAR) Revenue & Revenue Breakdown
Smartsheet Revenue Highlights
Latest Revenue (Y)
$958.34M
Latest Revenue (Q)
$262.98M
Main Segment (Y)
Subscription and Circulation
Main Geography (Y)
UNITED STATES
Smartsheet Revenue by Period
Smartsheet Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2024-01-31 | $958.34M | 24.96% |
| 2023-01-31 | $766.91M | 39.23% |
| 2022-01-31 | $550.83M | 42.88% |
| 2021-01-31 | $385.51M | 42.32% |
| 2020-01-31 | $270.88M | 52.42% |
| 2019-01-31 | $177.72M | 59.75% |
| 2018-01-31 | $111.25M | 66.14% |
| 2017-01-31 | $66.96M | 64.32% |
| 2016-01-31 | $40.75M | - |
Smartsheet generated $958.34M in revenue during NA 2024, up 24.96% compared to the previous quarter, and up 539.23% compared to the same period a year ago.
Smartsheet Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-04-30 | $262.98M | 2.35% |
| 2024-01-31 | $256.95M | 4.49% |
| 2023-10-31 | $245.92M | 4.39% |
| 2023-07-31 | $235.59M | 7.14% |
| 2023-04-30 | $219.89M | 3.56% |
| 2023-01-31 | $212.34M | 6.39% |
| 2022-10-31 | $199.58M | 6.90% |
| 2022-07-31 | $186.69M | 10.92% |
| 2022-04-30 | $168.31M | 6.94% |
| 2022-01-31 | $157.39M | 8.82% |
| 2021-10-31 | $144.63M | 9.79% |
| 2021-07-31 | $131.74M | 12.52% |
| 2021-04-30 | $117.08M | 6.56% |
| 2021-01-31 | $109.87M | 11.06% |
| 2020-10-31 | $98.93M | 8.45% |
| 2020-07-31 | $91.22M | 6.71% |
| 2020-04-30 | $85.49M | 8.87% |
| 2020-01-31 | $78.52M | 9.78% |
| 2019-10-31 | $71.53M | 10.64% |
| 2019-07-31 | $64.64M | 15.04% |
| 2019-04-30 | $56.19M | 7.75% |
| 2019-01-31 | $52.15M | 11.27% |
| 2018-10-31 | $46.87M | 10.58% |
| 2018-07-31 | $42.38M | 16.70% |
| 2018-04-30 | $36.32M | 10.18% |
| 2018-01-31 | $32.96M | 12.16% |
| 2017-10-31 | $29.39M | 10.20% |
| 2017-07-31 | $26.67M | 19.93% |
| 2017-04-30 | $22.24M | - |
Smartsheet generated $262.98M in revenue during Q1 2025, up 2.35% compared to the previous quarter, and up 123.85% compared to the same period a year ago.
Smartsheet Revenue Breakdown
Smartsheet Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Jan 24 | Jan 23 | Jan 22 | Jan 21 | Jan 20 |
|---|---|---|---|---|---|
| Professional Services | $54.31M | $53.18M | $43.46M | $32.73M | $26.82M |
| Subscription and Circulation | $904.03M | $713.74M | $507.38M | $352.78M | $244.06M |
Smartsheet's latest annual revenue breakdown by segment (product or service), as of Jan 24: Subscription and Circulation (94.33%), and Professional Services (5.67%).
Quarterly Revenue by Product
| Product/Service | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Professional Services | $13.89M | - | $13.45M | $26.26M | $27.18M | $13.48M | $7.70M | $7.50M | $6.50M | $11.73M | $4.40M | $5.10M | $6.30M | $8.76M | $4.10M | $3.40M | $3.00M | $7.45M | $3.20M | $2.90M |
| Subscription and Circulation | $741.20M | - | $576.70M | $576.82M | $902.60M | $198.86M | $443.50M | $408.00M | $394.50M | $145.66M | $312.30M | $289.00M | $268.60M | $101.11M | $90.89M | $176.60M | $168.70M | $71.07M | $137.80M | $126.40M |
Smartsheet's latest quarterly revenue breakdown by segment (product or service), as of Apr 24: Subscription and Circulation (98.16%), and Professional Services (1.84%).
Smartsheet Revenue Breakdown by Country
Annual Revenue by Country
| Country | Jan 24 | Jan 23 | Jan 22 | Jan 21 | Jan 20 |
|---|---|---|---|---|---|
| UNITED STATES | $809.04M | $640.60M | $454.25M | $314.18M | $214.49M |
| Americas Excluding U.S. | $36.70M | $30.79M | $23.66M | $18.55M | $14.18M |
| Asia Pacific | $35.19M | $29.95M | $21.33M | $15.32M | $12.97M |
| EMEA | $77.42M | $65.57M | $51.60M | $37.46M | $29.25M |
Smartsheet's latest annual revenue breakdown by geography, as of Jan 24: UNITED STATES (84.42%), EMEA (8.08%), Americas Excluding U.S. (3.83%), and Asia Pacific (3.67%).
Quarterly Revenue by Country
| Country | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asia Pacific | $9.00M | $9.32M | $9.00M | $8.67M | $8.21M | $8.37M | $8.01M | $7.03M | $6.53M | $6.13M | $5.55M | $5.19M | $4.45M | $4.26M | $4.03M | $3.62M | $3.42M | $3.42M | $3.31M | $3.41M |
| UNITED STATES | $222.83M | $217.05M | $207.16M | $199.22M | $185.59M | $178.09M | $166.91M | $155.91M | $139.69M | $130.32M | $119.37M | $108.15M | $96.40M | $90.13M | $80.83M | $74.24M | $68.99M | $62.81M | $56.64M | $50.88M |
| EMEA | $21.21M | $20.79M | $20.15M | $18.76M | $17.72M | $17.43M | $16.68M | $16.18M | $15.29M | $14.54M | $13.44M | $12.56M | $11.06M | $10.56M | $9.38M | $8.82M | $8.71M | $7.78M | $7.90M | $7.32M |
| Americas Excluding U.S. | $9.95M | $9.79M | $9.61M | $8.94M | $8.36M | $8.45M | $7.98M | $7.57M | $6.80M | $6.39M | $6.27M | $5.84M | $5.16M | $4.93M | $4.70M | $4.54M | $4.38M | $4.51M | $3.67M | $3.03M |
| Subscription and Circulation | - | - | - | - | - | $198.86M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Professional Services | - | - | - | - | - | $13.48M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Smartsheet's latest quarterly revenue breakdown by geography, as of Apr 24: UNITED STATES (84.73%), EMEA (8.06%), Americas Excluding U.S. (3.78%), and Asia Pacific (3.42%).
Smartsheet Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| KC | Kingsoft Cloud | $7.05B | $1.78B |
| TEAM | Atlassian | $4.36B | $1.19B |
| CDNS | Cadence Design Systems | $4.09B | $1.06B |
| HUBS | HubSpot | $2.17B | $617.41M |
| DDOG | Datadog | $2.13B | $645.28M |
| DT | Dynatrace | $1.43B | $380.85M |
| BILL | Bill.com | $1.29B | $323.03M |
| ESTC | Elastic | $1.27B | $347.42M |
| AYX | Alteryx | $970.00M | $351.00M |
| SMAR | Smartsheet | $958.34M | $262.98M |
| CXM | Sprinklr | $732.36M | $197.21M |
| MNDY | monday | $729.70M | $216.91M |
| ASAN | Asana | $652.50M | $179.21M |
| GTLB | GitLab | $579.91M | $182.58M |
| PD | PagerDuty | $430.70M | $115.94M |
| SPT | Sprout Social | $333.64M | $99.40M |
| AMPL | Amplitude | $276.28M | $73.30M |
SMAR Revenue FAQ
What is Smartsheet’s yearly revenue?
Smartsheet's yearly revenue for 2024 was $958.34M, representing an increase of 24.96% compared to 2023. The company's yearly revenue for 2023 was $766.92M, representing an increase of 39.23% compared to 2022. SMAR's yearly revenue for 2022 was $550.83M, representing an increase of 42.88% compared to 2021.
What is Smartsheet’s quarterly revenue?
Smartsheet's quarterly revenue for Q1 2025 was $262.98M, a 2.35% increase from the previous quarter (Q4 2024), and a 19.60% increase year-over-year (Q1 2024). The company's quarterly revenue for Q4 2024 was $256.95M, a 4.49% increase from the previous quarter (Q3 2024), and a 21.01% increase year-over-year (Q4 2023). SMAR's quarterly revenue for Q3 2024 was $245.92M, a 4.39% increase from the previous quarter (Q2 2024), and a 23.22% increase year-over-year (Q3 2023).
What is Smartsheet’s revenue growth rate?
Smartsheet's revenue growth rate for the last 3 years (2022-2024) was 73.98%, and for the last 5 years (2020-2024) was 253.78%.
What are Smartsheet’s revenue streams?
Smartsheet's revenue streams in n 24 are Professional Services, and Subscription and Circulation. Professional Services generated $54.31M in revenue, accounting 5.67% of the company's total revenue, up 2.12% year-over-year. Subscription and Circulation generated $904.03M in revenue, accounting 94.33% of the company's total revenue, up 26.66% year-over-year.
What is Smartsheet’s main source of revenue?
For the fiscal year ending Jan 24, the largest source of revenue of Smartsheet was Subscription and Circulation. This segment made a revenue of $904.03M, representing 94.33% of the company's total revenue.