Smartsheet (SMAR) Revenue & Revenue Breakdown

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Smartsheet Revenue Highlights

Latest Revenue (Y)

$958.34M

Latest Revenue (Q)

$276.41M

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
2024-07-31	$276.41M	5.11%
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 $276.41M in revenue during Q2 2025, up 5.11% compared to the previous quarter, and up 125.71% 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	Jul 24	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
Professional Services	$12.88M	$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
Subscription and Circulation	$757.30M	$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

Smartsheet's latest quarterly revenue breakdown by segment (product or service), as of Jul 24: Subscription and Circulation (98.33%), and Professional Services (1.67%).

Smartsheet Revenue Breakdown by Country

Annual Revenue by Country

Country	Jan 24	Jan 23	Jan 22	Jan 21	Jan 20
Asia Pacific	$35.19M	$29.95M	$21.33M	$15.32M	$12.97M
EMEA	$77.42M	$65.57M	$51.60M	$37.46M	$29.25M
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

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	Jul 24	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
EMEA	$22.10M	$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
Americas Excluding U.S.	$10.44M	$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
UNITED STATES	$234.35M	$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
Asia Pacific	$9.53M	$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
Subscription and Circulation	-	-	-	-	-	-	$198.86M	-	-	-	-	-	-	-	-	-	-	-	-	-
Professional Services	-	-	-	-	-	-	$13.48M	-	-	-	-	-	-	-	-	-	-	-	-	-

Smartsheet's latest quarterly revenue breakdown by geography, as of Jul 24: UNITED STATES (84.78%), EMEA (7.99%), Americas Excluding U.S. (3.78%), and Asia Pacific (3.45%).

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	$1.22B
HUBS	HubSpot	$2.17B	$669.72M
DDOG	Datadog	$2.13B	$690.02M
DT	Dynatrace	$1.43B	$399.22M
BILL	Bill.com	$1.29B	$358.45M
ESTC	Elastic	$1.27B	$347.42M
AYX	Alteryx	$970.00M	$351.00M
SMAR	Smartsheet	$958.34M	$276.41M
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	$102.64M
AMPL	Amplitude	$276.28M	$75.22M

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 Q2 2025 was $276.41M, a 5.11% increase from the previous quarter (Q1 2025), and a 17.33% increase year-over-year (Q2 2024). The company'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). SMAR'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).

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.