Smartsheet Historical Income Statement

SMAR Stock

USD 55.87 0.07 0.13%

Historical analysis of Smartsheet income statement accounts such as Total Revenue of 1 B, Gross Profit of 810.5 M, Other Operating Expenses of 1.1 B or Research Development of 117.1 M can show how well Smartsheet performed in making a profits. Evaluating Smartsheet income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Smartsheet's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Smartsheet latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Smartsheet is a good buy for the upcoming year.

Net Income Gross Profit

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smartsheet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

To learn how to invest in Smartsheet Stock, please use our How to Invest in Smartsheet guide.

About Smartsheet Income Statement Analysis

Smartsheet Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Smartsheet shareholders. The income statement also shows Smartsheet investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Smartsheet Income Statement Chart

At this time, Smartsheet's Total Operating Expenses is relatively stable compared to the past year. As of 11/22/2024, Total Other Income Expense Net is likely to grow to about 25.3 M, while Operating Income is likely to drop (126.3 M).

Selling General Administrative Selling And Marketing Expenses Total Revenue Gross Profit

Total Revenue

Total revenue comprises all receipts Smartsheet generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Smartsheet minus its cost of goods sold. It is profit before Smartsheet operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most accounts from Smartsheet's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Smartsheet current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smartsheet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

To learn how to invest in Smartsheet Stock, please use our How to Invest in Smartsheet guide.At this time, Smartsheet's Total Operating Expenses is relatively stable compared to the past year. As of 11/22/2024, Total Other Income Expense Net is likely to grow to about 25.3 M, while Operating Income is likely to drop (126.3 M).

	2021	2022	2023	2024 (projected)
Gross Profit	434.4M	601.6M	771.9M	810.5M
Total Revenue	550.8M	766.9M	958.3M	1.0B

Gross Profit Total Revenue

Smartsheet income statement Correlations

	Depreciation And Amortization	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Net Income From Continuing Ops	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Net Income	Net Interest Income	Interest Income	Reconciled Depreciation	Non Operating Income Net Other
Depreciation And Amortization		0.87	0.86	0.81	0.8	0.86	-0.98	-0.98	-0.98	0.94	-0.98	0.85	0.86	-0.98	-0.98	0.44	0.44	0.95	0.6
Selling General Administrative	0.87		1.0	0.99	0.99	1.0	-0.88	-0.85	-0.89	0.92	-0.88	0.99	1.0	-0.83	-0.85	0.81	0.81	0.95	0.82
Selling And Marketing Expenses	0.86	1.0		1.0	0.99	1.0	-0.87	-0.84	-0.88	0.92	-0.88	1.0	1.0	-0.81	-0.84	0.83	0.83	0.94	0.86
Total Revenue	0.81	0.99	1.0		1.0	1.0	-0.83	-0.79	-0.84	0.9	-0.83	1.0	0.99	-0.76	-0.79	0.87	0.87	0.92	0.87
Gross Profit	0.8	0.99	0.99	1.0		0.99	-0.82	-0.78	-0.83	0.89	-0.82	1.0	0.99	-0.75	-0.78	0.87	0.87	0.92	0.87
Other Operating Expenses	0.86	1.0	1.0	1.0	0.99		-0.88	-0.84	-0.89	0.92	-0.88	1.0	1.0	-0.82	-0.84	0.82	0.82	0.95	0.85
Operating Income	-0.98	-0.88	-0.87	-0.83	-0.82	-0.88		1.0	1.0	-0.92	1.0	-0.86	-0.88	0.99	1.0	-0.49	-0.48	-0.93	-0.61
Net Income From Continuing Ops	-0.98	-0.85	-0.84	-0.79	-0.78	-0.84	1.0		1.0	-0.9	1.0	-0.82	-0.85	1.0	1.0	-0.42	-0.42	-0.91	-0.56
Ebit	-0.98	-0.89	-0.88	-0.84	-0.83	-0.89	1.0	1.0		-0.93	1.0	-0.87	-0.89	0.99	1.0	-0.5	-0.49	-0.94	-0.63
Research Development	0.94	0.92	0.92	0.9	0.89	0.92	-0.92	-0.9	-0.93		-0.92	0.91	0.92	-0.89	-0.9	0.65	0.64	0.99	0.72
Ebitda	-0.98	-0.88	-0.88	-0.83	-0.82	-0.88	1.0	1.0	1.0	-0.92		-0.86	-0.88	0.99	1.0	-0.49	-0.49	-0.93	-0.62
Cost Of Revenue	0.85	0.99	1.0	1.0	1.0	1.0	-0.86	-0.82	-0.87	0.91	-0.86		1.0	-0.8	-0.82	0.84	0.83	0.94	0.87
Total Operating Expenses	0.86	1.0	1.0	0.99	0.99	1.0	-0.88	-0.85	-0.89	0.92	-0.88	1.0		-0.82	-0.85	0.82	0.82	0.95	0.84
Income Before Tax	-0.98	-0.83	-0.81	-0.76	-0.75	-0.82	0.99	1.0	0.99	-0.89	0.99	-0.8	-0.82		1.0	-0.38	-0.38	-0.89	-0.53
Net Income	-0.98	-0.85	-0.84	-0.79	-0.78	-0.84	1.0	1.0	1.0	-0.9	1.0	-0.82	-0.85	1.0		-0.42	-0.42	-0.91	-0.56
Net Interest Income	0.44	0.81	0.83	0.87	0.87	0.82	-0.49	-0.42	-0.5	0.65	-0.49	0.84	0.82	-0.38	-0.42		1.0	0.67	0.86
Interest Income	0.44	0.81	0.83	0.87	0.87	0.82	-0.48	-0.42	-0.49	0.64	-0.49	0.83	0.82	-0.38	-0.42	1.0		0.67	0.86
Reconciled Depreciation	0.95	0.95	0.94	0.92	0.92	0.95	-0.93	-0.91	-0.94	0.99	-0.93	0.94	0.95	-0.89	-0.91	0.67	0.67		0.73
Non Operating Income Net Other	0.6	0.82	0.86	0.87	0.87	0.85	-0.61	-0.56	-0.63	0.72	-0.62	0.87	0.84	-0.53	-0.56	0.86	0.86	0.73

Click cells to compare fundamentals

Smartsheet Account Relationship Matchups

Smartsheet income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	13.4M	29.2M	36.7M	42.9M	27.0M	19.9M
Interest Expense	7.9M	1.7M	48K	8.8M	10.2M	10.7M
Selling General Administrative	50.2M	71.4M	109.2M	128.8M	147.5M	154.9M
Selling And Marketing Expenses	176.1M	230.3M	329.8M	479.3M	510.6M	536.1M
Total Revenue	270.9M	385.5M	550.8M	766.9M	958.3M	1.0B
Gross Profit	218.0M	300.0M	434.4M	601.6M	771.9M	810.5M
Other Operating Expenses	374.7M	506.0M	720.9M	988.6M	1.1B	1.1B
Operating Income	(103.8M)	(120.5M)	(170.0M)	(221.6M)	(120.3M)	(126.3M)
Net Income From Continuing Ops	(95.9M)	(115.0M)	(171.1M)	(215.6M)	(104.6M)	(109.9M)
Ebit	(103.8M)	(132.4M)	(184.9M)	(239.7M)	(132.8M)	(139.5M)
Research Development	95.5M	118.7M	165.4M	215.2M	234.1M	117.1M
Ebitda	(90.3M)	(103.2M)	(148.3M)	(196.8M)	(105.8M)	(111.1M)
Cost Of Revenue	52.9M	85.5M	116.5M	165.3M	186.4M	195.8M
Total Operating Expenses	321.8M	420.4M	604.4M	823.3M	892.2M	936.8M
Income Before Tax	(95.8M)	(118.7M)	(170.8M)	(212.8M)	(96.1M)	(100.9M)
Total Other Income Expense Net	7.9M	1.7M	(765K)	8.8M	24.1M	25.3M
Net Income Applicable To Common Shares	(95.9M)	(115.0M)	(171.1M)	(215.6M)	(194.1M)	(184.4M)
Net Income	(95.9M)	(115.0M)	(171.1M)	(215.6M)	(104.6M)	(109.9M)
Income Tax Expense	114K	(3.8M)	296K	2.8M	8.5M	8.9M
Tax Provision	114K	(3.8M)	296K	2.8M	8.5M	8.9M
Net Interest Income	8.4M	1.4M	48K	7.7M	25.6M	26.9M
Interest Income	8.4M	1.4M	48K	7.7M	25.6M	26.9M
Reconciled Depreciation	13.4M	17.3M	21.8M	24.9M	27.0M	18.2M

Pair Trading with Smartsheet

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Smartsheet position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Smartsheet will appreciate offsetting losses from the drop in the long position's value.

Moving together with Smartsheet Stock

0.75	U	Unity Software Aggressive Push	Pair Corr
0.8	BL	Blackline	Pair Corr
0.86	DT	Dynatrace Holdings LLC	Pair Corr

Moving against Smartsheet Stock

0.75	VERB	VERB TECHNOLOGY PANY	Pair Corr
0.74	EGAN	eGain	Pair Corr
0.69	VCSA	Vacasa Inc	Pair Corr
0.63	DMAN	Innovativ Media Group	Pair Corr
0.34	DV	DoubleVerify Holdings	Pair Corr

The ability to find closely correlated positions to Smartsheet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Smartsheet when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Smartsheet - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Smartsheet to buy it.

The correlation of Smartsheet is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Smartsheet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Smartsheet moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Smartsheet can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Smartsheet Stock Analysis

When running Smartsheet's price analysis, check to measure Smartsheet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Smartsheet is operating at the current time. Most of Smartsheet's value examination focuses on studying past and present price action to predict the probability of Smartsheet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smartsheet's price. Additionally, you may evaluate how the addition of Smartsheet to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Smartsheet Historical Income Statement

About Smartsheet Income Statement Analysis

Smartsheet Income Statement Chart

Total Revenue

Gross Profit

Smartsheet income statement Correlations

Smartsheet Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Smartsheet income statement Accounts

Pair Trading with Smartsheet

Moving together with Smartsheet Stock

Moving against Smartsheet Stock

Additional Tools for Smartsheet Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Selling And Marketing Expenses	+ 1.0	Selling General Administrative
Other Operating Expenses	+ 1.0	Selling General Administrative
Total Operating Expenses	+ 1.0	Selling General Administrative
Total Revenue	+ 1.0	Selling And Marketing Expenses
Other Operating Expenses	+ 1.0	Selling And Marketing Expenses
Cost Of Revenue	+ 1.0	Selling And Marketing Expenses

Net Income	- 0.98	Depreciation And Amortization
Income Before Tax	- 0.98	Depreciation And Amortization
Ebitda	- 0.98	Depreciation And Amortization
Ebit	- 0.98	Depreciation And Amortization
Net Income From Continuing Ops	- 0.98	Depreciation And Amortization
Operating Income	- 0.98	Depreciation And Amortization