Smartsheet
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Smartsheet's past years’ income statements indicate that its last revenue has increased compared to the previous period by 25% to $958,338,000. The net income raised on -$104,631,000 and profit margin reached -11%. Total operating expenses were $892,172,000.
Profit Margin
| 2016 | 40.75M | -14.34M | -35.21% |
|---|---|---|---|
| 2017 | 66.96M | -15.18M | -22.67% |
| 2018 | 111.25M | -49.10M | -44.14% |
| 2019 | 177.72M | -53.88M | -30.32% |
| 2020 | 270.88M | -95.94M | -35.42% |
| 2021 | 385.51M | -114.97M | -29.82% |
| 2022 | 550.83M | -171.09M | -31.06% |
| 2023 | 766.91M | -215.63M | -28.12% |
| 2024 | 958.33M | -104.63M | -10.92% |
SMAR Income Statement (2016 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||
Revenue | 958.33M | 766.91M | 550.83M | 385.51M | 270.88M | 177.72M | 111.25M | 66.96M | 40.75M |
Cost of revenue | 186.44M | 165.28M | 116.47M | 85.53M | 52.9M | 33.84M | 21.68M | 14.13M | 8.59M |
Gross profit | 771.89M | 601.63M | 434.35M | 299.97M | 217.98M | 143.87M | 89.57M | 52.83M | 32.15M |
Operating exp. | |||||||||
Research and development | 234.07M | 215.20M | 165.44M | 118.72M | 95.46M | 58.84M | 37.59M | 19.64M | 12.9M |
Selling and marketing | 510.57M | 479.25M | 329.75M | 230.28M | 176.06M | 106.06M | 72.92M | 40.07M | 28.44M |
Total operating expenses | 892.17M | 823.26M | 604.39M | 420.44M | 321.75M | 198.95M | 138.54M | 67.98M | 46.50M |
Operating income | -120.28M | -221.63M | -170.03M | -120.47M | -103.77M | -55.08M | -48.97M | -15.15M | -14.34M |
Other income (expenses), net | 24.14M | 8.84M | -765K | 1.74M | 7.94M | 1.49M | -435K | -29K | 0 |
Income before tax | -96.14M | -212.79M | -170.80M | -118.73M | -95.82M | -53.59M | -49.41M | -15.18M | -14.34M |
Income tax expense | 8.48M | 2.84M | 296K | -3.75M | 114K | 293K | -307K | 0 | 0 |
Net income | -104.63M | -215.63M | -171.09M | -114.97M | -95.94M | -53.88M | -49.10M | -15.18M | -14.34M |
Earnings per share | |||||||||
Basic EPS | -0.78 | -1.66 | -1.36 | -0.95 | -0.85 | -0.65 | -2.69 | -0.83 | -0.17 |
Diluted EPS | -0.78 | -1.66 | -1.36 | -0.95 | -0.85 | -0.65 | -2.69 | -0.83 | -0.17 |
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