Smartsheet SMAR
Application Software B2B SaaS Enterprise Software PLG

Smartsheet trades at 5.7x EV/NTM revenue on a $7.14B enterprise value. Revenue grew 16.7% year over year to $286.9M in the quarter ending October 2024, an annual run rate of $1.15B. Smartsheet reports net dollar retention of 111%, a 81.3% gross margin, and 46.7-month CAC payback.

ARR ($M)
1094
Net Dollar Retention
111%
ARR Growth
17.8%
EV / NTM Revenue
5.7x
Payback Period
46.7
EV / Run Rate
6.2x
Price & Key Metrics
Price Performance
Company Details
Share Price: 56.47
Last Filing Date: 2024-10-31
Fiscal Year End: 01-31
Last Filing: Form
Founding Year: 2005
IPO Year: 2018
Description
Smartsheet is a software as a service (SaaS) application for collaboration and work management. It is used to assign tasks, track project progress, manage calendars, share documents, and manage other work. It has a spreadsheet-like user interface.
Categories
Application Software B2B SaaS Enterprise Software PLG
Valuation
Market Cap: 7,905.9
Enterprise Value: 7,144.979
EV / Revenue Run Rate: 6.2x
EV / NTM Revenue: 5.7x
EV / 2026 Revenue Estimates: 4.9x
EV / 2027 Revenue Estimates: --
EV / 2028 Revenue Estimates: --
Key Business Metrics
Net Dollar Retention: 111%
Customers: --
ARR: 1,094
ARR Growth %: 18%
ARR/Customer ($K): --
ARR/Employee ($K): 331
Revenue
Revenue Run Rate: 1,147
ARR: 1,094
2026 Revenue Estimates: 1,449
2027 Revenue Estimates: --
2028 Revenue Estimates: --
LTM Revenue: 1,083
Last Year Run Rate: 983
Growth
Revenue Growth: 17%
ARR Growth: 18%
Growth Persistence: 72%
2026 Revenue Growth Estimates: 14%
2027 Revenue Growth Estimates: --
2028 Revenue Growth Estimates: --
Financials
Quarterly
Calendar Year
Frequently Asked Questions

How fast is Smartsheet growing?

Smartsheet grew revenue 16.7% year over year, reaching $286.9M in the quarter ending October 2024.

What multiple does Smartsheet trade at?

Smartsheet trades at 5.7x EV/NTM revenue and 6.2x EV/run-rate, on an enterprise value of $7.14B.

Is Smartsheet profitable?

For Smartsheet, operating income was -$3.4M last quarter and LTM free cash flow margin is 20.3%.

What is Smartsheet's net dollar retention?

Smartsheet reports net dollar retention of 111%, measuring revenue expansion within its existing customer base.

How long does it take Smartsheet to pay back CAC?

Smartsheet recovers customer acquisition cost in about 46.7 months.

What sector is Smartsheet in?

Public Comps classifies Smartsheet under Application Software, B2B SaaS, Enterprise Software, and PLG.

Where does Public Comps get Smartsheet's data?

Figures come from Smartsheet's own SEC filings, normalised into a consistent quarterly format and refreshed after each earnings release.