Smartsheet Income Statement

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	10,199	10,339	10,460	11,720	9,814	8,580
Revenue Growth (YoY)	-0.99%	-1.16%	-10.75%	19.42%	14.38%	-16.20%
Cost of Revenue	8,836	8,785	9,293	9,441	8,079	7,356
Gross Profit	1,363	1,554	1,167	2,279	1,735	1,224
Selling, General & Admin	21	21	23	29	25	15
Other Operating Expenses	-103	-108	-255	-241	-112	-121
Operating Expenses	460	503	194	230	377	365
Operating Income	903	1,051	973	2,049	1,358	859
Interest Expense	-115	-111	-87	-63	-47	-47
Interest & Investment Income	33	33	37	35	32	26
Earnings From Equity Investments	2	1	-1	4	2	3
Currency Exchange Gain (Loss)	-13	-16	-109	-22	-8	-28
Other Non Operating Income (Expenses)	-19	-18	-19	-27	4	-6
EBT Excluding Unusual Items	791	940	794	1,976	1,341	807
Merger & Restructuring Charges	-26	-26	-114	-	-49	-70
Gain (Loss) on Sale of Investments	-2	-2	-	-	133	12
Gain (Loss) on Sale of Assets	31	31	8	37	14	13
Asset Writedown	-396	-443	-223	-68	109	-25
Pretax Income	398	500	465	1,945	1,548	737
Income Tax Expense	32	37	71	388	240	169
Earnings From Continuing Operations	366	463	394	1,557	1,308	568
Minority Interest in Earnings	-21	-27	-6	-31	-22	-8
Net Income	345	436	388	1,526	1,286	560
Net Income to Common	345	436	388	1,526	1,286	560
Net Income Growth	-20.14%	12.37%	-74.57%	18.66%	129.64%	-47.22%
Shares Outstanding (Basic)	533	533	533	533	533	533
Shares Outstanding (Diluted)	533	533	533	533	533	533
EPS (Basic)	0.65	0.82	0.73	2.86	2.41	1.05
EPS (Diluted)	0.65	0.82	0.73	2.86	2.41	1.05
EPS Growth	-20.14%	12.37%	-74.56%	18.67%	129.52%	-47.22%
Free Cash Flow	790	756	1,189	-969	-271	130
Free Cash Flow Per Share	1.48	1.42	2.23	-1.82	-0.51	0.24
Dividend Per Share	1.500	1.500	1.500	1.500	1.300	1.300
Dividend Growth	-	-	-	15.38%	-	-
Gross Margin	13.36%	15.03%	11.16%	19.45%	17.68%	14.27%
Operating Margin	8.85%	10.17%	9.30%	17.48%	13.84%	10.01%
Profit Margin	3.38%	4.22%	3.71%	13.02%	13.10%	6.53%
Free Cash Flow Margin	7.75%	7.31%	11.37%	-8.27%	-2.76%	1.52%
EBITDA	1,878	2,074	1,421	2,424	1,729	1,246
EBITDA Margin	18.41%	20.06%	13.58%	20.68%	17.62%	14.52%
D&A For EBITDA	975	1,023	448	375	371	387
EBIT	903	1,051	973	2,049	1,358	859
EBIT Margin	8.85%	10.17%	9.30%	17.48%	13.84%	10.01%
Effective Tax Rate	8.04%	7.40%	15.27%	19.95%	15.50%	22.93%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.