Smartsheet Inc. (SMAR)

Smartsheet Income Statement

Financials in millions USD. Fiscal year is February - January.

Year	2023	2022	2021	2020	2019
Revenue	958.34	766.92	550.83	385.51	270.88
Revenue Growth (YoY)	24.96%	39.23%	42.88%	42.32%	52.42%
Cost of Revenue	186.45	165.29	116.47	85.54	52.9
Gross Profit	771.89	601.63	434.36	299.97	217.98
Selling, General & Admin	658.1	608.06	438.96	301.72	226.29
Research & Development	234.07	215.21	165.44	118.72	95.47
Operating Expenses	892.17	823.27	604.4	420.45	321.76
Operating Income	-120.28	-221.64	-170.04	-120.47	-103.77
Other Expense / Income	-24.14	-8.85	0.77	-1.74	-7.95
Pretax Income	-96.14	-212.79	-170.8	-118.73	-95.83
Income Tax	8.49	2.85	0.3	-3.75	0.11
Net Income	-104.63	-215.64	-171.1	-114.98	-95.94
Shares Outstanding (Basic)	135	130	126	121	113
Shares Outstanding (Diluted)	135	130	126	121	113
Shares Change	3.41%	3.53%	4.12%	6.79%	35.90%
EPS (Basic)	-0.78	-1.66	-1.36	-0.95	-0.85
EPS (Diluted)	-0.78	-1.66	-1.36	-0.95	-0.85
Free Cash Flow	144.58	10.01	-20.78	-26.18	-22.72
Free Cash Flow Per Share	1.07	0.08	-0.17	-0.22	-0.20
Gross Margin	80.54%	78.45%	78.86%	77.81%	80.47%
Operating Margin	-12.55%	-28.90%	-30.87%	-31.25%	-38.31%
Profit Margin	-10.92%	-28.12%	-31.06%	-29.82%	-35.42%
Free Cash Flow Margin	15.09%	1.30%	-3.77%	-6.79%	-8.39%
EBITDA	-57.12	-169.02	-134.13	-89.55	-74.41
EBITDA Margin	-5.96%	-22.04%	-24.35%	-23.23%	-27.47%
Depreciation & Amortization	39.02	43.77	36.67	29.18	21.42
EBIT	-96.14	-212.79	-170.8	-118.73	-95.83
EBIT Margin	-10.03%	-27.75%	-31.01%	-30.80%	-35.38%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).