SMAR — Stock Film
STOCK FILMSCENE 1/12SMAR · $56.47
Stock Expert AI presents
SMAR
Smartsheet Inc
~5 min film100% real numbersplain English
WHAT DOES THIS COMPANY DO?
Smartsheet Inc. What it actually does.

Provides a cloud-based platform for planning, capturing, managing, automating, and reporting on work. Offers Dashboards for real-time visibility into project status. Now — the numbers.

on the stock market since 2018
3,317 employees
$7.9B market value
WHERE DOES THE MONEY COME FROM?
94%Subscription and Circulation
Subscription and CirculationProfessional Services 6%
94% of all revenue comes from a single line: Subscription and Circulation.

That much dependence is a risk in itself: if this one line weakens, the whole company feels it directly.

Revenue last year:
$958.3M
The loss that same year:
$104.6M
For every $1 it earns, the company spends $1.1.

The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.

THE SALES TREND
Sales are growing, year after year.

Average growth of 37% a year over the last 4 years. Red columns mark years that ended in a loss.

$270.9M
2020
2021
2022
2023
$958.3M
2024
In the vault right now:
$628.8M
DEBT: $49.8M
At this pace, that money lasts about 6 years.

At this burn rate the cash pile isn’t the pressing question — for now, time is on the company’s side.

THE PRICE TAG
MARKET VALUE / ANNUAL SALES
8.2×

This company is not turning a profit, so the market is pricing its sales instead: 8.2× for every dollar of annual revenue.

Analysts' average target sits 0% above today's price.

THE COUNCIL REVIEW
9

angles, checked one by one.

The 4 that stand out are on screen; the rest came back neutral.

The council scores out of 10; report-card grades are out of 100.

STRENGTHS
Fat profit per sale, but shrinking10/10
A strong cash pile8/10
Heavy investment in the future10/10
WEAK SPOTS
The stock has lost its spark0/10
THE FIVE-YEAR JOURNEY
Below the peak, but no collapse.

The stock trades 33% below its peak. The market has trimmed its expectations for the company.

1
THE BRIGHT SIDE · 1/3
Sales keep climbing

Over the last 4 years, sales grew about 37% a year on average.

2
THE BRIGHT SIDE · 2/3
Sales are holding up

The company sells $958.3M a year; the problem isn’t sales — it’s costs running above that number.

3
THE BRIGHT SIDE · 3/3
Strong cash, light debt

There is $628.8M in the vault; even if every debt were paid off, $579.0M would remain.

1
THE RISKS · 1/2
The losses continue

A loss of $104.6M against $958.3M in annual sales.

2
THE RISKS · 2/2
The stock has lost its spark

Since the drop from its peak, buyer appetite hasn’t come back. Council score: 0/10.

FINALE · THE GRADE
grade pending

We don’t have a report card for this stock yet — the data isn’t mature enough to grade. No grade is information too: it means the evidence is thin.

One-line summary: few numbers, an untested story. Keep watching.

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This was a film — not investment advice.
Data: FMP & company filings
Sep 11, 2026 · stockexpertai.com · Stock Film