)
Investor Relations14 Oct 2025
Boost Your Earnings Season Strategy With Real‑Time Alerts
Quartr Pro provides real time alerts, trend analysis and live coverage, giving analysts and investors instant insights to act faster in earnings.
Smartsheet (SMAR) investor relations material
Smartsheet Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary5 Dec, 2024
Executive summary
Revenue for Q3 FY2025 was $286.9M, up 17% year-over-year, driven by 18% growth in subscription revenue; net income reached $1.3M, a turnaround from a $32.4M net loss in Q3 FY2024.
Entered into a definitive agreement to be acquired by Blackstone, Vista, and ADIA affiliates in an all-cash transaction valued at $8.4B, or $56.50 per share; the merger is expected to close in Q4 FY2025.
Annualized recurring revenue (ARR) grew to $1.133B, up from $981M a year ago; average ARR per domain-based customer increased to $10,708.
Non-GAAP net income reached $61.0M, up from $22.6M year over year.
No earnings call or financial guidance provided due to the pending acquisition.
Financial highlights
Subscription revenue for Q3 FY2025 was $273.7M, up 18% year-over-year; professional services revenue was $13.2M, down 2%.
Gross profit for Q3 FY2025 was $233.1M, with a gross margin of 81%; subscription gross margin remained strong at 85%.
Operating loss narrowed to $3.4M from $35.5M year-over-year; net income for the nine months ended October 31, 2024, was $0.3M, compared to a $95.7M net loss in the prior year period.
Cash and cash equivalents totaled $454.3M, and short-term investments were $306.6M as of October 31, 2024; total liquidity was $760.9M.
Net cash provided by operating activities for the nine months ended October 31, 2024, was $172.8M, up from $98.2M year-over-year; free cash flow margin was 22%, up from 5% in the prior year quarter.
Outlook and guidance
The merger is expected to close in Q4 FY2025, after which Smartsheet will become a wholly owned subsidiary and its stock will be delisted.
Management expects continued investment in product development, sales, and marketing, with operating expenses to increase in absolute dollars but decrease as a percentage of revenue over the long term.
Macroeconomic factors such as inflation, interest rates, and geopolitical conflicts may impact future results.
No forward-looking guidance provided due to the announced transaction.
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
Related articles
)
Edge3 Oct 2025
Epiroc: A Culture of Moving Mountains
From automation to electrification, Swedish industrial giant Epiroc is leading a transformation in how the world mines.
)
Company Research22 Sep 2025
Moody's: Shaping Global Credit
Explore Moody's evolution from publishing manuals to becoming a giant in credit ratings, guiding issuers, investors, and regulators worldwide.
Frequently asked questions
Smartsheet Inc. is a leading cloud-based platform for work execution, empowers organizations to plan, capture, manage, automate, and report on work at scale, resulting in more efficient processes and better business outcomes. It offers cloud-based software for planning, tracking and managing projects; a mobile application; and services to manage or accelerate business processes.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage