Smartsheet (SMAR) has a profit margin of -0.8%, below the Technology sector average of 37.3%.
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+ FollowAs of Oct 2024
Trailing 12 months ending Oct 2024
Smartsheet (SMAR) currently reports a profit margin of -0.8% as of October 2024. That compares with -15.15% in the prior-year period — up 94.7% year over year. That is below the Technology sector average of 37.3%. Use the charts on this page to explore Smartsheet's profit margin history and peer comparisons.
Smartsheet's profit margin increased from -15.15% to -0.8% — a 94.7% year-over-year increase (period ending October 2024). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.
Smartsheet's profit margin of -0.8% is lower than the Technology sector average of 37.3%. That is roughly 102.1% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
There is no universal 'good' profit margin, but Smartsheet's current -0.8% should be judged against Technology norms (sector average: 37.3%) and against SMAR's own history. Strong, stable readings often indicate durable competitive advantage; volatile or declining ones deserve a closer look at margins and capital efficiency.
Start with the current profit margin of -0.8%, then check the historical chart for trend and the peer comparison chart for relative positioning. The Technology average is 37.3%. From there, open related valuation or income-statement pages for Smartsheet, and consider following SMAR for alerts when major investors trade the stock.