cust.co / Compare / Asana vs Smartsheet

Asana vs Smartsheet - NRR head-to-head

Side-by-side Net Revenue Retention comparison sourced from SEC filings and earnings releases. Both compete in Collaboration Software. Both at Public stage.

Smartsheet leads by +15pp on latest NRR (111% vs 96%).

NRR over time

91%100%109%118%127% FY2025-Q3FY-2025FY2025-Q1FY2026-Q3FY-2026FY2024-Q1FY2024-Q3FY2025-Q2 NRR Asana Smartsheet Asana - FY2025-Q3: 96% Asana - FY2025-Q4: 96% Asana - FY-2025: 96% Asana - FY2026-Q1: 95% Asana - FY2025-Q1: 95% Asana - FY2026-Q2: 96% Asana - FY2026-Q3: 96% Asana - FY2026-Q4: 96% Asana - FY-2026: 96% Asana - FY2027-Q1: 96% Smartsheet - FY2025-Q3: 111% Smartsheet - FY2025-Q1: 114% Smartsheet - FY2024-Q1: 123% Smartsheet - FY2024-Q2: 121% Smartsheet - FY2024-Q3: 118% Smartsheet - FY2025-Q2: 113%

Smartsheet hit a higher all-time peak (123% in FY2024-Q1).

Stat-by-stat

Metric Asana Smartsheet
Latest NRR 96% 111%
All-time peak NRR 96% 123%
All-time low NRR 95% 111%
QoQ change +0pp -2pp
YoY change +0pp -10pp
3-year change - -
Disclosures tracked 10 6

Customer cohorts

MetricAsanaSmartsheet
Total customers 26,103 -
Over $100K ARR 817 2,137
Over $1M ARR - -
Top-10 concentration - -
Average ACV - $10,708
US revenue mix 59.2% 85%

Commercial structure

MetricAsanaSmartsheet
Total RPO $518M $792M
Current RPO (12mo) $409M $649M
Multi-year contracts - -
Avg contract length - -
Subscription rev mix 100% 95%
New customers added - -

Post-sales motion

MetricAsanaSmartsheet
CS team size - -
Customers per CSM - -
Pricing model hybrid subscription
Renewal cadence multi-year annual
CSM coverage model hybrid -
Top customer exec Not Disclosed -

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