Schwann cells promote nerve regeneration by adaptation of a regenerative phenotype referred to as repair mediating Schwann cell. Down‐regulation of myelin proteins, myelin clearance, formation of Bungner's bands, and secretion of trophic factors characterize this cell type. We have previously shown that the sphingosine‐1‐phosphate receptor agonist Fingolimod/FTY720P promotes the generation of this particular Schwann cell phenotype by activation of dedifferentiation markers and concomitant release of trophic factors resulting in enhanced neurite growth of dorsal root ganglion neurons. Despite its biomedical relevance, a detailed characterization of the corresponding Schwann cell secretóme is lacking, and the impact of FTY720P on enhancing neurite growth is not defined. Here, we applied a label‐free quantitative mass spectrometry approach to characterize the secretomes derived from primary neonatal and adult rat Schwann cells in response to FTY720P. We identified a large proportion of secreted proteins with a high overlap between the neonatal and adult Schwann cells, which can be associated with biologic processes such as development, axon growth, and regeneration. Moreover, FTY720P‐treated Schwann cells release proteins downstream of Smad signaling known to support neurite growth. Our results therefore uncover a network of trophic factors involved in glial‐mediated repair of the peripheral nervous system.—Schira, J., Heinen, A., Poschmann, G., Ziegler, B., Hartung, H.‐P., Stühler, K., Küry, P. Secretome analysis of nerve repair mediating Schwann cells reveals Smad‐dependent trophism. FASEB J. 33, 4703–4715 (2019). http://www.fasebj.org