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I have two different Google spreadsheets (these are separate files). I would like to calculate the sum of two cells (say A1) in the first and second spreadsheet/file and have it show up in a third/new spreadsheet/file. Is this possible and how might one go about doing this? Thank you.

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you can use the IMPORTRANGE formula, which is ("URL of other sheet","range of cells you want to import").

Make sure both parts of the formula have " around them, so that the formula in the 3rd sheet would be something like:

=IMPORTRANGE("Sheet1Key","Sheet1!A1")+IMPORTRANGE("Sheet2Key","Sheet1!A1")