8-K Announcements
6Mar 13, 2026·SEC
Mar 2, 2026·SEC
Mar 2, 2026·SEC
Asana, Inc. (ASAN) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Asana, Inc. (ASAN) stock price & volume — 10-year historical chart
Asana, Inc. (ASAN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Asana, Inc. (ASAN) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 2, 2026 | $0.08vs $0.07+14.3% | $206Mvs $205M+0.2% |
| Q4 2025 | Dec 2, 2025 | $0.07vs $0.06+12.9% | $201Mvs $199M+1.1% |
| Q4 2025 | Sep 3, 2025 | $0.06vs $0.05+20.0% | $197Mvs $199M-1.0% |
| Q3 2025 | Jun 3, 2025 | $0.05vs $0.03+94.3% | $187Mvs $186M+0.6% |
Asana, Inc. (ASAN) competitors in Work management and collaboration tools — business model, growth, and fundamentals comparison
Asana, Inc. (ASAN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Asana, Inc. (ASAN) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Jan'19 | Jan'20 | Jan'21 | Jan'22 | Jan'23 | Jan'24 | Jan'25 | Jan'26 |
|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 76.77M | 142.61M | 227M | 378.44M | 547.21M | 652.5M | 723.88M | 790.81M |
| Revenue Growth % | - | 85.76% | 59.18% | 66.71% | 44.6% | 19.24% | 10.94% | 9.25% |
| Cost of Goods Sold | 13.83M | 19.88M | 28.74M | 38.9M | 56.56M | 64.52M | 77.19M | 86.76M |
| COGS % of Revenue | 18.02% | 13.94% | 12.66% | 10.28% | 10.34% | 9.89% | 10.66% | 10.97% |
| Gross Profit | 62.94M▲ 0% | 122.72M▲ 95.0% | 198.26M▲ 61.6% | 339.54M▲ 71.3% | 490.65M▲ 44.5% | 587.98M▲ 19.8% | 646.68M▲ 10.0% | 704.05M▲ 8.9% |
| Gross Margin % | 81.98% | 86.06% | 87.34% | 89.72% | 89.66% | 90.11% | 89.34% | 89.03% |
| Gross Profit Growth % | - | 94.99% | 61.55% | 71.26% | 44.51% | 19.84% | 9.98% | 8.87% |
| Operating Expenses | 114.95M | 242.36M | 373.83M | 604.72M | 898.48M | 857.98M | 913.42M | 901.38M |
| OpEx % of Revenue | 149.73% | 169.95% | 164.68% | 159.8% | 164.19% | 131.49% | 126.18% | 113.98% |
| Selling, General & Admin | 72.37M | 152.68M | 252.69M | 401.6M | 601.27M | 533.29M | 571.95M | 599.88M |
| SG&A % of Revenue | 94.26% | 107.06% | 111.32% | 106.12% | 109.88% | 81.73% | 79.01% | 75.86% |
| Research & Development | 42.59M | 89.67M | 121.14M | 203.12M | 297.21M | 324.69M | 341.47M | 301.5M |
| R&D % of Revenue | 55.47% | 62.88% | 53.36% | 53.67% | 54.31% | 49.76% | 47.17% | 38.13% |
| Other Operating Expenses | -177K | -390K | -30K | -1.09M | -1.78M | 0 | 0 | 0 |
| Operating Income | -52.01M▲ 0% | -119.63M▼ 130.0% | -175.57M▼ 46.8% | -265.18M▼ 51.0% | -407.83M▼ 53.8% | -270M▲ 33.8% | -266.74M▲ 1.2% | -197.33M▲ 26.0% |
| Operating Margin % | -67.75% | -83.89% | -77.34% | -70.07% | -74.53% | -41.38% | -36.85% | -24.95% |
| Operating Income Growth % | - | -130% | -46.76% | -51.04% | -53.79% | 33.8% | 1.21% | 26.02% |
| EBITDA | -47.78M | -117.4M | -155.69M | -256.72M | -395.16M | -255.65M | -249.19M | -175.29M |
| EBITDA Margin % | -62.24% | -82.32% | -68.59% | -67.84% | -72.21% | -39.18% | -34.42% | -22.17% |
| EBITDA Growth % | - | -145.69% | -32.62% | -64.89% | -53.93% | 35.3% | 2.53% | 29.65% |
| D&A (Non-Cash Add-back) | 4.23M | 2.23M | 19.88M | 8.46M | 12.67M | 14.34M | 17.54M | 22.04M |
| EBIT | -50.9M | -118.27M | -174M | -266.72M | -400.89M | -249.37M | -247.09M | -167.85M |
| Net Interest Income | 1.11M | 1.68M | -35.22M | -17.88M | 5.91M | 17.18M | 16.17M | -16.31M |
| Interest Income | 1.11M | 1.75M | 956K | 506K | 7.91M | 21.13M | 19.85M | 0 |
| Interest Expense | 0 | 78K | 36.18M | 18.39M | 2M | 3.95M | 3.68M | 16.31M |
| Other Income/Expense | 1.11M | 1.29M | -34.61M | -19.92M | 4.93M | 16.67M | 15.96M | 13.16M |
| Pretax Income | -50.9M▲ 0% | -118.34M▼ 132.5% | -210.18M▼ 77.6% | -285.11M▼ 35.6% | -402.89M▼ 41.3% | -253.32M▲ 37.1% | -250.77M▲ 1.0% | -184.17M▲ 26.6% |
| Pretax Margin % | -66.3% | -82.99% | -92.59% | -75.34% | -73.63% | -38.82% | -34.64% | -23.29% |
| Income Tax | 28K | 245K | 1.53M | 3.24M | 4.88M | 3.71M | 4.76M | 4.86M |
| Effective Tax Rate % | -0.06% | -0.21% | -0.73% | -1.14% | -1.21% | -1.46% | -1.9% | -2.64% |
| Net Income | -50.93M▲ 0% | -118.59M▼ 132.9% | -211.71M▼ 78.5% | -288.34M▼ 36.2% | -407.77M▼ 41.4% | -257.03M▲ 37.0% | -255.54M▲ 0.6% | -189.02M▲ 26.0% |
| Net Margin % | -66.34% | -83.16% | -93.26% | -76.19% | -74.52% | -39.39% | -35.3% | -23.9% |
| Net Income Growth % | - | -132.86% | -78.52% | -36.2% | -41.42% | 36.97% | 0.58% | 26.03% |
| Net Income (Continuing) | -50.93M | -118.59M | -211.71M | -288.34M | -407.77M | -257.03M | -255.54M | -189.02M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.34▲ 0% | -0.75▼ 120.6% | -1.31▼ 74.7% | -1.63▼ 24.4% | -2.04▼ 25.2% | -1.17▲ 42.6% | -1.11▲ 5.1% | -0.80▲ 27.9% |
| EPS Growth % | - | -120.59% | -74.67% | -24.43% | -25.15% | 42.65% | 5.13% | 27.93% |
| EPS (Basic) | -0.34 | -0.75 | -1.31 | -1.63 | -2.04 | -1.17 | -1.11 | -0.80 |
| Diluted Shares Outstanding | 149.59M | 158.7M | 161.48M | 176.4M | 200.03M | 220.41M | 229.47M | 236.82M |
| Basic Shares Outstanding | 149.59M | 158.7M | 161.48M | 176.4M | 200.03M | 220.41M | 229.47M | 236.82M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - |
Asana, Inc. (ASAN) balance sheet — assets, liabilities & shareholders' equity
| Line item | Jan'19 | Jan'20 | Jan'21 | Jan'22 | Jan'23 | Jan'24 | Jan'25 | Jan'26 |
|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 103.16M | 380.63M | 445.76M | 411.39M | 660.39M | 659.72M | 600.74M | 593.35M |
| Cash & Short-Term Investments | 87.97M | 351.31M | 386.27M | 312.03M | 529.3M | 519.46M | 466.88M | 434.05M |
| Cash Only | 23.78M | 306.02M | 259.88M | 240.4M | 526.56M | 236.66M | 184.73M | 199.84M |
| Short-Term Investments | 64.19M | 45.29M | 126.4M | 71.63M | 2.74M | 282.8M | 282.16M | 234.21M |
| Accounts Receivable | 5.59M | 12.66M | 32.19M | 59.09M | 82.36M | 88.33M | 87.57M | 110.31M |
| Days Sales Outstanding | 26.6 | 32.4 | 51.76 | 56.99 | 54.94 | 49.41 | 44.15 | 50.91 |
| Inventory | 8.26M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | 217.89 | - | - | - | - | - | - | - |
| Other Current Assets | 2.13M | 6.19M | 10.6M | 17.31M | 23.59M | 26.9M | 28.85M | 48.99M |
| Total Non-Current Assets | 10.59M | 41.06M | 285.36M | 295.64M | 294.57M | 302.24M | 290.67M | 250.74M |
| Property, Plant & Equipment | 4.1M | 30.92M | 257.36M | 273.71M | 271.17M | 278.27M | 262.38M | 221.74M |
| Fixed Asset Turnover | 18.73x | 4.61x | 0.88x | 1.38x | 2.02x | 2.34x | 2.76x | 3.57x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 2.8M | 4.66M | 19.13M | 2.76M | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 3.69M | 5.48M | 8.87M | 19.17M | 23.4M | 23.97M | 28.29M | 29M |
| Total Assets | 113.75M▲ 0% | 421.69M▲ 270.7% | 731.12M▲ 73.4% | 707.03M▼ 3.3% | 954.96M▲ 35.1% | 961.96M▲ 0.7% | 891.41M▼ 7.3% | 844.09M▼ 5.3% |
| Asset Turnover | 0.67x | 0.34x | 0.31x | 0.54x | 0.57x | 0.68x | 0.81x | 0.94x |
| Asset Growth % | - | 270.72% | 73.38% | -3.29% | 35.07% | 0.73% | -7.33% | -5.31% |
| Total Current Liabilities | 43.49M | 100.13M | 163.48M | 255.19M | 332.32M | 367.21M | 415.82M | 501.02M |
| Accounts Payable | 3.65M | 7.55M | 9.6M | 11.56M | 7.55M | 6.91M | 9.92M | 18.82M |
| Days Payables Outstanding | 96.24 | 138.59 | 121.9 | 108.45 | 48.75 | 39.07 | 46.92 | 79.19 |
| Short-Term Debt | 0 | 0 | 0 | 12.57M | 0 | 0 | 5.3M | 24.85M |
| Deferred Revenue (Current) | 31.92M | 62.73M | 103.88M | 170.14M | 226.44M | 265.31M | 300.8M | 333.64M |
| Other Current Liabilities | 5.59M | 14.76M | 31.01M | 31.44M | 61.15M | 22.82M | 17.75M | 123.72M |
| Current Ratio | 2.37x | 3.80x | 2.73x | 1.61x | 1.99x | 1.80x | 1.44x | 1.18x |
| Quick Ratio | 2.18x | 3.80x | 2.73x | 1.61x | 1.99x | 1.80x | 1.44x | 1.18x |
| Cash Conversion Cycle | 148.25 | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 251.26M | 466.88M | 580.43M | 248.01M | 266.07M | 268.35M | 248.07M | 188.95M |
| Long-Term Debt | 0 | 203.1M | 380.67M | 34.61M | 46.7M | 43.62M | 39.29M | 183.75M |
| Capital Lease Obligations | 0 | 10.47M | 196.8M | 208.42M | 210.01M | 215.08M | 201.73M | 0 |
| Deferred Tax Liabilities | 0 | -1.4M | -2M | -4.1M | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 251.26M | 253.31M | 2.96M | 4.97M | 2.21M | 3.73M | 5.05M | 5.2M |
| Total Liabilities | 294.76M | 567.01M | 743.91M | 503.19M | 598.39M | 635.56M | 663.89M | 689.97M |
| Total Debt | 0 | 225.18M | 585.86M | 255.61M | 271.54M | 277.88M | 268.39M | 208.59M |
| Net Debt | -23.78M | -80.84M | 325.98M | 15.2M | -255.02M | 41.22M | 83.66M | 8.76M |
| Debt / Equity | - | - | - | 1.25x | 0.76x | 0.85x | 1.18x | 1.35x |
| Debt / EBITDA | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - |
| Interest Coverage | - | -1533.73x | -4.85x | -14.42x | -203.91x | -68.32x | -72.42x | -12.10x |
| Total Equity | -181.01M▲ 0% | -145.31M▲ 19.7% | -12.79M▲ 91.2% | 203.84M▲ 1693.9% | 356.57M▲ 74.9% | 326.4M▼ 8.5% | 227.52M▼ 30.3% | 154.12M▼ 32.3% |
| Equity Growth % | - | 19.72% | 91.2% | 1693.87% | 74.93% | -8.46% | -30.29% | -32.26% |
| Book Value per Share | -1.21 | -0.92 | -0.08 | 1.16 | 1.78 | 1.48 | 0.99 | 0.65 |
| Total Shareholders' Equity | -181.01M | -145.31M | -12.79M | 203.84M | 356.57M | 326.4M | 227.52M | 154.12M |
| Common Stock | 1K | 1K | 2K | 2K | 2K | 2K | 2K | 2K |
| Retained Earnings | -211.15M | -329.74M | -541.45M | -829.79M | -1.24B | -1.49B | -1.83B | -2.15B |
| Treasury Stock | -30.21M | 66.06M | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -80K | -102K | 39K | -626K | -873K | -236K | -3.85M | 4.21M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Asana, Inc. (ASAN) cash flow — operating, investing & free cash flow history
| Line item | Jan'19 | Jan'20 | Jan'21 | Jan'22 | Jan'23 | Jan'24 | Jan'25 | Jan'26 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -30.18M | -40.14M | -92.87M | -83.78M | -160.06M | -17.93M | 14.93M | 90.36M |
| Operating CF Margin % | -39.31% | -28.14% | -40.91% | -22.14% | -29.25% | -2.75% | 2.06% | 11.43% |
| Operating CF Growth % | - | -32.99% | -131.39% | 9.78% | -91.03% | 88.8% | 183.24% | 505.43% |
| Net Income | -50.93M | -118.59M | -211.71M | -288.34M | -407.77M | -257.03M | -255.54M | -189.02M |
| Depreciation & Amortization | 4.23M | 2.23M | 3.49M | 8.46M | 12.67M | 14.34M | 17.54M | 22.04M |
| Stock-Based Compensation | 8.55M | 48.39M | 34.23M | 104.53M | 188.96M | 202.42M | 211.27M | 214.84M |
| Deferred Taxes | -690K | -246K | 1.32M | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 322K | 9.91M | 56.52M | 45.59M | 32.71M | 44.94M | 48.46M | 42.51M |
| Working Capital Changes | 8.34M | 18.17M | 23.29M | 45.97M | 13.37M | -22.61M | -6.81M | 0 |
| Change in Receivables | -3.43M | -7.72M | -20.46M | -26.99M | -25.18M | -9.53M | -4.66M | -23.47M |
| Change in Inventory | -3.69M | -9.78M | 4.85M | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 362K | 3.47M | -2.88M | 7.26M | -4.39M | -569K | 4.44M | 7.32M |
| Cash from Investing | -44.66M | 12.65M | -158.94M | 27.56M | 64.49M | -289.13M | -6.13M | 37.17M |
| Capital Expenditures | -3.41M | -7.26M | -58.31M | -42.72M | -7.16M | -7.72M | -5.57M | -3.79M |
| CapEx % of Revenue | 4.44% | 5.09% | 25.69% | 11.29% | 1.31% | 1.18% | 0.77% | 0.48% |
| Acquisitions | 557K | 384K | 962K | 1.13M | 1.81M | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - |
| Other Investing | -557K | -384K | -950K | -1.13M | -1.81M | -5.44M | -6.71M | -9.59M |
| Cash from Financing | 55.29M | 311.6M | 201M | 37.21M | 381.39M | 16.78M | -58.09M | -117.92M |
| Debt Issued (Net) | 0 | 300M | 180.91M | 7.33M | 11.22M | -3.13M | -2.5M | 0 |
| Equity Issued (Net) | 1000K | -77K | -411K | -40K | 1000K | 0 | -1000K | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -14K | -77K | -33K | -40K | -9K | -10K | -78.35M | -132.21M |
| Other Financing | 4.3M | 11.67M | 20.5M | 29.92M | 22.89M | 19.9M | 22.76M | -117.92M |
| Net Change in Cash | -19.55M▲ 0% | 284.1M▲ 1553.6% | -50.8M▼ 117.9% | -19.48M▲ 61.7% | 286.16M▲ 1569.4% | -289.9M▼ 201.3% | -51.8M▲ 82.1% | 15.39M▲ 129.7% |
| Free Cash Flow | -33.59M▲ 0% | -47.4M▼ 41.1% | -151.18M▼ 219.0% | -126.5M▲ 16.3% | -167.22M▼ 32.2% | -31.09M▲ 81.4% | 9.36M▲ 130.1% | 86.57M▲ 825.3% |
| FCF Margin % | -43.75% | -33.24% | -66.6% | -33.43% | -30.56% | -4.76% | 1.29% | 10.95% |
| FCF Growth % | - | -41.12% | -218.95% | 16.32% | -32.18% | 81.41% | 130.09% | 825.28% |
| FCF per Share | -0.22 | -0.30 | -0.94 | -0.72 | -0.84 | -0.14 | 0.04 | 0.37 |
| FCF Conversion (FCF/Net Income) | 0.59x | 0.34x | 0.44x | 0.29x | 0.39x | 0.07x | -0.06x | -0.48x |
| Interest Paid | 0 | 0 | 80K | 833K | 1.66M | 3.61M | 5.94M | 0 |
| Taxes Paid | 0 | 150K | 275K | 1.46M | 4.33M | 3.35M | 4.25M | 0 |
Asana, Inc. (ASAN) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | - | - | -301.85% | -145.52% | -75.27% | -92.26% | -99.06% |
| Return on Invested Capital (ROIC) | - | - | -302.57% | -74.74% | -190.81% | -86.32% | -58.94% | -62.44% |
| Gross Margin | 81.98% | 86.06% | 87.34% | 89.72% | 89.66% | 90.11% | 89.34% | 89.03% |
| Net Margin | -66.34% | -83.16% | -93.26% | -76.19% | -74.52% | -39.39% | -35.3% | -23.9% |
| Debt / Equity | - | - | - | 1.25x | 0.76x | 0.85x | 1.18x | 1.35x |
| Interest Coverage | - | -1533.73x | -4.85x | -14.42x | -203.91x | -68.32x | -72.42x | -12.10x |
| FCF Conversion | 0.59x | 0.34x | 0.44x | 0.29x | 0.39x | 0.07x | -0.06x | -0.48x |
| Revenue Growth | - | 85.76% | 59.18% | 66.71% | 44.6% | 19.24% | 10.94% | 9.25% |
Asana, Inc. (ASAN) SEC filings — annual & quarterly reports (10-K, 10-Q)
Mar 13, 2026·SEC
Mar 2, 2026·SEC
Mar 2, 2026·SEC
Asana, Inc. (ASAN) stock FAQ — growth, dividends, profitability & financials explained
Asana, Inc. (ASAN) reported $790.8M in revenue for fiscal year 2026. This represents a 930% increase from $76.8M in 2019.
Asana, Inc. (ASAN) grew revenue by 9.2% over the past year. This is steady growth.
Asana, Inc. (ASAN) reported a net loss of $189.0M for fiscal year 2026.
Asana, Inc. (ASAN) has a return on equity (ROE) of -99.1%. Negative ROE indicates the company is unprofitable.
Asana, Inc. (ASAN) generated $84.4M in free cash flow for fiscal year 2026. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Asana, Inc. (ASAN) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates