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Financials · ASAN

Asana Inc. (ASAN) financials

For the twelve months ended Jul 31, 2026, Asana Inc. reported $828.13M of revenue and -$154.24M of net income.

Revenue, TTM
$828.13M
Revenue growth, YoY
+9.5%
Net income, TTM
-$154.24M
Net margin
-18.6%
Free cash flow, TTM
$123.89M
EPS, diluted, TTM
-$0.66
Cash
$219.56M
P/S
2.93
Market cap
$2.43B
Annual revenue$790.81M
FY2019FY2026
Annual net income-$189.02M
FY2019FY2026
Annual free cash flow$86.57M
FY2019FY2026

ASAN revenue and earnings growth

ASAN revenueQ2 2027$216.43M

Quarter YoY
+9.9%
QoQ
+5.5%
FY YoY
+9.2%
5Y CAGR
+28.4%

ASAN revenue was $216.43M in fiscal Q2 2027 (ended Jul 31, 2026), up 9.9% from a year earlier and up 5.5% from the prior quarter. For the full fiscal 2026 it was $790.81M, up 9.2% from fiscal 2025. Compound annual growth was +28.4% over 5 years. It rose in each of the last 7 fiscal years. Fiscal 2026 is the highest of the 8 fiscal years on file.

ASAN net incomeQ2 2027-$39.19M

ASAN net income was -$39.19M in fiscal Q2 2027 (ended Jul 31, 2026), compared with -$48.36M a year earlier. For the full fiscal 2026 it was -$189.02M, compared with -$255.54M in fiscal 2025.

ASAN EPSQ2 2027-$0.17

ASAN diluted EPS was -$0.17 in fiscal Q2 2027 (ended Jul 31, 2026), compared with -$0.20 a year earlier. For the full fiscal 2026 it was -$0.80, compared with -$1.11 in fiscal 2025.

ASAN free cash flowQ2 2027$44.55M

Quarter YoY
+15.6%
QoQ
+19.0%
FY YoY
+825.3%

ASAN free cash flow was $44.55M in fiscal Q2 2027 (ended Jul 31, 2026), up 15.6% from a year earlier and up 19.0% from the prior quarter. For the full fiscal 2026 it was $86.57M, up 825.3% from fiscal 2025. Fiscal 2026 is the highest of the 8 fiscal years on file.

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Income statement

Income statement
Line item
FY2026
Jan 31, 2026
FY2025
Jan 31, 2025
FY2024
Jan 31, 2024
FY2023
Jan 31, 2023
FY2022
Jan 31, 2022
FY2021
Jan 31, 2021
FY2020
Jan 31, 2020
FY2019
Jan 31, 2019
Revenue$790.81M$723.88M$652.50M$547.21M$378.44M$227.00M$142.61M$76.77M
Cost of revenue$86.76M$77.19M$64.52M$56.56M$38.90M$28.74M$19.88M$13.83M
Gross profit$704.05M$646.68M$587.98M$490.65M$339.54M$198.26M$122.72M$62.94M
Research and development$301.50M$341.47M$324.69M$297.21M$203.12M$121.14M$89.67M$42.59M
Selling, general and admin$192.93M$152.00M$141.33M$166.31M$118.70M$76.21M$46.84M$20.26M
Operating income-$197.33M-$266.74M-$270.00M-$407.83M-$265.18M-$175.57M-$119.63M-$52.01M
Interest expense$3.15M$3.68M$3.95M$2.00M$18.39M$36.18M$78.0K$0
Pre-tax income-$184.17M-$250.77M-$253.32M-$402.89M-$285.11M-$210.18M-$118.34M-$50.90M
Income tax$4.86M$4.76M$3.71M$4.88M$3.24M$1.53M$245.0K$28.0K
Net income-$189.02M-$255.54M-$257.03M-$407.77M-$288.34M-$211.71M-$118.59M-$50.93M
EPS, basic-$0.80-$1.11-$1.17-$2.04-$1.63-$1.99-$1.69-$0.78
EPS, diluted-$0.80-$1.11-$1.17-$2.04-$1.63-$1.99-$1.69-$0.78
Diluted shares236.8M229.5M220.4M200.0M176.4M106.3M70.3M65.2M

Balance sheet

Balance sheet
Line item
FY2026
Jan 31, 2026
FY2025
Jan 31, 2025
FY2024
Jan 31, 2024
FY2023
Jan 31, 2023
FY2022
Jan 31, 2022
FY2021
Jan 31, 2021
FY2020
Jan 31, 2020
FY2019
Jan 31, 2019
Cash and equivalents$199.84M$184.86M$236.66M$526.56M$240.40M$259.88M$310.68M$26.58M
Receivables$110.31M$87.57M$88.33M$82.36M$59.09M$32.19M$12.66M-
Current assets$593.35M$600.74M$659.72M$660.39M$411.39M$445.76M$380.63M-
Goodwill$0-------
Total assets$844.09M$891.41M$961.96M$954.96M$707.03M$731.12M$421.69M-
Current liabilities$501.02M$415.82M$367.21M$332.32M$255.19M$163.48M$100.13M-
Short-term debt$40.82M$0------
Long-term debt----$0$351.16M$203.10M-
Total debt----$0$351.16M$203.10M-
Total liabilities$689.97M$663.89M$635.56M$598.39M$503.19M$743.91M$316.43M-
Shareholders' equity$154.12M$227.52M$326.40M$356.57M$203.84M-$12.79M-$145.31M-$181.01M

Cash flow

Cash flow
Line item
FY2026
Jan 31, 2026
FY2025
Jan 31, 2025
FY2024
Jan 31, 2024
FY2023
Jan 31, 2023
FY2022
Jan 31, 2022
FY2021
Jan 31, 2021
FY2020
Jan 31, 2020
FY2019
Jan 31, 2019
Operating cash flow$90.36M$14.93M-$17.93M-$160.06M-$83.78M-$92.87M-$40.14M-$30.18M
Capital expenditures$3.79M$5.57M$7.72M$5.35M$41.59M$57.34M$6.88M$2.85M
Free cash flow$86.57M$9.36M-$25.65M-$165.41M-$125.37M-$150.21M-$47.01M-$33.03M
Investing cash flow$37.17M-$6.13M-$289.13M$64.49M$27.56M-$158.94M$12.65M-$44.66M
Financing cash flow-$117.92M-$58.09M$16.78M$381.39M$37.21M$201.00M$311.60M$55.29M
Share repurchases$132.21M$78.35M$0$9.0K$40.0K$33.0K$77.0K$14.0K
Stock-based compensation$214.84M$211.27M$202.42M$188.96M$104.53M$34.23M$48.39M$8.55M
Depreciation and amortization$22.00M$17.50M$14.30M$12.70M$8.50M$3.50M$2.20M$4.20M

Key ratios

Key ratios
Line item
FY2026
Jan 31, 2026
FY2025
Jan 31, 2025
FY2024
Jan 31, 2024
FY2023
Jan 31, 2023
FY2022
Jan 31, 2022
FY2021
Jan 31, 2021
FY2020
Jan 31, 2020
FY2019
Jan 31, 2019
Revenue growth, YoY9.2%10.9%19.2%44.6%66.7%59.2%85.8%-
Gross margin89.0%89.3%90.1%89.7%89.7%87.3%86.1%82.0%
Operating margin-25.0%-36.8%-41.4%-74.5%-70.1%-77.3%-83.9%-67.8%
Net margin-23.9%-35.3%-39.4%-74.5%-76.2%-93.3%-83.2%-66.3%
Free cash flow margin10.9%1.3%-3.9%-30.2%-33.1%-66.2%-33.0%-43.0%
Return on equity-122.6%-112.3%-78.7%-114.4%-141.5%---
Return on assets-22.4%-28.7%-26.7%-42.7%-40.8%-29.0%-28.1%-
Current ratio1.181.441.801.991.612.733.80-
Debt to equity----0.00---

Source: XBRL data Asana Inc. files with the SEC, latest filing dated Sep 3, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

ASAN peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
ASAN$828.13M+9.5%-$154.24M-18.6%$2.43B
MSFT$346.44B+17.9%$142.63B41.2%$3.94T
PLTR$7.29B+87.1%$3.67B50.3%$386.44B
ORCL$71.78B+21.6%$18.92B26.4%$351.04B
SAP€36.80B+7.7%€7.16B19.5%$286.79B
CRWD$5.40B+24.3%$58.46M1.1%$222.09B
SHOP$14.17B+32.5%$2.13B15.0%$191.58B
CRM$43.94B+11.2%$9.66B22.0%$175.83B
NOW$15.43B+21.8%$1.45B9.4%$105.84B

ASAN FAQ

9 questions
  • What is ASAN revenue?
    Asana Inc. (ASAN) reported $828.13M of revenue for the twelve months ended Jul 31, 2026. That is up 9.5% from the year before. Revenue for fiscal 2026 was $790.81M.
  • Is ASAN profitable?
    No. Asana Inc. reported a net loss of $154.24M for the twelve months ended Jul 31, 2026.
  • How much cash and debt does ASAN have?
    Asana Inc. reported $219.56M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is ASAN revenue growing?
    Asana Inc.'s revenue changed +9.2% in fiscal 2026, to $790.81M. Its compound annual growth rate was +28.4% over 5 years.
  • What is ASAN gross margin?
    Asana Inc.'s gross profit was $725.08M on $828.13M of revenue for the twelve months ended Jul 31, 2026, a gross margin of 87.6%.
  • What is ASAN free cash flow?
    Asana Inc. generated $123.89M of free cash flow for the twelve months ended Jul 31, 2026, which is operating cash flow of $130.05M less capital expenditures.
  • What is ASAN earnings per share?
    Diluted earnings per share were -$0.66 for the twelve months ended Jul 31, 2026, from SEC filings, restated for any stock split those filings show.
  • When did ASAN last report financial results?
    The latest statements here come from Asana Inc.'s 10-Q filed on Sep 3, 2026, covering the period ended Jul 31, 2026.
  • Where does this ASAN financial data come from?
    Quantisnow builds these statements from the structured XBRL data Asana Inc. files with the SEC. It is provided for information only and is not investment advice.