Asana ASAN
Public, NYSE, reports in USD. Founded 2008.
Theme: Cloud.
Collaboration SaaS.
2025-08-01 — Never profitable
Financials millions, USD
| Period | Revenue | Growth % | Gross margin % | R&D % | Operating income | Operating margin % | Net income | EPS (diluted) | Rule of 40 | basis |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 791m USD | 9.2 % | 89.0 % | 38.1 % | -197m USD | -25.0 % | -189m USD | -0.80 | -15.7 | |
| 2025 | 724m USD | 10.9 % | 89.3 % | 47.2 % | -267m USD | -36.8 % | -256m USD | -1.11 | -25.9 | |
| 2024 | 653m USD | -0.1 % | 90.1 % | 49.8 % | -270m USD | -41.4 % | -257m USD | -1.17 | -41.5 | |
| 2023 | 653m USD | 19.4 % | 91.3 % | 49.8 % | -270m USD | -41.3 % | -408m USD | -2.04 | -22.0 | |
| 2022 | 547m USD | – | – | – | – | – | – | – | – | |
| 2027-Q2 | 216m USD | 9.9 % | 86.0 % | 37.8 % | -41m USD | -19.0 % | -39m USD | -0.17 | -9.1 | |
| 2027-Q1 | 205m USD | – | 87.6 % | 32.2 % | -15m USD | -7.4 % | -14m USD | -0.06 | – | |
| 2026-Q4 | 206m USD | – | 87.8 % | 35.6 % | -34m USD | -16.5 % | -32m USD | -0.14 | – | |
| 2026-Q3 | 201m USD | – | 88.9 % | 36.7 % | -70m USD | -34.8 % | -68m USD | -0.29 | – | |
| 2026-Q2 | 197m USD | – | 89.7 % | 40.3 % | -49m USD | -25.1 % | -48m USD | -0.20 | – |
Sources
- 2026: yfinance
- 2025: yfinance
- 2024: yfinance
- 2023: 2025_10-K_Summary_2026-07-10.xlsx
- 2022: 2025_10-K_Summary_2026-07-10.xlsx
- 2027-Q2: yfinance
- 2027-Q1: yfinance
- 2026-Q4: yfinance
- 2026-Q3: yfinance
- 2026-Q2: yfinance
Latest quarter 2027-Q2, ended 2026-07-31, vs 2026-Q2
| 2027-Q2 | 2026-Q2 | change | |
|---|---|---|---|
| Revenue | 216m USD | 197m USD | +19m (+10 %) |
| Op. margin | -19.0 % | -25.1 % | +6.1 pts |
| FCF | 40m USD | 35m USD | +4.6m (+13 %) |
| Op. income | -41m USD | ||
| Net income | -39m USD | ||
| EPS (diluted) | -0.17 |
Cash flow millions, USD
| Period | Cash from operations | Capex | Free cash flow | FCF margin % | CFO / net income % | NOPAT | Unlevered FCF | Levered FCF | Net change in cash |
|---|---|---|---|---|---|---|---|---|---|
| 2026 | 90m USD | 13m USD | 77m USD | 9.7 % | – | – | – | 73m USD | 9.6m USD |
| 2025 | 15m USD | 12m USD | 2.6m USD | 0.4 % | – | – | – | 0.1m USD | -49m USD |
| 2024 | -18m USD | 13m USD | -31m USD | -4.8 % | – | – | – | -34m USD | -290m USD |
| 2023 | -160m USD | 7.2m USD | -167m USD | -25.6 % | – | – | – | -156m USD | 286m USD |
NOPAT = op. income × (1 − effective tax rate); UFCF = NOPAT + D&A + ΔNWC − capex; LFCF = FCF + net debt issued.
Quotes
| Price | 9.52 USD | 2026-09-15 | |
|---|---|---|---|
| Market cap | 2.2bn USD | 2026-09-15 | |
| 52w high | 15.48 USD | 2026-09-15 | |
| 52w low | 5.38 USD | 2026-09-15 | |
| Off 52w high % | -38.5 % | ||
| P/S | 2.8 | ||
| Lifetime CAGR | -1.2 % |
Notes
- 2025-08-01 opinion Never profitable