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ASAN (Asana, Inc.) Stock Financials & Earnings | Market Cap Arena
ASAN
Asana, Inc.
Mkt Cap
$2B
Technology
·
Software - Application
·
🇺🇸 United States
·
NYSE
Revenue (TTM)
$791M
Net Income (TTM)
-$189M
EPS (TTM)
-$0.80
Free Cash Flow (TTM)
$84M
Gross Margin
89.0%
Op. Margin
-25.0%
Net Margin
-23.9%
FCF Margin
10.7%
P/S Ratio (TTM)
2.2x
P/E Ratio (TTM)
—
YoY Rev Growth
+9.2%
Employees
—
Earnings Reports
▶
Q4 2026
NEW
Browse All Reports
Quarterly
FY
Revenue & Profitability
Revenue
Gross Profit
Operating Income
Quarter
Revenue
Gross Profit
Op. Income
Q1 24
$152M
$138M
-$65M
Q2 24
$162M
$146M
-$73M
Q3 24
$167M
$150M
-$63M
Q4 24
$171M
$154M
-$68M
Q1 25
$172M
$155M
-$66M
Q2 25
$179M
$159M
-$77M
Q3 25
$184M
$164M
-$60M
Q4 25
$188M
$169M
-$64M
Q1 26
$187M
$168M
-$44M
Q2 26
$197M
$177M
-$49M
Q3 26
$201M
$179M
-$39M
Q4 26
$206M
$181M
-$65M
marketcaparena.com
Valuation
P/S Ratio
P/E Ratio
Quarter
P/S
P/E
Q1 24
3.0x
—
Q2 24
2.9x
—
Q3 24
2.8x
—
Q4 24
2.7x
—
Q1 25
2.6x
—
Q2 25
2.6x
—
Q3 25
2.5x
—
Q4 25
2.4x
—
Q1 26
2.4x
—
Q2 26
2.3x
—
Q3 26
2.3x
—
Q4 26
2.2x
—
marketcaparena.com
Operating Cash Flow
Operating Cash Flow
Free Cash Flow
Quarter
Operating CF
Free CF
Q1 24
-$15M
-$17M
Q2 24
$20M
$15M
Q3 24
-$8M
-$11M
Q4 24
-$15M
-$17M
Q1 25
-$2M
-$4M
Q2 25
$16M
$13M
Q3 25
-$15M
-$16M
Q4 25
$16M
$14M
Q1 26
$7M
$4M
Q2 26
$40M
$39M
Q3 26
$16M
$16M
Q4 26
$28M
$26M
marketcaparena.com
Capital Expenditures
CapEx
Quarter
CapEx
Q1 24
$3M
Q2 24
$6M
Q3 24
$3M
Q4 24
$2M
Q1 25
$2M
Q2 25
$3M
Q3 25
$1M
Q4 25
$2M
Q1 26
$3M
Q2 26
$1M
Q3 26
$669K
Q4 26
$1M
marketcaparena.com
OpEx vs Revenue Growth (YoY)
Revenue Growth
OpEx Growth
Quarter
Revenue Growth
OpEx Growth
Q1 24
+26.3%
+0.4%
Q2 24
+20.4%
-4.2%
Q3 24
+17.7%
-5.2%
Q4 24
+13.9%
-4.2%
Q1 25
+13.1%
+9.6%
Q2 25
+10.3%
+8.6%
Q3 25
+10.4%
+6.1%
Q4 25
+10.0%
+5.4%
Q1 26
+8.6%
-3.1%
Q2 26
+9.9%
-3.8%
Q3 26
+9.3%
-1.5%
Q4 26
+9.2%
+7.3%
marketcaparena.com
Stock-Based Compensation
SBC ($)
% of Revenue
Quarter
SBC ($)
% of Revenue
Q1 24
$41M
27.2%
Q2 24
$56M
34.6%
Q3 24
$53M
31.8%
Q4 24
$52M
30.3%
Q1 25
$49M
28.2%
Q2 25
$60M
33.5%
Q3 25
$0
0.0%
Q4 25
$51M
26.9%
Q1 26
$48M
25.7%
Q2 26
$0
0.0%
Q3 26
$0
0.0%
Q4 26
$50M
24.2%
marketcaparena.com
OpEx Breakdown
R&D
G&A
S&M
SG&A
Quarter
R&D
G&A
S&M
SG&A
Q1 24
$76M
$33M
$93M
—
Q2 24
$84M
$55M
$80M
—
Q3 24
$81M
$34M
$98M
—
Q4 24
$83M
$35M
$104M
—
Q1 25
$83M
$34M
$104M
—
Q2 25
$91M
$36M
$109M
—
Q3 25
$83M
$36M
$105M
—
Q4 25
$84M
$46M
$102M
—
Q1 26
$75M
$37M
$100M
—
Q2 26
$79M
$40M
$107M
—
Q3 26
$74M
—
—
$144M
Q4 26
$73M
$41M
$100M
—
marketcaparena.com
Rule of 40
Rule of 40
Quarter
Rev Growth %
EBITDA Margin %
Rule of 40
Q1 24
26.3%
-33.5%
-7.2
Q2 24
20.4%
-40.4%
-20.0
Q3 24
17.7%
-33.9%
-16.2
Q4 24
13.9%
-33.1%
-19.2
Q1 25
13.1%
-33.5%
-20.4
Q2 25
10.3%
-36.7%
-26.4
Q3 25
10.4%
-27.6%
-17.2
Q4 25
10.0%
-29.3%
-19.3
Q1 26
8.6%
-17.7%
-9.1
Q2 26
9.9%
-20.8%
-10.9
Q3 26
9.3%
-30.1%
-20.8
Q4 26
9.2%
-10.5%
-1.3
marketcaparena.com
Revenue by Geography
Non-US
United States
Quarter
Non-US
United States
Q1 24
$59M
$93M
Q2 24
$63M
$99M
Q3 24
$65M
$101M
Q4 24
$66M
$105M
Q1 25
$68M
$104M
Q2 25
$71M
$108M
Q3 25
$74M
$110M
Q4 25
$76M
$113M
Q2 26
$80M
$116M
Q3 26
$83M
$118M
marketcaparena.com
War Chest
Cash & Equivalents
Short-Term Investments
Quarter
Cash
Short-term Investments
Total
Q1 24
$382M
$141M
$524M
Q2 24
$414M
$124M
$538M
Q3 24
$268M
$262M
$530M
Q4 24
$237M
$283M
$519M
Q1 25
$222M
$302M
$524M
Q2 25
$219M
$302M
$522M
Q3 25
$197M
$259M
$455M
Q4 25
$185M
$282M
$467M
Q1 26
$194M
$277M
$471M
Q2 26
$184M
$291M
$475M
Q3 26
$184M
$280M
$464M
Q4 26
$200M
$234M
$434M
marketcaparena.com
Shares Outstanding
Shares Outstanding
Quarter
Shares (Diluted)
QoQ Change
Q1 24
216M
+1.0%
Q2 24
219M
+1.2%
Q3 24
222M
+1.3%
Q4 24
224M
+1.1%
Q1 25
227M
+1.2%
Q2 25
230M
+1.2%
Q3 25
230M
-0.1%
Q4 25
231M
+0.8%
Q1 26
235M
+1.5%
Q2 26
236M
+0.6%
Q3 26
238M
+0.7%
Q4 26
238M
+0.2%
marketcaparena.com
Revenue Per Employee
Revenue / Employee
Year
Revenue/Employee
Employees
FY 19
—
—
FY 20
—
—
FY 21
$210K
1K
FY 22
$227K
2K
FY 23
$307K
2K
FY 24
$355K
2K
FY 25
$398K
2K
FY 26
$435K
2K
marketcaparena.com