Asana, Inc. (ASAN) Financial Statements
Industry: Prepackaged Software (Services)
In fiscal 2026, Asana reported revenue of $790.8M, up 9.2% from $723.9M the year before. Net income was -$189.0M (a -23.9% net margin), or -$0.80 per diluted share. Gross margin was 89.0% and operating margin was -25.0%. Operating activities generated $90.4M of cash, leaving $86.6M of free cash flow. At fiscal year end, Asana held $844.1M in total assets against $690.0M in total liabilities, including $199.8M of cash and equivalents.
Open the full interactive Asana financials → Quarterly statements, key ratios, valuation history and price charts.
Asana Key Stats
| Share Price | $9.86 |
|---|---|
| Market Cap | $2.28B |
| Revenue YoY Growth | +9.2% |
| 52-Week Range | $5.46 – $15.10 |
| Shares Outstanding | 230.8 million (basic, 2027 Q2) |
Asana Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $227.0M | $378.4M | $547.2M | $652.5M | $723.9M | $790.8M |
| Cost of Goods Sold | $28.7M | $38.9M | $56.6M | $64.5M | $77.2M | $86.8M |
| Gross Profit | $198.3M | $339.5M | $490.7M | $588.0M | $646.7M | $704.0M |
| Operating Income | -$175.6M | -$265.2M | -$407.8M | -$270.0M | -$266.7M | -$197.3M |
| Pre-Tax Income | -$210.2M | -$285.1M | -$402.9M | -$253.3M | -$250.8M | -$184.2M |
| Income Tax | $1.5M | $3.2M | $4.9M | $3.7M | $4.8M | $4.9M |
| Net Income | -$211.7M | -$288.3M | -$407.8M | -$257.0M | -$255.5M | -$189.0M |
| Diluted EPS | -$1.99 | -$1.63 | -$2.04 | -$1.17 | -$1.11 | -$0.80 |
Asana Quarterly Results
| 2026 Q3 | 2026 Q4 | 2027 Q1 | 2027 Q2 | |
|---|---|---|---|---|
| Revenue | $201.0M | $205.6M | $205.1M | $216.4M |
| Net Income | -$68.4M | -$32.2M | -$14.4M | -$39.2M |
| Diluted EPS | -$0.29 | -$0.14 | -$0.06 | -$0.17 |
Asana Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $259.9M | $240.4M | $526.6M | $236.7M | $184.7M | $199.8M |
| Current Assets | $445.8M | $411.4M | $660.4M | $659.7M | $600.7M | $593.3M |
| Total Assets | $731.1M | $707.0M | $955.0M | $962.0M | $891.4M | $844.1M |
| Current Liabilities | $163.5M | $255.2M | $332.3M | $367.2M | $415.8M | $501.0M |
| Total Long-Term Debt | $380.7M | $34.6M | $46.7M | $43.6M | $39.3M | $40.8M |
| Total Liabilities | $743.9M | $503.2M | $598.4M | $635.6M | $663.9M | $690.0M |
| Shareholders' Equity | -$12.8M | $203.8M | $356.6M | $326.4M | $227.5M | $154.1M |
Asana Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$92.9M | -$83.8M | -$160.1M | -$17.9M | $14.9M | $90.4M |
| Cash From Investing | -$158.9M | $27.6M | $64.5M | -$289.1M | -$6.1M | $37.2M |
| Cash From Financing | $201.0M | $37.2M | $381.4M | $16.8M | -$58.1M | -$117.9M |
| Free Cash Flow | -$150.2M | -$125.4M | -$165.4M | -$25.7M | $9.4M | $86.6M |
Figures from Asana's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Asana financials page for every line item.
Asana Company Profile
| Ticker | ASAN |
|---|---|
| Exchange | NYSE |
| Industry | Prepackaged Software (Services) |
| Headquarters | San Francisco, California |
| Incorporated in | Delaware |
| Fiscal Year End | January 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001477720 |
Frequently Asked Questions
What was Asana's revenue in fiscal 2026?
Asana (ASAN) reported revenue of $790.8M for fiscal 2026.
What is Asana's annual revenue history?
Asana's annual revenue by fiscal year: 2021: $227.0M; 2022: $378.4M; 2023: $547.2M; 2024: $652.5M; 2025: $723.9M; 2026: $790.8M.
What was Asana's net income in fiscal 2026?
Asana reported net income of -$189.0M for fiscal 2026.
What was Asana's earnings per share (EPS) in fiscal 2026?
Asana's diluted EPS was -$0.80 for fiscal 2026 (adjusted for any later stock splits).
How much free cash flow did Asana generate in fiscal 2026?
Asana generated $86.6M of free cash flow in fiscal 2026.
What was Asana's revenue last quarter?
In its most recent reported quarter (2027 Q2), Asana reported revenue of $216.4M.
How much debt does Asana have?
Asana reported $40.8M of long-term debt, including the current portion, at the end of fiscal 2026.
How many shares of Asana are outstanding?
Asana reported a weighted average of 230.8 million basic shares outstanding in 2027 Q2.
What is Asana's market cap?
Based on its latest closing price, Asana (ASAN) has a market capitalization of about $2.28B.
When does Asana's fiscal year end?
Asana's fiscal year end, as registered with the SEC, is January 31.
Where is Asana headquartered?
Asana lists its business address in San Francisco, California in its SEC filings.