NYSE : ASAN
Asana, Inc. — Financial statements
Technology · Software - Application · United States
Last price 11.26 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 2.58B
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Financial statements
Asana, Inc. (ASAN) reported revenue of 828.13M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 828.13M | 790.81M | 723.88M | 652.50M | 547.21M | 378.44M |
| Cost of Revenue | 102.76M | 86.76M | 77.19M | 64.52M | 56.01M | 38.90M |
| Gross Profit | 725.37M | 704.05M | 646.68M | 587.98M | 491.20M | 339.54M |
| Selling, General & Admin | 556.69M | 566.73M | 563.18M | 528.28M | 592.60M | 401.60M |
| Research & Development | 294.56M | 300.37M | 338.98M | 324.69M | 297.17M | 203.12M |
| Operating Expenses | 851.25M | 867.10M | 902.16M | 852.97M | 889.77M | 604.72M |
| Operating Income | -125.88M | -163.05M | -255.48M | -264.99M | -398.57M | -265.18M |
| Interest Expense | -2.85M | -3.15M | -3.68M | -3.95M | -2.00M | -18.39M |
| Interest & Investment Income | 13.73M | 15.81M | 19.85M | 21.13M | 7.91M | 506.00K |
| Currency Exchange Gain (Loss) | -1.74M | 502.00K | -202.00K | -504.00K | -977.00K | -953.00K |
| Other Non Operating Income (Expenses) | -1.09M | |||||
| EBT Excluding Unusual Items | -116.73M | -149.88M | -239.51M | -248.32M | -393.63M | -285.11M |
| Merger & Restructuring Charges | -3.84M | -3.57M | -4.47M | -9.26M | ||
| Asset Writedown | -30.72M | -30.72M | -6.79M | -5.01M | ||
| Pretax Income | -151.29M | -184.17M | -250.77M | -253.32M | -402.89M | -285.11M |
| Income Tax Expense | 2.95M | 4.86M | 4.76M | 3.71M | 4.88M | 3.24M |
| Net Income | -154.24M | -189.02M | -255.54M | -257.03M | -407.77M | -288.34M |
| Net Income to Common | -154.24M | -189.02M | -255.54M | -257.03M | -407.77M | -288.34M |
| Shares Outstanding (Basic) | 236.26M | 236.82M | 229.47M | 220.41M | 200.03M | 176.40M |
| Shares Outstanding (Diluted) | 236.26M | 236.82M | 229.47M | 220.41M | 200.03M | 176.40M |
| EPS (Basic) | -0.65 | -0.80 | -1.11 | -1.17 | -2.04 | -1.63 |
| EPS (Diluted) | -0.65 | -0.80 | -1.11 | -1.17 | -2.04 | -1.63 |
| Free Cash Flow | 123.89M | 86.57M | 9.36M | -25.65M | -165.41M | -125.37M |
| Free Cash Flow Per Share | 0.52 | 0.37 | 0.04 | -0.12 | -0.83 | -0.71 |
| Gross Margin | 87.59% | 89.03% | 89.34% | 90.11% | 89.77% | 89.72% |
| Operating Margin | -15.20% | -20.62% | -35.29% | -40.61% | -72.84% | -70.07% |
| Profit Margin | -18.62% | -23.90% | -35.30% | -39.39% | -74.52% | -76.19% |
| Free Cash Flow Margin | 14.96% | 10.95% | 1.29% | -3.93% | -30.23% | -33.13% |
| EBITDA | -109.70M | -149.44M | -242.93M | -250.64M | -385.90M | -256.72M |
| EBITDA Margin | -13.25% | -18.90% | -33.56% | -38.41% | -70.52% | -67.84% |
| D&A For EBITDA | 16.18M | 13.61M | 12.55M | 14.34M | 12.67M | 8.46M |
| EBIT | -125.88M | -163.05M | -255.48M | -264.99M | -398.57M | -265.18M |
| EBIT Margin | -15.20% | -20.62% | -35.29% | -40.61% | -72.84% | -70.07% |
| Advertising Expenses | 72.30M | 75.00M | 79.40M | 118.10M | 87.40M |
Balance sheet
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 219.56M | 199.84M | 184.73M | 236.66M | 526.56M | 240.40M |
| Short-Term Investments | 120.29M | 234.21M | 282.16M | 282.80M | 2.74M | 71.63M |
| Cash & Short-Term Investments | 339.85M | 434.05M | 466.88M | 519.46M | 529.30M | 312.03M |
| Receivables | 78.64M | 110.31M | 87.57M | 88.33M | 82.36M | 59.09M |
| Prepaid Expenses | 19.42M | 15.39M | 17.44M | 25.03M | 25.13M | 22.97M |
| Restricted Cash | 844.00K | 418.00K | 136.00K | |||
| Other Current Assets | 33.00M | 33.18M | 28.72M | 26.90M | 23.59M | 17.31M |
| Total Current Assets | 471.77M | 593.35M | 600.74M | 659.72M | 660.39M | 411.39M |
| Property, Plant & Equipment | 239.72M | 197.12M | 245.80M | 267.75M | 271.17M | 273.71M |
| Long-Term Investments | 2.76M | |||||
| Other Intangible Assets | 17.66M | 24.61M | 16.58M | 10.52M | ||
| Long-Term Deferred Charges | 19.85M | 20.48M | 18.10M | 17.79M | 18.53M | 11.97M |
| Other Long-Term Assets | 10.51M | 8.52M | 10.19M | 6.18M | 4.87M | 7.19M |
| Total Assets | 816.15M | 844.09M | 891.41M | 961.96M | 954.96M | 707.03M |
| Accounts Payable | 15.44M | 18.82M | 9.92M | 6.91M | 7.55M | 11.56M |
| Accrued Expenses | 58.80M | 65.04M | 59.98M | 53.00M | 58.39M | 41.74M |
| Current Portion of Long-Term Debt | 37.06M | 40.82M | 5.30M | 3.42M | 3.34M | 3.74M |
| Current Portion of Leases | 27.22M | 24.85M | 22.07M | 19.18M | 14.83M | 12.57M |
| Current Unearned Revenue | 350.34M | 333.64M | 300.80M | 265.31M | 226.44M | 170.14M |
| Other Current Liabilities | 24.02M | 17.86M | 17.75M | 19.39M | 21.76M | 15.43M |
| Total Current Liabilities | 512.87M | 501.02M | 415.82M | 367.21M | 332.32M | 255.19M |
| Long-Term Debt | 39.29M | 43.62M | 46.70M | 34.61M | ||
| Long-Term Leases | 194.05M | 183.75M | 201.73M | 215.08M | 210.01M | 208.42M |
| Long-Term Unearned Revenue | 379.00K | 220.00K | 2.00M | 5.92M | 7.16M | 4.08M |
| Other Long-Term Liabilities | 4.53M | 4.98M | 5.05M | 3.73M | 2.21M | 891.00K |
| Total Liabilities | 711.83M | 689.97M | 663.89M | 635.56M | 598.39M | 503.19M |
| Common Stock | 2.00K | 2.00K | 2.00K | 2.00K | 2.00K | 2.00K |
| Additional Paid-In Capital | 2.40B | 2.30B | 2.06B | 1.82B | 1.60B | 1.03B |
| Retained Earnings | -2.30B | -2.15B | -1.83B | -1.49B | -1.24B | -829.79M |
| Comprehensive Income & Other | 691.00K | 4.21M | -3.85M | -236.00K | -873.00K | -626.00K |
| Total Common Equity | 104.32M | 154.12M | 227.52M | 326.40M | 356.57M | 203.84M |
| Shareholders' Equity | 104.32M | 154.12M | 227.52M | 326.40M | 356.57M | 203.84M |
| Total Liabilities & Equity | 816.15M | 844.09M | 891.41M | 961.96M | 954.96M | 707.03M |
| Total Debt | 258.33M | 249.42M | 268.39M | 281.30M | 274.88M | 259.35M |
| Net Cash (Debt) | 81.53M | 184.63M | 198.50M | 238.16M | 254.42M | 52.68M |
| Net Cash Per Share | 0.35 | 0.78 | 0.87 | 1.08 | 1.27 | 0.30 |
| Filing Date Shares Outstanding | 228.97M | 238.09M | 233.08M | 224.81M | 214.39M | 189.16M |
| Total Common Shares Outstanding | 230.67M | 237.92M | 232.89M | 224.73M | 214.29M | 188.30M |
| Working Capital | -41.10M | 92.33M | 184.92M | 292.50M | 328.07M | 156.21M |
| Book Value Per Share | 0.45 | 0.65 | 0.98 | 1.45 | 1.66 | 1.08 |
| Tangible Book Value | 30.01M | 129.50M | 210.94M | 315.88M | 356.57M | 203.84M |
| Tangible Book Value Per Share | 0.13 | 0.54 | 0.91 | 1.41 | 1.66 | 1.08 |
| Machinery | 17.46M | 15.97M | 15.52M | 13.85M | 12.13M | 11.01M |
| Construction In Progress | 1.65M | 3.43M | 497.00K | 326.00K | 652.00K | 1.33M |
| Leasehold Improvements | 102.06M | 99.33M | 104.15M | 100.80M | 98.26M | 94.46M |
Cash flow statement
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | -154.24M | -189.02M | -255.54M | -257.03M | -407.77M | -288.34M |
| Depreciation & Amortization | 16.18M | 13.61M | 12.55M | 14.34M | 12.67M | 8.46M |
| Other Amortization | 36.54M | 36.40M | 31.02M | 22.09M | 15.14M | 19.29M |
| Asset Writedown & Restructuring Costs | 30.72M | 30.72M | 6.79M | 5.01M | ||
| Loss (Gain) From Sale of Investments | -1.21M | -2.13M | -5.51M | -3.39M | 62.00K | 784.00K |
| Stock-Based Compensation | 197.17M | 214.84M | 211.27M | 202.42M | 188.96M | 104.53M |
| Provision & Write-off of Bad Debts | 1.97M | 1.87M | 3.19M | 3.14M | 1.92M | 2.26M |
| Other Operating Activities | 19.07M | 18.27M | 17.97M | 18.09M | 15.60M | 23.26M |
| Change in Accounts Receivable | -10.34M | -23.47M | -4.66M | -9.53M | -25.18M | -26.99M |
| Change in Accounts Payable | -2.45M | 7.32M | 4.44M | -569.00K | -4.39M | 7.26M |
| Change in Unearned Revenue | 36.02M | 31.05M | 31.58M | 37.62M | 59.38M | 68.34M |
| Change in Other Net Operating Assets | -39.38M | -49.08M | -38.18M | -50.13M | -16.44M | -2.63M |
| Operating Cash Flow | 130.05M | 90.36M | 14.93M | -17.93M | -160.06M | -83.78M |
| Capital Expenditures | -6.16M | -3.79M | -5.57M | -7.72M | -5.35M | -41.59M |
| Sale (Purchase) of Intangibles | -11.93M | -9.59M | -6.71M | -5.44M | -1.81M | -1.13M |
| Investment in Securities | 170.94M | 50.55M | 6.15M | -275.97M | 71.65M | 70.28M |
| Investing Cash Flow | 81.24M | 37.17M | -6.13M | -289.13M | 64.49M | 27.56M |
| Long-Term Debt Issued | 49.55M | 9.00M | ||||
| Long-Term Debt Repaid | -3.75M | -2.50M | -3.12M | -38.33M | -1.67M | |
| Net Debt Issued (Repaid) | -5.00M | -3.75M | -2.50M | -3.12M | 11.22M | 7.33M |
| Issuance of Common Stock | 14.43M | 18.03M | 22.77M | 19.91M | 370.18M | 29.92M |
| Repurchase of Common Stock | -185.33M | -132.21M | -78.36M | -10.00K | -9.00K | -40.00K |
| Financing Cash Flow | -175.91M | -117.92M | -58.09M | 16.78M | 381.39M | 37.21M |
| Foreign Exchange Rate Adjustments | 350.00K | 5.79M | -2.50M | 389.00K | 335.00K | -461.00K |
| Net Cash Flow | 35.73M | 15.39M | -51.80M | -289.90M | 286.16M | -19.48M |
| Free Cash Flow | 123.89M | 86.57M | 9.36M | -25.65M | -165.41M | -125.37M |
| Free Cash Flow Margin | 14.96% | 10.95% | 1.29% | -3.93% | -30.23% | -33.13% |
| Free Cash Flow Per Share | 0.52 | 0.37 | 0.04 | -0.12 | -0.83 | -0.71 |
| Levered Free Cash Flow | 197.05M | 169.05M | 130.82M | 78.91M | 2.80M | -42.26M |
| Unlevered Free Cash Flow | 198.71M | 170.90M | 133.00M | 81.26M | 4.01M | -41.41M |
| Cash Interest Paid | 2.88M | 2.88M | 5.94M | 3.61M | 1.66M | 833.00K |
| Cash Income Tax Paid | 6.77M | 5.03M | 4.25M | 3.35M | 4.33M | 1.46M |
| Change in Working Capital | -16.14M | -34.19M | -6.81M | -22.61M | 13.37M | 45.97M |
Ratios
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 2.53B | 2.43B | 4.88B | 3.88B | 3.30B | 9.78B |
| Enterprise Value | 2.45B | 2.22B | 4.70B | 3.63B | 3.02B | 9.70B |
| Last Close Price | 11.06 | 10.25 | 21.34 | 17.42 | 15.50 | 52.48 |
| Forward PE | 28.56 | 30.98 | ||||
| PS Ratio | 3.06 | 3.07 | 6.74 | 5.94 | 6.03 | 25.85 |
| PB Ratio | 24.46 | 15.77 | 21.45 | 11.88 | 9.25 | 48.00 |
| P/TBV Ratio | 84.37 | 18.77 | 23.14 | 12.27 | 9.25 | 48.00 |
| P/FCF Ratio | 20.44 | 28.07 | 521.69 | |||
| P/OCF Ratio | 19.47 | 26.89 | 327.03 | |||
| EV/Sales Ratio | 2.96 | 2.81 | 6.49 | 5.57 | 5.51 | 25.63 |
| EV/FCF Ratio | 19.78 | 25.67 | 502.32 | |||
| Debt / Equity Ratio | 2.48 | 1.62 | 1.18 | 0.86 | 0.77 | 1.27 |
| Debt / FCF Ratio | 2.08 | 2.88 | 28.69 | |||
| Net Debt / Equity Ratio | -0.78 | -1.20 | -0.87 | -0.73 | -0.71 | -0.26 |
| Net Debt / EBITDA Ratio | 0.74 | 1.24 | 0.82 | 0.95 | 0.66 | 0.20 |
| Net Debt / FCF Ratio | -0.66 | -2.13 | -21.22 | 9.28 | 1.54 | 0.42 |
| Asset Turnover | 0.97 | 0.91 | 0.78 | 0.68 | 0.66 | 0.53 |
| Quick Ratio | 0.82 | 1.09 | 1.33 | 1.66 | 1.84 | 1.45 |
| Current Ratio | 0.92 | 1.18 | 1.45 | 1.80 | 1.99 | 1.61 |
| Return on Equity (ROE) | -93.80% | -99.06% | -92.27% | -75.27% | -145.52% | -301.85% |
| Return on Assets (ROA) | -9.26% | -11.74% | -17.23% | -17.28% | -29.98% | -23.05% |
| Return on Capital Employed (ROCE) | -41.50% | -47.50% | -53.70% | -44.60% | -64.00% | -58.70% |
| Earnings Yield | -5.90% | -7.78% | -5.24% | -6.63% | -12.36% | -2.95% |
| FCF Yield | 4.89% | 3.56% | 0.19% | -0.66% | -5.01% | -1.28% |
| Buyback Yield / Dilution | -1.39% | -3.20% | -4.11% | -10.18% | -13.40% | -65.88% |