Asana, Inc. (ASAN) Income Statement
ASAN FY2026 at a glance
Fiscal year ended January 31, 2026 · U.S. dollarsASAN revenue and net income
Where ASAN's revenue goes
FY2026Each bar shows an amount and its share of revenue. ASAN kept −23.9% of revenue as net income.
ASAN profit margins
ASAN growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +9.2% | +13.1% | +28.4% | — |
| Gross profit | +8.9% | +12.8% | +28.8% | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ASAN quarterly EPS vs estimates
Asana beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: December 1, 2026 (estimate $-0.17).
ASAN income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $790.8M | $723.9M | $652.5M | $547.2M | $378.4M | $227.0M | $142.6M | $76.8M |
| Cost of revenue | $86.8M | $77.2M | $64.5M | $56.6M | $38.9M | $28.7M | $19.9M | $13.8M |
| Gross profit | $704.0M | $646.7M | $588.0M | $490.7M | $339.5M | $198.3M | $122.7M | $62.9M |
| Research & development | $301.5M | $341.5M | $324.7M | $297.2M | $203.1M | $121.1M | $89.7M | $42.6M |
| Sales, general & admin | $599.9M | $572.0M | $533.3M | $601.3M | $401.6M | $252.7M | $152.7M | $72.4M |
| Total operating expenses | $901.4M | $913.4M | $858.0M | $898.5M | $604.7M | $373.8M | $242.4M | $115.0M |
| Operating income | −$197.3M | −$266.7M | −$270.0M | −$407.8M | −$265.2M | −$175.6M | −$119.6M | −$52.0M |
| Interest income | $15.8M | $19.8M | $21.1M | $6.9M | $506,000 | $1.6M | $1.8M | $1.3M |
| Interest expense | $3.1M | $3.7M | $4.0M | $2.0M | $18.4M | $36.2M | $78,000 | $0 |
| Income before taxes | −$184.2M | −$250.8M | −$253.3M | −$402.9M | −$285.1M | −$210.2M | −$118.3M | −$50.9M |
| Income taxes | $4.9M | $4.8M | $3.7M | $4.9M | $3.2M | $1.5M | $245,000 | $28,000 |
| Net income | −$189.0M | −$255.5M | −$257.0M | −$407.8M | −$288.3M | −$211.7M | −$118.6M | −$50.9M |
| EBITDA | −$159.0M | −$229.5M | −$235.0M | −$388.2M | −$258.3M | −$154.1M | −$116.0M | −$46.7M |
| EPS (diluted) | $0.27 | −$0.40 | −$0.21 | −$1.05 | −$0.92 | −$0.97 | −$1.05 | −$0.34 |
| Gross margin | 89.0% | 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% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $216.4M | $205.1M | $205.6M | $201.0M | $196.9M | $187.3M | $188.3M | $183.9M | $179.2M | $172.4M | $171.1M | $166.5M |
| Cost of revenue | $30.3M | $25.4M | $25.0M | $22.3M | $20.2M | $19.2M | $19.6M | $19.8M | $20.0M | $17.8M | $17.4M | $16.1M |
| Gross profit | $186.1M | $179.7M | $180.6M | $178.7M | $176.7M | $168.0M | $168.7M | $164.1M | $159.2M | $154.6M | $153.7M | $150.4M |
| Research & development | $81.7M | $66.1M | $73.2M | $73.8M | $79.4M | $75.1M | $84.2M | $83.3M | $91.2M | $82.8M | $83.0M | $81.0M |
| Sales, general & admin | $145.6M | $128.3M | $141.4M | $174.9M | $146.8M | $136.8M | $148.1M | $141.0M | $144.9M | $138.0M | $138.7M | $132.8M |
| Total operating expenses | $227.3M | $194.4M | $214.6M | $248.7M | $226.2M | $211.9M | $232.3M | $224.3M | $236.0M | $220.8M | $221.7M | $213.9M |
| Operating income | −$41.2M | −$14.7M | −$34.0M | −$70.0M | −$49.5M | −$43.9M | −$63.6M | −$60.2M | −$76.8M | −$66.2M | −$67.9M | −$63.4M |
| Interest income | $2.4M | $3.9M | $3.4M | $4.1M | $4.1M | $4.2M | $4.2M | $4.8M | $5.4M | $5.4M | $5.4M | $6.1M |
| Interest expense | $645,000 | $649,000 | $793,000 | $767,000 | $797,000 | $791,000 | $852,000 | $934,000 | $955,000 | $942,000 | $1.0M | $1.0M |
| Income before taxes | −$39.9M | −$13.0M | −$31.2M | −$67.1M | −$46.9M | −$38.9M | −$60.9M | −$56.2M | −$71.0M | −$62.8M | −$61.6M | −$61.0M |
| Income taxes | −$757,000 | $1.4M | $1.0M | $1.3M | $1.4M | $1.2M | $1.4M | $1.2M | $1.2M | $971,000 | $759,000 | $796,000 |
| Net income | −$39.2M | −$14.4M | −$32.2M | −$68.4M | −$48.4M | −$40.0M | −$62.3M | −$57.3M | −$72.2M | −$63.7M | −$62.4M | −$61.8M |
| EBITDA | −$32.7M | −$6.3M | −$24.3M | −$60.6M | −$41.0M | −$33.1M | −$55.2M | −$50.8M | −$65.8M | −$57.8M | −$56.7M | −$56.4M |
| EPS (diluted) | −$0.15 | −$0.06 | $0.08 | $0.08 | $0.06 | $0.05 | −$0.27 | −$0.02 | −$0.05 | −$0.06 | −$0.04 | −$0.04 |
| Gross margin | 86.0% | 87.6% | 87.8% | 88.9% | 89.7% | 89.7% | 89.6% | 89.2% | 88.8% | 89.7% | 89.8% | 90.4% |
| Operating margin | −19.0% | −7.2% | −16.5% | −34.8% | −25.1% | −23.4% | −33.8% | −32.7% | −42.9% | −38.4% | −39.7% | −38.1% |
| Net margin | −18.1% | −7.0% | −15.7% | −34.0% | −24.6% | −21.4% | −33.1% | −31.2% | −40.3% | −37.0% | −36.5% | −37.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in ASAN's financial statements (latest annual report filed March 13, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ASAN financial results
In fiscal year 2026 (ended January 31, 2026), Asana reported revenue of $790.8 million, up 9.2% from the year before. It had a net loss of $189.0 million, a net profit margin of −23.9%. Diluted earnings per share came to $0.27. Over five years revenue grew at an average rate of 28.4% a year.
See the ASAN stock overview for the latest quote and news, or the ASAN chart for price history and technical indicators.
ASAN income statement FAQ
What is Asana's annual revenue?
Asana reported total revenue of $790.8 million for fiscal year 2026, which ended on January 31, 2026. That was up 9.2% from $723.9 million the previous year.
Is Asana profitable?
No. Asana reported a net loss of $189.0 million in fiscal 2026, a net profit margin of −23.9%; its operating margin was −25.0%.
What is Asana's gross margin?
Asana's gross margin was 89.0% in fiscal 2026: for every $100 of revenue, Asana kept $89 after the direct cost of its products and services.
How much does Asana spend on research and development?
Asana spent $301.5 million on research and development in fiscal 2026, 38.1% of revenue.
How fast is Asana growing?
Revenue grew 28.4% a year on average over the last five fiscal years, from $227.0 million to $790.8 million.
What are Asana's earnings per share?
Asana earned $0.27 per diluted share in fiscal 2026, compared with $-0.40 a year earlier.
When will Asana report its next earnings?
Asana is expected to report results for the quarter ending October 31, 2026 on December 1, 2026.
When does Asana's fiscal year end?
Asana's fiscal year ends in January. The latest annual report covers the year ended January 31, 2026 and was filed on March 13, 2026.