ASAN Q3 2026

Q1 2027 Q4 2026 Q3 2026 Q2 2026

Earnings

Asana posted a clean beat across the board in its fiscal third quarter, with the work management software company reporting revenue of $201.03 million, up 9.3% year over year and ahead of the $198.78 million consensus, while non-GAAP EPS of $0.07 top… Read more Asana posted a clean beat across the board in its fiscal third quarter, with the work management software company reporting revenue of $201.03 million, up 9.3% year over year and ahead of the $198.78 million consensus, while non-GAAP EPS of $0.07 topped the $0.06 analyst estimate by 13.09%. The most material driver of the profit improvement was a decisive swing in non-GAAP operating income to $16.34 million from a loss of $7.63 million a year earlier, reflecting meaningful cost discipline even as GAAP results remained pressured by a $30.72 million impairment charge on long-lived assets. Enterprise momentum provided further support, with customers spending $100,000 or more annually growing 15% to 785. Still, a dollar-based net retention rate of 96% signals ongoing contraction within the existing customer base, a point Morgan Stanley analysts flagged alongside concerns about SMB headwinds and valuation. Looking ahead, Asana guided Q4 revenue of $204.00 million to $206.00 million and raised the high end of its full-year revenue outlook to $789.00 million to $791.00 million.