Companies /Technology

Asana Inc - Class A

NYSE: ASAN Software - Application
$10.23
â–² $0.79 (+8.32%) today
Markets open · 1:17pm ET

Q4 2026 Earnings

Reported Mar 2, 2026, 4:11pm ET · SEC source
$0.08
Beat +13.15%
EPS · est. $0.07
$205.6M
Beat +0.22%
Revenue · est. $205.1M
−10.8%
Trailing market
ASAN vs S&P since report
4 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−10%−5%0+5%Mar 2Mar 3report 4:11pm ETearnings−1.0%−1.3%
−10%−5%0+5%Mar 2Mar 3earnings−1.0%−1.3%
ASAN −1.3%S&P 500 −1.0%
−10%−5%0+5%Mar 2Mar 3report 4:11pm ETearnings−1.1%−1.3%
−10%−5%0+5%Mar 2Mar 3earnings−1.1%−1.3%
ASAN −1.3%NASDAQ −1.1%
0+6%+12%Mar 2Mar 10report 4:11pm ETearnings−1.2%+3.7%
0+6%+12%Mar 2Mar 10earnings−1.2%+3.7%
ASAN +3.7%S&P 500 −1.2%
0+6%+12%Mar 2Mar 10report 4:11pm ETearnings+0.1%+3.7%
0+6%+12%Mar 2Mar 10earnings+0.1%+3.7%
ASAN +3.7%NASDAQ +0.1%
+1.92%
Day of report
+4.17%
Next session
−1.21%
One week
−14.38%
30 days

S&P 500 over the same 30 days: −3.60%.

Did ASAN Beat Earnings? Q4 2026 Results

Asana closed out its fiscal fourth quarter of 2026 with results that told a clear profitability story, posting non-GAAP EPS of $0.08 against a consensus estimate of $0.07, a beat of 13.15%, while revenue of $205.57 million edged past the $205.13 million estimate and grew 9.2% year-over-year. The headline driver was a dramatic improvement in operating efficiency, with non-GAAP operating margin reaching 8.8%, a 10 percentage point swing from negative 0.9% a year ago, and the company swinging to non-GAAP net income of $19.94 million compared to a near-breakeven loss the prior year. Operating cash flow grew 74% to $27.59 million, underscoring the scale of the operational shift. AI momentum added a forward-looking dimension, with AI Studio exceeding $6 million in ARR and management projecting AI products to contribute nearly 15% of new ARR in fiscal 2027. Looking ahead, Asana guided full-year FY2027 revenue of $850 million to $858 million, representing 7.5% to 8.5% growth, with non-GAAP operating margin expanding to at least 9.5%.

Key Takeaways
  • Continued productivity and efficiency gains across the organization driving margin expansion
  • Strong retention among largest customers and improving underlying usage trends
  • Non-GAAP operating margin improved 10 percentage points year-over-year to 8.8%
  • GAAP operating margin improved over 17 percentage points year-over-year
  • Revenues from Core customers grew 10% year over year

“FY26 was a year of meaningful progress as we advanced Asana into a multi-product platform and strengthened our position as the foundational system of action layer for the Agentic Enterprise. We exited Q4 with improving enterprise productivity, strong renewal performance, and rapid adoption of AI Studio. The expected launch of AI Teammates later this quarter marks the next phase of our AI platform, embedding agents directly into the coordinated flow of work. Our Work Graph, task-based system of action, and enterprise governance provide the persistent memory and accountability required to move agents from experimentation to trusted execution at scale.”

Asana CEO, on the earnings call

Forward Guidance & Outlook

For Q1 FY2027, Asana expects revenues of $202.5 million to $204.5 million (8.1%-9.2% YoY growth), non-GAAP operating profit of $15 million to $17 million (7.4%-8.3% non-GAAP operating margin), and non-GAAP EPS of $0.07 to $0.08 on approximately 241 million diluted shares. For full fiscal year 2027, Asana expects revenues of $850 million to $858 million (7.5%-8.5% YoY growth), non-GAAP operating margin of at least 9.5%, and non-GAAP EPS of $0.36 to $0.37 on approximately 243 million diluted shares.

ASAN YoY Financials

Q4 2026 vs Q4 2025 · SEC filings Q4 2025 Q4 2026
$0$70.0M$140.0M$210.0M$188.3M$205.6MRevenue$168.7M$180.6MGross Profit$-23,188,455$-33,985,000Operating Income$-21,722,975$-32,213,000Net Income
$0$70.0M$140.0M$210.0MRevenueGross ProfitOperating IncomeNet Income

Figures from SEC filings and company reports. Not investment advice.