Asana, Inc. (ASAN)
Asana, Inc., alongside its subsidiaries, offers a comprehensive work management platform designed for individual contributors, team leaders, and top executives across the United States and globally. This platform empowers teams to coordinate diverse types of work, from routine daily tasks to complex, company-wide strategic initiatives. It facilitates the management of various projects, including new product rollouts, marketing campaigns, and the establishment of organizational goals. Asana serves a wide array of clients in sectors such as technology, retail, education, non-profit organizations, government, healthcare, media, and financial services. The company was founded in 2008 as Smiley Abstractions, Inc., and officially changed its name to Asana, Inc. in July 2009. Its corporate headquarters are situated in San Francisco, California.
Sector: Services-Prepackaged Software
Industry: Software - Application
Asana, Inc.
NYSE:ASANTechnology · Software - Application
+4.52%$12.02
AH Close$11.92-0.83%vs close
AH Close$11.92-0.83%vs close
Mkt Cap$2.75B
Float91.6M
O/S228.97M
Inst Own46.2%
SI21.5%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$790.81M
Net Income-$189.02M
Total Assets$844.09M
Free Cash Flow$86.57M
Debt & Equity
Debt 62%
Equity 38%
Total Debt$249.42M
Total Equity$154.12M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in ASAN's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$844.09M
Liabilities$689.97M
Accounts Receivable$110.31M
Accounts Payable$18.82M
Inventory$0
PP&E (Net)$221.74M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-01-31 | 2025-01-31 | 2024-01-31 | 2023-01-31 | 2022-01-31 | 2021-01-31 | 2020-01-31 | 2019-01-31 |
| Revenue | $790.81M | $723.88M | $652.5M | $547.21M | $378.44M | $227M | $142.61M | $76.77M |
| YoY Growth | 9.2% | 10.9% | 19.2% | 44.6% | 66.7% | 59.2% | 85.8% | - |
| Cost of Revenue | $86.76M | $77.19M | $64.52M | $56.56M | $38.9M | $28.74M | $19.88M | $13.83M |
| Gross Profit | $704.05M | $646.68M | $587.98M | $490.65M | $339.54M | $198.26M | $122.72M | $62.94M |
| Gross Margin | 89.0% | 89.3% | 90.1% | 89.7% | 89.7% | 87.3% | 86.1% | 82.0% |
| Research and Development | $301.5M | $341.47M | $324.69M | $297.21M | $203.12M | $121.14M | $89.67M | $42.59M |
| Selling, General, and Administrative | $599.88M | $571.95M | $533.29M | $601.27M | $401.6M | $252.69M | $152.68M | $72.37M |
| Other | $0 | $0 | $0 | -$1.78M | -$1.09M | -$30K | -$390K | -$177K |
| Total Operating Expenses | $901.38M | $913.42M | $857.98M | $898.48M | $604.72M | $373.83M | $242.36M | $114.95M |
| Operating Income (EBIT) | -$197.33M | -$266.74M | -$270M | -$407.83M | -$265.18M | -$175.57M | -$119.63M | -$52.01M |
| Operating Margin | -25.0% | -36.8% | -41.4% | -74.5% | -70.1% | -77.3% | -83.9% | -67.8% |
| Interest Expense | $3.15M | $3.68M | $3.95M | $2M | $18.39M | $36.18M | $78K | $0 |
| Interest Income | $15.81M | $19.85M | $21.13M | $7.91M | $506K | $956K | $1.75M | $1.11M |
| Other Income (Expense) | $13.16M | $15.96M | $16.67M | $4.93M | -$19.92M | -$34.61M | $1.29M | $1.11M |
| Income Before Tax (EBT) | -$184.17M | -$250.77M | -$253.32M | -$402.89M | -$285.11M | -$210.18M | -$118.34M | -$50.9M |
| Income Tax Expense | $4.86M | $4.76M | $3.71M | $4.88M | $3.24M | $1.53M | $245K | $28K |
| Net Income | -$189.02M | -$255.54M | -$257.03M | -$407.77M | -$288.34M | -$211.71M | -$118.59M | -$50.93M |
| Net Income Margin | -23.9% | -35.3% | -39.4% | -74.5% | -76.2% | -93.3% | -83.2% | -66.3% |
| Supplementary Data | ||||||||
| EPS | -0.80 | -1.11 | -1.17 | -2.04 | -1.63 | -1.31 | -0.75 | -0.34 |
| Diluted EPS | -0.80 | -1.11 | -1.17 | -2.04 | -1.63 | -1.31 | -0.75 | -0.34 |
| Weighted Average OS | 236.82M | 229.47M | 220.41M | 200.03M | 176.40M | 161.48M | 158.70M | 149.59M |
| EBITDA | -$158.98M | -$229.54M | -$235.03M | -$388.22M | -$258.26M | -$170.51M | -$116.03M | -$46.67M |
| EBITDA Margin | -20.1% | -31.7% | -36.0% | -70.9% | -68.2% | -75.1% | -81.4% | -60.8% |
Balance Sheet
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-01-31 | 2025-01-31 | 2024-01-31 | 2023-01-31 | 2022-01-31 | 2021-01-31 | 2020-01-31 | 2019-01-31 |
| Assets | ||||||||
| Current Assets | ||||||||
| Cash and Cash Equivalents | $199.84M | $184.73M | $236.66M | $526.56M | $240.4M | $259.88M | $306.02M | $23.78M |
| Short-Term Investments | $234.21M | $282.16M | $282.8M | $2.74M | $71.63M | $126.4M | $45.29M | $64.19M |
| Cash and Short-Term Investments | $434.05M | $466.88M | $519.46M | $529.3M | $312.03M | $386.27M | $351.31M | $87.97M |
| Accounts Receivable | $110.31M | $87.57M | $88.33M | $82.36M | $59.09M | $32.19M | $12.66M | $5.59M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $8.26M |
| Other Current Assets | $33.6M | $28.85M | $26.9M | $23.59M | $17.31M | $10.6M | $6.19M | $2.13M |
| Total Current Assets | $593.35M | $600.74M | $659.72M | $660.39M | $411.39M | $445.76M | $380.63M | $103.16M |
| Long-Term Assets | ||||||||
| Property, Plant & Equipment Net | $221.74M | $262.38M | $278.27M | $271.17M | $273.71M | $257.36M | $30.92M | $4.1M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $2.76M | $19.13M | $4.66M | $2.8M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $29M | $28.29M | $23.97M | $23.4M | $19.17M | $8.87M | $5.48M | $3.69M |
| Total Long-Term Assets | $250.74M | $290.67M | $302.24M | $294.57M | $295.64M | $285.36M | $41.06M | $10.59M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $844.09M | $891.41M | $961.96M | $954.96M | $707.03M | $731.12M | $421.69M | $113.75M |
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts Payable | $18.82M | $9.92M | $6.91M | $7.55M | $11.56M | $9.6M | $7.55M | $3.65M |
| Short-Term Debt | $40.82M | $5.3M | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $26.2M | $20.22M | $21.41M | $11.17M | $2.96M | $3.31M | $2.29M |
| Current Unearned Revenue | $333.64M | $300.8M | $265.31M | $226.44M | $170.14M | $103.88M | $62.73M | $31.92M |
| Other Current Liabilities | $17.86M | $17.75M | $22.82M | $61.15M | $44.01M | $31.01M | $14.76M | $5.59M |
| Total Current Liabilities | $501.02M | $415.82M | $367.21M | $332.32M | $255.19M | $163.48M | $100.13M | $43.49M |
| Long-Term Liabilities | ||||||||
| Long-Term Debt | $0 | $39.29M | $43.62M | $46.7M | $34.61M | $380.67M | $203.1M | $0 |
| Long-Term Unearned Revenue | $220K | $2M | $5.92M | $7.16M | $4.1M | $2M | $1.4M | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | -$4.1M | -$2M | -$1.4M | $0 |
| Other Long-Term Liabilities | $4.98M | $5.05M | $3.73M | $2.21M | $4.97M | $2.96M | $253.31M | $251.26M |
| Total Long-Term Liabilities | $188.95M | $248.07M | $268.35M | $266.07M | $248.01M | $580.43M | $466.88M | $251.26M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $689.97M | $663.89M | $635.56M | $598.39M | $503.19M | $743.91M | $567.01M | $294.76M |
| Stockholders' Equity | ||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $250.58M | $250.37M |
| Common Stock | $2K | $2K | $2K | $2K | $2K | $2K | $1K | $1K |
| Retained Earnings | -$2.15B | -$1.83B | -$1.49B | -$1.24B | -$829.79M | -$541.45M | -$329.74M | -$211.15M |
| Comprehensive Income & Other | $4.21M | -$3.85M | -$236K | -$873K | -$626K | $39K | -$102K | -$80K |
| Other Stockholders' Equity | $2.3B | $2.06B | $1.82B | $1.59B | $1.03B | $528.65M | $184.42M | $30.14M |
| Total Equity | $154.12M | $227.52M | $326.4M | $356.57M | $203.84M | -$12.79M | -$145.31M | -$181.01M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $844.09M | $891.41M | $961.96M | $954.96M | $707.03M | $731.12M | $421.69M | $113.75M |
| Supplementary Data | ||||||||
| Total Debt | $249.42M | $268.39M | $277.88M | $271.54M | $255.61M | $585.86M | $225.18M | $0 |
| Net Debt | $49.58M | $83.66M | $41.22M | -$255.02M | $15.2M | $325.98M | -$80.84M | -$23.78M |
Cash Flow Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-01-31 | 2025-01-31 | 2024-01-31 | 2023-01-31 | 2022-01-31 | 2021-01-31 | 2020-01-31 | 2019-01-31 |
| Operating Activities | ||||||||
| Net Income | -$189.02M | -$255.54M | -$257.03M | -$407.77M | -$288.34M | -$211.71M | -$118.59M | -$50.93M |
| Depreciation & Amortization | $22.04M | $17.54M | $14.34M | $12.67M | $8.46M | $3.49M | $2.23M | $4.23M |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $1.32M | -$246K | -$690K |
| Stock-Based Compensation | $214.84M | $211.27M | $202.42M | $188.96M | $104.53M | $34.23M | $48.39M | $8.55M |
| Changes in Working Capital: | ||||||||
| Accounts Receivable | -$23.47M | -$4.66M | -$9.53M | -$25.18M | -$26.99M | -$20.46M | -$7.72M | -$3.43M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $4.85M | -$9.78M | -$3.69M |
| Accounts Payable | $7.32M | $4.44M | -$569K | -$4.39M | $7.26M | -$2.88M | $3.47M | $362K |
| Other Working Capital | -$18.03M | -$6.6M | -$12.51M | $42.94M | $65.71M | $41.78M | $32.19M | $15.09M |
| Total Working Capital Change | -$34.19M | -$6.81M | -$22.61M | $13.37M | $45.97M | $23.29M | $18.17M | $8.34M |
| Other Non-Cash Items | $76.69M | $48.46M | $44.94M | $32.71M | $45.59M | $56.52M | $9.91M | $322K |
| Net Cash from Operating | $90.36M | $14.93M | -$17.93M | -$160.06M | -$83.78M | -$92.87M | -$40.14M | -$30.18M |
| Investing Activities | ||||||||
| Capital Expenditures | -$3.79M | -$5.57M | -$7.72M | -$7.16M | -$42.72M | -$58.31M | -$7.26M | -$3.41M |
| Acquisitions | $0 | $0 | $0 | $1.81M | $1.13M | $962K | $384K | $557K |
| Purchases of Investments | -$179.16M | -$234.45M | -$319.13M | -$72.22M | -$62.39M | -$191.58M | -$77.76M | -$103.2M |
| Sales of Investments | $229.7M | $240.6M | $43.16M | $143.87M | $132.67M | $90.93M | $97.68M | $61.95M |
| Other Investing Activities | -$9.59M | -$6.71M | -$5.44M | -$1.81M | -$1.13M | -$950K | -$384K | -$557K |
| Net Cash from Investing | $37.17M | -$6.13M | -$289.13M | $64.49M | $27.56M | -$158.94M | $12.65M | -$44.66M |
| Financing Activities | ||||||||
| Debt Repaid | $3.75M | $2.5M | $3.13M | -$11.22M | -$7.33M | -$180.91M | -$300M | - |
| Common Stock Issuance | $18.03M | $0 | $19.91M | $347.29M | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | -$132.21M | -$78.35M | -$10K | -$9K | -$40K | -$33K | -$77K | -$14K |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $22.76M | -$10K | $22.89M | $29.92M | $20.5M | $11.67M | $4.3M |
| Net Cash from Financing | -$117.92M | -$58.09M | $16.78M | $381.39M | $37.21M | $201M | $311.6M | $55.29M |
| Forex Effect | $5.79M | -$2.5M | $389K | $335K | -$461K | $3K | -$19K | $4K |
| Net Change in Cash | $15.39M | -$51.8M | -$289.9M | $286.16M | -$19.48M | -$50.8M | $284.1M | -$19.55M |
| Supplementary Data | ||||||||
| Operating Cash Flow | $90.36M | $14.93M | -$17.93M | -$160.06M | -$83.78M | -$92.87M | -$40.14M | -$30.18M |
| Capital Expenditure | -$3.79M | -$5.57M | -$13.16M | -$7.16M | -$42.72M | -$58.31M | -$7.26M | -$3.41M |
| Free Cash Flow | $86.57M | $9.36M | -$31.09M | -$167.22M | -$126.5M | -$151.18M | -$47.4M | -$33.59M |
| Cash at Beginning | $184.86M | $236.66M | $526.56M | $240.4M | $259.88M | $310.68M | $26.58M | $46.13M |
| Cash at End | $200.25M | $184.86M | $236.66M | $526.56M | $240.4M | $259.88M | $310.68M | $26.58M |