Asana, Inc. ASAN R2K
Asana, Inc., together with its subsidiaries, operates a work management software platform for individuals, team leads, and executives in the United States and internationally. The company provides work management products; Asana Work Graph, a proprietary data model that maps; AI Teammates, collaborative AI agents that work like real teammates to accelerate outcomes; Asana AI Studio, is a complementary product for designing AI workflows to automate routine, structured, and repeatable processes; and Asana Gov, a secure platform designed for government agencies and regulated industries to deliver mission-critical programs. The company also offers a platform that supports project and process management, goals and business reporting, resource management, and strategic planning and portfolio management. The company uses a hybrid go-to-market approach, combining a product-led model, direct sales, and channel partners to serve customers in various industries, such as technology, retail, education, non-profit, government, healthcare, hospitality, media, manufacturing, professional services, and financial services. The company was formerly known as Smiley Abstractions, Inc. and changed its name to Asana, Inc. in July 2009. Asana, Inc. was incorporated in 2008 and is headquartered in San Francisco, California.
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Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Compounding revenue at 13.1% over 5 years.
- Profit CAGR of 17.9% over 5 years.
- Generates positive free cash flow.
CONS
- Trading 59.5% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | ASAN Asana, Inc. R2K | 7.70 | - | $1.83B | - | -52.76% | -87.55% | 13.06% | 17.88% |
| 2 | NVDA NVIDIA Corporation NDXSPXAI | 211.14 | 32.38 | $5.11T | 0.47% | 81.14% | 114.29% | 100.05% | 201.80% |
| 3 | AAPL Apple Inc. NDXSPX | 312.06 | 37.73 | $4.58T | 0.35% | 68.72% | 141.47% | 1.81% | 3.92% |
| 4 | MSFT Microsoft Corporation NDXSPXAI | 450.24 | 26.82 | $3.34T | 0.81% | 26.37% | 34.01% | 12.42% | 11.87% |
| 5 | TSM Taiwan Semiconductor Manufacturing Company Limited AI | 418.45 | 35.86 | $2.17T | 0.91% | 32.04% | 36.21% | 18.94% | 19.57% |
| 6 | MU Micron Technology, Inc. NDXSPXAI | 971.00 | 45.87 | $1.10T | 0.06% | 14.20% | 39.82% | 6.71% | -0.57% |
| 7 | AMD Advanced Micro Devices, Inc. NDXSPXAI | 516.10 | 172.61 | $841.55B | - | 6.33% | 8.06% | 13.64% | 48.64% |
| 8 | ORCL Oracle Corporation SPXAI | 225.78 | 40.46 | $649.35B | 0.89% | 13.07% | 57.57% | 10.59% | 22.81% |
| 9 | ASML ASML Holding N.V. NDXAI | 1,612.76 | 53.76 | $621.59B | 0.54% | 43.81% | 52.24% | 15.55% | 19.55% |
Quarterly Results
Figures in USD.
| Metric | Oct 2019 | Apr 2020 | Jul 2020 | Oct 2020 | Apr 2021 | Jul 2021 | Oct 2021 | Apr 2022 | Jul 2022 | Oct 2022 | Apr 2023 | Jul 2023 | Oct 2023 | Apr 2024 | Jul 2024 | Oct 2024 | Jan 2025 | Apr 2025 | Jul 2025 | Oct 2025 | Jan 2026 | Apr 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 38.08M | 47.71M | 52.02M | 58.91M | 76.67M | 89.48M | 100.34M | 120.65M | 134.90M | 141.44M | 152.41M | 162.46M | 166.50M | 172.45M | 179.21M | 183.88M | 188.33M | 187.27M | 196.94M | 201.03M | 205.57M | 205.09M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 19.60M | 19.23M | 20.22M | 22.31M | 25.00M | 25.41M |
| Gross Profit | 32.75M | 41.50M | 45.00M | 51.58M | 68.76M | 79.61M | 90.76M | 108.21M | 121.14M | 126.28M | 137.56M | 146.22M | 150.45M | 154.64M | 159.22M | 164.08M | 168.73M | 168.04M | 176.72M | 178.73M | 180.57M | 179.68M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 232.32M | 211.94M | 226.17M | 248.71M | 214.55M | 194.92M |
| Operating Income | -63.09M | -29.09M | -33.58M | -61.93M | -49.98M | -60.05M | -68.09M | -96.23M | -111.27M | -101.11M | -65.25M | -73.38M | -63.42M | -66.17M | -76.80M | -60.18M | -63.59M | -43.90M | -49.46M | -69.99M | -33.98M | -15.24M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -55.20M | -33.11M | -41.00M | -60.57M | -24.30M | -6.29M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 852.00K | 791.00K | 797.00K | 767.00K | 793.00K | 649.00K |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -60.86M | -38.87M | -46.95M | -67.14M | -31.21M | -12.99M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.44M | 1.15M | 1.41M | 1.29M | 1.00M | 1.42M |
| Net Income | -62.80M | -35.84M | -41.07M | -73.29M | -60.66M | -68.36M | -69.28M | -98.87M | -112.97M | -100.91M | -61.47M | -71.41M | -61.75M | -63.72M | -72.19M | -57.33M | -62.30M | -40.02M | -48.36M | -68.43M | -32.21M | -14.40M |
| Diluted EPS | - | -0.47 | -0.54 | -0.65 | -0.37 | -0.40 | -0.37 | -0.52 | -0.59 | -0.49 | -0.28 | -0.33 | -0.28 | -0.28 | -0.31 | -0.25 | -0.27 | -0.17 | -0.20 | -0.29 | -0.14 | -0.06 |
| R&D Expense | 39.71M | 22.38M | 25.96M | 33.00M | 39.97M | 48.45M | 53.79M | 65.20M | 75.23M | 75.51M | 76.32M | 84.37M | 81.03M | 82.79M | 91.15M | 83.29M | - | 75.13M | 79.38M | 73.81M | - | - |
Profit & Loss (Annual)
Figures in USD.
| Metric | Jan 2019 | Jan 2020 | Jan 2021 | Jan 2022 | Jan 2023 | Jan 2024 | Jan 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 76.77M | 142.61M | 227.00M | 378.44M | 547.21M | 652.50M | 723.88M | 790.81M |
| Cost of Revenue | - | - | - | - | 56.56M | 64.52M | 77.19M | 86.76M |
| Gross Profit | 62.94M | 122.72M | 198.26M | 339.54M | 490.65M | 587.98M | 646.68M | 704.05M |
| Operating Expenses | - | - | - | - | 898.48M | 857.98M | 913.42M | 901.38M |
| Operating Income | -52.01M | -119.63M | -175.57M | -265.18M | -407.83M | -270.00M | -266.74M | -197.33M |
| EBITDA | - | - | - | - | -388.22M | -235.03M | -229.54M | -158.98M |
| Interest Expense | - | - | - | - | 2.00M | 3.95M | 3.68M | 3.15M |
| Pretax Income | - | - | - | - | -402.89M | -253.32M | -250.77M | -184.17M |
| Tax Provision | - | - | - | - | 4.88M | 3.71M | 4.76M | 4.86M |
| Net Income | -50.93M | -118.59M | -211.71M | -288.34M | -407.77M | -257.03M | -255.54M | -189.02M |
| Diluted EPS | - | -1.69 | -1.99 | -1.63 | -2.04 | -1.17 | -1.11 | -0.80 |
| R&D Expense | 42.59M | 89.67M | 121.14M | 203.12M | 297.21M | 324.69M | 341.47M | 301.50M |
Compounded Sales Growth
| 5 Years: | 13.06% |
| 1 Year: | 9.50% |
Compounded Profit Growth
| 5 Years: | 17.88% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | -57.01% |
| 6 Months: | -38.00% |
| 3 Months: | +8.45% |
| 1 Month: | +20.31% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Jan 2018 | Jan 2019 | Jan 2020 | Jan 2021 | Jan 2022 | Jan 2023 | Jan 2024 | Jan 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 421.69M | 731.12M | - | 954.96M | 961.96M | 891.41M | 844.09M |
| Current Assets | - | - | - | - | - | 660.39M | 659.72M | 600.74M | 593.35M |
| Cash & Equivalents | - | 23.78M | 306.02M | 259.88M | - | 526.56M | 236.66M | 184.73M | 199.84M |
| Inventory | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | 82.36M | 88.33M | 87.57M | 110.31M |
| Total Liabilities | - | - | 316.43M | 743.91M | - | 598.39M | 635.56M | 663.89M | 689.97M |
| Current Liabilities | - | - | 100.13M | 163.48M | - | 332.32M | 367.21M | 415.82M | 501.02M |
| Long Term Debt | - | - | - | - | 34.61M | 46.70M | 43.62M | 39.29M | - |
| Total Debt | - | - | - | - | - | 271.54M | 277.88M | 263.09M | 249.42M |
| Total Equity | -142.20M | -181.01M | -145.31M | -12.79M | - | 356.57M | 326.40M | 227.52M | 154.12M |
| Shares Outstanding | - | - | - | - | - | 214.29M | 224.73M | 232.89M | 237.92M |
Cash Flows (Annual)
Figures in USD.
| Metric | Jan 2019 | Jan 2020 | Jan 2021 | Jan 2022 | Jan 2023 | Jan 2024 | Jan 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -30.18M | -40.14M | -92.87M | - | -160.06M | -17.93M | 14.93M | 90.36M |
| Investing Cash Flow | -44.66M | 12.65M | -158.94M | - | 64.49M | -289.13M | -6.13M | 37.17M |
| Financing Cash Flow | 55.29M | 311.60M | 201.00M | - | 381.39M | 16.78M | -58.09M | -117.92M |
| Capital Expenditure | -2.85M | -6.88M | -57.34M | - | -7.16M | -13.16M | -12.28M | -13.38M |
| Free Cash Flow | -33.03M | -47.01M | -150.21M | - | -167.22M | -31.09M | 2.64M | 76.98M |
| Net Change in Cash | - | - | - | - | 285.82M | -290.29M | -49.30M | 9.60M |
| Share Buybacks | 14.00K | 77.00K | 33.00K | 40.00K | 9.00K | 0 | 78.35M | 132.21M |
Ratios (Annual)
Figures in %.
| Metric | Jan 2019 | Jan 2020 | Jan 2021 | Jan 2022 | Jan 2023 | Jan 2024 | Jan 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin % | 82.0% | 86.1% | 87.3% | 89.7% | 89.7% | 90.1% | 89.3% | 89.0% |
| Operating Margin % | -67.8% | -83.9% | -77.3% | -70.1% | -74.5% | -41.4% | -36.8% | -25.0% |
| Net Margin % | -66.3% | -83.2% | -93.3% | -76.2% | -74.5% | -39.4% | -35.3% | -23.9% |
| ROE % | 28.1% | 81.6% | 1,655.4% | - | -114.4% | -78.7% | -112.3% | -122.6% |
| ROCE % | - | -37.2% | -30.9% | - | -65.5% | -45.4% | -56.1% | -57.5% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Vanguard Portfolio Management LLC | 5.19% | 8.71M | $67.04M |
| 2 | Blackrock Inc. | 4.68% | 7.85M | $60.48M |
| 3 | Arrowstreet Capital, Limited Partnership | 4.28% | 7.18M | $55.32M |
| 4 | Shaw D.E. & Co., Inc. | 4.10% | 6.88M | $52.96M |
| 5 | Voya Investment Management LLC | 2.81% | 4.72M | $36.35M |
| 6 | Goldman Sachs Group Inc | 2.48% | 4.17M | $32.08M |
| 7 | Vanguard Capital Management LLC | 2.30% | 3.87M | $29.77M |
| 8 | Morgan Stanley | 2.15% | 3.61M | $27.77M |
| 9 | Two Sigma Investments, LP | 2.06% | 3.46M | $26.68M |
| 10 | Point72 Asset Management, L.P. | 1.91% | 3.20M | $24.66M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
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