Pricing Log in Create free account
Saturday 17 October 2026 Export ASAN’s income statement to Excel — free account

Asana, Inc.

ASAN Technology Software Application

Asana, Inc.’s revenue for fiscal 2026 (year ended January 2026) was $790.8 million, up 9.25% from fiscal 2025. In the quarter to July 2026, revenue grew 9.90%, EPS grew 15.0%, free cash flow grew 390.7% and total debt fell 10.8%, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for three.

9.86 0.56 −5.37%
Market cap
$2.4B
P/E
0.0×
Fwd P/E
−20.5×
Dividend yield
—
F-score
5/9
Altman Z
−1.16
Beneish M
−3.91
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 26.26
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — 5 — — 7 — — 7 — 1 4 1
Insider Ownership 61.15%

Capital & Financial Ratios $m

Market Cap 2,390.00
Revenue 828.13
Net Income 71.00
Free Cash Flow 245.57
Net Debt (340.69)
Current Ratio 0.92 (below 1: weak)
Debt/Equity 0.00 (at or below 0.5: strong)
P/E ratio 0.00
Fwd P/E (20.50) (negative: loss-making)
P/S ratio 2.75
P/B ratio 21.82 (above 6: high)
Past 5Y EPS Growth —
This Y EPS Growth 38.14% (at or above 15%: strong)
Next Y EPS Growth 21.92% (at or above 15%: strong)
Next Y revenue growth 8.95%
Next 5Y EPS Growth 27.91% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 2.4×, against a ten-year median of 5.8×; over the ten years it ranged from 1.4× in 2026 to 77.8× in 2021.
P/S against its own 10 years 11.16%
10-year low 10-year high
P/B against its own 10 years 71.31%
10-year low 10-year high
EV/Sales against its own 10 years 11.23%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2026 Powerpack
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2024 2025 2026 Q'26
Cash 519 467 434 341
Receivables 88 88 110 79
Inventory — — — —
Other — — — —
660 601 593 472
2024 2025 2026 Q'26
Payables 7 10 19 15
ST’ Debt — — — —
Other — — — —
367 416 501 513

Compound Annual Growth %

10y 5y 3y
Sales — 28.35% 13.06%
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% (24.39%)

Revenue $m

Apr Jul Oct Jan Year
’26 205 216 — — —
’26 187 197 201 206 791
’25 172 179 184 188 724
’24 152 162 167 171 653
’23 121 135 141 150 547
’22 77 89 100 112 378
’21 48 52 59 68 227
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Apr Jul Oct Jan Year
’26 40 46 — — —
’26 7 40 16 28 90
’25 (2) 16 (15) 16 15
’24 (15) 20 (8) (15) (18)
’23 (41) (42) (46) (31) (160)
’22 (7) (9) (28) (39) (84)
’21 (18) (22) (34) (18) (93)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Apr Jul Oct Jan Year
’26 34 174 — — —
’26 4 35 13 24 77
’25 (4) 13 (18) 12 3
’24 (17) 15 (11) (17) (31)
’23 (42) (42) (49) (34) (167)
’22 (25) (21) (39) (41) (127)
’21 (21) (33) (57) (39) (151)
Fiscal quarters ending in the months shown.

EPS $

Apr Jul Oct Jan Year
’26 (0.06) (0.17) — — —
’26 (0.17) (0.20) (0.29) (0.14) (0.80)
’25 (0.28) (0.31) (0.25) (0.27) (1.11)
’24 (0.28) (0.33) (0.28) (0.28) (1.17)
’23 (0.52) (0.59) (0.49) (0.44) (2.04)
’22 (0.37) (0.40) (0.37) (0.48) (1.63)
’21 (0.47) (0.54) (0.65) (0.39) (1.99)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.7
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to January

Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 2027e 2028e 2029e
Price, $
Price, $ Low — — — 20.57 25.41 12.29 11.32 11.05 11.58 5.38

Analyst estimates 2027–2029

Powerpack
High — — — 32.51 145.79 76.93 26.27 27.77 24.50 13.87
People
People Employees — — 910 — 1,080 1,666 1,782 1,840 1,819 1,767
Revenue/emp, $m — — 0.00 0.00 0.21 0.23 0.31 0.35 0.40 0.45
Income, $m
Income, $m Revenue — — 77 143 227 378 547 653 724 791
Gross margin, % — — 81.98 86.06 87.34 89.72 89.66 90.11 89.34 89.03
EBT — — (51) (118) (210) (285) (403) (253) (251) (184)
EBT margin, % — — (66.30) (82.99) (92.59) (75.34) (73.63) (38.82) (34.64) (23.29)
Net income — 0 0 (119) (212) (288) (408) (257) (256) (189)
Depreciation — — 5 4 30 28 28 36 44 50
Per share, $
Per share, $ Revenue — — 1.18 2.03 2.13 2.15 2.74 2.96 3.15 3.34
Earnings — — (0.78) (1.69) (1.99) (1.63) (2.04) (1.17) (1.11) (0.80)
Cash flow — — (0.46) (0.57) (0.87) (0.47) (0.80) (0.08) 0.07 0.38
Capex — — (0.05) (0.10) (0.55) (0.24) (0.04) (0.06) (0.05) (0.06)
Free cash flow — — (0.51) (0.67) (1.42) (0.72) (0.84) (0.14) 0.01 0.33
Book value — — 0.00 1.50 (0.12) 1.16 1.78 1.48 0.99 0.65
Shares, m — — 65 70 106 176 200 220 229 237
Valuation, ×
Valuation, × P/E — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
P/S — — 0.00 0.00 24.88 24.46 5.67 5.88 6.76 2.97
P/B — — 0.00 0.00 0.00 45.42 8.70 11.76 21.52 15.23
EV/Sales — — 0.00 0.00 24.85 23.73 4.78 5.16 6.17 2.46
EV/FCF — — (16.55) (16.55) (37.56) (70.99) (15.66) (108.18) 1,690.96 25.31
Cash, $m
Cash, $m Operating cash flow — — (30) (40) (93) (84) (160) (18) 15 90
Capex — — (3) (7) (58) (43) (7) (13) (12) (13)
Free cash flow — — (34) (47) (151) (127) (167) (31) 3 77
Balance, $m
Balance, $m Working capital — — 59 281 282 156 328 293 185 92
Total debt — — — 203 381 35 47 44 39 —
Net debt — — (88) (148) (6) (277) (483) (476) (428) (434)
Shareholders’ equity — — — 105 (13) 204 357 326 228 154
Returns, %
Returns, % ROA — — 0.00 (56.24) (36.73) (40.10) (49.07) (26.82) (27.58) (21.78)
ROIC — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
ROE — — 31.21 72.68 267.81 (301.85) (145.52) (75.27) (92.26) (99.06)
Negative figures in brackets.

All 10 years →

Fiscal years to Jan 2026 · latest quarter Jul 2026

Charts ten years each

Asana, Inc. vs peers in Software Application (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
PLUS ePlus inc. $2.5B 20.5× 17.6× +0.99% (above 0%: growing) −18.18% (below 0%: shrinking) +175.78% (above 0%: growing) 23.31% 5.98% Compare
ADEA Adeia Inc. $2.4B 18.1× 40.6× +12.11% (above 0%: growing) +6.67% (above 0%: growing) +94.36% (above 0%: growing) 100.00% 26.40% Compare
ASAN Asana, Inc. $2.4B — (loss-making) — (loss-making) +9.90% (above 0%: growing) n/m +390.69% (above 0%: growing) 85.99% (19.05%)
BLKB Blackbaud, Inc. $2.3B 15.9× 9.0× +3.04% (above 0%: growing) +46.30% (above 0%: growing) +46.16% (above 0%: growing) 61.31% 21.34% Compare
BTDR Bitdeer Technologies Group $2.3B — (loss-making) — (loss-making) +47.05% (above 0%: growing) n/m +5.54% (above 0%: growing) (3.73%) (44.47%) Compare
DBD Diebold Nixdorf, Incorporated $2.3B 21.5× — +1.70% (above 0%: growing) +36.36% (above 0%: growing) −327.56% (below 0%: shrinking) 25.74% 6.17% Compare
NCNO nCino Inc. $2.2B 66.2× 43.6× +8.19% (above 0%: growing) n/m +170.13% (above 0%: growing) 62.59% 8.46% Compare
VERX Vertex, Inc. $2.2B 389× 73.1× +10.52% (above 0%: growing) n/m −86.05% (below 0%: shrinking) 64.37% (2.18%) Compare
SOUN SoundHound AI, Inc. $2.2B — (loss-making) — (loss-making) +45.02% (above 0%: growing) n/m −49.37% (below 0%: shrinking) 45.12% (69.95%) Compare
Median of peers $2.3B 21.0× 40.6× +9.36% +21.51% +25.85% 53.22% 6.08%

All 237 Software Application stocks →

Asana, Inc. (ASAN) key facts

  • Concern: Asana, Inc. reported a net loss of $189.0 million, or a loss of $0.80 per share, for fiscal 2026.
  • Strength: Asana, Inc.’s revenue for fiscal 2026 (year ended January 2026) was $790.8 million, up 9.25% from fiscal 2025.
  • Asana, Inc. (ASAN) is a Software Application company in the Technology sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, ASAN traded at $9.86, a market capitalization of $2.4 billion.
  • Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 2.7× sales.
  • Return on equity was −99.1% and debt-to-equity 0.00.
  • Its Piotroski F-score is 5 out of 9 and its Altman Z-score is −1.16 (distress zone) for fiscal 2026.

Source: company filings (standardised) and stockrow calculations.

Asana, Inc. (ASAN) Latest News

4 Sep

Impact 5 ·
stockrow.com/ASAN · Data as of Jul 31, 2026 · For information only; not investment advice. · © 2026 stockrow.com