Revenue segments as reported by the company.

United States

International

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Research and Development

Sales and Marketing

General and Administrative

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Asana

Asana, Inc. engages in developing a work management platform that helps teams orchestrate work, from daily tasks to cross-functional strategic initiatives. Its workflow solutions include project management, goal management, task management, Kanban boards, Excel project management, PRINCE2 methodology, and project planning. The company was founded by Dustin Moskovitz and Justin Michael Rosenstein on December 16, 2008 and is headquartered in San Francisco, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Asana reports robust Q1 performance, focuses on AI innovation

Asana's Q1 2023 Earnings Call highlighted strong financial performance, a focus on AI innovation, and the company's efforts to scale enterprise selling infrastructure. While facing challenges related to AI impact and market stabilization, Asana sees opportunities in customer expansion, industry diversification, and product innovation.

Asana reports strong Q2 results, focuses on AI monetization

Asana's Q2 performance reflects strong revenue growth and positive cash flow, driven by strategic enterprise deals and continued investment in AI. While facing challenges with customer cohorts and net expansion rates, the company is focused on monetizing AI features and seizing opportunities in the evolving AI landscape.

Asana reports 18% revenue growth and focuses on AI integration

Asana's Q3 2023 Earnings Call highlighted strong revenue growth, enterprise market success, and the introduction of AI-powered features. The company addressed challenges related to macroeconomic headwinds and renewal dynamics while emphasizing opportunities for early renewals and overdelivering on forecasts.

Asana reports strong revenue growth and navigates challenges for growth

Asana's Q4 performance reflects robust revenue growth, operational efficiency improvements, and strong customer retention strategies.
The company's strengths lie in its diverse market presence, innovation focus, and strategic investments for sustainable growth.
While facing challenges from macro uncertainties and leadership changes, Asana sees opportunities in scaling enterprise sales, product innovation, and margin improvement.
Overall, Asana's focus on customer expansion, operational excellence, and cautious optimism positions it well for continued growth and profitability.

Asana reports robust Q1 earnings, eyes AI integration and diversification

Asana's Q1 2024 performance reflects strong revenue growth, improved margins, and a commitment to AI integration and customer trust.
While facing challenges in short-term revenue acceleration and macroeconomic uncertainties, the company aims for positive free cash flow by 2024.
Opportunities lie in capitalizing on positive industry trends, pricing updates, and further diversification outside of tech sectors for sustained growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Asana, Inc. engages in the business of developing a work management platform that helps organizations orchestrate work from daily tasks to cross-functional strategic initiatives. The company was founded by Dustin Moskovitz and Justin Michael Rosenstein on December 16, 2008 and is headquartered in San Francisco, CA.

Earnings were good, but the market is punishing high-growth but richly valued stocks right now.

Why Asana Stock Plunged 28% Today

Asana's (ASAN) third-quarter fiscal 2022 results benefit from an expanding user base and strong retention rate.

Asana (ASAN) Incurs Loss in Q3, User Expansion Aids Top Line

SAN FRANCISCO--(BUSINESS WIRE)--Great Place to Work has honored Asana as one of the Best Workplaces for Parents, recognizing its suite of programs designed to support parents.

Great Place to Work® Names Asana One of the Best Workplaces for Parents™ in 2021, Ranking #38

Analysts see sharp upside in Asana Inc (NYSE:ASAN) post Q3 beat and Q4, FY22 outlook. JMP Securities analyst Patrick Walravens raised the price target to $95 from $85, implying 39.5% upside, and kept an Outperform.

Asana Shares Plunge Post Q3 Beat Due To Slower Growth, Mixed Guidance

The stock price of Asana, Inc. (NYSE: ASAN) fell by over 14% pre-market today. This is why it happened.

Asana (ASAN) Stock: Why The Price Dropped Today

Asana, Inc.'s (ASAN) CEO Dustin Moskovitz on Q3 2022 Results - Earnings Call Transcript

As one of the most pricey software stocks, the bar for Asana's results is high. It has a valuation of about 39 times current year projected sales.

Asana Shares Extend Recent Slide Despite Strong Earnings

Asana Inc.'s X, +0.18% stock initially plunged 14% in extended trading Thursday after the software company led by Meta Platforms Inc. FB, -0.07% co-founder Dustin Moskovitz reported fiscal third-quarter results. Asana reported a net loss of $69.3 million, or 37 cents a share, compared with a net loss of $73.3 million, or 65 cents a share, in the year-ago quarter.

Asana's stock drops 14% on wider loss despite 70% jump in sales

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform for teams, today reported financial results for its third quarter fiscal 2022 ended October 31, 2021. “Q3 was another strong quarter, led by record user adoption and large enterprise wins,” said Dustin Moskovitz, co-founder and chief executive officer of Asana. “We are excited to be announcing that we exceeded two million paid seats and we are landing bigger with larger customers and expandi

Asana Announces Record Third Quarter Fiscal 2022 Revenues; Surpasses $100 Million Quarterly Revenues

Asana (NYSE:ASAN) is set to give its latest quarterly earnings report on Thursday, 2021-12-02. Here's what investors need to know before the announcement.

Earnings Outlook For Asana

Asana's (ASAN) fiscal third-quarter performance is expected to have benefited from expansion of its enterprise customer base.

Asana (ASAN) to Report Q3 Earnings: What's in the Cards?

monday.com

Asana and monday.com are some of the fastest-growing and highest-valued project management software within the tech sector. In digitized work-from-home, many corporations have turned to these platforms to manage collaborations, communication, operations, and structure workflows.

monday.com Vs. Asana Deep-Dive: Exploring The Fastest Growing Tech Segment Of The Enterprise

CrowdStrike

DocuSign

Elastic N.V

Okta

Snowflake

Zscaler

In this overview, we cover the Q3 earnings for the following stocks: Asana, CrowdStrike, Elastic N.V., Snowflake, Okta, DocuSign and Zscaler. These earnings previews help our readers keep track of changes in trends and where to focus for new opportunities.

Preview Of 7 Cloud Stocks For Q3 Earnings - December Edition

Asana, Inc. (ASAN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will Asana, Inc. (ASAN) Report Negative Earnings Next Week? What You Should Know

Asana has built a niche business that has exploded as remote work has become more popular.

Is Asana Still a Buy After Jumping 280% in 2021?

Fiverr

Cloudflare

Interest rates are up and that's not good for growth stocks.

Why Technology Stocks Plunged on Monday

DigitalOcean Holdings

Palantir Technologies

President Joe Biden's news regarding the central bank has tech stocks down amid rising bond yields. What should investors be watching for?

ASAN, DOCN, CRWD, PLTR: Why Are Tech Stocks Down Today?

Dropbox

Datadog

SentinelOne

Zoom Video

Is slower growth decay and higher gross margins causing the rich valuations seen among software stocks today?

Are Software Stocks In A Bubble Or A New Paradigm?

Here's why investors in Asana and ASAN stock are decrying some of the recent happenings around the Federal Reserve of late. The post ASAN Stock Alert: Why Is Asana Falling Nearly 20% Today?

ASAN Stock Alert: Why Is Asana Falling Nearly 20% Today?

Asana (ASAN) Outperforming Other Computer and Technology Stocks This Year?

Has Asana (ASAN) Outpaced Other Computer and Technology Stocks This Year?

Asana, Inc. (ASAN) closed the most recent trading day at $135.29, moving -0.81% from the previous trading session.

Asana, Inc. (ASAN) Stock Sinks As Market Gains: What You Should Know

The shares of Asana Inc (NYSE: ASAN) have received a $143 price target from KeyBanc. These are the details.

Asana (ASAN) Stock: $143 Price Target From KeyBanc

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc (NYSE: ASAN) (LTSE: ASAN), a leading work management platform for teams, today announced the appointment of Amit Singh to its Board of Directors. “I'm excited to welcome Amit to Asana's Board of Directors as we further strengthen our enterprise position and category leadership in helping the world's largest organizations orchestrate their work and achieve their goals,” said Dustin Moskovitz, CEO, Asana. “Amit's track record of driving scale and go-to m

Asana Names Enterprise Veteran Amit Singh to Board of Directors

Asana benefits from the secular trend of hybrid work. The favorable winds are evident in its recent earnings. The company is valued very richly both compared to its addressable market and to its peers.

Sidelined On Asana

Bill.com

MongoDB

Shopify

Atlassian

In the analysis below, we give a brief overview of our universe of cloud stocks and discuss key metrics that investors should be aware of heading into Q3 earnings. Looking forward, Bill.com (BILL) and Snowflake are expected to be the fastest-growing cloud stocks in our universe.

News for Asana Stock (ASAN)