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

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

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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.

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Cost of revenue

Gross profit

Operating expenses

SG&A

Other

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EBITDA

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Earnings per share

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Net PPE

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Stockholders equity

Minority interest

Total liabilities & equity

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Book value per share

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Purchase/sale of investments

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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.

SYDNEY--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN) (LTSE: ASAN), a leading work management platform for organisations, today released its State of Work Innovation: Australia 2024 Report, an in-depth analysis around the evolution and future of work in Australia. The research conducted by Asana's Work Innovation Lab surveyed the behaviours and attitudes of more than 2,000 professionals in Australia, finding that today's workers struggle with high workload, lack of clarity, and digital exhaustion.

Asana Reveals State of Work Innovation: Australia 2024 Report: 95% of Australian Workers Say Organizations Need to Innovate How Teams Collaborate and Communicate

Earnings show Asana isn't "getting fit" like rivals are.

1 Tech Stock Turnaround That's Failing Before Our Eyes

Asana, Inc. (NYSE:ASAN ) Q4 2024 Earnings Conference Call March 11, 2024 4:30 PM ET Company Participants Catherine Buan - Head, Investor Relations Dustin Moskovitz - Co-Founder & Chief Executive Officer Anne Raimondi - Chief Operating Officer & Head of Business Tim Wan - Chief Financial Officer Conference Call Participants Michael Funk - Bank of America Pat Walravens - Citizens JMP Josh Baer - Morgan Stanley George Iwanyc - Oppenheimer Pinjalim Bora - JPMorgan Taylor McGinnis - UBS Steve Enders - Citi Rishi Jaluria - RBC Capital Markets Rob Oliver - Baird Ethan Bruck - Wolfe Research Operator Thank you for standing by, and welcome to Asana's Fourth Quarter and Fiscal Year 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Asana, Inc. (ASAN) Q4 2024 Earnings Call Transcript

Asana, Inc. (ASAN) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to loss of $0.15 per share a year ago.

Asana, Inc. (ASAN) Reports Q4 Loss, Tops Revenue Estimates

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform, today reported financial results for its fourth quarter and fiscal year ended January 31, 2024. “Asana's Q4 and fiscal year results beat expectations on the top and bottom line. Overall revenue growth was better than our guidance, and operating margin improved significantly during the year, as we target to be free cash flow positive by the end of this year,” said Dustin Moskovitz, co-founde.

Asana Announces Fourth Quarter and Fiscal Year 2024 Results

Asana, Inc. (ASAN) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

All You Need to Know About Asana, Inc. (ASAN) Rating Upgrade to Strong Buy

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IKT, POST, ASAN, ACMR and HENKY have been added to the Zacks Rank #1 (Strong Buy) List on February 8, 2023.

New Strong Buy Stocks for February 8th

Asana's stock has not seen the same recent rallies as other tech peers, making it a reasonably valued software vendor at 5x forward revenue. Asana's long-term demand will be boosted by the shift to remote and distributed teams, as well as additions to its AI capabilities. Growth is stable in the mid-teens, and the company notes it is seeing stabilization to recent macro headwinds.

Asana: Large 2024 Opportunity Lies Ahead

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform, announced today that it will release financial results for the fourth quarter and fiscal year 2024 on Monday, March 11, after the close of the U.S. markets. In conjunction with the announcement, the company will host a webcast on the same day at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) to discuss the financial results. The live webcast and replay will be available on the Asana Invest.

Asana to Announce Fourth Quarter and Fiscal Year 2024 Financial Results on Monday, March 11, 2024

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S, ASAN, PRLD, EMKR and SNAP have been added to the Zacks Rank #1 (Strong Buy) List on January 25, 2023.

New Strong Buy Stocks for January 25th

Asana (ASAN) has seen solid earnings estimate revision activity over the past two months, and belongs to a strong industry as well.

How Asana (ASAN) Stock Stands Out in a Strong Industry

Asana is a top performer in the work management solutions sector with impressive revenue growth and high customer retention rate. The company's innovative features, high gross profit margins, and seamless integration with third-party applications position it as a leader in the industry. Despite challenges such as single-product focus and profitability concerns, Asana's proactive approach and competitive valuation make it well-positioned for future growth.

Asana: Positioning Itself As A Leader In The Work Management Solutions Sector

Asana (ASAN) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Why Asana (ASAN) Stock Might be a Great Pick

Asana (ASAN) opens an office in Warsaw, with the aim of bringing a new batch of smart and competent workers to its EMEA operations.

Asana (ASAN) Expands Globally With New Office in Poland

SAN FRANCISCO--(BUSINESS WIRE)--Asana, a leading enterprise work management platform, today announced the opening of a new office location in Warsaw, Poland. This location will mark Asana's 13th global office and sixth office within the EMEA region. New team members in Warsaw will focus on further developing strategic integrations between Asana's platform and other enterprise tools. “Poland is rapidly becoming a critical innovation hub within Europe, and we're excited about the opportunity to b.

Asana Opens Office in Warsaw, Poland

SAN FRANCISCO--(BUSINESS WIRE)--Asana, a leading enterprise work management platform, has been recognized as a Leader in the Gartner® Magic Quadrant™ for Collaborative Work Management. In the Magic Quadrant™, Gartner® positioned Asana as furthest in Completeness of Vision.* “Today's enterprise leaders need tools that connect the work being done across individuals, teams, and departments to broader company goals in order to drive outcomes and revenue,” said Anne Raimondi, Asana's Chief Operating.

Asana Recognized as a Leader in the 2023 Gartner® Magic Quadrant™ for Collaborative Work Management

Project management and work collaboration software-as-a-service (SaaS) provider Asana Inc. NYSE: ASAN reported top and bottom line estimate beats and raised its Q4 guidance on its Q3 2023 earnings report. Investors expected a price gap up-and-go reaction to the strong report but instead were treated to a 20% stock price collapse.

Asana sold the rip. Is it time to buy the dip?

The growth story for Asana looks like it's ending prematurely.

Huge News for Asana, and Investors Aren't Happy

Asana easily beat revenue and earnings estimates with its fiscal third-quarter report. The work management software company also raised its full-year outlook.

Why Asana Stock Dropped Today

Shares of Asana Inc. (ASAN) plunged 16% Wednesday as the maker of work management software warned that the company is facing difficult economic times as customers limit their spending.

Asana Warns About Lackluster Renewals; Shares Fall

Asana, Inc. (NYSE:ASAN ) Q3 2024 Earnings Conference Call December 5, 2023 4:30 PM ET Company Participants Catherine Buan - Head of Investor Relations Dustin Moskovitz - Co-Founder and Chief Executive Officer Anne Raimondi - Chief Operating Officer and Head of Business Tim Wan - Chief Financial Officer Conference Call Participants Josh Baer - Morgan Stanley Alex Zukin - Wolfe Research Taylor McGinnis - UBS Pat Walravens - JMP Securities George Kurosawa - Citi Chris Fountain - RBC Capital Markets Brent Thill - Jefferies Operator Thank you for standing by, and welcome to Asana's Third Quarter Fiscal Year 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Asana, Inc. (ASAN) Q3 2024 Earnings Call Transcript

For the quarter, Asana posted revenue of $166.5 million, up 18% from a year earlier,

Asana Posts Solid Results, but Shares Slide Amid Macro Woes

Asana Inc shares sank as much as 9% in Tuesday's after-hours session after the work management platform's third quarter fiscal 2024 financial results exceeded expectations, but investors punished its stock following another quarterly loss.   The company reported a 3Q adjusted net loss of $0.04 a share on revenue that rose 18% year over year to $166.5 million.

Asana stock falls as 3Q results beat but quarterly losses continue

Asana Inc.'s ASAN, +2.19% stock dropped 6% in extended trading Tuesday after the software company reported quarterly results. Asana reported a fiscal-third-quarter net loss of $61.8 million, or 28 cents a share, compared with a net loss of $100.9 million, or 49 cents a share, in the same quarter a year ago.

Asana's stock is falling after another quarterly loss

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform, today reported financial results for its third quarter fiscal 2024 ended October 31, 2023. “Asana's Q3 results beat expectations on the top and bottom line. Overall revenue growth was better than our guidance, revenues from our Core customers grew 20 percent, and operating margin improved significantly year over year," said Dustin Moskovitz, co-founder and chief executive officer of Asana.

News for Asana Stock (ASAN)