Asana, Inc.
Business
Asana is a SaaS work management platform that enables individuals, teams, and organizations to coordinate work and align execution to business goals. The platform provides project management, goals tracking, resource management, portfolio management, and AI-powered execution capabilities through a tiered, seat-based subscription model (Personal, Starter, Advanced, Enterprise, Enterprise+). Asana operates globally across 200+ countries with over 180,000 paying customers and employs a hybrid go-to-market model combining product-led adoption, direct sales, and channel partners.
Summary from 10-K filed 2026-03-13
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2026 2026-01-31 | FY 2025 2025-01-31 | FY 2024 2024-01-31 | FY 2023 2023-01-31 | FY 2022 2022-01-31 |
|---|---|---|---|---|---|---|
| Revenues | 791 | 724 | 653 | 547 | 378 | |
| Cost of revenues | 87 | 77 | 65 | 57 | 39 | |
| Gross profit | 704 | 647 | 588 | 491 | 340 | |
| Research and development | 301 | 341 | 325 | 297 | 203 | |
| Sales and marketing | 407 | 420 | 392 | 435 | 283 | |
| General and administrative | 193 | 152 | 141 | 166 | 119 | |
| Total operating expenses | 901 | 913 | 858 | 898 | 605 | |
| Loss from operations | −197 | −267 | −270 | −408 | −265 | |
| Interest income and other income (expense), net | 16 | 20 | 21 | 7 | −2 | |
| Interest expense | −3 | −4 | −4 | −2 | — | |
| Loss before provision for income taxes | −184 | −251 | −253 | −403 | −285 | |
| Provision for income taxes | 5 | 5 | 4 | 5 | 3 | |
| Net loss | −189 | −256 | −257 | −408 | −288 | |
| Basic (in usd per share) | −0.8 | −1.11 | −1.17 | −2.04 | −1.63 | |
| Diluted (in usd per share) | −0.8 | −1.11 | −1.17 | −2.04 | −1.63 | |
| Basic (in shares) | 237 | 229 | 220 | 200 | 176 | |
| Diluted (in shares) | 237 | 229 | 220 | 200 | 176 |
Consolidated Balance Sheet
| Concept | Trend | FY 2026 2026-01-31 | FY 2025 2025-01-31 | FY 2024 2024-01-31 | FY 2023 2023-01-31 | FY 2022 2022-01-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 200 | 185 | 237 | 527 | 240 | |
| Marketable securities | 234 | 282 | 283 | 3 | — | |
| Restricted cash | 400,000 | 100,000 | 0 | — | — | |
| Accounts receivable, net | 110 | 88 | 88 | 82 | 59 | |
| Prepaid expenses and other current assets | 49 | 46 | 52 | 49 | 40 | |
| Total current assets | 593 | 601 | 660 | 660 | 411 | |
| Property and equipment, net | 88 | 96 | 97 | 95 | 100 | |
| Operating lease right-of-use assets | 133 | 167 | 182 | 176 | 174 | |
| Other assets | 29 | 28 | 24 | 23 | 19 | |
| Total assets | 844 | 891 | 962 | 955 | 707 | |
| Accounts payable | 19 | 10 | 7 | 8 | 12 | |
| Accrued expenses and other current liabilities | 124 | 83 | 76 | 83 | 61 | |
| Deferred revenue, current | 334 | 301 | 265 | 226 | 170 | |
| Operating lease liabilities, current | 25 | 22 | 19 | 15 | 13 | |
| Total current liabilities | 501 | 416 | 367 | 332 | 255 | |
| Term loan, net, noncurrent | 0 | 39 | 44 | 47 | 35 | |
| Deferred revenue, noncurrent | 220,000 | 2 | 6 | 7 | 4 | |
| Operating lease liabilities, noncurrent | 184 | 202 | 215 | 210 | 208 | |
| Other liabilities | 5 | 5 | 4 | 2 | 891,000 | |
| Total liabilities | 690 | 664 | 636 | 598 | 503 | |
| Commitments and contingencies (Note 7) | — | — | — | — | — | |
| Common stock, $0.00001 par value; Class A common stock - 1,000,000 shares authorized as of January 31, 2026 and January 31, 2025; 162,019 and 147,476 shares issued and outstanding as of January 31, 2026 and January 31, 2025, respectively; Class B common stock - 500,000 shares authorized as of January 31, 2026 and January 31, 2025; 75,897 and 85,412 shares issued and outstanding as of January 31, 2026 and January 31, 2025, respectively | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | |
| Additional paid-in capital | 2,300 | 2,060 | 1,821 | 1,595 | 1,034 | |
| Accumulated other comprehensive income (loss) | 4 | −4 | −236,000 | −873,000 | −626,000 | |
| Accumulated deficit | −2,150 | −1,828 | −1,495 | −1,238 | −830 | |
| Total stockholders equity | 154 | 228 | 326 | 357 | 204 | |
| Total liabilities and stockholders equity | 844 | 891 | 962 | 955 | 707 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2026 2026-01-31 | FY 2025 2025-01-31 | FY 2024 2024-01-31 | FY 2023 2023-01-31 | FY 2022 2022-01-31 |
|---|---|---|---|---|---|---|
| Allowance for expected credit losses | 2 | 3 | 3 | 2 | 2 | |
| Depreciation and amortization | 22 | 18 | 14 | 13 | 8 | |
| Amortization of deferred contract acquisition costs | 28 | 26 | 22 | 15 | 9 | |
| Stock-based compensation expense | 215 | 211 | 202 | 189 | 105 | |
| Net accretion of discount on marketable securities | −2 | −6 | −3 | 62,000 | 784,000 | |
| Non-cash lease expense | 18 | 18 | 18 | 16 | 17 | |
| Impairment of long-lived assets | 31 | 7 | 5 | — | — | |
| Amortization of discount on revolving credit facility and term loan issuance costs | 122,000 | 122,000 | 122,000 | 41,000 | 11 | |
| Accounts receivable | −23 | −5 | −10 | −25 | −27 | |
| Prepaid expenses and other current assets | −29 | −20 | −26 | −24 | −24 | |
| Other assets | −631,000 | −4 | −468,000 | −4 | −11 | |
| Accounts payable | 7 | 4 | −569,000 | −4 | 7 | |
| Accrued expenses and other liabilities | 3 | 7 | −5 | 26 | 24 | |
| Deferred revenue | 31 | 32 | 38 | 59 | 68 | |
| Operating lease liabilities | −23 | −20 | −19 | −14 | 8 | |
| Net cash provided by (used in) operating activities | 90 | 15 | −18 | −160 | −84 | |
| Purchases of marketable securities | −179 | −234 | −319 | −72 | −62 | |
| Sales of marketable securities | 23 | 0 | 18,000 | 0 | 373,000 | |
| Maturities of marketable securities | 206 | 241 | 43 | 144 | 132 | |
| Purchases of property and equipment | −4 | −6 | −8 | −5 | −42 | |
| Capitalized internal-use software costs | −10 | −7 | −5 | −2 | −1 | |
| Net cash provided by (used in) investing activities | 37 | −6 | −289 | 64 | 28 | |
| Repayment of term loan | −4 | −3 | −3 | −38 | −2 | |
| Repurchases of common stock | −132 | −78 | 0 | −9,000 | −40,000 | |
| Proceeds from exercise of stock options | 5 | 9 | 5 | 6 | 17 | |
| Proceeds from employee stock purchase plan | 13 | 14 | 15 | 17 | 13 | |
| Taxes paid related to net share settlement of equity awards | 0 | −5,000 | −10,000 | 0 | 0 | |
| Net cash (used in) provided by financing activities | −118 | −58 | 17 | 381 | 37 | |
| Effect of foreign exchange rates on cash, cash equivalents, and restricted cash | 6 | −3 | 389,000 | 335,000 | −461,000 | |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | 15 | −52 | −290 | 286 | −19 | |
| Cash paid for income taxes | 5 | 4 | 3 | 4 | 1 | |
| Cash paid for interest | 3 | 6 | 4 | 2 | 833,000 | |
| Purchase of property and equipment in accounts payable and accrued expenses | 3 | 633,000 | 140,000 | 598,000 | 571,000 | |
| Stock-based compensation expense capitalized for software development | 7 | 5 | 4 | 959,000 | 673,000 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Asana, Inc.'s CIK number?
Asana, Inc.'s SEC CIK number is 0001477720 (1477720). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Asana, Inc.'s SEC filings?
All of Asana, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Asana, Inc. last report earnings?
Asana, Inc. (ASAN) most recently filed an earnings 8-K with the SEC on May 28, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001477720-26-000037). This is Asana, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Asana, Inc.'s most recent earnings 8-K?
Asana, Inc.'s latest earnings 8-K (Item 2.02) was filed May 28, 2026 under accession 0001477720-26-000037. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Asana, Inc.'s latest earnings 8-K →
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