Asana, Inc.(ASAN)— Stock Profile, AI Score & Financials
Technology · NYSE · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
Asana, Inc. (ASAN) stock profile, AI quality score, and SEC EDGAR financial data, a Technology sector company. 13F Pro's AI-powered ranking engine scores ASAN at 42.8/100 on a 32-signal composite quality model, placing it at rank #1,997 of 2,962 stocks — the bottom half of the AI-ranked universe. Areas of concern include balance sheet strength (11.8) and profitability (19.1), which score below median versus the broader universe. Shareholder dilution risk is elevated at 6.8/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), Asana, Inc. reports quarterly revenue of $216.4M, net income of $-39.2M, an operating margin of -19.1%. Top institutional holders of ASAN by reported 13-F value include BlackRock, VANGUARD PORTFOLIO MANAGEMENT, ARROWSTREET CAPITAL, LIMITED PARTNERSHIP, based on the most recent SEC filings. ASAN trades on the NYSE exchange and files with the SEC under CIK 1477720. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate ASAN daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Asana, Inc. directly from SEC EDGAR.
AI Quality Score
42.8/100
AI Rank
#1,997
Revenue
$216.4M
Net Income
$-39.2M
Free Cash Flow
$44.6M
Operating Margin
-19.1%
ASAN key financials by period
Asana, Inc. reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2026
10-K
$790.8M
$-189.0M
-24.9%
FY 2025
10-K
$723.9M
$-255.5M
-36.9%
FY 2024
10-K
$652.5M
$-257.0M
-41.4%
FY 2023
10-K
$547.2M
$-407.8M
-74.5%
FY 2022
10-K
$378.4M
$-288.3M
-70.1%
FY 2021
10-K
$227.0M
$-211.7M
-77.3%
Institutions holding ASAN
Institutional investors reporting a position in Asana, Inc. on SEC Form 13F.
AI-extracted from the 10-Q filed 2026-09-03 — Q2 FY2027 (quarter ended July 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Revenue grew 10% YoY to $216.4M in Q2 FY2027, driven by new customer additions and shift to higher-priced Enterprise+ plans, while operating loss narrowed to $41.2M from $49.5M.
Biggest Revenue Drivers
Subscription revenues from paying customers$216.4M+10% YoY
Primarily driven by addition of new paying customers and continued shift in sales mix toward higher priced Enterprise+ subscription plan.
Biggest Revenue Drivers
Total revenue: $216.4M+10% YoY
Subscription revenues from paying customers$216.4M+10% YoY
Primarily driven by addition of new paying customers and continued shift in sales mix toward higher priced Enterprise+ subscription plan.
Largest Expense Items
Sales and marketing$104.4M-2% YoY
Decrease in personnel-related costs, professional fees, and cloud computing costs, partially offset by increased subscription and software expenses.
Research and development$81.7M+3% YoY
Increase in subscription and software related expenses and personnel-related costs, partially offset by increased capitalized internal-use software.
Cost of revenues$30.3M+50% YoY
Increase in third-party hosting costs, infrastructure-related costs, and personnel-related expenses, plus StackAI acquisition amortization.
General and administrative$41.2M+3% YoY
Increase in professional fees and subscription software expenses, offset by lower personnel-related costs.
Margins: Gross margin declined to 86% from 90% YoY, primarily due to a 50% increase in cost of revenues driven by higher third-party hosting and infrastructure costs. The company expects gross margin to remain relatively consistent over the long term.
Watch Items from the Filing
AWS long-term commitment: $172M remaining purchase obligations through November 2029, with $58M due in fiscal 2030 alone, representing significant fixed cloud infrastructure costs.
Credit facility expiration: November 2022 Senior Secured Credit Facility matures November 7, 2026 (within 3 months of filing date); refinancing success uncertain.
Dollar-based net retention rate of 97% (Core customers 98%) shows modest expansion but below prior-year comparison rates; macroeconomic headwinds cited as ongoing concern.
StackAI acquisition ($74.6M in May 2026) introduces $56.6M goodwill and $18.2M intangibles; goodwill not tax-deductible, creating impairment risk if synergies unrealized.
Operating loss of $41.2M persists despite 10% revenue growth; accumulated deficit now $2.3B; company states no near-term path to profitability expected.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
