SequelSEC

Asana, Inc. ASAN

Services-Prepackaged Software · CIK 0001477720 · Fiscal year ends 0131

Revenue
$790.81M
Fiscal year ended 2026-01-31
Operating income
-$197.33M
Fiscal year ended 2026-01-31
Free cash flow
$86.57M
Fiscal year ended 2026-01-31

Valuation, from the filing

Public float$1.30BMarket value of stock held by non-affiliates, as stated on the cover page for 2025-07-31
Float / revenue1.6×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity8.4×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-07-31, not today, and each multiple below it uses the figures for the fiscal year ending 2026-01-31 — the year that filing covered.

How this compares in its industry

Percentile among the Services-Prepackaged Software filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Gross margin89.0%96th
SBC / revenue27.2%89th
R&D / revenue38.1%78th
CapEx / revenue0.5%29th
Operating margin-25.0%31th
Net margin-23.9%32th
Current ratio1.18x41th
FCF margin10.9%42th
Revenue YoY growth9.2%44th

Asana, Inc. (ASAN) reported revenue of $790.81M and net income of -$189.02M for the fiscal year ended 2026-01-31. This page shows 8 annual periods of income statement, balance sheet and cash flow figures normalized from Asana, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Services-Prepackaged Software.

Income

Asana, Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-01-312025-01-312024-01-312023-01-312022-01-312021-01-312020-01-312019-01-31
Revenue$790.81M$723.88M$652.50M$547.21M$378.44M$227.00M$142.61M$76.77M
Cost of revenue$86.76M$77.19M$64.52M$56.56M$38.90M$28.74M$19.88M$13.83M
Gross profit$704.05M$646.68M$587.98M$490.65M$339.54M$198.26M$122.72M$62.94M
Operating income-$197.33M-$266.74M-$270.00M-$407.83M-$265.18M-$175.57M-$119.63M-$52.01M
Net income-$189.02M-$255.54M-$257.03M-$407.77M-$288.34M-$211.71M-$118.59M-$50.93M
Research & development$301.50M$341.47M$324.69M$297.21M$203.12M$121.14M$89.68M$42.58M
Weighted-average diluted sharesshares 236.82Mshares 229.47Mshares 220.41Mshares 200.03Mshares 176.40Mshares 106.34Mshares 70.34MUnavailable
Pretax income-$184.17M-$250.77M-$253.32M-$402.89M-$285.10M-$210.18M-$118.34M-$50.90M
Income tax expense$4.86M$4.76M$3.70M$4.88M$3.24M$1.53M$245.00K$28.00K
Diluted EPS$-0.80$-1.11$-1.17$-2.04$-1.63$-1.99$-1.69Unavailable
Selling, general & administrative$599.88M$571.95M$533.29M$601.27M$401.60M$252.69M$152.68M$72.37M
General & administrative$192.93M$152.00M$141.33M$166.31M$118.70M$76.21M$46.84M$20.26M
Selling & marketing$406.95M$419.95M$391.96M$434.96M$282.90M$176.48M$105.84M$52.11M

Balance

Asana, Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-01-312025-01-312024-01-312023-01-312022-01-312021-01-312020-01-312019-01-31
Cash & equivalents$199.84M$184.73M$236.66M$526.56M$240.40M$259.88M$306.02M$23.78M
Total assets$844.09M$891.42M$961.96M$954.96M$707.04M$731.12M$421.69MUnavailable
Current assets$593.35M$600.74M$659.72M$660.39M$411.39M$445.76M$380.63MUnavailable
Total liabilities$689.97M$663.89M$635.56M$598.39M$503.20M$743.91M$316.43MUnavailable
Current liabilities$501.02M$415.82M$367.21M$332.32M$255.19M$163.48M$100.13MUnavailable
Total equity incl. NCI$154.12M$227.52M$326.40M$356.57M$203.84M-$12.79M-$145.32M-$181.01M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailable$0$250.58M$250.37M
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivable$110.31M$87.57M$88.33M$82.36M$59.08M$32.19M$12.66MUnavailable
Goodwill$0UnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debtUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts payable$18.82M$9.92M$6.91M$7.55M$11.56M$9.60M$7.55MUnavailable

Cash flow

Asana, Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-01-312025-01-312024-01-312023-01-312022-01-312021-01-312020-01-312019-01-31
Operating cash flow$90.36M$14.92M-$17.93M-$160.06M-$83.78M-$92.87M-$40.14M-$30.18M
Capital expenditures$3.79M$5.57M$7.72M$5.35M$41.59M$57.34M$6.88M$2.85M
Investing cash flow$37.17M-$6.13M-$289.14M$64.49M$27.56M-$158.94M$12.66M-$44.66M
Financing cash flow-$117.92M-$58.09M$16.78M$381.39M$37.21M$201.00M$311.60M$55.29M
Net change in cash$15.39M-$51.80M-$289.90M$286.16M-$19.48M-$50.80M$284.10M-$19.54M
Stock-based compensation$214.84M$211.27M$202.42M$188.96M$104.53M$34.22M$48.39M$8.55M
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchases$132.21M$78.35M$0$9.00K$40.00K$33.00K$77.00K$14.00K
Depreciation & amortization$22.00M$17.50M$14.30M$12.70M$8.50M$3.50M$2.20M$4.20M

Derived

Asana, Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-01-312025-01-312024-01-312023-01-312022-01-312021-01-312020-01-312019-01-31
Free cash flow$86.57M$9.36M-$25.65M-$165.41M-$125.37M-$150.21M-$47.01M-$33.03M
Gross margin89.0%89.3%90.1%89.7%89.7%87.3%86.1%82.0%
Operating margin-25.0%-36.8%-41.4%-74.5%-70.1%-77.3%-83.9%-67.8%
FCF margin10.9%1.3%-3.9%-30.2%-33.1%-66.2%-33.0%-43.0%
SBC / revenue27.2%29.2%31.0%34.5%27.6%15.1%33.9%11.1%
Current ratio1.18x1.44x1.80x1.99x1.61x2.73x3.80xUnavailable
Revenue YoY growth9.2%10.9%19.2%44.6%66.7%59.2%85.8%Unavailable
Net margin-23.9%-35.3%-39.4%-74.5%-76.2%-93.3%-83.2%-66.3%
R&D / revenue38.1%47.2%49.8%54.3%53.7%53.4%62.9%55.5%
CapEx / revenue0.5%0.8%1.2%1.0%11.0%25.3%4.8%3.7%
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open ASAN in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-09-03View SEC filing
10-Q · Filed 2026-05-28View SEC filing
10-K · Filed 2026-03-13View SEC filing
10-Q · Filed 2025-12-02View SEC filing
10-Q · Filed 2025-09-03View SEC filing
10-Q · Filed 2025-06-03View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.