Asana, Inc.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-189.0M | $-255.5M | $-257.0M | $-407.8M | $-288.3M | $-211.7M | $-118.6M | $-50.9M |
| Depreciation & Amortization | $22.0M | $17.5M | $14.3M | $12.7M | $8.5M | $3.5M | $2.2M | $4.2M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $214.8M | $211.3M | $202.4M | $189.0M | $104.5M | $34.2M | $48.4M | $8.5M |
| Net Cash from Operating Activities | $90.4M | $14.9M | $-17.9M | $-160.1M | $-83.8M | $-92.9M | $-40.1M | $-30.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $3.8M | $5.6M | $7.7M | $5.4M | $41.6M | $57.3M | $6.9M | $2.9M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $37.2M | $-6.1M | $-289.1M | $64.5M | $27.6M | $-158.9M | $12.7M | $-44.7M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $132.2M | $78.4M | $0 | $9.0K | $40.0K | $33.0K | $77.0K | $14.0K |
| Net Cash from Financing Activities | $-117.9M | $-58.1M | $16.8M | $381.4M | $37.2M | $201.0M | $311.6M | $55.3M |
| Net Change in Cash | $15.4M | $-51.8M | $-289.9M | $286.2M | $-19.5M | $-50.8M | $284.1M | $-19.5M |
| Free Cash Flow | $86.6M | $9.4M | $-25.7M | $-165.4M | $-125.4M | $-150.2M | $-47.0M | $-33.0M |