Asana, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $790.8M | $723.9M | $652.5M | $547.2M | $378.4M | $227.0M | $142.6M | $76.8M |
| Cost of Revenue | $86.8M | $77.2M | $64.5M | $56.6M | $38.9M | $28.7M | $19.9M | $13.8M |
| Gross Profit | $704.0M | $646.7M | $588.0M | $490.7M | $339.5M | $198.3M | $122.7M | $62.9M |
| Gross Margin | 89.0% | 89.3% | 90.1% | 89.7% | 89.7% | 87.3% | 86.1% | 82.0% |
| Operating Expenses | ||||||||
| Research & Development | $301.5M | $341.5M | $324.7M | $297.2M | $203.1M | $121.1M | $89.7M | $42.6M |
| SG&A Expense | $192.9M | $152.0M | $141.3M | $166.3M | $118.7M | $76.2M | $46.8M | $20.3M |
| Operating Income | $-197.3M | $-266.7M | $-270.0M | $-407.8M | $-265.2M | $-175.6M | $-119.6M | $-52.0M |
| Operating Margin | -25.0% | -36.8% | -41.4% | -74.5% | -70.1% | -77.3% | -83.9% | -67.8% |
| Interest Expense | — | — | $4.0M | $2.0M | $18.4M | $36.2M | $78.0K | $0 |
| Pretax Income | $-184.2M | $-250.8M | $-253.3M | $-402.9M | $-285.1M | $-210.2M | $-118.3M | $-50.9M |
| Income Tax Expense | $4.9M | $4.8M | $3.7M | $4.9M | $3.2M | $1.5M | $245.0K | $28.0K |
| Net Income | $-189.0M | $-255.5M | $-257.0M | $-407.8M | $-288.3M | $-211.7M | $-118.6M | $-50.9M |
| Net Margin | -23.9% | -35.3% | -39.4% | -74.5% | -76.2% | -93.3% | -83.2% | -66.3% |
| EPS (Basic) | $-0.80 | $-1.11 | $-1.17 | $-2.04 | $-1.63 | $-1.99 | $-1.69 | $-0.78 |
| EPS (Diluted) | $-0.80 | $-1.11 | $-1.17 | $-2.04 | $-1.63 | $-1.99 | $-1.69 | $-0.78 |
| Shares Outstanding (Basic) | 236.8M | 229.5M | 220.4M | 200.0M | 176.4M | 106.3M | 70.3M | — |
| Shares Outstanding (Diluted) | 236.8M | 229.5M | 220.4M | 200.0M | 176.4M | 106.3M | 70.3M | — |
| Dividends Per Share | — | — | — | — | — | — | — | — |