ASAN on NYSE

Asana Inc.

Logo: Asana, Public domain, via Wikimedia Commons4

American software company

Asana, Inc. ( or ) is an American software company based in San Francisco, California whose flagship Asana service is a web and mobile "work management" platform designed to help teams organize, track, and manage their work.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

$790.8MRevenue, fiscal 20265
-$189.0MNet income, fiscal 20265
Dec 16, 2008Founded1

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  • TickerASAN on NYSE1
  • Industrysoftware industry1
  • HeadquartersSan Francisco1
  • Websitewww.asana.com
  • Legal formDelaware corporation1
  • Incorporated inDE6
  • Business address633 Folsom Street, Suite 100, San Francisco, Ca 941076
  • Filer categoryLarge accelerated filer6

Asana, Inc. ( or ) is an American software company based in San Francisco, California whose flagship Asana service is a web and mobile "work management" platform designed to help teams organize, track, and manage their work. Asana, Inc. was founded in 2008 by Dustin Moskovitz and Justin Rosenstein. The product launched commercially in April 2012. In September 2020, the company was valued at $5.5 billion following its direct listing.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

89.0%Gross margin5
-25.0%Operating margin5
-23.9%Net margin5
9.2%Revenue growth, 20265
-122.6%Return on equity5
$86.6MFree cash flow5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Regions

United States brought in 59% of the revenue Asana Inc. broke down this way in fiscal 2026.

  1. United States$468.3M559%up 7% from 2025
  2. Outside the United States$322.5M541%up 12% from 2025
Regions by year
Regions202420252026
United States$398.0M$435.8M$468.3M
Outside the United States$254.5M$288.1M$322.5M

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Cost of revenue11¢$86.8M
  • Research and development38¢$301.5M
  • Other costs50¢$397.7M
  • Income tax1¢$4.9M

Out of $790.8M in revenue.5 The company lost money this year.

Where each dollar of operating cash went, fiscal 2026

  • Capital spending3¢$3.8M
  • Share buybacks97¢$132.2M

Out of $90.4M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.5

Financial statements

Revenue891011125$790.8M in 2026+930% since 2019
0$200.0M$400.0M$600.0M$800.0M2019: $76.8M$76.8M20192020: $142.6M$142.6M2020+86%2021: $227.0M$227.0M2021+59%2022: $378.4M$378.4M2022+67%2023: $547.2M$547.2M2023+45%2024: $652.5M$652.5M2024+19%2025: $723.9M$723.9M2025+11%2026: $790.8M$790.8M2026+9%
Gross profit891011125$704.0M in 2026+1019% since 2019
0$200.0M$400.0M$600.0M$800.0M2019: $62.9M$62.9M20192020: $122.7M$122.7M2020+95%2021: $198.3M$198.3M2021+62%2022: $339.5M$339.5M2022+71%2023: $490.7M$490.7M2023+45%2024: $588.0M$588.0M2024+20%2025: $646.7M$646.7M2025+10%2026: $704.0M$704.0M2026+9%
Operating income891011125-$197.3M in 2026+279% since 2019
-$600.0M-$400.0M-$200.0M02019: -$52.0M-$52.0M20192020: -$119.6M-$119.6M2020+130%2021: -$175.6M-$175.6M2021+47%2022: -$265.2M-$265.2M2022+51%2023: -$407.8M-$407.8M2023+54%2024: -$270.0M-$270.0M2024−34%2025: -$266.7M-$266.7M2025−1%2026: -$197.3M-$197.3M2026−26%
Net income891011125-$189.0M in 2026+271% since 2019
-$600.0M-$400.0M-$200.0M02019: -$50.9M-$50.9M20192020: -$118.6M-$118.6M2020+133%2021: -$211.7M-$211.7M2021+79%2022: -$288.3M-$288.3M2022+36%2023: -$407.8M-$407.8M2023+41%2024: -$257.0M-$257.0M2024−37%2025: -$255.5M-$255.5M2025−1%2026: -$189.0M-$189.0M2026−26%

Every line of the income statement in the latest annual report, as filed.5

Period ending2026-01-312025-01-312024-01-31
Revenues$790.8M$723.9M$652.5M
Cost of revenues$86.8M$77.2M$64.5M
Gross profit$704.0M$646.7M$588.0M
Research and development$301.5M$341.5M$324.7M
Sales and marketing$407.0M$419.9M$392.0M
General and administrative$192.9M$152.0M$141.3M
Total operating expenses$901.4M$913.4M$858.0M
Loss from operations-$197.3M-$266.7M-$270.0M
Interest income and other income (expense), net$16.3M$19.6M$20.6M
Interest expense-$3.1M-$3.7M-$4.0M
Loss before provision for income taxes-$184.2M-$250.8M-$253.3M
Provision for income taxes$4.9M$4.8M$3.7M
Net loss-$189.0M-$255.5M-$257.0M
Basic (in usd per share)-$0.80-$1.11-$1.17
Diluted (in usd per share)-$0.80-$1.11-$1.17
Basic (in shares)236.8M shares229.5M shares220.4M shares
Diluted (in shares)236.8M shares229.5M shares220.4M shares

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The story

Founded by Dustin Moskovitz and Justin Rosenstein on Dec 16, 2008.1

The co-founders met at Facebook, where Moskovitz, Facebook's co-founder and vice president of engineering, and his colleague Rosenstein created a productivity tool called Tasks. In 2008, the co-founders left Facebook to start Asana. A Sanskrit word they chose as the name refers to the place and bodily posture yogi adopts to meditate. With their choice, co-founders wanted to describe their aim to build a product that simplifies things — Asana, a pose, is the result of the combination of form and fluidity to stay focused. Asana officially launched for free out of beta in November 2011 and commercially in April 2012.

In 2014, Asana launched its native iOS app and in January 2015, Asana released its native Android app. In 2016, Asana raised $50 million in Series C financing led by Sam Altman, President of Y Combinator. In 2017, Asana integrated with Gmail, and launched its app in French and German.

By January 2018, more than 35,000 paying customers were using Asana, including CityFibre, AB-InBev, Viessmann, eBay, Uber, Overstock.com, Navy Federal Credit Union, Icelandair, and IBM. That same year, the company raised $75 million in Series D funding led by Generation Investment Management, a firm backed by Al Gore. In November 2018, Asana raised another $50 million in funding in Series E to invest in international and product expansion.

In September 2020, Asana went public on the New York Stock Exchange via a direct public offering. In August 2021, Asana dual listed on the Long-Term Stock Exchange.

In April 2022, Asana released its annual Anatomy of Work Index. The report surveyed the behaviors and attitudes of more than 10,000 knowledge workers globally to highlight differences and year-over-year trends in the modern workplace.

As of September 2022, Asana had 131,000 customers.

In March 2025, co-founder and CEO Dustin Moskovitz announced his retirement, causing Asana's stock to drop 25%. In June 2025, Asana appointed Dan Rogers, formerly of LaunchDarkly, ServiceNow, and Rubrik, as CEO, with Moskovitz remaining as chairman. Rogers officially became CEO on July 21, 2025.

In May 2026, Asana acquired StackAI, a no-code artificial intelligence workflow-automation platform, for $75 million. The acquisition was announced alongside Asana's quarterly earnings, with the company positioning it as part of its strategy to integrate AI agents into enterprise workflows.

From Wikipedia’s article on Asana, Inc., shared under CC BY-SA 4.0.7

Leadership

Who has led Asana Inc., and when. Pick a name to see everywhere that person has worked.

Products and brands

Asana is a software-as-a-service platform designed for team collaboration and work management. Teams can create projects, assign tasks, set deadlines, and communicate directly within Asana. It also includes reporting tools, file attachments, calendars, and goal tracking.

In 2022, Asana released features for team organization; this included My Goals, Automatic Progress Updates, and integrations for Google Workspace and Figma.

In October 2024, Asana launched AI Studio to help companies customize their AI agents to perform jobs and actions across product development stages and workflows.Asana launched "AI Teammates", which works with Work Graph, a proprietary data model.

API and integrations

In April 2012, Asana released its API to third-party developers. Asana's open API provided a means to read and input information and create programmed automation within the app. The Asana API is a RESTful interface, allowing users to update and access much of their data on the platform.

Read the full text

In April 2021, Asana launched Asana Partners, which allows for cross-platform integration with its project management software.

In July 2021, Asana launched an app for Zoom. The Asana app can be opened within the video-conferencing software Zoom.

In 2023, Asana launched product capabilities focused on generative artificial intelligence.

From Wikipedia’s article on Asana, Inc., shared under CC BY-SA 4.0.7

Subsidiaries and ownership

Also owns

  • Asana

From Wikidata.1

Timeline

  1. Sep 30, 2020Went public Listed on NYSE1
  2. Dec 16, 2008Founded Founded1

Recent filings

  1. Oct 13, 20264
  2. Oct 9, 2026144
  3. Oct 8, 20264
  4. Oct 2, 20264
  5. Sep 30, 2026144
  6. Sep 28, 20268-K
  7. Sep 28, 20263
  8. Sep 28, 20263
  9. Sep 28, 20263
  10. Sep 28, 20264
  11. Sep 28, 20264
  12. Sep 23, 2026144
  13. Sep 23, 20264
  14. Sep 23, 20264
  15. Sep 23, 20264

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2