Asana, Inc.

Annual Trend FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Revenues $76.8m $142.6m $227.0m $378.4m $547.2m $652.5m $723.9m $790.8m
Cost of revenues $13.8m $19.9m $28.7m $38.9m $56.6m $64.5m $77.2m $86.8m
Gross profit $62.9m $122.7m $198.3m $339.5m $490.7m $588.0m $646.7m $704.0m
Research and development $42.6m $89.7m $121.1m $203.1m $297.2m $324.7m $341.5m $301.5m
Total operating expenses $115.0m $242.4m $373.8m $604.7m $898.5m $858.0m $913.4m $901.4m
Sales and marketing $52.1m $105.8m $176.5m $282.9m $435.0m $392.0m $419.9m $407.0m
General and administrative $20.3m $46.8m $76.2m $118.7m $166.3m $141.3m $152.0m $192.9m
Loss from operations ($52.0m) ($119.6m) ($175.6m) ($265.2m) ($407.8m) ($270.0m) ($266.7m) ($197.3m)
Loss before provision for income taxes ($50.9m) ($118.3m) ($210.2m) ($285.1m) ($402.9m) ($253.3m) ($250.8m) ($184.2m)
Provision for income taxes $28k $245k $1.5m $3.2m $4.9m $3.7m $4.8m $4.9m
Net loss ($50.9m) ($118.6m) ($211.7m) ($288.3m) ($407.8m) ($257.0m) ($255.5m) ($189.0m)
Basic (in usd per share) ($0.78) ($1.69) ($1.99) ($1.63) ($2.04) ($1.17) ($1.11) ($0.80)
Diluted (in usd per share) ($0.78) ($1.69) ($1.99) ($1.63) ($2.04) ($1.17) ($1.11) ($0.80)
Interest income and other income (expense), net $1.1m $1.4m $1.6m ($1.5m) $6.9m $20.6m $19.6m $16.3m
Interest expense $0 ($78k) ($36.2m) ($18.4m) ($2.0m) ($4.0m) ($3.7m) ($3.1m)