Asana ASAN
NYSE ASAN
$8.80 -1.31 (-12.96%)
At close: Sep 4, 2026 · 4:00 PM EDT

Asana (ASAN) Cost of Revenue (2019 - 2026)

Asana's (ASAN) quarterly Cost of Revenue came in at $30.3 million in Q3 2026, up 49.97% year-over-year from $20.2 million in Q3 2025, and up 19.32% quarter-over-quarter from $25.4 million in Q2 2026.

Analysis

Asana (ASAN) Cost of Revenue (2019 - 2026) Analysis & Trends

Asana has disclosed Cost of Revenue across 8 years of filings, most recently posting $30.3 million for Q3 2026.

  • In Q3 2026, Cost of Revenue rose 49.97% year-over-year to $30.3 million; the TTM figure through Jul 2026 stood at $103.0 million (up 30.69% YoY), while the FY2026 annual figure was $86.8 million, up 12.39% from the prior year.
  • Cost of Revenue came in at $30.3 million for Q3 2026 at Asana, up from $25.4 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $30.3 million in Q3 2026 to a low of $11.5 million in Q1 2022.
  • Average Cost of Revenue over 5 years is $18.5 million, with a median of $17.8 million recorded in 2024.
  • Year-over-year, Cost of Revenue surged 58.23% in 2022 and rose 1.17% in 2025.
  • Over 5 years, Cost of Revenue stood at $15.2 million in 2022, then gained by 5.89% to $16.1 million in 2023, then grew by 23.33% to $19.8 million in 2024, then grew by 12.67% to $22.3 million in 2025, then soared by 35.94% to $30.3 million in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $30.3 million in Q3 2026, $25.4 million in Q2 2026, and $25.0 million in Q1 2026.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Atlassian 49.32 Bn 48.08 Bn 1.53 Bn 238.45 Mn
2 Dropbox 7.65 Bn 6.54 Bn 506.50 Mn 125.00 Mn
3 Open Text 5.80 Bn 4.84 Bn 1.01 Bn 337.55 Mn
4 Box 4.83 Bn 4.38 Bn 253.97 Mn 67.18 Mn
5 Asana 2.03 Bn 1.81 Bn 186.10 Mn 30.33 Mn
6 Cheetah Mobile 99.06 Mn -64.30 Mn 24.15 Mn 13.40 Mn
7 Upland Software 10.97 Mn -20.70 Mn 37.47 Mn 11.67 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 30.33 Mn
Apr 30, 2026 25.41 Mn
Jan 31, 2026 25.00 Mn
Oct 31, 2025 22.31 Mn
Jul 31, 2025 20.22 Mn
Apr 30, 2025 19.23 Mn
Jan 31, 2025 19.60 Mn
Oct 31, 2024 19.80 Mn
Jul 31, 2024 19.99 Mn
Apr 30, 2024 17.80 Mn
Jan 31, 2024 17.39 Mn
Oct 31, 2023 16.05 Mn
Jul 31, 2023 16.23 Mn
Apr 30, 2023 14.85 Mn
Jan 31, 2023 15.21 Mn
Oct 31, 2022 15.16 Mn
Jul 31, 2022 13.76 Mn
Apr 30, 2022 12.44 Mn
Jan 31, 2022 11.53 Mn
Oct 31, 2021 9.58 Mn