Growth Metrics

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

Asana recorded quarterly Cost of Revenue of $25.0 million in Q1 2026, down 75.06% quarter-over-quarter from $100.2 million in Q4 2025, and up 27.55% year-over-year from $19.6 million in Q1 2025.

Asana's Cost of Revenue history runs 8 years deep, the most recent figure standing at $25.0 million for Q1 2026.

  • In Q1 2026, Cost of Revenue rose 27.55% year-over-year to $25.0 million; the TTM figure through Jan 2026 stood at $245.3 million (down 2.8% YoY), while the FY2026 annual figure was $86.8 million, up 12.39% from the prior year.
  • Cost of Revenue came in at $25.0 million for Q1 2026 at Asana, down from $100.2 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $114.7 million in Q1 2023 to a low of $11.5 million in Q1 2022.
  • A 5-year average of $68.3 million and a median of $96.4 million in 2023 frame the typical range for Cost of Revenue.
  • Across the five-year window, Cost of Revenue soared 1114.59% in 2022 and plunged 84.55% in 2023, its largest moves.
  • Asana's Cost of Revenue stood at $113.7 million in 2022, then retreated by 13.51% to $98.3 million in 2023, then tumbled by 79.87% to $19.8 million in 2024, then jumped by 406.33% to $100.2 million in 2025, then sank by 75.06% to $25.0 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $25.0 million, $100.2 million, and $20.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn 3.02 Bn
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 4.02 Bn
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn 1.33 Bn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn 1.62 Bn
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 940.00 Mn
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 211.49 Mn
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 1.71 Bn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 3.07 Bn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 1.79 Bn
10 Asana 1.57 Bn 1.37 Bn 180.57 Mn 25.00 Mn

Historic Data

Download Data 🔒
DateValue
Jan 31, 2026 25.00 Mn
Jan 31, 2026 25.00 Mn
Oct 31, 2025 100.24 Mn
Oct 31, 2025 100.24 Mn
Jul 31, 2025 20.22 Mn
Jul 31, 2025 20.22 Mn
Apr 30, 2025 99.84 Mn
Apr 30, 2025 99.84 Mn
Jan 31, 2025 19.60 Mn
Jan 31, 2025 19.60 Mn
Oct 31, 2024 19.80 Mn
Oct 31, 2024 19.80 Mn
Jul 31, 2024 108.65 Mn
Jul 31, 2024 108.65 Mn
Apr 30, 2024 104.33 Mn
Apr 30, 2024 104.33 Mn
Jan 31, 2024 103.92 Mn
Jan 31, 2024 103.92 Mn
Oct 31, 2023 98.35 Mn
Oct 31, 2023 98.35 Mn
Jul 31, 2023 96.45 Mn
Jul 31, 2023 96.45 Mn
Apr 30, 2023 14.85 Mn
Apr 30, 2023 14.85 Mn
Jan 31, 2023 114.73 Mn
Jan 31, 2023 114.73 Mn
Oct 31, 2022 113.71 Mn
Oct 31, 2022 113.71 Mn
Jul 31, 2022 13.76 Mn
Jul 31, 2022 13.76 Mn
Apr 30, 2022 96.12 Mn
Apr 30, 2022 96.12 Mn
Jan 31, 2022 11.53 Mn
Jan 31, 2022 11.53 Mn
Oct 31, 2021 73.30 Mn
Oct 31, 2021 73.30 Mn
Jul 31, 2021 9.87 Mn
Jul 31, 2021 9.87 Mn
Apr 30, 2021 7.91 Mn
Apr 30, 2021 7.91 Mn
Jan 31, 2021 8.19 Mn
Jan 31, 2021 8.19 Mn
Oct 31, 2020 7.32 Mn
Oct 31, 2020 7.32 Mn
Jul 31, 2020 38.82 Mn
Jul 31, 2020 38.82 Mn
Apr 30, 2020 36.09 Mn
Apr 30, 2020 36.09 Mn
Jan 31, 2020 -55.05 Mn
Jan 31, 2020 -55.05 Mn
Oct 31, 2019 5.33 Mn
Oct 31, 2019 5.33 Mn