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| Date | Value |
|---|---|
| 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 |