Asana (ASAN) Gross Margin (2019 - 2026)
Asana (ASAN) posted Gross Margin of 87.61% for Q2 2026, little changed sequentially from 87.84% in Q1 2026, and down 212.0% YoY from 78.22% in Q2 2025.
Asana (ASAN) Gross Margin (2019 - 2026) Analysis & Trends
Asana has reported Gross Margin for 8 years, with the latest figure at 87.61% in Q2 2026.
- Quarterly Gross Margin fell 212.0% year-over-year to 87.61% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 88.51% (down 85.0% YoY) and the FY2026 annual result came in at 89.03%, down 31.0% from the prior year.
- Gross Margin held at 87.61% in Q2 2026 per ASAN's latest filing, from 87.84% in the prior quarter.
- Over five years, Gross Margin peaked at 90.36% in Q4 2023 and troughed at 87.61% in Q2 2026.
- A 5-year average of 89.44% and a median of 89.69% in 2022 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2026: Gross Margin surged 168 bps in 2022, then sank 212 bps in 2026.
- Over 5 years, Gross Margin stood at 89.28% in 2022, then grew by 1 bps to 90.36% in 2023, then retreated by 1 bps to 89.23% in 2024, then fell by 0 bps to 88.9% in 2025, then fell by 1 bps to 87.61% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 87.61%, 87.84%, and 88.9% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 73.08% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 47.67% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 76.92% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 44.93% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 70.68% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 66.61% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 45.88% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 89.20% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 84.61% |
| 10 | Asana | 2.14 Bn | 1.94 Bn | 179.68 Mn | 87.61% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 87.61% |
| Jan 31, 2026 | 87.84% |
| Oct 31, 2025 | 88.90% |
| Jul 31, 2025 | 89.73% |
| Apr 30, 2025 | 89.73% |
| Jan 31, 2025 | 89.59% |
| Oct 31, 2024 | 89.23% |
| Jul 31, 2024 | 88.85% |
| Apr 30, 2024 | 89.68% |
| Jan 31, 2024 | 89.84% |
| Oct 31, 2023 | 90.36% |
| Jul 31, 2023 | 90.01% |
| Apr 30, 2023 | 90.26% |
| Jan 31, 2023 | 89.88% |
| Oct 31, 2022 | 89.28% |
| Jul 31, 2022 | 89.80% |
| Apr 30, 2022 | 89.69% |
| Jan 31, 2022 | 89.70% |
| Oct 31, 2021 | 90.45% |
| Jul 31, 2021 | 88.97% |