Asana (ASAN) Gross Margin (2019 - 2026)
Asana (ASAN) reported Gross Margin of 87.61% for Q2 2026, down 212.0% on a YoY basis from 78.22% in Q2 2025, and little changed sequentially from 87.84% in Q1 2026.
Asana (ASAN) Gross Margin (2019 - 2026) Analysis & Trends
Asana (ASAN) has 8 years of Gross Margin data on file, last reported at 87.61% in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 212.0% year-over-year to 87.61%; the trailing twelve-month figure through Apr 2026 stood at 88.51% (down 85.0% YoY), and the FY2026 full-year result was 89.03%, down 31.0% from the prior year.
- Gross Margin held at 87.61% in Q2 2026, from 87.84% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 90.36% in Q4 2023 to a low of 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.
- Across the five-year window, Gross Margin soared 168 bps in 2022 and tumbled 212 bps in 2026, its largest moves.
- Tracing ASAN's Gross Margin over 5 years: stood at 89.28% in 2022, then gained by 1 bps to 90.36% in 2023, then dropped by 1 bps to 89.23% in 2024, then slipped by 0 bps to 88.9% in 2025, then slipped by 1 bps to 87.61% in 2026.
- Business Quant data shows ASAN's Gross Margin at 87.61% in Q2 2026, 87.84% in Q1 2026, and 88.9% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 48.77% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 45.03% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 76.92% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 70.68% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 48.28% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 66.61% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 95.85% |
| 10 | Asana | 1.56 Bn | 1.37 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% |