Asana (ASAN) Gross Margin (2019 - 2026)
Asana's (ASAN) quarterly Gross Margin came in at 85.99% in Q3 2026, down 374.0% year-over-year from 31.38% in Q3 2025, and down 1.85% quarter-over-quarter from 87.61% in Q2 2026.
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Asana (ASAN) Gross Margin (2019 - 2026) Analysis & Trends
Asana has disclosed Gross Margin across 8 years of filings, most recently posting 85.99% for Q3 2026.
- In Q3 2026, Gross Margin fell 374.0% year-over-year to 85.99%; the TTM figure through Jul 2026 stood at 87.56% (down 202.0% YoY), while the FY2026 annual figure was 89.03%, down 31.0% from the prior year.
- Gross Margin came in at 85.99% for Q3 2026 at Asana, down from 87.61% 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 85.99% in Q3 2026.
- Average Gross Margin over 5 years is 89.26%, with a median of 89.69% recorded in 2022.
- Year-over-year, Gross Margin jumped 168 bps in 2022 and plunged 374 bps in 2026.
- Over 5 years, Gross Margin stood at 89.28% in 2022, then advanced by 1 bps to 90.36% in 2023, then declined by 1 bps to 89.23% in 2024, then dropped by 0 bps to 88.9% in 2025, then retreated by 3 bps to 85.99% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 85.99% in Q3 2026, 87.61% in Q2 2026, and 87.84% in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Atlassian | 49.32 Bn | 48.08 Bn | 1.53 Bn | 86.50% |
| 2 | Dropbox | 7.65 Bn | 6.54 Bn | 506.50 Mn | 80.21% |
| 3 | Open Text | 5.80 Bn | 4.84 Bn | 1.01 Bn | 74.98% |
| 4 | Box | 4.83 Bn | 4.38 Bn | 253.97 Mn | 79.08% |
| 5 | Asana | 2.03 Bn | 1.81 Bn | 186.10 Mn | 85.99% |
| 6 | Cheetah Mobile | 99.06 Mn | -64.30 Mn | 24.15 Mn | 64.31% |
| 7 | Upland Software | 10.97 Mn | -20.70 Mn | 37.47 Mn | 76.25% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 85.99% |
| 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% |