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
DateValue
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%