Asana (ASAN) Gross Margin (2019 - 2026)
Asana recorded quarterly Gross Margin of 87.84% in Q1 2026, down 1.2% quarter-over-quarter from 88.9% in Q4 2025, and down 175.0% year-over-year from 117.12% in Q1 2025.
Asana's Gross Margin history runs 8 years deep, the most recent figure standing at 87.84% for Q1 2026.
- In Q1 2026, Gross Margin fell 175.0% year-over-year to 87.84%; the TTM figure through Jan 2026 stood at 89.03% (down 31.0% YoY), while the FY2026 annual figure was 89.03%, down 31.0% from the prior year.
- Gross Margin came in at 87.84% for Q1 2026 at Asana, down from 88.9% 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 87.84% in Q1 2026.
- A 5-year average of 89.55% and a median of 89.7% in 2022 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin jumped 168 bps in 2022 and slumped 175 bps in 2026, its largest moves.
- Asana's Gross Margin stood at 89.28% in 2022, then climbed by 1 bps to 90.36% in 2023, then fell by 1 bps to 89.23% in 2024, then declined by 0 bps to 88.9% in 2025, then retreated by 1 bps to 87.84% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 87.84%, 88.9%, and 89.73% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 72.98% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 77.61% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 89.96% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 48.77% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 75.07% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 85.65% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 89.62% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 48.28% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 79.05% |
| 10 | Asana | 1.57 Bn | 1.37 Bn | 180.57 Mn | 87.84% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Apr 30, 2021 | 89.68% |
| Jan 31, 2021 | 88.02% |
| Oct 31, 2020 | 87.57% |
| Jul 31, 2020 | 86.50% |
| Apr 30, 2020 | 86.99% |
| Jan 31, 2020 | 86.65% |
| Oct 31, 2019 | 86.01% |