Asana (ASAN) Net Margin (2019 - 2026)
Asana's Net Margin was -18.11% in fiscal Q2 2027 (quarter ended Jul 31, 2026), up 6.45 percentage points from -24.56% a year earlier but down 11.08 percentage points from the prior quarter.
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Analysis
Asana (ASAN) Net Margin (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Asana's Net Margin was -18.63% through Jul 31, 2026, up 8.87 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it was -23.90%, up 11.40 percentage points from FY2025.
- Net Margin has now increased for five consecutive fiscal years, with a five-year change of +69.36 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Net Margin was -35.30% in FY2025 (+4.09 pp), -39.39% in FY2024 (+35.13 pp), -74.52% in FY2023 (+1.68 pp) and -76.19% in FY2022 (+17.07 pp).
- Quarterly Net Margin has moved between -83.75% (fiscal Q2 2023) and -7.02% (fiscal Q1 2027) over five years.
- Compared with a year earlier, Net Margin has increased for three straight quarters, with an average year-over-year change of +9.49 percentage points over the last eight quarters.
- The best year-over-year quarter for Net Margin over five years was fiscal Q3 2022 (a gain of 55.37 percentage points); the worst was fiscal Q2 2023 (a drop of 7.35 percentage points).
- Per Business Quant data, ASAN's Net Margin in the three fiscal quarters before Q2 2027 was -7.02% (Q1 2027), -15.67% (Q4 2026) and -34.04% (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 97.16 Bn | 72.41 Bn | 6.00 Bn | 27.03% |
| 2 | Autodesk | 56.45 Bn | 44.48 Bn | 1.87 Bn | 24.05% |
| 3 | Atlassian | 49.40 Bn | 42.68 Bn | 1.53 Bn | 7.87% |
| 4 | Twilio | 33.00 Bn | 22.64 Bn | 760.53 Mn | 10.33% |
| 5 | Zoom Communications | 26.85 Bn | -3.88 Bn | 985.50 Mn | 120.77% |
| 6 | Figma | 11.88 Bn | 5.20 Bn | 314.44 Mn | -20.78% |
| 7 | Dropbox | 7.93 Bn | 3.57 Bn | 506.50 Mn | 15.17% |
| 8 | RingCentral | 6.58 Bn | 6.11 Bn | 494.30 Mn | 84.27% |
| 9 | Open Text | 6.44 Bn | 1.87 Bn | 1.01 Bn | 11.54% |
| 10 | Asana | 2.69 Bn | 1.89 Bn | 186.10 Mn | -18.11% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -18.11% |
| Apr 30, 2026 | -7.02% |
| Jan 31, 2026 | -15.67% |
| Oct 31, 2025 | -34.04% |
| Jul 31, 2025 | -24.56% |
| Apr 30, 2025 | -21.37% |
| Jan 31, 2025 | -33.08% |
| Oct 31, 2024 | -31.18% |
| Jul 31, 2024 | -40.28% |
| Apr 30, 2024 | -36.95% |
| Jan 31, 2024 | -36.46% |
| Oct 31, 2023 | -37.09% |
| Jul 31, 2023 | -43.96% |
| Apr 30, 2023 | -40.33% |
| Jan 31, 2023 | -63.25% |
| Oct 31, 2022 | -71.34% |
| Jul 31, 2022 | -83.75% |
| Apr 30, 2022 | -81.95% |
| Jan 31, 2022 | -80.44% |
| Oct 31, 2021 | -69.05% |
API Access
Asana Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=ASAN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "ASAN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=ASAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();