Asana (ASAN) Net Margin (2019 - 2026)
Asana's (ASAN) quarterly Net Margin came in at 18.09% in Q3 2026, up 647.0% year-over-year from 2.42% in Q3 2025, and down 157.52% quarter-over-quarter from 7.02% in Q2 2026.
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Asana (ASAN) Net Margin (2019 - 2026) Analysis & Trends
Asana has disclosed Net Margin across 8 years of filings, most recently posting 18.09% for Q3 2026.
- In Q3 2026, Net Margin rose 647.0% year-over-year to 18.09%; the TTM figure through Jul 2026 stood at 18.62% (up 888.0% YoY), while the FY2026 annual figure was 23.9%, up 1140.0% from the prior year.
- Net Margin came in at 18.09% for Q3 2026 at Asana, down from 7.02% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 7.02% in Q2 2026 to a low of 83.75% in Q3 2022.
- Average Net Margin over 5 years is 42.15%, with a median of 36.97% recorded in 2024.
- Year-over-year, Net Margin slumped 735 bps in 2022 and surged 4162 bps in 2023.
- Over 5 years, Net Margin stood at 71.34% in 2022, then jumped by 48 bps to 37.09% in 2023, then advanced by 16 bps to 31.18% in 2024, then fell by 9 bps to 34.04% in 2025, then jumped by 47 bps to 18.09% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 18.09% in Q3 2026, 7.02% in Q2 2026, and 15.67% in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Atlassian | 49.32 Bn | 48.08 Bn | 1.53 Bn | 7.87% |
| 2 | Dropbox | 7.65 Bn | 6.54 Bn | 506.50 Mn | 15.17% |
| 3 | Open Text | 5.80 Bn | 4.84 Bn | 1.01 Bn | 11.54% |
| 4 | Box | 4.83 Bn | 4.38 Bn | 253.97 Mn | 4.09% |
| 5 | Asana | 2.03 Bn | 1.81 Bn | 186.10 Mn | -18.09% |
| 6 | Cheetah Mobile | 99.06 Mn | -64.30 Mn | 24.15 Mn | -18.23% |
| 7 | Upland Software | 10.97 Mn | -20.70 Mn | 37.47 Mn | -74.97% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -18.09% |
| 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 | -36.97% |
| Jan 31, 2024 | -36.46% |
| Oct 31, 2023 | -37.09% |
| Jul 31, 2023 | -43.96% |
| Apr 30, 2023 | -40.33% |
| Jan 31, 2023 | -63.24% |
| 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% |