Asana (ASAN) Operating Expenses (2019 - 2026)
Asana's (ASAN) quarterly Operating Expenses came in at $227.3 million in Q3 2026, up 0.51% year-over-year from $226.2 million in Q3 2025, and up 16.62% quarter-over-quarter from $194.9 million in Q2 2026.
Analysis
Asana (ASAN) Operating Expenses (2019 - 2026) Analysis & Trends
Asana has disclosed Operating Expenses across 8 years of filings, most recently posting $227.3 million for Q3 2026.
- In Q3 2026, Operating Expenses rose 0.51% year-over-year to $227.3 million; the TTM figure through Jul 2026 stood at $885.5 million (down 1.03% YoY), while the FY2026 annual figure was $901.4 million, down 1.32% from the prior year.
- Operating Expenses came in at $227.3 million for Q3 2026 at Asana, up from $194.9 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $248.7 million in Q4 2025 to a low of $187.5 million in Q1 2022.
- Average Operating Expenses over 5 years is $220.1 million, with a median of $221.7 million recorded in 2024.
- Year-over-year, Operating Expenses jumped 72.17% in 2022 and dropped 8.03% in 2026.
- Over 5 years, Operating Expenses stood at $227.4 million in 2022, then decreased by 5.94% to $213.9 million in 2023, then advanced by 4.86% to $224.3 million in 2024, then gained by 10.9% to $248.7 million in 2025, then slipped by 8.6% to $227.3 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $227.3 million in Q3 2026, $194.9 million in Q2 2026, and $214.6 million in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Atlassian | 49.32 Bn | 48.08 Bn | 1.53 Bn | 1.32 Bn |
| 2 | Dropbox | 7.65 Bn | 6.54 Bn | 506.50 Mn | 341.70 Mn |
| 3 | Open Text | 5.80 Bn | 4.84 Bn | 1.01 Bn | 691.79 Mn |
| 4 | Box | 4.83 Bn | 4.38 Bn | 253.97 Mn | 221.33 Mn |
| 5 | Asana | 2.03 Bn | 1.81 Bn | 186.10 Mn | 227.32 Mn |
| 6 | Cheetah Mobile | 99.06 Mn | -64.30 Mn | 24.15 Mn | -28.25 Mn |
| 7 | Upland Software | 10.97 Mn | -20.70 Mn | 37.47 Mn | 67.17 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 227.32 Mn |
| Apr 30, 2026 | 194.92 Mn |
| Jan 31, 2026 | 214.55 Mn |
| Oct 31, 2025 | 248.71 Mn |
| Jul 31, 2025 | 226.17 Mn |
| Apr 30, 2025 | 211.94 Mn |
| Jan 31, 2025 | 232.32 Mn |
| Oct 31, 2024 | 224.26 Mn |
| Jul 31, 2024 | 236.02 Mn |
| Apr 30, 2024 | 220.81 Mn |
| Jan 31, 2024 | 221.69 Mn |
| Oct 31, 2023 | 213.87 Mn |
| Jul 31, 2023 | 219.61 Mn |
| Apr 30, 2023 | 202.81 Mn |
| Jan 31, 2023 | 234.24 Mn |
| Oct 31, 2022 | 227.39 Mn |
| Jul 31, 2022 | 232.41 Mn |
| Apr 30, 2022 | 204.44 Mn |
| Jan 31, 2022 | 187.48 Mn |
| Oct 31, 2021 | 158.84 Mn |