Asana (ASAN) Operating Margin (2019 - 2026)
Asana recorded quarterly Operating Margin of 16.53% in Q1 2026, up 52.51% quarter-over-quarter from 34.81% in Q4 2025, and up 1723.0% year-over-year from 0.91% in Q1 2025.
Asana's Operating Margin history runs 8 years deep, the most recent figure standing at 16.53% for Q1 2026.
- In Q1 2026, Operating Margin rose 1723.0% year-over-year to 16.53%; the TTM figure through Jan 2026 stood at 24.95% (up 1190.0% YoY), while the FY2026 annual figure was 24.95%, up 1190.0% from the prior year.
- Operating Margin came in at 16.53% for Q1 2026 at Asana, up from 34.81% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 16.53% in Q1 2026 to a low of 82.49% in Q3 2022.
- A 5-year average of 46.53% and a median of 39.7% in 2024 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin slumped 1537 bps in 2022 and surged 3732 bps in 2023, its largest moves.
- Asana's Operating Margin stood at 71.49% in 2022, then jumped by 47 bps to 38.09% in 2023, then climbed by 14 bps to 32.73% in 2024, then fell by 6 bps to 34.81% in 2025, then jumped by 53 bps to 16.53% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 16.53%, 34.81%, and 25.11% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 28.69% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 16.69% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 14.56% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 12.05% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 13.34% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 29.26% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 37.79% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | -22.99% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 46.97% |
| 10 | Asana | 1.57 Bn | 1.37 Bn | 180.57 Mn | -16.53% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | -16.53% |
| Oct 31, 2025 | -34.81% |
| Jul 31, 2025 | -25.11% |
| Apr 30, 2025 | -23.44% |
| Jan 31, 2025 | -33.76% |
| Oct 31, 2024 | -32.73% |
| Jul 31, 2024 | -42.85% |
| Apr 30, 2024 | -38.37% |
| Jan 31, 2024 | -39.70% |
| Oct 31, 2023 | -38.09% |
| Jul 31, 2023 | -45.17% |
| Apr 30, 2023 | -42.81% |
| Jan 31, 2023 | -66.04% |
| Oct 31, 2022 | -71.49% |
| Jul 31, 2022 | -82.49% |
| Apr 30, 2022 | -79.76% |
| Jan 31, 2022 | -77.77% |
| Oct 31, 2021 | -67.86% |
| Jul 31, 2021 | -67.11% |
| Apr 30, 2021 | -65.19% |
| Jan 31, 2021 | -74.54% |
| Oct 31, 2020 | -105.14% |
| Jul 31, 2020 | -64.55% |
| Apr 30, 2020 | -60.97% |
| Jan 31, 2020 | -58.21% |
| Oct 31, 2019 | -165.67% |