Asana (ASAN) Research & Development (2019 - 2026)
Asana's (ASAN) quarterly Research & Development came in at $104.4 million in Q3 2026, down 2.15% year-over-year from $106.7 million in Q3 2025, and up 12.89% quarter-over-quarter from $92.5 million in Q2 2026.
Analysis
Asana (ASAN) Research & Development (2019 - 2026) Analysis & Trends
Asana has disclosed Research & Development across 8 years of filings, most recently posting $104.4 million for Q3 2026.
- In Q3 2026, Research & Development fell 2.15% year-over-year to $104.4 million; the TTM figure through Jul 2026 stood at $397.3 million (down 3.92% YoY), while the FY2026 annual figure was $407.0 million, down 3.1% from the prior year.
- Research & Development came in at $104.4 million for Q3 2026 at Asana, up from $92.5 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $114.7 million in Q1 2023 to a low of $88.9 million in Q1 2022.
- Average Research & Development over 5 years is $102.1 million, with a median of $102.3 million recorded in 2025.
- Year-over-year, Research & Development soared 72.68% in 2022 and declined 13.51% in 2023.
- Over 5 years, Research & Development stood at $113.7 million in 2022, then fell by 13.51% to $98.3 million in 2023, then advanced by 6.47% to $104.7 million in 2024, then dropped by 4.26% to $100.2 million in 2025, then rose by 4.13% to $104.4 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $104.4 million in Q3 2026, $92.5 million in Q2 2026, and $100.2 million in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Atlassian | 49.32 Bn | 48.08 Bn | 1.53 Bn | 759.82 Mn |
| 2 | Dropbox | 7.65 Bn | 6.54 Bn | 506.50 Mn | 188.10 Mn |
| 3 | Open Text | 5.80 Bn | 4.84 Bn | 1.01 Bn | 308.36 Mn |
| 4 | Box | 4.83 Bn | 4.38 Bn | 253.97 Mn | 106.72 Mn |
| 5 | Asana | 2.03 Bn | 1.81 Bn | 186.10 Mn | 104.38 Mn |
| 6 | Cheetah Mobile | 99.06 Mn | -64.30 Mn | 24.15 Mn | -8.37 Mn |
| 7 | Upland Software | 10.97 Mn | -20.70 Mn | 37.47 Mn | 9.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 104.38 Mn |
| Apr 30, 2026 | 92.46 Mn |
| Jan 31, 2026 | 100.19 Mn |
| Oct 31, 2025 | 100.24 Mn |
| Jul 31, 2025 | 106.68 Mn |
| Apr 30, 2025 | 99.84 Mn |
| Jan 31, 2025 | 102.26 Mn |
| Oct 31, 2024 | 104.71 Mn |
| Jul 31, 2024 | 108.65 Mn |
| Apr 30, 2024 | 104.33 Mn |
| Jan 31, 2024 | 103.92 Mn |
| Oct 31, 2023 | 98.35 Mn |
| Jul 31, 2023 | 96.45 Mn |
| Apr 30, 2023 | 93.24 Mn |
| Jan 31, 2023 | 114.73 Mn |
| Oct 31, 2022 | 113.71 Mn |
| Jul 31, 2022 | 110.39 Mn |
| Apr 30, 2022 | 96.12 Mn |
| Jan 31, 2022 | 88.89 Mn |
| Oct 31, 2021 | 73.30 Mn |