Asana (ASAN) Tax Rate (2019 - 2026)
Asana recorded quarterly Tax Rate of 3.21% in Q1 2026, down 67.06% quarter-over-quarter from 1.92% in Q4 2025, and down 85.0% year-over-year from 21.38% in Q1 2025.
Asana's Tax Rate history runs 8 years deep, the most recent figure standing at 3.21% for Q1 2026.
- In Q1 2026, Tax Rate fell 85.0% year-over-year to 3.21%; the TTM figure through Jan 2026 stood at 2.63% (down 72.0% YoY), while the FY2026 annual figure was 2.64%, down 74.0% from the prior year.
- Tax Rate came in at 3.21% for Q1 2026 at Asana, down from 1.92% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 0.6% in Q4 2022 to a low of 3.21% in Q1 2026.
- A 5-year average of 1.86% and a median of 1.71% in 2023 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate jumped 102 bps in 2024 and sank 137 bps in 2025, its largest moves.
- Asana's Tax Rate stood at 0.6% in 2022, then slumped by 118 bps to 1.31% in 2023, then slumped by 58 bps to 2.07% in 2024, then climbed by 7 bps to 1.92% in 2025, then sank by 67 bps to 3.21% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 3.21%, 1.92%, and 2.98% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 25.31 |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 39.11 |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 8.36 |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 30.31 |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 21.59 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 22.01 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 23.68 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 24.29 |
| 10 | Asana | 1.57 Bn | 1.37 Bn | 180.57 Mn | -3.21 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | -3.21 |
| Jan 31, 2026 | -3.21 |
| Oct 31, 2025 | -1.92 |
| Oct 31, 2025 | -1.92 |
| Jul 31, 2025 | -2.98 |
| Jul 31, 2025 | -2.98 |
| Apr 30, 2025 | -2.97 |
| Apr 30, 2025 | -2.97 |
| Jan 31, 2025 | -2.36 |
| Jan 31, 2025 | -2.36 |
| Oct 31, 2024 | -2.07 |
| Oct 31, 2024 | -2.07 |
| Jul 31, 2024 | -1.69 |
| Jul 31, 2024 | -1.69 |
| Apr 30, 2024 | -1.59 |
| Apr 30, 2024 | -1.59 |
| Jan 31, 2024 | -1.23 |
| Jan 31, 2024 | -1.23 |
| Oct 31, 2023 | -1.31 |
| Oct 31, 2023 | -1.31 |
| Jul 31, 2023 | -1.71 |
| Jul 31, 2023 | -1.71 |
| Apr 30, 2023 | -1.52 |
| Apr 30, 2023 | -1.52 |
| Jan 31, 2023 | -2.25 |
| Jan 31, 2023 | -2.25 |
| Oct 31, 2022 | -0.60 |
| Oct 31, 2022 | -0.60 |
| Jul 31, 2022 | -1.09 |
| Jul 31, 2022 | -1.09 |
| Apr 30, 2022 | -0.92 |
| Apr 30, 2022 | -0.92 |
| Jan 31, 2022 | -2.20 |
| Jan 31, 2022 | -2.20 |
| Oct 31, 2021 | -0.58 |
| Oct 31, 2021 | -0.58 |
| Jul 31, 2021 | -0.92 |
| Jul 31, 2021 | -0.92 |
| Apr 30, 2021 | -0.51 |
| Apr 30, 2021 | -0.51 |
| Jan 31, 2021 | -1.04 |
| Jan 31, 2021 | -1.04 |
| Oct 31, 2020 | -0.85 |
| Oct 31, 2020 | -0.85 |
| Jul 31, 2020 | -0.49 |
| Jul 31, 2020 | -0.49 |
| Apr 30, 2020 | -0.34 |
| Apr 30, 2020 | -0.34 |
| Jan 31, 2020 | -0.25 |
| Jan 31, 2020 | -0.25 |
| Oct 31, 2019 | -0.10 |
| Oct 31, 2019 | -0.10 |