Asana (ASAN) Tax Rate (2019 - 2026)
Asana's (ASAN) quarterly Tax Rate came in at 2.0% in Q3 2026, up 501.0% year-over-year from 0.33% in Q3 2025, and up 118.33% quarter-over-quarter from 10.93% in Q2 2026.
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Analysis
Asana (ASAN) Tax Rate (2019 - 2026) Analysis & Trends
Asana has disclosed Tax Rate across 8 years of filings, most recently posting 2.0% for Q3 2026.
- In Q3 2026, Tax Rate rose 501.0% year-over-year to 2.0%; the TTM figure through Jul 2026 stood at 1.92% (up 62.0% YoY), while the FY2026 annual figure was 2.64%, down 74.0% from the prior year.
- Tax Rate came in at 2.0% for Q3 2026 at Asana, up from 10.93% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 2.0% in Q3 2026 to a low of 10.93% in Q2 2026.
- Average Tax Rate over 5 years is 2.14%, with a median of 1.75% recorded in 2023.
- The largest YoY upside for Tax Rate was 501 bps in 2026 against a maximum downside of 796 bps in 2026.
- Over 5 years, Tax Rate stood at 0.63% in 2022, then slumped by 108 bps to 1.31% in 2023, then sank by 58 bps to 2.07% in 2024, then advanced by 7 bps to 1.92% in 2025, then jumped by 204 bps to 2.0% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 2.0% in Q3 2026, 10.93% in Q2 2026, and 3.21% in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Atlassian | 49.32 Bn | 48.08 Bn | 1.53 Bn | 29.38% |
| 2 | Dropbox | 7.65 Bn | 6.54 Bn | 506.50 Mn | 18.61% |
| 3 | Open Text | 5.80 Bn | 4.84 Bn | 1.01 Bn | 37.84% |
| 4 | Box | 4.83 Bn | 4.38 Bn | 253.97 Mn | 39.66% |
| 5 | Asana | 2.03 Bn | 1.81 Bn | 186.10 Mn | 2.00% |
| 6 | Cheetah Mobile | 99.06 Mn | -64.30 Mn | 24.15 Mn | 177.65% |
| 7 | Upland Software | 10.97 Mn | -20.70 Mn | 37.47 Mn | -2.44% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 2.00% |
| Apr 30, 2026 | -10.93% |
| Jan 31, 2026 | -3.21% |
| Oct 31, 2025 | -1.92% |
| Jul 31, 2025 | -3.01% |
| Apr 30, 2025 | -2.97% |
| Jan 31, 2025 | -2.36% |
| Oct 31, 2024 | -2.07% |
| Jul 31, 2024 | -1.69% |
| Apr 30, 2024 | -1.59% |
| Jan 31, 2024 | -1.23% |
| Oct 31, 2023 | -1.31% |
| Jul 31, 2023 | -1.75% |
| Apr 30, 2023 | -1.52% |
| Jan 31, 2023 | -2.23% |
| Oct 31, 2022 | -0.63% |
| Jul 31, 2022 | -1.09% |
| Apr 30, 2022 | -0.95% |
| Jan 31, 2022 | -2.17% |
| Oct 31, 2021 | -0.58% |