Asana (ASAN) Financials

$16.40 +0.36 (+2.21%)

Closing price 05/6/2025 03:59 PM Eastern

Extended Trading

$16.49 +0.08 (+0.52%)

As of 04:09 AM Eastern

Annual Income Statements for Asana

This table shows Asana's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024	2025
Period end date	1/31/2019	1/31/2020	1/31/2021	1/31/2022	1/31/2023	1/31/2024	1/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-51	-119	-212	-288	-408	-257	-256
Consolidated Net Income / (Loss)	-51	-119	-212	-288	-408	-257	-256
Net Income / (Loss) Continuing Operations	-51	-119	-212	-288	-408	-257	-256
Total Pre-Tax Income	-51	-118	-210	-285	-403	-253	-251
Total Operating Income	-52	-120	-176	-265	-408	-270	-267
Total Gross Profit	63	123	198	340	491	588	647
Total Revenue	77	143	227	378	547	653	724
Operating Revenue	77	143	227	378	547	653	724
Total Cost of Revenue	14	20	29	39	57	65	77
Operating Cost of Revenue	14	20	29	39	57	65	77
Total Operating Expenses	115	242	374	605	898	858	913
Selling, General & Admin Expense	20	47	76	119	166	141	152
Marketing Expense	52	106	176	283	435	392	420
Research & Development Expense	43	90	121	203	297	325	341
Total Other Income / (Expense), net	1.11	1.29	-35	-20	4.93	17	16
Interest Expense	0.00	0.08	36	18	2.00	3.95	3.68
Other Income / (Expense), net	-	1.37	1.57	-1.54	6.93	21	20
Income Tax Expense	0.03	0.25	1.53	3.24	4.88	3.71	4.77
Basic Earnings per Share	($0.78)	($1.69)	($1.99)	($1.63)	($2.04)	($1.17)	($1.11)
Weighted Average Basic Shares Outstanding	65.21M	70.34M	106.34M	176.40M	200.03M	220.41M	229.47M
Diluted Earnings per Share	($0.78)	($1.69)	($1.99)	($1.63)	($2.04)	($1.17)	($1.11)
Weighted Average Diluted Shares Outstanding	65.21M	70.34M	106.34M	176.40M	200.03M	220.41M	229.47M
Weighted Average Basic & Diluted Shares Outstanding	65.21M	70.34M	106.34M	189.16M	214.39M	224.81M	233.08M

This table shows Asana's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	7/31/2022	10/31/2022	1/31/2023	4/30/2023	7/31/2023	10/31/2023	1/31/2024	4/30/2024	7/31/2024	10/31/2024	1/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-113	-101	-95	-61	-71	-62	-62	-64	-72	-57	-62
Consolidated Net Income / (Loss)	-113	-101	-95	-61	-71	-62	-62	-64	-72	-57	-62
Net Income / (Loss) Continuing Operations	-113	-101	-95	-61	-71	-62	-62	-64	-72	-57	-62
Total Pre-Tax Income	-112	-100	-93	-61	-70	-61	-62	-63	-71	-56	-61
Total Operating Income	-111	-101	-99	-65	-73	-63	-68	-66	-77	-60	-64
Total Gross Profit	121	126	135	138	146	150	154	155	159	164	169
Total Revenue	135	141	150	152	162	167	171	172	179	184	188
Operating Revenue	135	141	150	152	162	167	171	172	179	184	188
Total Cost of Revenue	14	15	15	15	16	16	17	18	20	20	20
Operating Cost of Revenue	14	15	15	15	16	16	17	18	20	20	20
Total Operating Expenses	232	227	234	203	220	214	222	221	236	224	232
Selling, General & Admin Expense	47	38	38	33	39	34	35	34	36	36	46
Marketing Expense	110	114	115	93	96	98	104	104	109	105	102
Research & Development Expense	75	76	81	76	84	81	83	83	91	83	84
Total Other Income / (Expense), net	-0.48	0.83	6.28	4.70	3.20	2.47	6.31	3.42	5.81	4.02	2.73
Interest Expense	0.31	0.46	0.88	0.97	0.97	1.01	1.01	0.94	0.96	0.93	0.85
Other Income / (Expense), net	-0.16	1.29	7.15	5.67	4.17	3.48	7.31	4.36	6.76	4.95	3.58
Income Tax Expense	1.22	0.63	2.09	0.92	1.23	0.80	0.76	0.97	1.20	1.16	1.44
Basic Earnings per Share	($0.59)	($0.49)	($0.44)	($0.28)	($0.33)	($0.28)	($0.28)	($0.28)	($0.31)	($0.25)	($0.27)
Weighted Average Basic Shares Outstanding	191.35M	204.66M	200.03M	216.41M	219.00M	221.78M	220.41M	227.07M	229.76M	229.62M	229.47M
Diluted Earnings per Share	($0.59)	($0.49)	($0.44)	($0.28)	($0.33)	($0.28)	($0.28)	($0.28)	($0.31)	($0.25)	($0.27)
Weighted Average Diluted Shares Outstanding	191.35M	204.66M	200.03M	216.41M	219.00M	221.78M	220.41M	227.07M	229.76M	229.62M	229.47M
Weighted Average Basic & Diluted Shares Outstanding	191.76M	212.77M	214.39M	216.84M	219.68M	222.53M	224.81M	228.10M	228.16M	228.72M	233.08M

This table details how cash moves in and out of Asana's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024	2025
Period end date	1/31/2019	1/31/2020	1/31/2021	1/31/2022	1/31/2023	1/31/2024	1/31/2025
Net Change in Cash & Equivalents	-20	284	-51	-19	286	-290	-52
Net Cash From Operating Activities	-30	-40	-93	-84	-160	-18	15
Net Cash From Continuing Operating Activities	-30	-40	-93	-84	-160	-18	15
Net Income / (Loss) Continuing Operations	-51	-119	-212	-288	-408	-257	-256
Consolidated Net Income / (Loss)	-51	-119	-212	-288	-408	-257	-256
Depreciation Expense	4.23	2.23	3.49	8.46	13	14	18
Amortization Expense	-0.50	0.64	27	20	15	19	21
Non-Cash Adjustments To Reconcile Net Income	8.68	50	73	138	193	210	219
Changes in Operating Assets and Liabilities, net	8.34	26	16	38	27	-3.74	13
Net Cash From Investing Activities	-45	13	-159	28	64	-289	-6.13
Net Cash From Continuing Investing Activities	-45	13	-159	28	64	-289	-6.13
Purchase of Property, Plant & Equipment	-3.41	-7.26	-58	-43	-7.16	-13	-12
Purchase of Investments	-103	-78	-192	-62	-72	-319	-234
Sale and/or Maturity of Investments	62	98	91	133	144	43	241
Net Cash From Financing Activities	55	312	201	37	381	17	-58
Net Cash From Continuing Financing Activities	55	312	201	37	381	17	-58
Repayment of Debt	-	0.00	0.00	-1.67	-38	-3.13	-2.50
Repurchase of Common Equity	-0.01	-0.08	-0.03	-0.04	-0.01	0.00	-78
Issuance of Debt	0.00	300	181	9.00	50	0.00	0.00
Issuance of Common Equity	-	0.00	0.00	13	364	15	14
Other Financing Activities, net	4.30	12	20	17	5.77	4.83	9.10
Effect of Exchange Rate Changes	0.00	-0.02	0.00	-0.46	0.34	0.39	-2.50
Cash Interest Paid	-	0.00	0.08	0.83	1.66	3.61	5.94
Cash Income Taxes Paid	-	0.15	0.28	1.46	4.33	3.35	4.25

This table details how cash moves in and out of Asana's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	7/31/2022	10/31/2022	1/31/2023	4/30/2023	7/31/2023	10/31/2023	1/31/2024	4/30/2024	7/31/2024	10/31/2024	1/31/2025
Net Change in Cash & Equivalents	-47	361	16	-144	31	-145	-32	-15	-2.19	-23	-12
Net Cash From Operating Activities	-42	-46	-31	-15	20	-8.23	-15	-1.90	16	-15	16
Net Cash From Continuing Operating Activities	-42	-46	-31	-15	20	-8.23	-15	-1.90	16	-15	16
Net Income / (Loss) Continuing Operations	-113	-101	-95	-61	-71	-62	-62	-64	-72	-57	-62
Consolidated Net Income / (Loss)	-113	-101	-95	-61	-71	-62	-62	-64	-72	-57	-62
Depreciation Expense	3.20	3.20	3.16	3.29	3.59	3.53	3.94	4.01	4.28	4.44	4.81
Amortization Expense	3.53	3.94	4.63	4.90	4.53	5.06	4.21	6.12	6.44	2.08	5.89
Non-Cash Adjustments To Reconcile Net Income	49	48	55	43	62	54	50	47	58	56	59
Changes in Operating Assets and Liabilities, net	16	-0.67	1.42	-4.08	21	-9.22	-12	5.09	19	-20	8.85
Net Cash From Investing Activities	-5.99	52	31	-140	11	-141	-19	-21	0.06	42	-26
Net Cash From Continuing Investing Activities	-5.99	52	31	-140	11	-141	-19	-21	0.06	42	-26
Purchase of Property, Plant & Equipment	-0.64	-2.34	-3.07	-2.69	-5.63	-3.23	-1.62	-2.38	-3.10	-3.29	-3.52
Purchase of Investments	-26	0.00	-	-139	-	-145	-35	-70	-37	-60	-68
Sale and/or Maturity of Investments	20	54	34	1.62	17	7.51	18	52	40	104	45
Net Cash From Financing Activities	0.42	355	15	9.73	0.02	6.67	0.36	9.95	-19	-49	0.11
Net Cash From Continuing Financing Activities	0.42	355	15	9.73	0.02	6.67	0.36	9.95	-19	-49	0.11
Repayment of Debt	-1.00	-1.00	-36	-0.63	-1.25	-0.63	-0.63	0.00	-1.25	-0.63	-0.63
Repurchase of Common Equity	-	-	-0.01	-	-	-	-	-	-	-55	-4.49
Other Financing Activities, net	1.42	0.98	1.15	1.80	1.27	0.78	0.98	1.08	1.04	1.75	5.22
Effect of Exchange Rate Changes	-0.15	-0.49	1.54	0.90	0.31	-3.08	2.26	-1.30	1.12	-0.47	-1.85
Cash Income Taxes Paid	0.93	1.10	0.71	1.91	0.52	0.68	0.25	0.87	1.71	1.19	0.48

This table presents Asana's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024	2025
Period end date	1/31/2020	1/31/2021	1/31/2022	1/31/2023	1/31/2024	1/31/2025
Total Assets	422	731	707	955	962	891
Total Current Assets	381	446	411	660	660	601
Cash & Equivalents	306	260	240	527	237	185
Restricted Cash	-	-	-	-	0.00	0.14
Short-Term Investments	45	126	72	2.74	283	282
Accounts Receivable	13	32	59	82	88	88
Prepaid Expenses	17	27	40	49	52	46
Plant, Property, & Equipment, net	10	74	100	95	97	96
Total Noncurrent Assets	26	211	196	200	206	195
Other Noncurrent Operating Assets	26	192	193	200	206	195
Total Liabilities & Shareholders' Equity	422	731	707	955	962	891
Total Liabilities	316	744	503	598	636	664
Total Current Liabilities	100	163	255	332	367	416
Accounts Payable	7.55	9.60	12	7.55	6.91	9.92
Accrued Expenses	18	42	61	83	76	83
Current Deferred Revenue	63	104	170	226	265	301
Other Current Liabilities	12	8.39	13	15	19	22
Total Noncurrent Liabilities	216	580	248	266	268	248
Long-Term Debt	203	381	35	47	44	39
Noncurrent Deferred Revenue	-	-	4.08	7.16	5.92	2.01
Other Noncurrent Operating Liabilities	13	200	209	212	219	207
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-145	-13	204	357	326	228
Total Preferred & Common Equity	-145	-13	204	357	326	228
Total Common Equity	-145	-13	204	357	326	228
Common Stock	185	529	1,034	1,595	1,821	2,060
Retained Earnings	-330	-541	-830	-1,238	-1,495	-1,828
Accumulated Other Comprehensive Income / (Loss)	-0.10	0.04	-0.63	-0.87	-0.24	-3.85

This table presents Asana's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	10/31/2021	4/30/2022	7/31/2022	10/31/2022	4/30/2023	7/31/2023	10/31/2023	4/30/2024	7/31/2024	10/31/2024
Total Assets	720	691	640	953	984	956	948	978	945	874
Total Current Assets	419	397	352	656	671	651	644	674	640	571
Cash & Equivalents	272	197	148	509	382	414	268	222	219	197
Restricted Cash	-	-	-	-	-	-	-	-	0.46	0.32
Short-Term Investments	72	84	90	36	141	124	262	302	302	259
Accounts Receivable	47	67	53	59	99	66	68	100	65	67
Prepaid Expenses	28	49	60	51	48	47	46	50	53	49
Plant, Property, & Equipment, net	101	98	95	95	97	98	98	97	96	97
Total Noncurrent Assets	201	196	193	203	217	207	205	207	209	206
Other Noncurrent Operating Assets	191	195	193	203	217	207	205	207	209	206
Total Liabilities & Shareholders' Equity	720	691	640	953	984	956	948	978	945	874
Total Liabilities	472	535	548	558	636	622	616	658	653	635
Total Current Liabilities	224	289	305	310	353	344	343	394	393	383
Accounts Payable	13	16	9.55	8.12	8.87	5.19	9.99	13	14	13
Accrued Expenses	49	61	75	75	70	67	66	68	73	69
Current Deferred Revenue	151	199	207	212	258	255	250	292	286	280
Other Current Liabilities	11	14	13	15	17	16	18	20	21	22
Total Noncurrent Liabilities	249	246	242	248	283	278	273	265	260	252
Long-Term Debt	36	33	32	30	46	45	45	42	41	40
Noncurrent Deferred Revenue	-	3.09	3.03	2.64	6.22	6.23	5.77	4.88	3.68	2.58
Other Noncurrent Operating Liabilities	213	209	207	215	231	227	222	217	215	209
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	247	156	92	395	348	334	332	320	292	239
Total Preferred & Common Equity	247	156	92	395	348	334	332	320	292	239
Total Common Equity	247	156	92	395	348	334	332	320	292	239
Common Stock	987	1,086	1,135	1,540	1,647	1,706	1,768	1,881	1,943	2,003
Retained Earnings	-740	-929	-1,042	-1,143	-1,299	-1,370	-1,432	-1,558	-1,650	-1,763
Accumulated Other Comprehensive Income / (Loss)	-0.20	-1.25	-1.65	-2.70	-0.32	-1.32	-3.28	-2.47	-0.78	-0.98

This table displays calculated financial ratios and metrics derived from Asana's official financial filings.

Metric	2019	2020	2021	2022	2023	2024	2025
Period end date	1/31/2019	1/31/2020	1/31/2021	1/31/2022	1/31/2023	1/31/2024	1/31/2025
Growth Metrics	-	-	-	-	-	-	-
Revenue Growth	0.00%	85.76%	59.18%	66.71%	44.60%	19.24%	10.94%
EBITDA Growth	0.00%	-139.01%	-24.50%	-65.80%	-56.61%	42.01%	3.37%
EBIT Growth	0.00%	-127.38%	-47.13%	-53.29%	-50.30%	37.80%	0.92%
NOPAT Growth	0.00%	-130.00%	-46.76%	-51.04%	-53.79%	33.80%	1.21%
Net Income Growth	0.00%	-132.86%	-78.52%	-36.20%	-41.42%	36.97%	0.58%
EPS Growth	0.00%	-116.67%	-17.75%	18.09%	-25.15%	42.65%	5.13%
Operating Cash Flow Growth	0.00%	-32.99%	-131.39%	9.78%	-91.03%	88.80%	183.24%
Free Cash Flow Firm Growth	0.00%	0.00%	-267.96%	-10.40%	-60.61%	29.78%	17.89%
Invested Capital Growth	0.00%	0.00%	21.18%	-103.47%	-65.10%	-18.58%	-33.96%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	13.01%	7.52%	3.31%	2.43%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	-20.65%	-0.59%	12.81%	1.50%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	-16.32%	-1.07%	11.19%	0.25%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	-15.76%	-3.07%	10.38%	1.61%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	-10.98%	-1.24%	11.26%	0.04%
EPS Q/Q Growth	0.00%	0.00%	0.00%	-10.88%	2.39%	12.03%	0.89%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	-2.28%	-33.79%	4.89%	46.78%	191.75%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	-3.64%	6.90%	18.26%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	-8.27%	-5.04%	2.33%	-13.46%
Profitability Metrics	-	-	-	-	-	-	-
Gross Margin	81.98%	86.06%	87.34%	89.72%	89.66%	90.11%	89.34%
EBITDA Margin	-62.89%	-80.92%	-63.28%	-62.94%	-68.17%	-33.15%	-28.88%
Operating Margin	-67.75%	-83.89%	-77.34%	-70.07%	-74.53%	-41.38%	-36.85%
EBIT Margin	-67.75%	-82.93%	-76.65%	-70.48%	-73.26%	-38.22%	-34.13%
Profit (Net Income) Margin	-66.34%	-83.16%	-93.26%	-76.19%	-74.52%	-39.39%	-35.30%
Tax Burden Percent	100.06%	100.21%	100.73%	101.14%	101.21%	101.46%	101.90%
Interest Burden Percent	97.86%	100.07%	120.79%	106.89%	100.50%	101.58%	101.49%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	0.00%	-112.66%	-457.87%	-301.85%	-145.52%	-75.27%	-92.26%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	0.00%	-28.05%	-30.19%	-37.09%	-48.24%	-26.02%	-26.66%
Return on Assets (ROA)	0.00%	-28.12%	-36.73%	-40.10%	-49.07%	-26.82%	-27.58%
Return on Common Equity (ROCE)	0.00%	155.52%	782.79%	-301.85%	-145.52%	-75.27%	-92.26%
Return on Equity Simple (ROE_SIMPLE)	0.00%	81.61%	1,655.41%	-141.46%	-114.36%	-78.75%	-112.31%
Net Operating Profit after Tax (NOPAT)	-36	-84	-123	-186	-285	-189	-187
NOPAT Margin	-47.43%	-58.72%	-54.14%	-49.05%	-52.17%	-28.97%	-25.79%
Net Nonoperating Expense Percent (NNEP)	0.00%	-45.59%	-100.02%	-67.37%	-32.06%	-14.20%	-15.23%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-70.79%	-51.08%	-69.98%
Cost of Revenue to Revenue	18.02%	13.94%	12.66%	10.28%	10.34%	9.89%	10.66%
SG&A Expenses to Revenue	26.39%	32.85%	33.57%	31.37%	30.39%	21.66%	21.00%
R&D to Revenue	55.47%	62.88%	53.36%	53.67%	54.31%	49.76%	47.17%
Operating Expenses to Revenue	149.73%	169.95%	164.68%	159.80%	164.19%	131.49%	126.18%
Earnings before Interest and Taxes (EBIT)	-52	-118	-174	-267	-401	-249	-247
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-48	-115	-144	-238	-373	-216	-209
Valuation Ratios	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	48.00	9.25	11.88	21.45
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	48.00	9.25	11.88	21.45
Price to Revenue (P/Rev)	10.95	5.90	24.80	25.85	6.03	5.94	6.74
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	0.00	6.61	24.69	25.11	5.15	5.21	6.15
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	298.37
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-
Debt to Equity	0.00	1.93	-29.77	0.17	0.13	0.13	0.17
Long-Term Debt to Equity	0.00	1.93	-29.77	0.17	0.13	0.13	0.17
Financial Leverage	0.00	-1.45	-1.92	-1.60	-1.36	-1.40	-1.63
Leverage Ratio	0.00	4.01	12.47	7.53	2.97	2.81	3.35
Compound Leverage Factor	0.00	4.01	15.06	8.05	2.98	2.85	3.40
Debt to Total Capital	0.00%	65.86%	103.48%	14.52%	11.58%	11.79%	14.73%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	65.86%	103.48%	14.52%	11.58%	11.79%	14.73%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	81.26%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	-47.12%	-3.48%	85.48%	88.42%	88.21%	85.27%
Debt to EBITDA	0.00	-1.76	-2.65	-0.15	-0.13	-0.20	-0.19
Net Debt to EBITDA	0.00	1.28	0.17	1.18	1.29	2.20	2.05
Long-Term Debt to EBITDA	0.00	-1.76	-2.65	-0.15	-0.13	-0.20	-0.19
Debt to NOPAT	0.00	-2.43	-3.10	-0.19	-0.16	-0.23	-0.21
Net Debt to NOPAT	0.00	1.77	0.20	1.51	1.69	2.52	2.29
Long-Term Debt to NOPAT	0.00	-2.43	-3.10	-0.19	-0.16	-0.23	-0.21
Altman Z-Score	0.00	0.71	3.49	9.58	1.09	1.67	1.69
Noncontrolling Interest Sharing Ratio	0.00%	238.05%	270.97%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-
Current Ratio	0.00	3.80	2.73	1.61	1.99	1.80	1.44
Quick Ratio	0.00	3.64	2.56	1.45	1.84	1.66	1.33
Cash Flow Metrics	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-36	-133	-147	-236	-166	-136
Operating Cash Flow to CapEx	-885.82%	-552.69%	-159.28%	-196.13%	-2,236.38%	-136.24%	121.52%
Free Cash Flow to Firm to Interest Expense	0.00	-463.33	-3.68	-7.99	-117.89	-41.90	-36.92
Operating Cash Flow to Interest Expense	0.00	-514.56	-2.57	-4.56	-80.03	-4.54	4.05
Operating Cash Flow Less CapEx to Interest Expense	0.00	-607.67	-4.18	-6.88	-83.61	-7.87	0.72
Efficiency Ratios	-	-	-	-	-	-	-
Asset Turnover	0.00	0.34	0.39	0.53	0.66	0.68	0.78
Accounts Receivable Turnover	0.00	11.27	10.12	8.29	7.74	7.65	8.23
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	14.12	5.37	4.35	5.62	6.81	7.53
Accounts Payable Turnover	0.00	2.63	3.35	3.68	5.92	8.92	9.17
Days Sales Outstanding (DSO)	0.00	32.40	36.06	44.02	47.17	47.74	44.35
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	138.59	108.89	99.26	61.67	40.90	39.79
Cash Conversion Cycle (CCC)	0.00	-106.19	-72.83	-55.24	-14.49	6.84	4.56
Capital & Investment Metrics	-	-	-	-	-	-	-
Invested Capital	0.00	-48	-38	-76	-126	-149	-200
Invested Capital Turnover	0.00	-5.99	-5.33	-6.65	-5.41	-4.74	-4.14
Increase / (Decrease) in Invested Capital	0.00	-48	10	-39	-50	-23	-51
Enterprise Value (EV)	0.00	943	5,605	9,504	2,815	3,401	4,453
Market Capitalization	841	841	5,630	9,784	3,298	3,877	4,881
Book Value per Share	$0.00	($2.07)	($0.08)	$1.09	$1.68	$1.47	$0.99
Tangible Book Value per Share	$0.00	($2.07)	($0.08)	$1.09	$1.68	$1.47	$0.99
Total Capital	0.00	308	368	238	403	370	267
Total Debt	0.00	203	381	35	47	44	39
Total Long-Term Debt	0.00	203	381	35	47	44	39
Net Debt	0.00	-148	-25	-280	-483	-476	-428
Capital Expenditures (CapEx)	3.41	7.26	58	43	7.16	13	12
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-71	-104	-156	-201	-227	-282
Debt-free Net Working Capital (DFNWC)	0.00	281	282	156	328	293	185
Net Working Capital (NWC)	0.00	281	282	156	328	293	185
Net Nonoperating Expense (NNE)	15	35	89	103	122	68	69
Net Nonoperating Obligations (NNO)	0.00	-153	-25	-280	-483	-476	-428
Total Depreciation and Amortization (D&A)	3.73	2.87	30	29	28	33	38
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-49.65%	-45.81%	-41.18%	-36.77%	-34.78%	-38.97%
Debt-free Net Working Capital to Revenue	0.00%	196.70%	124.35%	41.28%	59.95%	44.83%	25.55%
Net Working Capital to Revenue	0.00%	196.70%	124.35%	41.28%	59.95%	44.83%	25.55%
Earnings Adjustments	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	($1.99)	($1.63)	($2.04)	($1.17)	($1.11)
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	163.05M	176.40M	200.03M	220.41M	229.47M
Adjusted Diluted Earnings per Share	$0.00	$0.00	($1.99)	($1.63)	($2.04)	($1.17)	($1.11)
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	163.05M	176.40M	200.03M	220.41M	229.47M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	($1.99)	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	106.34M	189.16M	214.39M	224.81M	233.08M
Normalized Net Operating Profit after Tax (NOPAT)	-36	-84	-123	-186	-285	-189	-187
Normalized NOPAT Margin	-47.43%	-58.72%	-54.14%	-49.05%	-52.17%	-28.97%	-25.79%
Pre Tax Income Margin	-66.30%	-82.99%	-92.59%	-75.34%	-73.63%	-38.82%	-34.64%
Debt Service Ratios	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	-1,516.23	-4.81	-14.51	-200.45	-63.10	-67.09
NOPAT to Interest Expense	0.00	-1,073.61	-3.40	-10.10	-142.74	-47.82	-50.70
EBIT Less CapEx to Interest Expense	0.00	-1,609.33	-6.42	-16.83	-204.03	-66.43	-70.42
NOPAT Less CapEx to Interest Expense	0.00	-1,166.71	-5.01	-12.42	-146.32	-51.15	-54.03
Payout Ratios	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-0.03%	-0.06%	-0.02%	-0.01%	0.00%	0.00%	-30.66%

This table displays calculated financial ratios and metrics derived from Asana's official financial filings.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	7/31/2022	10/31/2022	1/31/2023	4/30/2023	7/31/2023	10/31/2023	1/31/2024	4/30/2024	7/31/2024	10/31/2024	1/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	50.76%	40.96%	34.20%	26.33%	20.43%	17.72%	13.91%	13.15%	10.31%	10.44%	10.05%
EBITDA Growth	-100.00%	-47.18%	-2.68%	43.76%	41.65%	44.60%	37.72%	-0.56%	2.91%	5.13%	6.05%
EBIT Growth	-84.56%	-45.65%	-4.81%	38.94%	37.89%	39.95%	34.14%	-3.74%	-1.18%	7.86%	1.03%
NOPAT Growth	-85.30%	-48.50%	-13.96%	32.20%	34.05%	37.27%	31.51%	-1.42%	-4.65%	5.11%	6.42%
Net Income Growth	-65.27%	-45.65%	-5.53%	37.83%	36.78%	38.80%	34.34%	-3.67%	-1.09%	7.16%	0.16%
EPS Growth	-47.50%	-32.43%	10.20%	46.15%	44.07%	42.86%	36.36%	0.00%	6.06%	10.71%	3.57%
Operating Cash Flow Growth	-389.06%	-62.03%	20.92%	64.52%	148.58%	82.17%	50.68%	86.99%	-21.62%	-80.86%	203.38%
Free Cash Flow Firm Growth	-220.84%	-6.27%	10.70%	56.26%	71.46%	46.64%	-22.21%	-45.94%	-167.45%	-64.41%	125.86%
Invested Capital Growth	-72.80%	-70.17%	-65.10%	-38.99%	-37.40%	-27.53%	-18.58%	-25.22%	-19.80%	-15.32%	-33.96%
Revenue Q/Q Growth	11.81%	4.85%	6.22%	1.45%	6.59%	2.49%	2.78%	0.77%	3.92%	2.61%	2.42%
EBITDA Q/Q Growth	-14.59%	11.49%	9.07%	39.02%	-18.89%	15.96%	-2.22%	1.54%	-14.79%	17.88%	-1.23%
EBIT Q/Q Growth	-14.20%	10.43%	7.77%	35.28%	-16.18%	13.40%	-1.15%	-1.94%	-13.31%	21.14%	-8.65%
NOPAT Q/Q Growth	-15.63%	9.13%	1.87%	34.24%	-12.47%	13.58%	-7.14%	2.62%	-16.06%	21.64%	-5.66%
Net Income Q/Q Growth	-14.26%	10.68%	5.83%	35.31%	-16.18%	13.53%	-1.05%	-2.12%	-13.29%	20.59%	-8.67%
EPS Q/Q Growth	-13.46%	16.95%	10.20%	36.36%	-17.86%	15.15%	0.00%	0.00%	-10.71%	19.35%	-8.00%
Operating Cash Flow Q/Q Growth	-1.25%	-10.88%	32.65%	53.08%	238.64%	-140.69%	-86.29%	87.62%	935.51%	-193.90%	206.48%
Free Cash Flow Firm Q/Q Growth	-37.63%	27.82%	7.24%	52.53%	10.22%	-34.97%	-112.44%	43.31%	-64.53%	17.03%	133.41%
Invested Capital Q/Q Growth	-23.36%	-4.48%	-5.04%	-2.66%	-21.95%	3.02%	2.33%	-8.41%	-16.67%	6.65%	-13.46%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	89.80%	89.28%	89.88%	90.26%	90.01%	90.36%	89.84%	89.68%	88.85%	89.23%	89.59%
EBITDA Margin	-77.62%	-65.53%	-56.09%	-33.72%	-37.61%	-30.84%	-30.67%	-29.97%	-33.10%	-26.49%	-26.18%
Operating Margin	-82.49%	-71.49%	-66.04%	-42.81%	-45.17%	-38.09%	-39.70%	-38.37%	-42.85%	-32.73%	-33.76%
EBIT Margin	-82.61%	-70.57%	-61.28%	-39.09%	-42.61%	-36.00%	-35.43%	-35.84%	-39.08%	-30.04%	-31.86%
Profit (Net Income) Margin	-83.75%	-71.34%	-63.25%	-40.33%	-43.96%	-37.09%	-36.46%	-36.95%	-40.28%	-31.18%	-33.08%
Tax Burden Percent	101.09%	100.63%	102.25%	101.52%	101.75%	101.31%	101.23%	101.55%	101.69%	102.07%	102.36%
Interest Burden Percent	100.28%	100.46%	100.95%	101.62%	101.40%	101.69%	101.66%	101.52%	101.36%	101.69%	101.42%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	-199.88%	-125.40%	-145.52%	-146.95%	-154.24%	-79.67%	-75.27%	-77.63%	-83.06%	-89.47%	-92.26%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	-56.21%	-42.94%	-40.35%	-27.02%	-32.38%	-23.93%	-24.12%	-24.57%	-28.33%	-23.30%	-24.89%
Return on Assets (ROA)	-56.98%	-43.41%	-41.65%	-27.88%	-33.41%	-24.65%	-24.82%	-25.33%	-29.20%	-24.19%	-25.84%
Return on Common Equity (ROCE)	-199.88%	-125.40%	-145.52%	-146.95%	-154.24%	-79.67%	-75.27%	-77.63%	-83.06%	-89.47%	-92.26%
Return on Equity Simple (ROE_SIMPLE)	-402.91%	-101.98%	0.00%	-106.40%	-98.37%	-87.20%	0.00%	-81.05%	-89.09%	-106.84%	0.00%
Net Operating Profit after Tax (NOPAT)	-78	-71	-69	-46	-51	-44	-48	-46	-54	-42	-45
NOPAT Margin	-57.74%	-50.04%	-46.23%	-29.97%	-31.62%	-26.66%	-27.79%	-26.86%	-30.00%	-22.91%	-23.63%
Net Nonoperating Expense Percent (NNEP)	-12.69%	-7.23%	-6.71%	-4.35%	-5.74%	-3.47%	-3.10%	-3.63%	-3.79%	-3.37%	-3.94%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-17.22%	-	-	-	-12.85%	-	-	-	-16.68%
Cost of Revenue to Revenue	10.20%	10.72%	10.12%	9.74%	9.99%	9.64%	10.16%	10.32%	11.15%	10.77%	10.41%
SG&A Expenses to Revenue	34.68%	26.98%	25.46%	21.82%	23.88%	20.72%	20.33%	19.54%	20.21%	19.72%	24.33%
R&D to Revenue	55.77%	53.39%	54.09%	50.07%	51.94%	48.66%	48.48%	48.01%	50.86%	45.29%	44.73%
Operating Expenses to Revenue	172.29%	160.77%	155.92%	133.07%	135.18%	128.45%	129.54%	128.05%	131.70%	121.96%	123.35%
Earnings before Interest and Taxes (EBIT)	-111	-100	-92	-60	-69	-60	-61	-62	-70	-55	-60
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-105	-93	-84	-51	-61	-51	-52	-52	-59	-49	-49
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	39.90	10.00	9.25	9.97	15.75	12.22	11.88	10.45	11.37	11.39	21.45
Price to Tangible Book Value (P/TBV)	39.90	10.00	9.25	9.97	15.75	12.22	11.88	10.45	11.37	11.39	21.45
Price to Revenue (P/Rev)	7.86	7.76	6.03	5.99	8.68	6.42	5.94	4.97	4.81	3.86	6.74
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	7.41	6.75	5.15	5.17	7.87	5.66	5.21	4.25	4.12	3.27	6.15
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	298.37
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.35	0.08	0.13	0.13	0.14	0.14	0.13	0.13	0.14	0.17	0.17
Long-Term Debt to Equity	0.35	0.08	0.13	0.13	0.14	0.14	0.13	0.13	0.14	0.17	0.17
Financial Leverage	-1.49	-1.30	-1.36	-1.44	-1.64	-1.38	-1.40	-1.44	-1.55	-1.58	-1.63
Leverage Ratio	3.70	2.60	2.97	3.32	3.74	2.61	2.81	2.94	3.04	3.19	3.35
Compound Leverage Factor	3.71	2.62	2.99	3.38	3.80	2.66	2.85	2.98	3.08	3.24	3.39
Debt to Total Capital	25.75%	7.16%	11.58%	11.69%	11.97%	11.90%	11.79%	11.70%	12.35%	14.29%	14.73%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	25.75%	7.16%	11.58%	11.69%	11.97%	11.90%	11.79%	11.70%	12.35%	14.29%	14.73%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	74.25%	92.84%	88.42%	88.31%	88.03%	88.10%	88.21%	88.30%	87.65%	85.71%	85.27%
Debt to EBITDA	-0.09	-0.08	-0.13	-0.14	-0.16	-0.18	-0.20	-0.20	-0.19	-0.19	-0.19
Net Debt to EBITDA	0.61	1.39	1.29	1.43	1.70	1.96	2.20	2.22	2.24	1.96	2.05
Long-Term Debt to EBITDA	-0.09	-0.08	-0.13	-0.14	-0.16	-0.18	-0.20	-0.20	-0.19	-0.19	-0.19
Debt to NOPAT	-0.13	-0.11	-0.16	-0.17	-0.19	-0.21	-0.23	-0.22	-0.21	-0.21	-0.21
Net Debt to NOPAT	0.82	1.86	1.69	1.81	2.07	2.30	2.52	2.54	2.50	2.19	2.29
Long-Term Debt to NOPAT	-0.13	-0.11	-0.16	-0.17	-0.19	-0.21	-0.23	-0.22	-0.21	-0.21	-0.21
Altman Z-Score	1.99	3.19	2.16	2.20	3.85	2.68	2.32	1.64	1.40	0.61	2.38
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.15	2.11	1.99	1.90	1.89	1.88	1.80	1.71	1.63	1.49	1.44
Quick Ratio	0.96	1.95	1.84	1.76	1.76	1.74	1.66	1.59	1.49	1.36	1.33
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-30	-21	-20	-9.38	-8.42	-11	-24	-14	-23	-19	6.24
Operating Cash Flow to CapEx	-6,558.74%	-1,974.26%	-1,014.65%	-543.10%	359.55%	-254.73%	-949.66%	-79.85%	511.88%	-452.45%	450.94%
Free Cash Flow to Firm to Interest Expense	-94.89	-46.61	-22.58	-9.70	-8.70	-11.23	-24.03	-14.53	-23.58	-20.01	7.33
Operating Cash Flow to Interest Expense	-133.92	-101.05	-35.54	-15.09	20.90	-8.14	-15.26	-2.01	16.61	-15.94	18.61
Operating Cash Flow Less CapEx to Interest Expense	-135.96	-106.16	-39.04	-17.87	15.09	-11.33	-16.87	-4.54	13.36	-19.47	14.48
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.68	0.61	0.66	0.69	0.76	0.66	0.68	0.69	0.72	0.78	0.78
Accounts Receivable Turnover	10.74	9.57	7.74	6.98	10.21	9.92	7.65	6.77	10.49	10.48	8.23
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	4.76	5.22	5.62	5.94	6.28	6.55	6.81	6.94	7.12	7.25	7.53
Accounts Payable Turnover	6.08	4.90	5.92	4.78	8.34	6.89	8.92	6.20	7.49	6.64	9.17
Days Sales Outstanding (DSO)	33.98	38.16	47.17	52.29	35.76	36.81	47.74	53.91	34.79	34.84	44.35
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	60.02	74.56	61.67	76.41	43.76	53.01	40.90	58.87	48.73	54.99	39.79
Cash Conversion Cycle (CCC)	-26.03	-36.40	-14.49	-24.12	-8.00	-16.21	6.84	-4.95	-13.94	-20.15	4.56
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	-115	-120	-126	-129	-158	-153	-149	-162	-189	-176	-200
Invested Capital Turnover	-5.16	-5.34	-5.41	-5.20	-4.45	-4.63	-4.74	-4.62	-3.98	-4.29	-4.14
Increase / (Decrease) in Invested Capital	-48	-49	-50	-36	-43	-33	-23	-33	-31	-23	-51
Enterprise Value (EV)	3,469	3,435	2,815	2,991	4,773	3,572	3,401	2,861	2,838	2,309	4,453
Market Capitalization	3,676	3,950	3,298	3,469	5,265	4,057	3,877	3,343	3,319	2,724	4,881
Book Value per Share	$0.48	$2.06	$1.68	$1.62	$1.54	$1.51	$1.47	$1.42	$1.28	$1.05	$0.99
Tangible Book Value per Share	$0.48	$2.06	$1.68	$1.62	$1.54	$1.51	$1.47	$1.42	$1.28	$1.05	$0.99
Total Capital	124	425	403	394	380	377	370	362	333	279	267
Total Debt	32	30	47	46	45	45	44	42	41	40	39
Total Long-Term Debt	32	30	47	46	45	45	44	42	41	40	39
Net Debt	-207	-515	-483	-477	-492	-485	-476	-482	-481	-416	-428
Capital Expenditures (CapEx)	0.64	2.34	3.07	2.69	5.63	3.23	1.62	2.38	3.10	3.29	3.52
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-192	-200	-201	-206	-230	-229	-227	-244	-275	-267	-282
Debt-free Net Working Capital (DFNWC)	47	345	328	317	307	301	293	281	247	188	185
Net Working Capital (NWC)	47	345	328	317	307	301	293	281	247	188	185
Net Nonoperating Expense (NNE)	35	30	26	16	20	17	15	17	18	15	18
Net Nonoperating Obligations (NNO)	-207	-515	-483	-477	-492	-485	-476	-482	-481	-416	-428
Total Depreciation and Amortization (D&A)	6.73	7.14	7.79	8.19	8.12	8.59	8.15	10	11	6.52	11
Debt-free, Cash-free Net Working Capital to Revenue	-41.10%	-39.31%	-36.77%	-35.64%	-37.96%	-36.23%	-34.78%	-36.24%	-39.88%	-37.82%	-38.97%
Debt-free Net Working Capital to Revenue	9.97%	67.86%	59.95%	54.79%	50.66%	47.69%	44.83%	41.72%	35.86%	26.65%	25.55%
Net Working Capital to Revenue	9.97%	67.86%	59.95%	54.79%	50.66%	47.69%	44.83%	41.72%	35.86%	26.65%	25.55%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.59)	($0.49)	($0.44)	($0.28)	($0.33)	($0.28)	($0.28)	($0.28)	($0.31)	($0.25)	($0.27)
Adjusted Weighted Average Basic Shares Outstanding	191.35M	204.66M	200.03M	216.41M	219.00M	221.78M	220.41M	227.07M	229.76M	229.62M	229.47M
Adjusted Diluted Earnings per Share	($0.59)	($0.49)	($0.44)	($0.28)	($0.33)	($0.28)	($0.28)	($0.28)	($0.31)	($0.25)	($0.27)
Adjusted Weighted Average Diluted Shares Outstanding	191.35M	204.66M	200.03M	216.41M	219.00M	221.78M	220.41M	227.07M	229.76M	229.62M	229.47M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	191.76M	212.77M	214.39M	216.84M	219.68M	222.53M	224.81M	228.10M	228.16M	228.72M	233.08M
Normalized Net Operating Profit after Tax (NOPAT)	-78	-71	-69	-46	-51	-44	-48	-46	-54	-42	-45
Normalized NOPAT Margin	-57.74%	-50.04%	-46.23%	-29.97%	-31.62%	-26.66%	-27.79%	-26.86%	-30.00%	-22.91%	-23.63%
Pre Tax Income Margin	-82.84%	-70.90%	-61.86%	-39.73%	-43.20%	-36.61%	-36.02%	-36.39%	-39.61%	-30.54%	-32.32%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-358.32	-218.42	-105.21	-61.61	-71.51	-59.23	-60.33	-65.61	-73.34	-59.13	-70.44
NOPAT to Interest Expense	-250.45	-154.87	-79.37	-47.23	-53.07	-43.87	-47.33	-49.17	-56.29	-45.10	-52.24
EBIT Less CapEx to Interest Expense	-360.36	-223.54	-108.72	-64.39	-77.32	-62.42	-61.94	-68.14	-76.58	-62.66	-74.56
NOPAT Less CapEx to Interest Expense	-252.49	-159.99	-82.87	-50.01	-58.88	-47.06	-48.93	-51.69	-59.54	-48.63	-56.37
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-7.31%	-28.90%	-30.66%

Frequently Asked Questions About Asana's Financials

When does Asana's fiscal year end?

According to the most recent income statement we have on file, Asana's financial year ends in January. Their financial year 2025 ended on January 31, 2025.

How has Asana's net income changed over the last 6 years?

Asana's net income appears to be on an upward trend, with a most recent value of -$255.54 million in 2025, rising from -$50.93 million in 2019. The previous period was -$257.03 million in 2024. See Asana's forecast for analyst expectations on what’s next for the company.

What is Asana's operating income?

Asana's total operating income in 2025 was -$266.74 million, based on the following breakdown:

Total Gross Profit: $646.68 million
Total Operating Expenses: $913.42 million

How has Asana revenue changed over the last 6 years?

Over the last 6 years, Asana's total revenue changed from $76.77 million in 2019 to $723.88 million in 2025, a change of 842.9%.

How much debt does Asana have?

Asana's total liabilities were at $663.89 million at the end of 2025, a 4.5% increase from 2024, and a 109.8% increase since 2020.

How much cash does Asana have?

In the past 5 years, Asana's cash and equivalents has ranged from $184.73 million in 2025 to $526.56 million in 2023, and is currently $184.73 million as of their latest financial filing in 2025.

How has Asana's book value per share changed over the last 6 years?

Over the last 6 years, Asana's book value per share changed from 0.00 in 2019 to 0.99 in 2025, a change of 99.5%.

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This page (NYSE:ASAN) was last updated on 5/7/2025 by MarketBeat.com Staff

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Asana (ASAN) Financials

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