Asana (ASAN) Financials

$18.27 +0.38 (+2.10%)

As of 09:37 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	2025	2024	2023	2022	2021	2020	2019
Period end date	1/31/2025	1/31/2024	1/31/2023	1/31/2022	1/31/2021	1/31/2020	1/31/2019
Net Income / (Loss) Attributable to Common Shareholders	-256	-257	-408	-288	-212	-119	-51
Consolidated Net Income / (Loss)	-256	-257	-408	-288	-212	-119	-51
Net Income / (Loss) Continuing Operations	-256	-257	-408	-288	-212	-119	-51
Total Pre-Tax Income	-251	-253	-403	-285	-210	-118	-51
Total Operating Income	-267	-270	-408	-265	-176	-120	-52
Total Gross Profit	647	588	491	340	198	123	63
Total Revenue	724	653	547	378	227	143	77
Operating Revenue	724	653	547	378	227	143	77
Total Cost of Revenue	77	65	57	39	29	20	14
Operating Cost of Revenue	77	65	57	39	29	20	14
Total Operating Expenses	913	858	898	605	374	242	115
Selling, General & Admin Expense	152	141	166	119	76	47	20
Marketing Expense	420	392	435	283	176	106	52
Research & Development Expense	341	325	297	203	121	90	43
Total Other Income / (Expense), net	16	17	4.93	-20	-35	1.29	1.11
Interest Expense	3.68	3.95	2.00	18	36	0.08	0.00
Other Income / (Expense), net	20	21	6.93	-1.54	1.57	1.37	-
Income Tax Expense	4.77	3.71	4.88	3.24	1.53	0.25	0.03
Basic Earnings per Share	($1.11)	($1.17)	($2.04)	($1.63)	($1.99)	($1.69)	($0.78)
Weighted Average Basic Shares Outstanding	229.47M	220.41M	200.03M	176.40M	106.34M	70.34M	65.21M
Diluted Earnings per Share	($1.11)	($1.17)	($2.04)	($1.63)	($1.99)	($1.69)	($0.78)
Weighted Average Diluted Shares Outstanding	229.47M	220.41M	200.03M	176.40M	106.34M	70.34M	65.21M
Weighted Average Basic & Diluted Shares Outstanding	233.08M	224.81M	214.39M	189.16M	106.34M	70.34M	65.21M

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

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

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

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

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

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

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

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

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

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

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. View Asana's forecast to see where analysts expect Asana to go next.

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 5/28/2025 by MarketBeat.com Staff

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Asana (ASAN) Financials

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