Non-GAAP Profitability Achievement
Asana achieved non-GAAP profitability for the first time in Q1 of FY2026, with non-GAAP operating margins improving over 1,300 basis points year over year.
AI Studio's Early Success
AI Studio surpassed $1 million in ARR, showing strong early momentum and demonstrating significant potential for future revenue growth.
Enterprise Customer Growth
Customers spending $100,000 or more grew 20% year over year, and the company closed the largest deal in its history, a $100 million-plus contract renewal.
Revenue and Cash Flow Improvements
Total revenues were up 9% year over year, exceeding guidance, with adjusted free cash flow margin improving by more than 700 basis points, reaching 5%.
International Revenue Growth
International revenue grew by 11% year over year, driven by strong demand in EMEA and Japan.
New Offerings and Strategic Initiatives
Launched AI Studio Plus tier and Smart Workflow Gallery, enhancing AI capabilities and customer value.
Continued Expansion in Non-Tech Verticals
Non-tech verticals grew mid-teens year over year, now accounting for over 70% of the business.