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Asana (ASAN)
NYSE:ASAN
Earnings Data
Report Date
May 28, 2026During Market Hours (Confirmed)
Period Ending
2027 (Q1)Consensus EPS Forecast
0.08Last Year’s EPS
0.05Same Quarter Last Year
Based on 12 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted strong execution on profitability, cash flow, enterprise demand, and accelerating AI product traction (AI Studio >$6M ARR and >50% QoQ growth; >200 customers in AI Teammates beta). Management showed disciplined cost management with notable operating margin expansion and improved RPO and deferred revenue. Key risks include persistent PLG/self-serve top-of-funnel headwinds (modeled as a ~2-point ARR drag), NRR remaining below 100% (though improving in-quarter), and limited near-term revenue from AI Teammates. Guidance is cautious but reflects confidence in margin expansion while investing in AI. Overall, positives around enterprise momentum, AI monetization, and margin progress materially outweigh the near-term PLG and retention challenges.Company Guidance
Q4 Revenue Growth
Q4 revenues were $205.6M, up 9% year-over-year.
Full-Year Revenue and Customer Growth
FY '26 revenue was $790.8M, up 9% year-over-year; added over 1,800 Core customers during the year. Core customers (25,928) accounted for 76% of Q4 revenue and Core revenue grew 10% YoY.
Profitability and Margin Expansion
Non-GAAP operating income in Q4 was $18.2M (9% operating margin), representing a 10 percentage-point improvement year-over-year. Adjusted free cash flow for Q4 was $25.7M (13% margin). Non-GAAP gross margin was ~88%.
Improved Cost Efficiency
R&D expense decreased to 23% of revenue (from 29% a year ago), Sales & Marketing to 43% (from 45%), and G&A to 13% (from 17%), reflecting operating discipline and reallocation to higher-leverage areas.
AI Product Traction (AI Studio & AI Teammates)
AI Studio exited FY '26 with over $6M ARR and grew >50% quarter-over-quarter in Q4. Over 200 customers onboarded into the AI Teammates beta. Company expects AI offerings to represent nearly 15% of new ARR in FY '27 and plans $10M incremental AI R&D for FY '27.
Strong Enterprise Demand and RPO Acceleration
Total RPO was $524.8M, up 22% YoY; Current RPO grew 17% YoY. Top-10 renewals in Q4 delivered net revenue retention above 100% and billings accelerated in the quarter.
Expansion in Large Customers
817 customers spending $100K+ (cohort grew 13% YoY); added over 90 customers spending $100K+ during the year; several large seat expansions and enterprise wins highlighted (e.g., global data integration/analytics leader, design leader).
International and Vertical Strength
International revenue grew 11% YoY; non-tech verticals (manufacturing, energy & utilities, retail, consumer goods, healthcare) grew in the teens. Notable international wins in Europe, Japan, and Australia; government wins beginning to materialize.
Balance Sheet & Capital Allocation
Cash and marketable securities approximately $434M at quarter-end; Q4 share buybacks of $58M (4.5M shares) and Board increased buyback authorization by $160M (nearly $200M available).
Guidance with Continued Margin Expansion
Q1 FY27 revenue guide of $202.5M–$204.5M (8.1%–9.2% YoY) and FY27 revenue guide of $850M–$858M (7.5%–8.5% YoY). Company expects non-GAAP operating margin of at least 9.5% for FY27 and plans to expand margins while investing in AI and GTM productivity.
ASAN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ASAN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 02, 2026 | $7.30 | ― | ― |
Dec 02, 2025 | $13.39 | $14.43 | +7.77% |
Sep 03, 2025 | $14.23 | $14.63 | +2.81% |
Jun 04, 2025 | $15.11 | $14.72 | -2.58% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Asana (ASAN) report earnings?
Asana (ASAN) is schdueled to report earning on May 28, 2026, During Market Hours (Confirmed).
What is Asana (ASAN) earnings time?
Asana (ASAN) earnings time is at May 28, 2026, During Market Hours (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ASAN EPS forecast?
ASAN EPS forecast for the fiscal quarter 2027 (Q1) is 0.08.
