NYSE$ASAN

Asana · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Asana reported financial results for the first quarter of fiscal 2025 ended April 30, 2024.

Asana's revenues grew 13% year-over-year to $172.4 million. The company reported a net loss of $63.7 million, or $0.28 per share, with 22,162 Core customers and a dollar-based net retention rate of 100%.

  • Revenues increased 13% to $172.4 million driven by new customers and higher-tier subscriptions.
  • Net loss was $63.7 million with operating loss of $66.2 million.
  • Dollar-based net retention rate was 100% and Core customers reached 22,162.
  • 607 customers spending over $100,000 annually, with international revenues at 39% of total.

Headline financials

Total Revenue

$172M

Previous: $152M+13.1%
EPS (adj)

-$0.28

Previous: -$0.28+0.0%
Dollar-based net retention rate

100.0%

No prior period
Core customers

22.2K

No prior period
Customers >$100k

607

No prior period
Capital Expenditures

-$1M

Previous: -$1.87M+46.3%
Free Cash Flow

-$64.7M

Previous: -$63.3M-2.2%
Net Income

-$63.7M

Previous: -$61.5M-3.7%
Operating Income

-$66.2M

Previous: -$65.2M-1.4%
Gross Profit

$155M

Previous: $138M+12.4%
Cash & Equivalents

$222M

Previous: $382M-41.9%
Total Assets

$978M

Previous: $984M-0.6%
R&D Expense

$82.8M

No prior period

Revenue & EPS history

Asana · Revenue · Quarterly

$172M

Q1 2025+13.1%vs Q1 2024
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Forward guidance

The company discussed forward-looking statements on growth, market adoption, and macroeconomic conditions.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

-0.0%

Avg return

Earnings day

+1.3%

Avg return

5 days after

-1.7%

Avg return

30 days after

42%

11 / 26 earnings

Positive

+40.2%

Q3 2024

Best reaction

-25.5%

Q3 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2027+15.6%+19.7%
Q4 2026-4.4%+9.0%-12.7%
Q3 2026+7.8%+9.0%-3.2%
Q2 2026+2.8%-2.2%-4.1%
Q1 2026-20.5%-22.9%-26.5%
Q4 2025-24.2%-16.8%-7.2%
Q3 2025+40.2%+47.9%+30.2%
Q3 2024+40.2%+47.9%+30.2%
Q2 2025-10.3%-16.2%-20.3%
Q2 2024-10.3%-16.2%-20.3%
Q1 2025+0.0%-7.8%+12.8%
Q1 2024-5.5%-1.5%+1.3%
Q4 2023-13.5%-15.9%-22.6%
Q4 2024-12.7%-15.1%-20.4%
Q3 2023-14.9%-14.8%-25.6%
Q2 2023-13.1%-7.1%-26.4%
Q1 2023-7.0%-3.4%-7.7%
Q4 2022+21.1%+18.5%+11.1%
Q3 2022-10.8%-25.6%-24.2%
Q2 2022+25.8%+52.0%+27.2%
Q1 2022+6.2%+7.0%-15.7%
Q4 2021-14.6%-25.9%-22.6%
Q3 2021-25.5%-17.4%-17.1%
Q2 2021+18.0%+24.2%+34.8%
Q1 2021+6.3%+7.8%+82.2%
Q4 2020+3.4%-0.4%+3.3%
Q1 2019

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