NYSE$ASAN

Asana · Q4 2026 earnings

Q4 2026 earnings · · After market close · Investor relations

Briefing

Asana reported fiscal Q4 2026 revenue of $205.6M and non-GAAP diluted EPS of $0.08.

Q4 revenue grew 9% to $205.6 million. GAAP operating loss narrowed to $34.0 million (17% margin) from 34% a year ago; non-GAAP operating income was $18.2 million (9% margin). Non-GAAP net income was $19.9 million ($0.08 diluted EPS). Adjusted free cash flow was $25.7 million (+108% YoY).

  • FY26 revenue $790.8M (+9%); non-GAAP operating margin 7%.
  • Core customers 25,928 (+8% YoY).
  • Board added $160M to repurchase authorization.
  • AI Studio adoption and AI Teammates launch planned.

Headline financials

Total Revenue

$206M

Previous: $188M+9.2%
EPS (adj)

$0.08

Previous: -$0.27+129.6%
Core Customer NRR

97.0%

No prior period
Large Customer NRR

96.0%

No prior period
Dollar-based net retention rate

96.0%

No prior period
Core customers

25.9K

Previous: 24.0K+8.0%
Customers >$100k

817

Previous: 723+13.0%
Net Income

-$32.2M

Previous: -$62.3M+48.3%
Operating Income

-$34M

Previous: -$63.6M+46.6%
Gross Profit

$181M

No prior period

Revenue & EPS history

Asana · Revenue · Quarterly

$206M

Q4 2026+9.2%vs Q4 2025
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Forward guidance

FY27 revenue growth and margin expansion tied to enterprise and AI platform.

Tailwinds

  • Non-GAAP profitability and positive FCF in Q4/FY26.
  • $200M repurchase capacity.

Headwinds

  • Competition in work management and AI agents.
  • GAAP still loss-making.

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 Q4 2026

Historical avgQ4 2026

-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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