Asana, Inc. Reports Strong Fiscal Year 2025 Results

Asana, Inc. ( (ASAN) ) has released its Q4 earnings. Here is a breakdown of the information Asana, Inc. presented to its investors.

Asana, Inc. is a prominent enterprise work management platform that facilitates goal setting, tracking, and workflow automation for businesses across various sectors. The company recently reported its financial results for the fourth quarter and fiscal year 2025, highlighting a year of significant milestones, including positive operating and free cash flow, and improved operating margins.

In the fourth quarter of fiscal 2025, Asana achieved revenues of $188.3 million, marking a 10% increase year-over-year. The company also reported a substantial improvement in its non-GAAP operating margin, which rose by 820 basis points compared to the previous year. Asana’s AI Studio has shown promising early momentum, contributing to a multi-million dollar pipeline and expanding the company’s addressable market.

Key financial metrics for the fiscal year 2025 include total revenues of $723.9 million, an 11% increase from the previous year, and a reduction in non-GAAP operating loss to $40.8 million. The number of core customers spending $5,000 or more annually grew by 11%, while those spending $100,000 or more increased by 20%. Asana’s integration with AWS and recognition as a leader in collaborative work management further underscore its strategic advancements.

Looking ahead, Asana projects continued growth with expected revenues of $782 million to $790 million for fiscal 2026, representing an 8% to 9% increase. The company anticipates achieving non-GAAP profitability starting in the first quarter of fiscal 2026, driven by ongoing investments in AI and customer engagement initiatives.