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Asana (ASAN)
NYSE:ASAN
Earnings Data
Report Date
Jun 03, 2025TBA Not Confirmed
Period Ending
2026 (Q1)Consensus EPS Forecast
0.02Last Year’s EPS
-0.06Same Quarter Last Year
Based on 14 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 10, 2025
|% Change Since: 3.78%
|Next Earnings Date:Jun 03, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong revenue growth, expansion in non-tech verticals, and significant early success with AI Studio. However, challenges in the tech vertical, macroeconomic impacts, and a decline in net retention for large customers were notable concerns. The transition to positive free cash flow and strategic channel expansions are promising, but headwinds remain.Company Guidance
During Asana's Fourth Quarter and Fiscal Year 2025 Earnings Conference Call, the company provided guidance on several key metrics. Asana reported a 10% year-over-year increase in total revenues for Q4, exceeding their guidance when adjusted for currency impacts. The company achieved a significant milestone with positive free cash flow for the fiscal year and expects non-GAAP profitability in Q1 of the next fiscal year. Asana's non-tech verticals grew by 15% year-over-year, with notable growth in manufacturing, energy, consumer retail, and media. The number of customers spending over $100,000 annually grew by 20% year-over-year. Asana's non-GAAP operating margin improved by over 800 basis points, moving from a 9% operating loss margin to a 1% loss margin. The company anticipates an over 1,000 basis point expansion in non-GAAP operating margin in fiscal year 2026. Asana is also focused on AI Studio, with expectations of significant customer demand and transformative potential. The company plans to evolve its pricing model to better align with the value delivered through AI Studio and other advanced capabilities, introducing a credit system to fuel AI workflows. Asana's fiscal year 2026 revenue guidance is set at $782 million to $790 million, representing an 8% to 9% growth year-over-year, with an expected non-GAAP operating margin of at least 5%.Revenue Growth and Profitability Milestone
Q4 revenues were up over 10% year-over-year, exceeding guidance. Non-GAAP operating margins improved by more than 800 basis points year-over-year. Asana reached positive free cash flow for fiscal year 2025, marking a significant milestone.
Enterprise and Non-Tech Vertical Growth
Enterprise customer acquisition showed strong progress, with customers spending $100,000 or more growing 20% year-over-year. Non-tech verticals grew 15% year-over-year, with manufacturing, energy, consumer retail, and media as fast-growing sectors.
AI Studio Momentum
AI Studio showed strong early adoption, with hundreds of large customers running smart workflows. A global media company reduced manual work by 60% and decreased processing time by 69% using AI Studio.
International Revenue Growth
International revenue grew 14% year-over-year, reflecting acceleration from the previous quarter.
Channel Expansion and Partner Growth
Significant wins through partners and strong growth in partner-sourced deals. Expanded partner community with large system integrators, increasing channel presence.
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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
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ASAN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 10, 2025 | $16.68 | $12.64 | -24.22% |
Dec 05, 2024 | $15.46 | $22.19 | +43.53% |
Sep 03, 2024 | $13.29 | $12.61 | -5.12% |
May 30, 2024 | $13.13 | $13.05 | -0.61% |
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.
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FAQ
When does Asana (ASAN) report earnings?
Asana (ASAN) is schdueled to report earning on Jun 03, 2025, TBA Not Confirmed.
What is Asana (ASAN) earnings time?
Asana (ASAN) earnings time is at Jun 03, 2025, TBA Not 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 2026 (Q1) is 0.02.
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