What is Asana's contract liabilities?

Asana (ASAN) reported contract liabilities of $187K in Q1 2026.

How has Asana's contract liabilities changed year-over-year?

Asana's contract liabilities decreased by 85.6% year-over-year, from $1.3M to $187K.

What is the long-term trend for Asana's contract liabilities?

Over 4 years (2022 to 2026), Asana's contract liabilities has grown at a -51.8% compound annual growth rate (CAGR), from $4.08M to $220K.

What does contract liabilities mean?

Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.

Asana ASAN Contract Liabilities

Contract Liabilities at other companies

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Other financials

Income statement

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Revenue$205.1M+9.5%

Gross profit$179.7M+6.9%

Operating income-$15.2M+65.3%

Net income-$14.4M+64.0%

EPS (diluted)-$0.06+64.7%

Balance sheet

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Cash & equivalents$194.4M+0.1%

Total debt$286.4M-4.1%

Total equity$137.0M-42.0%

Total assets$805.5M-8.2%

Cash flow

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Operating cash flow$40.2M+495%

CapEx$2.8M+340%

Free cash flow$37.4M+511%

Valuation

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Market cap$1.53B-59.7%

Enterprise value$1.62B-58.4%

P/S1.9×-3.3×

Profitability

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Gross margin88.5%-0.9pp

Operating margin-20.9%-5.6pp

Net margin-20.2%-5.3pp

FCF margin14.6%+12.1pp

Returns & leverage

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Return on equity-87.6%+4.6pp

Debt / equity2.1×+0.8×

Current ratio1.1×-0.3×

Where this comes from

Reported directly by Asana in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityNoncurrent.

The official record: Asana’s 10-Q, filed May 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Asana's contract liabilities?: Asana (ASAN) reported contract liabilities of $187K in Q1 2026.
How has Asana's contract liabilities changed year-over-year?: Asana's contract liabilities decreased by 85.6% year-over-year, from $1.3M to $187K.
What is the long-term trend for Asana's contract liabilities?: Over 4 years (2022 to 2026), Asana's contract liabilities has grown at a -51.8% compound annual growth rate (CAGR), from $4.08M to $220K.
What does contract liabilities mean?: Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.