What is Asana's gross profit?

Asana (ASAN) reported gross profit of $179.68M in Q1 2026.

How has Asana's gross profit changed year-over-year?

Asana's gross profit increased by 6.9% year-over-year, from $168.04M to $179.68M.

What is the long-term trend for Asana's gross profit?

Over 4 years (2022 to 2026), Asana's gross profit has grown at a 20.0% compound annual growth rate (CAGR), from $339.54M to $704.05M.

What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

Asana ASAN Gross Profit

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Other financials

Income statement

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Revenue$205.1M+9.5%

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$1.54B-59.7%

Enterprise value$1.63B-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

Calculated from Asana’s reported figures.

$205.1Mtotal revenue−$25.4Mtotal cost of revenue=$179.68M

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 gross profit?: Asana (ASAN) reported gross profit of $179.68M in Q1 2026.
How has Asana's gross profit changed year-over-year?: Asana's gross profit increased by 6.9% year-over-year, from $168.04M to $179.68M.
What is the long-term trend for Asana's gross profit?: Over 4 years (2022 to 2026), Asana's gross profit has grown at a 20.0% compound annual growth rate (CAGR), from $339.54M to $704.05M.
What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.