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Asana ASAN Increase (Decrease) in Prepaid Expense and Other Current Assets

Increase (Decrease) in Prepaid Expense and Other Current Assets at other companies

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$54.16M+961%
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$9.3M+32.9%
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TETRA TechnologiesTTI
-$25.25K-102%
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JPMorgan ChaseJPM
$11.61B+253%
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Northrop GrummanNOC
$37M-11.9%

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%

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 asan:IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets.

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 increase (decrease) in prepaid expense and other current assets?
Asana (ASAN) reported increase (decrease) in prepaid expense and other current assets of $10.06M in Q1 2026.
How has Asana's increase (decrease) in prepaid expense and other current assets changed year-over-year?
Asana's increase (decrease) in prepaid expense and other current assets increased by 13.7% year-over-year, from $8.85M to $10.06M.
What is the long-term trend for Asana's increase (decrease) in prepaid expense and other current assets?
Over 3 years (2022 to 2026), Asana's increase (decrease) in prepaid expense and other current assets has grown at a 6.8% compound annual growth rate (CAGR), from $23.65M to $28.82M.
What does increase (decrease) in prepaid expense and other current assets mean?
This reflects the change in cash outflows for expenses paid in advance, such as insurance, software subscriptions, or other services that will be consumed in future periods. A significant increase in this balance indicates higher cash outflows relative to recognized expenses, impacting short-term operating cash flow. It is a key indicator of working capital management and near-term cash requirements.