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Asana ASAN Ratios & Valuation

Q1 '27Q4 '26Q3 '26Q2 '26Q1 '26
Profitability
Gross margin88.5%-0.9pp89%-0.3pp89.5%+0.1pp89.6%-0.1pp89.4%-0.6pp
Operating margin-20.9%+12.2pp-25%+11.9pp-29.3%+9.0pp-28.7%+11.1pp-33.1%+7.2pp
Net margin-20.2%+11.2pp-23.9%+11.4pp-28.3%+7.8pp-27.5%+10.2pp-31.4%+7.2pp
Returns
Return on equity-87.6%-4.2pp-99.1%-6.8pp-102.5%-13.0pp-80.5%+2.5pp-83.4%-5.7pp
Return on invested capital-59.2%+8.8pp-77.5%+1.7pp-74.4%+7.4pp-63.5%+34.9pp-68%+17.5pp
Efficiency
Asset turnover+0.2×0.9×+0.1×0.9×+0.1×0.8×+0.1×0.8×+0.1×
Liquidity
Current ratio1.1×-0.3×1.2×-0.3×1.4×-0.1×1.4×-0.2×1.5×-0.2×
Leverage
Debt-to-equity2.1×+0.8×1.6×+0.5×1.5×+0.4×1.3×+0.3×1.3×+0.4×
Per Share
Book value per share$0.58-42.8%$0.65-34.4%$0.79-24.0%$0.95-25.2%$1.01-28.6%
Valuation
Market capitalization$1.5B-59.7%$2.43B-50.2%$3.32B+21.8%$3.45B+4.1%$3.72B+11.4%
Price / sales1.9×-3.2×3.1×-3.7×4.3×+0.4×4.6×-0.2×+0.1×
Price / book11×-4.8×15.8×-5.7×17.6×+6.2×15.4×+4.0×15.8×+5.3×

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Questions, answered.

What are Asana's profit margins?
Asana (ASAN) runs a 88.5% gross margin and a -20.9% operating margin, with a -20.2% net margin.
Where do Asana's ratios come from?
Every ratio is computed from Asana's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.