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Asana ASAN Ratios & Valuation

Q1 '27Q4 '26Q3 '26Q2 '26Q1 '26
Profitability
Gross margin88.5%-0.5pp89%-0.5pp89.5%-0.1pp89.6%+0.2pp89.4%0.0pp
Operating margin-20.9%+4.1pp-25%+4.4pp-29.3%-0.6pp-28.7%+4.4pp-33.1%+3.8pp
Net margin-20.2%+3.7pp-23.9%+4.4pp-28.3%-0.8pp-27.5%+3.9pp-31.4%+3.9pp
Returns
Return on equity-87.6%+11.5pp-99.1%+3.4pp-102.5%-21.9pp-80.5%+2.8pp-83.4%+8.9pp
Return on invested capital-59.2%+18.3pp-77.5%-3.1pp-74.4%-10.9pp-63.5%+4.5pp-68%+11.2pp
Efficiency
Asset turnover0.0×0.9×0.0×0.9×+0.1×0.8×0.0×0.8×0.0×
Liquidity
Current ratio1.1×0.0×1.2×-0.2×1.4×0.0×1.4×-0.1×1.5×0.0×
Leverage
Debt-to-equity2.1×+0.5×1.6×+0.1×1.5×+0.2×1.3×0.0×1.3×+0.1×
Per Share
Book value per share$0.58-11.6%$0.65-17.8%$0.79-16.7%$0.95-5.5%$1.01+1.5%
Valuation
Market capitalization$1.5B-38.3%$2.43B-26.8%$3.32B-3.9%$3.45B-7.2%$3.72B-23.7%
Price / sales1.9×-1.2×3.1×-1.2×4.3×-0.3×4.6×-0.5×-1.7×
Price / book11×-4.8×15.8×-1.9×17.6×+2.2×15.4×-0.4×15.8×-5.7×

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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.