Quarterly ResultSep 3, 2026, 04:30 PM
Asana Q2 Revenue $216.4M; Net Loss Narrows to $39.2M
AI Summary
Asana, Inc. filed its Form 10-Q for the period ending July 31, 2026. The company reported a 9.9% year-over-year increase in revenue for the second quarter of fiscal year 2026, reaching $216.4 million. The net loss for the quarter narrowed to $39.2 million from $48.4 million in the same period last year. For the first six months of fiscal year 2026, revenue grew to $421.5 million, and the net loss decreased to $53.6 million. The filing also detailed changes in assets and liabilities, with total assets at $816.1 million and total liabilities at $711.8 million as of July 31, 2026. Operating cash flow showed a significant increase.
Key Highlights
- Asana reported Q2 2026 revenue of $216.4 million, a 9.9% increase year-over-year.
- Net loss for Q2 2026 was $39.2 million, an improvement from $48.4 million in Q2 2025.
- Six-month revenue for 2026 reached $421.5 million, up from $384.2 million in 2025.
- Six-month net loss narrowed to $53.6 million in 2026 from $88.4 million in 2025.
- Total assets decreased to $816.1 million as of July 31, 2026, from $844.1 million as of January 31, 2026.
- Total liabilities increased to $711.8 million as of July 31, 2026, from $690.0 million as of January 31, 2026.
- Cash provided by operating activities was $86.3 million for the six months ended July 31, 2026, up from $46.6 million in the prior year period.
Price Impact
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