ASANAsana Inc
Compact View
Earnings Recap
• Reported GAAP EPS of -$0.06 up 64.71% YoY • Reported revenue of $205.09M up 9.52% YoY • For Q2 FY27, Asana expects revenues of $213M to $215M, non-GAAP operating income of $18 million to $20 million, and non-GAAP net income per share of $0.08 to $0.09. Asana anticipates full fiscal 2027 revenues of $855.5M to $863.5M.
Bullish
Asana expanded AI capabilities with the StackAI acquisition and AI Teammates, driving record non-GAAP operating margin growth to 11.5%. The company also achieved 7% Core customer growth and received key industry recognition.
Bearish
Asana's overall dollar-based net retention rate was 96%, indicating slight contraction from existing customers. The company also faces a GAAP operating loss and expects future retention rate volatility due to macroeconomic factors.
