Asana Q4 revenue rises

Asana

02/03/2026 21:13

Corrects to remove reference to upcoming AI Teammates launch as a contributor to Q4 results

Overview

Work management platform's Q4 revenue rose 9% yr/yr, slightly beating analyst expectations

Adjusted EPS for Q4 beat analyst expectations

Company authorized an additional $160 mln for share repurchases

Outlook

Asana expects Q1 fiscal 2027 revenue of $202.5 mln to $204.5 mln

Company forecasts fiscal 2027 revenue between $850 mln and $858 mln

Asana anticipates fiscal 2027 non-GAAP operating margin of at least 9.5%

Result Drivers

AI ADOPTION - Rapid adoption of AI Studio contributed to Q4 results, per CEO Dan Rogers

EFFICIENCY GAINS - Improved non-GAAP operating margin by 10 percentage points due to productivity and efficiency gains, per CFO Sonalee Parekh

Company press release: ID:nBw8DL48Fa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Slight Beat*
$205.6 mln
$205.13 mln (13 Analysts)
Q4 Adjusted EPS
Beat
$0.08
$0.07 (13 Analysts)
Q4 EPS
-$0.14
Q4 Adjusted Net Income
Beat
$19.9 mln
$17.29 mln (11 Analysts)
Q4 Adjusted operating income
Beat
$18.2 mln
$15.33 mln (12 Analysts)

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy", 7 "hold" and 3 "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for Asana Inc is $15.50, about 118.3% above its February 27 closing price of $7.10

The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 40 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)