---
schema_version: "secwatch.filing_event.v1"
accession: "0001477720-23-000051"
form_type: "8-K"
ticker: "ASAN"
cik: "0001477720"
company_name: "Asana, Inc."
filed_at: "2023-12-05T23:59:59+00:00"
generated_at: "2026-06-07T17:56:21.811964+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Asana Q3 revenue $166.5M (+18% YoY), beats guidance; net loss narrows sharply

## Summary
- GAAP net loss $61.8M ($0.28/sh) vs $100.9M ($0.49) last year; Non-GAAP loss $0.04/sh.
- Non-GAAP operating loss $9.8M (6% revs) improved from $52.6M (37%); free cash flow -$11.5M vs -$48.5M.
- Core customer revenue grew 20% YoY; customers spending $100K+ reached 580 (+18% YoY).
- Q4 FY2024 guidance: rev $167-168M (11-12% growth); Non-GAAP op loss $21-23M; EPS ($0.10)-($0.09).
- Fiscal 2024 revenue guidance raised to $648.5-649.5M (19% growth); Non-GAAP loss per share ($0.27)-($0.26).

## SEC filing metadata
- accession: 0001477720-23-000051
- form_type: 8-K
- ticker: ASAN
- cik: 0001477720
- company_name: Asana, Inc.
- filed_at: 2023-12-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1477720/000147772023000051/0001477720-23-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1477720/000147772023000051/asan-20231205.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477720-23-000051
- JSON: https://secwatch.observer/filing/0001477720-23-000051.json
- Plain text: https://secwatch.observer/filing/0001477720-23-000051.txt

## Key facts
- Earnings Releases
  Asana, Inc. reported third quarter fiscal 2024 ended October 31, 2023 results: revenue $166.5 million, net income GAAP net loss was $61.8 million, EPS GAAP net loss per share was $0.28. Guidance lowered.
  - Period: third quarter fiscal 2024 ended October 31, 2023
  - Revenue: $166.5 million
  - Net income: GAAP net loss was $61.8 million
  - EPS: GAAP net loss per share was $0.28
  - Guidance: lowered
  - Result: reported results
  source text: Work Graph® and AI – to drive clarity and accountability, maximize impact, and scale with confidence.” Third Quarter Fiscal 2024 Financial Highlights • Revenues: Revenues were $166.5 million, an increase of 18% year over year. • Operating Loss: GAAP operating loss was $63.4 million, or 38% of revenues, an improvement year over year compared to GAAP operating loss of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1477720/000147772023000051/0001477720-23-000051-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.