---
schema_version: "secwatch.filing_event.v1"
accession: "0001477720-24-000026"
form_type: "8-K"
ticker: "ASAN"
cik: "0001477720"
company_name: "Asana, Inc."
filed_at: "2024-05-30T23:59:59+00:00"
generated_at: "2026-06-01T07:22:44.839643+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Asana reports Q1 FY2025 revenue $172.4M (+13% YoY), GAAP net loss $63.7M; guides Q2 revenue $177-178M

## Summary
- Revenue $172.4M, up 13% YoY; GAAP operating loss $66.2M (38% of revenue); non-GAAP op loss $15.8M (9% of revenue).
- GAAP net loss $63.7M ($0.28 per share); non-GAAP net loss $13.3M ($0.06 per share), improving from $18.5M loss YoY.
- Free cash flow negative $4.3M, improving from negative $16.6M YoY; expects to be FCF positive for full year.
- Core customers ($5k+ annualized) grew 12% to 22,162; revenues from Core up 15%. Dollar-based net retention rate for $100k+ customers 108%.
- Q2 FY2025 revenue guidance $177-178M (9-10% growth); full year FY2025 revenue $719-724M (10-11% growth) with non-GAAP op loss $59-55M.

## SEC filing metadata
- accession: 0001477720-24-000026
- form_type: 8-K
- ticker: ASAN
- cik: 0001477720
- company_name: Asana, Inc.
- filed_at: 2024-05-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1477720/000147772024000026/0001477720-24-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1477720/000147772024000026/asan-20240530.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477720-24-000026
- JSON: https://secwatch.observer/filing/0001477720-24-000026.json
- Plain text: https://secwatch.observer/filing/0001477720-24-000026.txt

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