earnings
confidence high
sentiment positive
materiality 0.75
Asana reports Q1 FY26 rev $187.3M (+9% YoY); first positive non-GAAP op income; raises FY margin guidance
Asana, Inc.
2026-Q1 EPS
reported -$0.17
vs consensus $0.07
▼ miss
(-337.1%)
- Revenue $187.3M (+9% YoY); GAAP net loss $40.0M ($0.17 loss/share); non-GAAP net income $12.0M ($0.05 EPS).
- Non-GAAP operating income $8.1M (first positive in history); GAAP op loss improved to 23% of rev from 38%.
- AI Studio surpassed $1M ARR in its first quarter of GA; signed largest subscription ever ($100M+ over 3 years).
- Board added $100M to share repurchase (total $156M available) and removed expiration date.
- Q2 rev guidance $192-194M; FY rev guidance $775-790M; non-GAAP op margin ≥5.5%; non-GAAP EPS $0.22.