---
schema_version: "secwatch.filing_event.v1"
accession: "0001477720-25-000105"
form_type: "8-K"
ticker: "ASAN"
cik: "0001477720"
company_name: "Asana, Inc."
filed_at: "2025-06-03T23:59:59+00:00"
generated_at: "2026-05-20T01:26:02.814518+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Asana reports Q1 FY26 rev $187.3M (+9% YoY); first positive non-GAAP op income; raises FY margin guidance

## Summary
- 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.

## SEC filing metadata
- accession: 0001477720-25-000105
- form_type: 8-K
- ticker: ASAN
- cik: 0001477720
- company_name: Asana, Inc.
- filed_at: 2025-06-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1477720/000147772025000105/0001477720-25-000105-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1477720/000147772025000105/asan-20250530.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477720-25-000105
- JSON: https://secwatch.observer/filing/0001477720-25-000105.json
- Plain text: https://secwatch.observer/filing/0001477720-25-000105.txt

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