secwatch.observer — SEC 8-K summary
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Issuer:     Asana, Inc. (ASAN)
CIK:        0001477720
Form:       8-K
Filed at:   2026-05-28T20:07:27+00:00
Accession:  0001477720-26-000037
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Asana beats Q1 revenue guidance; record GAAP and non-GAAP margins; acquires StackAI
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- Revenue $205.1M (+9.5% YoY), above high end of guidance; GAAP op loss $15.2M (vs $43.9M prior), non-GAAP op income $23.6M (record 11.5% margin).
- Acquired StackAI for cross-system workflow orchestration; expected ~50 bps growth contribution to Q2 & FY27.
- Appointed Aziz Megji as CFO to lead financial strategy; CFO change occurred in Q1.
- Core customers $5K+ up 7% to 26,103; $100K+ customers up 12% to 817; NRR improved to 96% (core 97%).
- Q2 FY27 guidance: rev $213-215M (+8-9% YoY); non-GAAP op income $18-20M; FY27 rev $855.5-863.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1477720/000147772026000037/0001477720-26-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1477720/000147772026000037/asan-20260528.htm
  HTML page:      https://secwatch.observer/filing/0001477720-26-000037

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer