Marc Boroditsky
On April 16, 2025 the Board of Directors (the “Board”) of Asana, Inc. (the “Company”) appointed Marc Boroditsky to serve on the Board as a Class I director, effective as of April 16, 2025.
Highest-materiality recent filing
Asana beats Q1 revenue guidance; record GAAP and non-GAAP margins; acquires StackAI
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).
Three Asana directors resign effective June 8; board reduces from 10 to 7
Matt Cohler, Adam D’Angelo, and Lorrie Norrington to resign at 2026 Annual Meeting (June 8, 2026).
Asana adopts incentive bonus plan, amends severance, appoints CAO
Compensation Committee adopted Incentive Bonus Plan allowing cash awards based on performance goals; available to all employees including CEO and CFO.
Asana names Aziz Megji as CFO; CFO Sonalee Parekh resigns
Sonalee Parekh resigns as CFO effective March 23, 2026; no disagreement cited.
Q4 GAAP net loss $32.2M ($0.14/share) improved from $62.3M ($0.27) YoY; non-GAAP EPS $0.08 vs ($0.00).
Asana Q3 revenue $201M (+9% YoY), beats guidance; raises FY26 outlook
GAAP net loss $68.4M ($0.29/share); non-GAAP net income $17.9M ($0.07/share); non-GAAP OI $16.3M (8% margin).
Asana expects $29M-$32M impairment charge from subleasing 55,513 sq ft of SF HQ
Preliminary impairment expense of $29M-$32M for quarter ending Oct 31, 2025.
Asana Q2 FY2026 rev $196.9M (+10% YoY); raises FY26 revenue and margin guidance
GAAP net loss $48.4M ($0.20/share) vs $72.2M ($0.31/share) YoY; non-GAAP net income $15.1M ($0.06/share) vs loss of $11.1M
Asana names Dan Rogers as CEO effective July 21; co-founder Moskovitz becomes Chair
Dan Rogers, former CEO of LaunchDarkly, appointed CEO of Asana, succeeding Dustin Moskovitz.
Revenue $187.3M (+9% YoY); GAAP net loss $40.0M ($0.17 loss/share); non-GAAP net income $12.0M ($0.05 EPS).
Asana founder Dustin Moskovitz to step down as CEO, transition to Chair when successor appointed
Moskovitz will remain CEO until successor is appointed, then serve as Chair of the Board.
Asana Q4 revenue $188.3M (+10% YoY); guides to non-GAAP profitability in FY26
Q4 revenue $188.3M (+10% YoY); non-GAAP op loss narrowed to $1.7M from $15.6M YoY.
Asana Q3 revenue $183.9M (+10% YoY) tops guidance; raises FY2025 outlook
Revenue $183.9M (+10% YoY) above guidance high end; non-GAAP EPS loss $0.02 vs guided $0.03-0.04 loss.
Asana Q2 FY2025 revenue rises 10% to $179.2M; CEO Moskovitz announces plan to buy up to 13.5M shares
Revenue grew 10% YoY to $179.2M; GAAP net loss per share $0.31, non-GAAP net loss per share $0.05.
Asana CFO Tim Wan resigns; Sonalee Parekh named new CFO effective Sept 11, 2024
Tim Wan resigns as CFO effective Sept 10, 2024, remains as advisor for transition.
Asana announces $150M stock repurchase program, reaffirms FY2025 guidance
Board authorized up to $150M repurchase of Class A common stock through June 30, 2025.
Revenue $172.4M, up 13% YoY; GAAP operating loss $66.2M (38% of revenue); non-GAAP op loss $15.8M (9% of revenue).
Asana beats Q4 FY2024 expectations; revenue $171.1M, GAAP op loss narrows to $67.9M
Q4 revenue $171.1M (+14% YoY); GAAP net loss per share $0.28 improved from $0.44.
Asana Q3 revenue $166.5M (+18% YoY), beats guidance; net loss narrows sharply
GAAP net loss $61.8M ($0.28/sh) vs $100.9M ($0.49) last year; Non-GAAP loss $0.04/sh.
Asana Q2 revenue beats expectations; operating margin improves 37 ppt, positive free cash flow
Revenue $162.5M (+20% YoY), GAAP net loss $71.4M ($0.33/share) vs $113.0M ($0.59) YoY.
Asana Q1 revenue $152.4M (+26% YoY); operating loss narrows sharply; guides Q2 rev $157.5-158.5M
Revenue $152.4M (+26% YoY); GAAP net loss $61.5M ($0.28/sh) vs $98.9M ($0.52/sh) year ago.
Asana Q4 revenue $150.2M (+34% YoY); FY revenue $547.2M (+45% YoY); guides FY24 $638-648M
Q4 GAAP net loss $0.44/share vs $0.48 YoY; non-GAAP net loss $0.15/share vs $0.25 YoY.
Asana CEO Dustin Moskovitz announces plan to purchase up to 30M shares via 10b5-1 plan
CEO intends to enter trading plan to buy up to 30 million Class A common shares.
On April 16, 2025 the Board of Directors (the “Board”) of Asana, Inc. (the “Company”) appointed Marc Boroditsky to serve on the Board as a Class I director, effective as of April 16, 2025.
On March 10, 2025, Asana, Inc. (the “Company”) issued a press release announcing the anticipated transition of Mr. Moskovitz from the role of Asana's Chief Executive Officer (“CEO”) to the role of Chair of the Board of Directors (the “Board”) when a new CEO is appointed by the Board.
the Board appointed Ms. Sonalee Parekh as Chief Financial Officer and Head of Finance of the Company, effective as of September 11, 2024
Tim Wan tendered to the Board of Directors (the “Board”) of Asana, Inc. (the “Company”) his resignation as Chief Financial Officer of the Company, effective as of September 10, 2024.
On December 7, 2023, Amit Singh notified the Board of Directors (the “Board”) of Asana, Inc. (the “Company”) of his decision to resign from the Board, effective December 8, 2023, for personal reasons.
Max materiality 0.85 · Median 0.70 · Most common event earnings