Filing Flows › Asana (ASAN) › Q2 FY27 › vs Q2 FY26
Asana (ASAN) Q2 FY27 vs Q2 FY26 (year over year)
Asana's revenue rose $19.5M (+10%) from $197M in Q2 FY26 to $216M in Q2 FY27.
Asana, Q2 FY27: revenue $216M (+10% year over year), operating margin -19.0%, net loss $39.2M, operating cash flow $46.0M. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Free cash flow margin | 18.5% | 18.0% | +0.5 pts |
Every line
| Line | Q2 FY27 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $216M | $197M | $19.5M | +10% |
| Other income, net | $1.3M | $2.5M | −$1.2M | -49% |
| Income tax benefit | $757K | −$1.4M | $2.2M | — |
| Net loss | $39.2M | $48.4M | −$9.2M | -19% |
| Costs & expenses | $258M | $248M | $9.8M | +4% |
| Operating costs | $258M | $246M | $11.3M | +5% |
| Cost of revenue | $30.3M | $20.2M | $10.1M | +50% |
| Research & development | $81.7M | $79.4M | $2.4M | +3% |
| Sales & marketing | $104M | $107M | −$2.3M | -2% |
| General & admin | $41.2M | $40.1M | $1.1M | +3% |
| Operating cash sources | $85.2M | $88.2M | −$3.0M | -3% |
| Depreciation & amortization | $6.1M | $5.2M | $900K | +17% |
| Share-based compensation | $56.3M | $62.2M | −$5.8M | -9% |
| Working capital & other | $22.8M | $20.8M | $2.0M | +9% |
| Net loss absorbed | $39.2M | $48.4M | −$9.2M | -19% |
| Operating cash flow | $46.0M | $39.8M | $6.2M | +16% |
| Free cash flow (company-reported) | $40.0M | $35.4M | $4.6M | +13% |
| Capitalized internal-use software costs | $4.5M | $3.2M | $1.4M | +44% |
| Purchases of property and equipment | $1.5M | $1.3M | $197K | +15% |
Questions
How much did Asana's revenue grow year over year in Q2 FY27?
Asana's revenue rose $19.5M (+10%) from $197M in Q2 FY26 to $216M in Q2 FY27.