Filing Flows › Asana (ASAN) › Q4 FY25
Asana (ASAN) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Mar 18, 2025
Asana (ASAN) reported revenue of $188M for the fourth quarter fiscal 2025 (Q4 FY25), +10% from a year earlier and +2% from the quarter before. Operating margin was -33.8%, net loss $62.3M (33.1% of revenue).
Asana, Q4 FY25: revenue $188M (+10% year over year), operating margin -33.8%, net loss $62.3M, operating cash flow $15.9M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $188M | +2% | +10% |
| Operating profit | −$63.6M | — | — |
| Net earnings | −$62.3M | — | — |
| Operating cash flow | $15.9M | — | — |
| Free cash flow | $14.3M | — | — |
What changed
Revenue was $188.3M in Q4 FY25, up 10% year over year and up 2% from the previous quarter.
Gross margin was 89.6%, down 0.2 points from a year earlier. Operating costs exceeded revenue by $63.6M, an operating margin of -33.8%. Operating expenses grew 5% against revenue growth of 10%. The fastest-growing cost line was General & admin (+32%). The quarter ended with a net loss of $62.3M, wider than the previous quarter's $57.3M loss.
Operating cash flow was $15.9M. Non-cash charges added back $4.8M of depreciation and amortization and $50.6M of share-based compensation. Working capital and other items added $22.8M. Capital expenditures of $1.5M left free cash flow of $14.3M.
Questions
What was Asana's revenue in the fourth quarter fiscal 2025?
Asana (ASAN) reported revenue of $188M for the fourth quarter fiscal 2025 (Q4 FY25), +10% from a year earlier and +2% from the quarter before.
Was Asana profitable in the fourth quarter fiscal 2025?
Operating loss was $63.6M (-33.8% of revenue) and net loss $62.3M.
Source: Asana 10-K on SEC EDGAR.