Filing Flows › Asana (ASAN) › Q4 FY26
Asana (ASAN) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Mar 13, 2026
Asana (ASAN) reported revenue of $206M for the fourth quarter fiscal 2026 (Q4 FY26), +9% from a year earlier and +2% from the quarter before. Operating margin was -16.5%, net loss $32.2M (15.7% of revenue).
Asana, Q4 FY26: revenue $206M (+9% year over year), operating margin -16.5%, net loss $32.2M, operating cash flow $27.6M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $206M | +2% | +9% |
| Operating profit | −$34.0M | — | — |
| Net earnings | −$32.2M | — | — |
| Operating cash flow | $27.6M | +71% | +74% |
| Free cash flow | $26.4M | +70% | +84% |
What changed
Revenue was $205.6M in Q4 FY26, up 9% year over year and up 2% from the previous quarter.
Gross margin was 87.8%, down 1.8 points from Q4 FY25. Operating costs exceeded revenue by $34.0M, an operating margin of -16.5%. Operating expenses fell 8% while revenue rose 9%. The quarter ended with a net loss of $32.2M, narrower than the previous quarter's $68.4M loss.
Operating cash flow was $27.6M (up 74% year over year). Non-cash charges added back $6.1M of depreciation and amortization and $49.8M of share-based compensation. Working capital and other items added $3.9M. Capital expenditures of $1.2M left free cash flow of $26.4M.
Questions
What was Asana's revenue in the fourth quarter fiscal 2026?
Asana (ASAN) reported revenue of $206M for the fourth quarter fiscal 2026 (Q4 FY26), +9% from a year earlier and +2% from the quarter before.
Was Asana profitable in the fourth quarter fiscal 2026?
Operating loss was $34.0M (-16.5% of revenue) and net loss $32.2M.
Source: Asana 10-K on SEC EDGAR.