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How Asana (ASAN) makes money

Asana (ASAN) made $216M of revenue in the second quarter fiscal 2027 (Q2 FY27), +10% from a year earlier.

Drawing the Sankey…

Asana revenue by quarterAsana revenue by quarter$188MQ4 FY25$187MQ1 FY26$197MQ2 FY26$201MQ3 FY26$206MQ4 FY26$205MQ1 FY27$216MQ2 FY27
Asana: where each dollar of revenue goesAsana: where each dollar of revenue goesOperating cash flow21¢Free cash flow18¢

Where each dollar of revenue goes

LineQ2 FY27% of revenue
Revenue$216M100.0%
Operating cash flow$46.0M21.3%
Free cash flow$40.0M18.5%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q2 FY27$216M+10%
Q1 FY27$205M+10%
Q4 FY26$206M+9%
Q3 FY26$201M+9%
Q2 FY26$197M+10%
Q1 FY26$187M+9%
Q4 FY25$188M+10%

From Asana's 10-Q filed Sep 3, 2026 (on EDGAR).

Questions

How does Asana make money?

Asana (ASAN) made $216M of revenue in the second quarter fiscal 2027 (Q2 FY27), +10% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.