Superworth

Asana profit margin ASAN

Gross, operating and net profit as a share of revenue over the last twelve months, from 2020.

Net margin, 12 months
−18.6%
Operating margin, 12 months
−19.4%
Net margin on a year earlier
+8.9 pts
Peer median
10.6%

Over the twelve months to Jul 31, 2026, Asana kept −18.6% of its revenue as net profit, with an operating margin of −19.4% and a gross margin of 87.6%.

Five years earlier its net margin was −89.9%.

The median for 10 infrastructure software stocks of a similar size is 10.6%.

Profit margin over time

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY2026−23.9%−25.0%89.0%
FY2025−35.3%−36.8%89.3%
FY2024−39.4%−41.4%90.1%
FY2023−74.5%−74.5%89.7%
FY2022−76.2%−70.1%89.7%
FY2021−93.3%−77.3%87.3%
FY2020n/an/an/a

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY27−18.6%+8.9 pts−19.4%
Q1 FY27−20.2%+11.2 pts−20.9%
Q4 FY26−23.9%+11.4 pts−25.0%
Q3 FY26−28.3%+7.8 pts−29.3%
Q2 FY26−27.5%+10.2 pts−28.7%
Q1 FY26−31.4%+7.2 pts−33.1%
Q4 FY25−35.3%+4.1 pts−36.8%
Q3 FY25−36.2%+9.7 pts−38.4%
Q2 FY25−37.7%+16.5 pts−39.8%
Q1 FY25−38.6%+25.4 pts−40.3%
Q4 FY24−39.4%+35.1 pts−41.4%
Q3 FY24−45.9%+33.3 pts−47.7%

Against its peers

Companies in Software - Infrastructure nearest Asana's size, closest first, today.

CompanyProfit margin
ASANAsana−18.6%
NTCTNetscout Systems13.7%
BLKBBlackbaud13.1%
NCNOnCino5.4%
ALRMAlarm.com11.1%
KDKyndryl0.6%
SPSCSPS Commerce10.1%
AGYSAgilysys13.0%
AVPTAvePoint15.3%
BLBlackline4.7%
MQMarqeta1.5%
Peer median10.6%

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Asana

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.