Asana Inc
- Asana Inc. declined 8% to $13.46 despite the team collaboration and work management software company saying net loss shrank and revenue increased in the second quarter ending on July 31.
Consolidated revenue inched higher to $196.9 million from $179.2 million, net loss shrank to $48 million from $72 million, and diluted losses per share fell to 20 cents from 31 cents a year ago.
Asana guided third-quarter revenue to be between $197.5 million and $199.5 million, non-GAAP operating income to be between $12 million and $14 million, and non-GAAP earnings per share between 6 cents and 7 cents.
Asana guided full-year revenue to be between $780 million and $790 million, non-GAAP operating income to be between $46 million and $50 million, and non-GAAP earnings per share to be between 23 cents and 25 cents.
In the fiscal second quarter of 2026, Asana saw strong customer growth, with core customers (spending $5,000+) increasing 9% to 25,006 and high-value customers (spending $100,000+) rising 19% to 770, driving revenue growth from core accounts by 12% from a year ago, respectively.
The company maintained a solid dollar-based net retention rate of 96%
Sep 8, 2025
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