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Asana Inc. plunged 26.4% to $12.27 after the provider of the enterprise work management platform reported results for the fiscal fourth quarter of 2025.

Revenue increased to $188.33 million from $171.13 million, net loss shrank to $62.30 million from $62.40 million, and loss per diluted share narrowed to 27 cents from a loss of 28 cents a year ago.

The company guided for the first quarter of 2026 revenue to be between $184.5 million and $186.5 million, up 7% to 8% from $172.4 million a year ago, and non-GAAP net income per share of 2 cents, compared to a non-GAAP net loss per share of 6 cents in the same quarter in 2025.

Non-GAAP operating profit is expected to be between $2.0 million and $3.0 million, with a 1% to 2% operating margin, compared to a non-GAAP operating net loss of $15.8 million in the first quarter of 2025.

For the full year, Asana estimated revenue to be between $782.0 million and $790.0 million, up 8% to 9% from $723.88 million, and non-GAAP net income per share between 19 cents and 20 cents, compared to a non-GAAP loss per share of 13 cents in 2025.

11 Mar, 2025

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