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Asana, Inc.

CIK: 14777202 Annual ReportsLatest: 2026-03-13

10-K / March 13, 2026

Revenue:$790,806,000
Income:-$189,024,000

10-K / March 18, 2025

Revenue:$723,876,000
Income:-$255,536,000

10-K / March 13, 2026

Asana, Inc.

Overview

Asana provides a cloud-based work management platform designed to coordinate work across people and AI agents. The platform exposes a governed, transparent execution surface built on its proprietary Work Graph to enable alignment to company goals and cross-functional collaboration.

Product and capabilities

  • Core platform: Asana Work Graph for task, project, goal, and workflow management.
  • AI capabilities:
    • AI Teammates: collaborative AI agents that work alongside human teams to accelerate execution and handle iterative or ambiguous work.
    • AI Studio: a tool to design AI workflows for routine, repeatable processes.
    • Asana Gov: a government-grade secure version for government and regulated industries (FedRAMP pursuit; In Process designation).

Integrations and extensibility

  • Platform API with hundreds of third-party apps and more than 300 integrations to connect with other tools and workflows.
  • Strategic partnerships with foundational model providers (OpenAI and Anthropic) to support AI features.

Product tiers

  • Personal, Starter, Advanced, Enterprise, and Enterprise+.

Security and compliance

  • Certifications: SOC 2 Type II, ISO 27001:2013, ISO 27017:2015.
  • Ongoing privacy and data-protection programs.

Market position and customers

  • Over 180,000 paying customers worldwide (as of January 31, 2026).
    • Core customers (spend at least $5,000/year): 25,928.
    • Largest customers (spend $100,000+/year): 817.
  • Customers across 200 countries and territories.
  • Core customer dollar-based net retention rate: 97%.
  • Largest customers’ (>$100k) dollar-based net retention rate: 96.
  • 40.8% of revenues from customers outside the United States.

Business model and go-to-market

  • Hybrid approach:
    • Product-led growth with free tiers and trials.
    • Direct sales teams for larger use cases and enterprise deployments.
    • Channel partners, including value-added resellers, managed service providers, and technology partners in 50+ countries.
  • Revenue primarily from subscription-based seat licenses, with add-ons and specialized products (AI features, Gov, etc.) contributing to revenue.
  • Growth strategy: expand usage within organizations, convert free/trial users to paid plans, broaden adoption across departments, and invest in AI-enabled features and integrations.

Operations and footprint

  • Employees: 1,767 as of January 31, 2026.
    • Approximately 64% based in the United States; about 36% international.
  • Headquarters: San Francisco, California; 266,000 square feet leased through October 2033.
  • Global operations with offices and teams across the United States and internationally.

Recent financial snapshot

  • Net income (loss):
    • Fiscal year ended January 31, 2026: net loss of $189.0 million.
    • Fiscal year ended January 31, 2025: net loss of $255.5 million.
  • Accumulated deficit: $2,149.7 million as of January 31, 2026.
  • 40.8% of revenues generated outside the United States.
  • The company continues investments in sales, marketing, R&D (including AI), infrastructure, and international expansion, which contribute to near-term losses.

Strategic focus

  • Continue product innovation, especially around AI features and integrations.
  • Maintain a blended go-to-market approach (product-led with enterprise sales and channel partnerships).
  • Strengthen security, governance, and compliance to support enterprise and government workloads.
  • Expand platform reach and adoption across more departments and industries globally.