15 March 2026
Disclaimer: This is a simplified summary of a public company filing. See full disclaimer here.
Asana, Inc.
CIK: 1477720•2 Annual Reports•Latest: 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.
