Asana Inc. Reports 10% Revenue Increase in Q2 Fiscal 2026; Raises Full-Year Revenue and Non-GAAP Operating Margin Guidance

Reuters
Sep 04
Asana Inc. Reports 10% Revenue Increase in <a href="https://laohu8.com/S/QTWO">Q2</a> Fiscal 2026; Raises Full-Year Revenue and Non-GAAP Operating Margin Guidance

Asana Inc. reported its financial results for the second quarter of fiscal 2026, highlighting a revenue of $196.9 million, marking a 10% increase year over year. The company's Chief Financial Officer, Sonalee Parekh, noted that this growth exceeded expectations and was accompanied by stabilization in net revenue retention and improvements in expansion as AI Studio gains traction. For the third quarter of fiscal 2026, Asana forecasts revenues between $197.5 million and $199.5 million, which would represent a year-over-year growth of 7.4% to 8.5%. The company also anticipates a non-GAAP operating income of $12.0 million to $14.0 million, with an operating margin of 6% to 7%, and a non-GAAP net income per share of $0.06 to $0.07, based on an estimated 244 million diluted weighted average shares outstanding. Looking at the full fiscal year 2026, Asana expects revenues to reach between $780.0 million and $790.0 million, representing growth of 8% to 9% year over year. The company projects a non-GAAP operating income of $46.0 million to $50.0 million with a 6% operating margin, and a non-GAAP net income per share of $0.23 to $0.25, with approximately 243 million diluted weighted average shares outstanding. The company has increased its full-year revenue and non-GAAP operating margin guidance, signaling confidence in its ability to achieve sustained profitability and long-term growth.

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