← Asana, Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| Net loss | ($50.9m) | ($118.6m) | ($211.7m) | ($288.3m) | ($407.8m) | ($257.0m) | ($255.5m) | ($189.0m) | — | |
| Depreciation and amortization | $4.2m | $2.2m | $3.5m | $8.5m | $12.7m | $14.3m | $17.5m | $22.0m | $23.1m | |
| Amortization of deferred contract acquisition costs | $322k | $1.6m | $4.1m | $8.6m | $15.1m | $22.0m | $25.9m | $27.8m | — | |
| Amortization of discount on revolving credit facility and term loan issuance costs | $0 | $49k | $22.4m | $10.6m | $41k | $122k | $122k | $122k | — | |
| Stock-based compensation expense | $8.5m | $48.4m | $34.2m | $104.5m | $189.0m | $202.4m | $211.3m | $214.8m | $203.0m | |
| Stock-based compensation expense capitalized for software development | — | — | — | $673k | $959k | $3.8m | $4.6m | $6.9m | $203.0m | |
| Impairment of long-lived assets | — | — | — | $0 | $0 | $5.0m | $6.8m | $30.7m | — | |
| Accounts receivable | ($3.4m) | ($7.7m) | ($20.5m) | ($27.0m) | ($25.2m) | ($9.5m) | ($4.7m) | ($23.5m) | ($5.7m) | |
| Accounts payable | $362k | $3.5m | ($2.9m) | $7.3m | ($4.4m) | ($569k) | $4.4m | $7.3m | $16.4m | |
| Purchase of property and equipment in accounts payable and accrued expenses | $24k | $914k | $10.1m | $571k | $598k | $140k | $633k | $2.5m | ($16.5m) | |
| Accrued expenses and other liabilities | $4.0m | $8.3m | $17.9m | $23.7m | $25.5m | ($5.2m) | $6.6m | $3.4m | — | |
| Deferred revenue | $15.1m | $32.2m | $41.8m | $68.3m | $59.4m | $37.6m | $31.6m | $31.1m | — | |
| Prepaid expenses and other current assets | ($4.5m) | ($8.7m) | ($17.2m) | ($23.7m) | ($24.0m) | ($25.6m) | ($20.4m) | ($28.8m) | — | |
| Other assets | ($3.7m) | ($1.8m) | ($3.4m) | ($10.7m) | ($4.1m) | ($468k) | ($4.4m) | ($631k) | — | |
| Net cash provided by (used in) operating activities | ($30.2m) |
($40.1m)
-32.99%
|
($92.9m)
-131.39%
|
($83.8m)
+9.78%
|
($160.1m)
-91.03%
|
($17.9m)
+88.80%
|
$14.9m
+183.24%
|
$90.4m
+505.43%
|
$123.8m
+37.05%
|
|
| Purchases of property and equipment | ($2.9m) | ($6.9m) | ($57.3m) | ($41.6m) | ($5.4m) | ($7.7m) | ($5.6m) | ($3.8m) | ($16.5m) | |
| Net accretion of discount on marketable securities | ($820k) | ($1.0m) | $406k | $784k | $62k | ($3.4m) | ($5.5m) | ($2.1m) | — | |
| Purchases of marketable securities | ($103.2m) | ($77.8m) | ($191.6m) | ($62.4m) | ($72.2m) | ($319.1m) | ($234.4m) | ($179.2m) | — | |
| Sales of marketable securities | $0 | $4.3m | $37.1m | $373k | $0 | $18k | $0 | $23.4m | — | |
| Maturities of marketable securities | $62.0m | $93.4m | $53.8m | $132.3m | $143.9m | $43.1m | $240.6m | $206.3m | — | |
| Net cash provided by (used in) investing activities | ($44.7m) | $12.7m | ($158.9m) | $27.6m | $64.5m | ($289.1m) | ($6.1m) | $37.2m | $29.6m | |
| Repurchases of common stock | ($14k) | ($77k) | ($33k) | ($40k) | ($9k) | $0 | ($78.4m) | ($132.2m) | — | |
| Taxes paid related to net share settlement of equity awards | $0 | $0 | ($378k) | $0 | $0 | ($10k) | ($5k) | $0 | — | |
| Net cash (used in) provided by financing activities | $55.3m |
$311.6m
+463.54%
|
$201.0m
-35.49%
|
$37.2m
-81.49%
|
$381.4m
+924.97%
|
$16.8m
-95.60%
|
($58.1m)
-446.27%
|
($117.9m)
-102.99%
|
— | |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | ($19.5m) | $284.1m | ($50.8m) | ($19.5m) | $286.2m | ($289.9m) | ($51.8m) | $15.4m | — | |
| Effect of foreign exchange rates on cash, cash equivalents, and restricted cash | $4k | ($19k) | $3k | ($461k) | $335k | $389k | ($2.5m) | $5.8m | — | |
| Restricted cash | $2.8m | $4.7m | $0 | $0 | $4.7m | $0 | $136k | $418k | — | |
| Additional Supplementary Disclosures | ||||||||||
| Additional Supplementary Disclosures | ||||||||||
| Allowance for expected credit losses | $95k | $653k | $924k | $2.3m | $1.9m | $3.1m | $3.2m | $1.9m | — | |
| Non-cash lease expense | $0 | $8.2m | $16.4m | $16.6m | $15.6m | $18.1m | $18.0m | $18.3m | — | |
| Operating lease liabilities | $0 | ($7.6m) | $7.3m | $8.1m | ($13.8m) | ($18.9m) | ($20.0m) | ($23.0m) | — | |
| Capitalized internal-use software costs | ($557k) | ($384k) | ($962k) | ($1.1m) | ($1.8m) | ($5.4m) | ($6.7m) | ($9.6m) | — | |
| Repayment of term loan | — | $0 | $0 | ($1.7m) | ($38.3m) | ($3.1m) | ($2.5m) | ($3.8m) | — | |
| Proceeds from exercise of stock options | $4.3m | $11.7m | $20.5m | $16.6m | $5.8m | $4.8m | $9.1m | $5.0m | — | |
| Proceeds from employee stock purchase plan | — | $0 | $0 | $13.3m | $17.1m | $15.1m | $13.7m | $13.0m | — | |
| Beginning of period | $26.6m | $310.7m | $259.9m | $240.4m | $526.6m | $236.7m | $184.9m | $200.3m | — | |
| Cash and cash equivalents | $23.8m | $306.0m | $259.9m | $240.4m | $526.6m | $236.7m | $184.7m | $199.8m | $194.1m | |
| Cash paid for income taxes | $0 | $150k | $275k | $1.5m | $4.3m | $3.4m | $4.3m | $5.0m | — | |
| Cash paid for interest | — | $0 | $80k | $833k | $1.7m | $3.6m | $5.9m | $2.9m | — | |
| Vesting of early exercised stock options | $613k | $1.4m | $3.4m | $2.4m | $692k | $109k | $0 | $0 | — |