🔹 Revenue: $187.3M (Est. $185.5M) 🟢; UP +8.6% YoY
🔹 Adj EPS: $0.05 (Est. $0.02) 🟢
Q2'26 Guidance
🔹 Revenue: $192M–$194M (Est. $192.2M) 🟢
🔹 Adj EPS: $0.04–$0.05 (Est. $0.04) 🟢
🔹 Non-GAAP Operating Income: $8M–$10M
🔹 Operating Margin: 4%–5%
🔹 Weighted Avg Shares (Diluted): ~243M
FY26 Guidance
🔹 Revenue: $775M–$790M (Est. $780.1M) 🟢
🔹 Adj EPS: $0.22 (Est. $0.19) 🟢
🔹 Operating Margin: ≥5.5%
🔹 Weighted Avg Shares (Diluted): ~243M
Customer & Retention Metrics
🔹 Core Customers (>$5K ARR): 24,297; UP +10% YoY
🔹 $100K+ Customers: 728; UP +20% YoY
🔹 Net Retention Rate (Overall): 95%
🔹 Net Retention (Core Customers): 96%
🔹 Net Retention ($100K+ Customers): 95%
Strategic Highlights
🔸 AI Studio surpassed $1M in ARR in its first quarter post-launch
🔸 Largest subscription agreement in company history signed post-Q1: $100M+ over 3 years
🔸 Share repurchase authorization increased by $100M; total available: $156M
🔸 Appointed Marc Boroditsky (ex-Twilio, Cloudflare) to Board of Directors
🔸 Recognized as a Leader in Forrester Wave: Collaborative Work Management Q2’25
🔸 Top ratings in Gartner Voice of the Customer (4.5/5 in Adaptive Project Management)
🔸 Winner at 2025 Webby Awards – Apps & Software (Work, Productivity & Collaboration)
AI & Innovation
🔸 Launched AI Studio Plus and Smart Workflow Gallery
🔸 Hosted 15+ AI Studio training sessions with 4,000+ customer participants
🔸 Released Work Innovation Lab report: Crossing the 5 AI Chasms to guide enterprises on AI scaling
CEO Dustin Moskovitz Commentary
🔸 “Just months after launch, AI Studio has surpassed $1M in ARR. Early customer success confirms its transformative potential and validates Asana’s leadership in human + AI coordination.”