🔹 Adj. EPS: $0.00 (Est. -$0.01) 🟢
🔹 Revenue: $188.3M (Est. $188.15M) 🟢; UP +10% YoY
Q1 & FY26 Guidance
🔹 Q1 Revenue: $184.5M-$186.5M (Est. $190.5M) 🔴
🔹 Q1 Adj. EPS: $0.02
🔹 FY26 Revenue: $782M-$790M (Est. $803M) 🔴
🔹 FY26 Adj. EPS: $0.19-$0.20 (Est. -$0.01) 🟢
Key Business Metrics
🔹 Core Customers ($5K+ ARR): 24,062 (+11% YoY)
🔹 Large Customers ($100K+ ARR): 726 (+20% YoY)
🔹 Dollar-Based Net Retention Rate: 96%
Profitability & Cash Flow
🔹 GAAP Operating Loss: -$63.6M; -34% margin (vs. -$67.9M; -40% in Q4 FY24)
🔹 Non-GAAP Operating Loss: -$1.7M; -1% margin (vs. -$15.6M; -9% in Q4 FY24)
🔹 Operating Cash Flow: $15.9M (vs. -$15.3M in Q4 FY24)
🔹 Free Cash Flow: $12.3M (vs. -$17.0M in Q4 FY24)
Strategic & Shareholder Updates
🔹 AI Studio Momentum: Strong adoption & expanding addressable market
🔹 AWS Q Business Integration: Enhancing AI-powered workflow automation
🔹 FY26 Focus: Investments in AI, channel expansion, and improving retention
Management Commentary
🔸 CEO Dustin Moskovitz: "AI Studio adoption is exceeding expectations, positioning Asana to lead in AI-human coordination."
🔸 CFO Sonalee Parekh: "FY26 will bring a 1,000+ bps improvement in non-GAAP operating margin and profitability starting Q1."