Asana Fiscal Q3 Swings to Profit, Revenue Increases; Raises Fiscal 2026 Outlook, Q4 Guidance Posted

MT Newswires Live
2025/12/03

Asana (ASAN) reported late Tuesday fiscal Q3 non-GAAP net income of $0.07 per share, up from a loss of $0.02 a year earlier.

Analysts polled by FactSet expected a non-GAAP income of $0.06.

Revenue for the quarter ended Oct. 31 was $201 million, compared with $183.9 million a year earlier.

Analysts surveyed by FactSet expected $198.8 million.

For fiscal Q4, the software firm is projecting a non-GAAP EPS of $0.07. Analysts polled by FactSet expect $0.06.

Fiscal Q4 revenue is expected in the range of $204 million to $206 million. Analysts polled by FactSet predict $203.2 million in revenue.

For its fiscal 2026, Asana said it is expecting a non-GAAP EPS of $0.25 to $0.26, raising its guidance from the previously expected $0.23 to $0.25. Analysts polled by FactSet expect $0.24.

Fiscal 2026 revenue is expected in the range of $789 million to $791 million compared with the previously expected $780 million to $790 million. Analysts polled by FactSet are predicting a revenue of $786.3 million.

Shares of the company were up about 5% in recent after-hours activity.

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