Asana Inc. reported its financial results for the first quarter of fiscal 2026, marking a significant milestone with its first positive non-GAAP operating margin in the company's history. Revenues for the quarter reached $187.3 million, reflecting a 9% increase year over year. Asana's non-GAAP net income per share was $0.22, based on approximately 243 million diluted weighted average shares outstanding. The company achieved a non-GAAP operating margin improvement of 1,300 basis points year over year, surpassing its Q1 non-GAAP operating margin guidance by over 300 basis points. Asana's AI Studio also performed well, exceeding $1 million in annual recurring revenue $(ARR)$ in its first quarter of general availability. Looking ahead, Asana has raised its full-year non-GAAP operating margin guidance, demonstrating confidence in its capacity to maintain durable and profitable growth despite macroeconomic challenges. The company projects revenues for fiscal 2026 to be in the range of $775.0 million to $790.0 million, representing a year-over-year growth of 7% to 9%, and anticipates a non-GAAP operating margin of at least 5.5%.