Asana ASAN
B2B SaaS Application Software Enterprise Software PLG

Asana trades at 2.1x EV/NTM revenue on a $1.84B enterprise value. Revenue grew 9.9% year over year to $216.4M in the quarter ending July 2026, an annual run rate of $865.0M. Asana reports a 86.0% gross margin and 50.2-month CAC payback.

ARR ($M)
865
Net Dollar Retention
--
ARR Growth
9.9%
EV / NTM Revenue
2.1x
Payback Period
50.2
EV / Run Rate
2.1x
Price & Key Metrics
Price Performance
Company Details
Share Price: 9.51
Last Filing Date: 2026-07-31
Fiscal Year End: 01-31
Last Filing: Form
Founding Year: 2008
IPO Year: 2021
% of 52 wk High: 63%
Description
Asana is a web and mobile application designed to help teams organize, track, and manage their work. Forrester, Inc. reports that “Asana simplifies team-based work management.”
Reporting Notes
Publishes full-time employee count in 10-K under Human Capital Management. Customer count published in 10-Qs under Paying Customers. NDR published in 10-Q.
Categories
B2B SaaS Application Software Enterprise Software PLG
Valuation
Market Cap: 2,177.506
Enterprise Value: 1,837.655
EV / Revenue Run Rate: 2.1x
EV / NTM Revenue: 2.1x
EV / 2026 Revenue Estimates: 2.2x
EV / 2027 Revenue Estimates: 2.0x
EV / 2028 Revenue Estimates: 1.8x
Key Business Metrics
Net Dollar Retention: --
Customers: --
ARR: 865
ARR Growth %: 10%
ARR/Customer ($K): --
ARR/Employee ($K): 489
Revenue
Revenue Run Rate: 865
ARR: 865
2026 Revenue Estimates: 854
2027 Revenue Estimates: 923
2028 Revenue Estimates: 1,003
LTM Revenue: 828
Last Year Run Rate: 787
Growth
Revenue Growth: 10%
ARR Growth: 10%
Growth Persistence: 100%
2026 Revenue Growth Estimates: 9%
2027 Revenue Growth Estimates: 8%
2028 Revenue Growth Estimates: 9%
Financials
Quarterly
Calendar Year
Frequently Asked Questions

How fast is Asana growing?

Asana grew revenue 9.9% year over year, reaching $216.4M in the quarter ending July 2026.

What multiple does Asana trade at?

Asana trades at 2.1x EV/NTM revenue and 2.1x EV/run-rate, on an enterprise value of $1.84B.

Is Asana profitable?

For Asana, operating income was -$41.2M last quarter and LTM free cash flow margin is 13.4%.

How long does it take Asana to pay back CAC?

Asana recovers customer acquisition cost in about 50.2 months.

What sector is Asana in?

Public Comps classifies Asana under B2B SaaS, Application Software, Enterprise Software, and PLG.

Where does Public Comps get Asana's data?

Figures come from Asana's own SEC filings, normalised into a consistent quarterly format and refreshed after each earnings release.