Asana, Inc. reported financial results for its Q2 fiscal 2026 ended July 31, 2025.
Q2 revenue exceeded the high end of guidance, leading to a raise in the midpoint of FY26 revenue guidance range.
The company showcased improvements in both GAAP and non-GAAP operating margins compared to the previous year.
Revenue Growth
Q2 revenues reached $196.9 million, marking a 10% year-over-year increase.
Operating Margin Improvement
Q2 GAAP operating margin improved by 18 percentage points and non-GAAP operating margin by 16 percentage points year over year.
Guidance Raise
Asana raised its FY26 non-GAAP operating margin guidance, demonstrating confidence in long-term growth and profitability.
- Asana delivered solid financial performance in Q2 fiscal 2026, exceeding revenue expectations and showcasing significant improvements in operating margins.
- The company's focus on AI workflows and collaborations is driving efficiency and productivity, positioning Asana well for future growth.
- Expansion in Core and high-spending customer segments indicates a positive trajectory for revenue growth and customer retention.
Asana's Q2 results reflect a strong performance with revenue growth and margin improvements, instilling confidence in the company's future prospects.