Asana narrows loss 65%, launches AI agent product, acquires StackAI amid CEO transition

Filed May 28, 2026 · Period ending April 30, 2026 · Compared to 10-Q Jun 3, 2025 · ~1 min read

Key Changes

• high

  Operating loss improved from $43.9M to $15.2M (down 65% YoY) while revenue grew 10%; non-GAAP operating income nearly tripled to $23.6M, demonstrating progress toward profitability despite AI infrastructure investments.

  MD&A: Operating Results verify on EDGAR →
• high

  Launched AI Teammates, a consumption-based product positioning AI agents as collaborative team members; acquired StackAI's no-code AI automation platform to accelerate agent deployment strategy.

  MD&A: Product Portfolio & Acquisitions verify on EDGAR →
• high

  Enterprise customer growth outpaced overall expansion: customers spending $100K+ annually grew 12% to 817, while Core customers rose 7% to 26,103; dollar-based net retention improved to 96% from 95%.

  MD&A: Customer Metrics verify on EDGAR →