Asana revenue up 9.9% to $216.4M, net loss narrows 19% to -$39.2M

Filed September 3, 2026 · Period ending July 31, 2026 · Compared to 10-Q Sep 3, 2025 · ~1 min read

Key Changes

• high

  Cost of revenues jumped 50% to $30.3M, driven by higher hosting, infrastructure, and amortization from the StackAI acquisition.

  MD&A: Cost of revenues verify on EDGAR →
• high

  Acquired StackAI for $71.6M, adding $56.6M in goodwill and $17.7M in intangibles, expanding AI product portfolio.

  Notes: Business combination verify on EDGAR →
• medium

  Board authorized an additional $160M buyback; $96.5M repurchased in H1 FY27, more than double prior year.

  Notes: Stock repurchases verify on EDGAR →