Asana Q1 Revenue Hits $205.1M, Posts Record 11.5% Non-GAAP Operating Margin
Summary
Asana reported Q1 fiscal 2027 revenue of $205.1 million, a 9.5% year-over-year increase, and achieved a record non-GAAP operating margin of 11.5%. Non-GAAP diluted net income per share was $0.10, exceeding previous guidance of $0.07-$0.08. This follows an 8-K filed earlier today which indicated better-than-expected Q1 results and a raised full-year revenue guidance. The specific financial figures confirm strong operational performance and a significant improvement in profitability, reinforcing the positive trend seen in FY26.
At the time of this announcement, ASAN was trading at $7.58 on NYSE in the Technology sector, with a market capitalization of approximately $1.6B. The 52-week trading range was $5.38 to $19.00. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.