Asana (ASAN) Reports FQ4 2026 Earnings, Tops Wall Street's Expectations

Asana, Inc. (NYSE:ASAN) is one of the Best Small-Cap Growth Stocks to Buy According to Hedge Funds. On March 2, Asana, Inc. (NYSE:ASAN) reported its fiscal Q4 2026 earnings. The company delivered 9.15% year-over-year revenue growth to reach $205.57 million and topped expectations by $443,400. The EPS of $0.08 also topped expectations by $0.01.

​Management noted the growth to be driven by increased AI product traction and disciplined capital allocation. Notably, the AI Studio annual recurring revenue exceeded $6 million with more than 50% quarter-over-quarter growth in Q4.

​Looking ahead, management expects fiscal 2027 revenue in the range of $850 million-$858 million, reflecting 7.5% to 8.5% year-over-year growth. The non-GAAP operating margins are expected at 9.5%. For the next quarter, the company expects revenue between $202.5 million and $204.5 million, with a non-GAAP operating income of $15 million-$17 million.

​Asana, Inc. (NYSE:ASAN) helps businesses streamline their daily tasks and strategic cross-functional projects with its work management platform.

While we acknowledge the potential of ASAN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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