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 risk and potential of ASAN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ASAN and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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