The chart below shows how ASAN performed 10 days before and after its earnings report, based on data from the past quarters. Typically, ASAN sees a -2.62% change in stock price 10 days leading up to the earnings, and a -3.95% change 10 days following the report. On the earnings day itself, the stock moves by +0.90%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Revenue Increase Stabilization: Total revenues were up over 10% year-over-year, above our guidance and reflecting stabilization of the growth rate versus last quarter.
Customer Base Growth: Our core customer base as well as our $100,000 and over customers grew 11% and 18% respectively, both accelerating over last quarter.
Non-Tech Verticals Growth: Non-tech verticals grew faster than overall growth and were up 15% year-over-year, accounting for over two-thirds of our business.
Q3 Revenue Increase: Our total revenue for Q3 came in at $183.9 million, up 10% year-over-year.
Share Repurchase Update: We repurchased $55 million of our shares in Q3 at an average price of $12.23 per share and have $75 million remaining in our authorization.
Negative
Q3 Revenue Increase: Q3 revenues came in at $183.9 million, up 10% year-over-year.
High Gross Margins: Gross margins came in at 89%.
R&D Investment Analysis: Research and Development was $54.9 million, or 30% of revenue.
Operating Loss Overview: Operating loss was $7.6 million, and our operating loss margin was 4%.
Net Loss Overview: Net loss was $4.8 million, and our net loss per share was $0.02.
Asana, Inc. (ASAN) Q3 2025 Earnings Call Transcript
ASAN.N
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