Asana Shares Rise 7% On Q2 Beat And Raised Full-Year Outlook

Asana Inc. (NYSE:ASAN) gained more than 7% on Thursday after the work management platform posted better-than-expected fiscal second-quarter results and raised its full-year guidance, supported by growing adoption of artificial intelligence features.

Adjusted EPS was $0.06, above consensus of $0.05. Revenue reached $196.9 million, beating forecasts of $193.04 million and rising 10% year-over-year. Growth was driven by Asana’s AI Studio and Smart Workflows.

For FY26, Asana raised revenue guidance to $780–$790 million versus consensus of $782 million, and lifted adjusted EPS guidance to $0.23–$0.25, in line with estimates.

Core customers spending $5,000 or more annually increased 9% to 25,006, while those spending over $100,000 rose 19% to 770. For Q3, revenue is projected at $197.5–$199.5 million, with EPS of $0.06–$0.07.