Asana releases transcript of FY2027 Q2 earnings call
ASAN•FY2027 second-quarter results
Asana discussed fiscal 2027 second-quarter results on a conference call attended by CEO Dan Rogers, CFO Aziz Megji, and investor relations head Eva Leung.
- Revenue was $216.4 million, up 10% year over year.
- Non-GAAP operating margin reached 10%.
- Dollar-based net retention rose to 97%.
- Customer net retention for accounts above $100,000 improved to 98% from 96%.
AI products and customer expansion
AI Studio and AI Teammates generated about 25% of net new ARR. Management also flagged a three-year, multi-million-dollar AI expansion deal.
Guidance for the next quarter and full year
For the third quarter, Asana guided revenue to $217 million-$219 million.
For the full year, revenue was guided to $858.5 million-$863.5 million, including a $1.2 million timing headwind.
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