🎉 M&A multiples are live!
Check it out!

Asana Valuation Multiples

Discover revenue and EBITDA valuation multiples for Asana and similar public comparables like GBS Software, Tanla Platforms, and Netbay.

Asana Overview

About Asana

Asana is a provider of collaborative work management software delivered via a cloud-based SaaS model. The firm’s solution offers scalable, dynamic tools to improve the efficiency of project and process management across countless use cases, including marketing programs, managing IT approvals, and performance management. Asana’s offering supports workflow management across teams, provides real time visibility into projects, and reporting and automation capabilities. The firm generates revenue via software subscriptions on a per seat basis.


Founded

2008

HQ

United States of America
Employees

1.8K+

Website

asana.com

Financials

LTM Revenue $736M

LTM EBITDA -$6.8M

EV

$3.4B

Valuation Multiples

Multiples.vc

Sign up to see

Valuation Multiples for 10K+ Public Comps

Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.

Asana Financials

Asana has a last 12-month revenue of $736M and a last 12-month EBITDA of -$6.8M.

In the most recent fiscal year, Asana achieved revenue of $724M and an EBITDA of -$230M.

Asana expects next 12-month revenue of  XXX    and NTM EBITDA of  XXX

See Asana valuation multiples based on analyst estimates

Asana P&L

FY 2023 FY 2024 FY 2025 LTM NTM
Revenue $547M $653M XXX XXX XXX
Gross Profit $491M $588M XXX XXX XXX
Gross Margin 90% 90% XXX XXX XXX
EBITDA -$388M -$235M XXX XXX XXX
EBITDA Margin -71% -36% XXX XXX XXX
Net Profit -$408M -$257M XXX XXX XXX
Net Margin -75% -39% XXX XXX XXX
Net Debt n/a n/a XXX XXX XXX

Financial data powered by Morningstar, Inc.

Asana Stock Performance

As of April 15, 2025, Asana's stock price is $16.

Asana has current market cap of $3.6B, and EV of $3.4B.

See Asana trading valuation data

Asana Stock Data

EV Market Cap Price 1D Price 1M Price 3M Price 12M EPS
$3.4B $3.6B XXX XXX XXX XXX $-0.06

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more

Sign Up

Asana Valuation Multiples

As of April 15, 2025, Asana has market cap of $3.6B and EV of $3.4B.

Asana's trades at 4.6x LTM EV/Revenue multiple, and -500.5x LTM EBITDA.

Analysts estimate Asana's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

See valuation multiples for Asana and 10K+ public comps

Asana Financial Valuation Multiples

FY 2024 FY 2025E FY 2026E FY 2027E
EV $3.4B XXX XXX XXX
EV/Revenue 4.8x XXX XXX XXX
EV/EBITDA -14.9x XXX XXX XXX
P/E -14.2x XXX XXX XXX
P/E/Growth n/a XXX XXX XXX
EV/FCF -20330.0x XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Get Asana Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.

Sign Up

Asana Valuation Multiples

Asana's NTM/LTM revenue growth is 9%

Asana's revenue per employee for the last fiscal year averaged $0.4M, while opex per employee averaged $0.5M for the same period.

Over next 12 months, Asana's ratio of sales and marketing spend to revenue is estimated to be  XXX , while its R&D spend to revenue to be  XXX .

Analysts estimate Asana's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

See operational valuation multiples for Asana and other 10K+ public comps

Asana Operational Valuation Multiples

FY 2024 NTM FY 2025E FY 2026E FY 2027E
Revenue Growth 19% XXX XXX XXX XXX
EBITDA Margin -32% XXX XXX XXX XXX
EBITDA Growth -39% XXX XXX XXX XXX
Rule of 40 (SaaS-only) -24% XXX XXX XXX XXX
Revenue per Employee $0.4M XXX XXX XXX XXX
Opex per Employee $0.5M XXX XXX XXX XXX
S&M Expenses to Revenue 58% XXX XXX XXX XXX
G&A Expenses to Revenue 21% XXX XXX XXX XXX
R&D Expenses to Revenue 47% XXX XXX XXX XXX
Opex to Revenue 126% XXX XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 220+ Verticals

Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!

Digital Therapeutics
Pharma Analytics
Private Equity
ERP Software
Developer Tools
Consumer SaaS
Streaming Platforms

Asana Public Comps

See public comps and valuation multiples for Communication & Collaboration Software and Productivity Software comps
EV/Revenue EV/EBITDA
2025E 2026E 2027E 2025E 2026E 2027E
CM.com XXX XXX XXX XXX XXX XXX
Dubber XXX XXX XXX XXX XXX XXX
Netbay XXX XXX XXX XXX XXX XXX
Tanla Platforms XXX XXX XXX XXX XXX XXX
GBS Software XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX

Valuation data powered by FactSet, Inc.

Asana M&A and Investment Activity

Asana acquired  XXX companies to date.

Last acquisition by Asana was  XXXXXXXX, XXXXX XXXXX XXXXXX . Asana acquired  XXXXXXXX for  XXX (EV/Revenue multiple of  XXX ).

See M&A valuation multiples

Latest Acquisitions by Asana

Acquired Company EV EV/Revenue EV/EBITDA
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX

Get Verified M&A Valuation Multiples

Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.

Sign Up

About Asana

When was Asana founded? Asana was founded in 2008.
Where is Asana headquartered? Asana is headquartered in United States of America.
How many employees does Asana have? As of today, Asana has 1.8K+ employees.
Who is the CEO of Asana? Asana's CEO is Mr. Dustin Moskovitz.
Is Asana publicy listed? Yes, Asana is a public company listed on NYS.
What is the stock symbol of Asana? Asana trades under ASAN ticker.
When did Asana go public? Asana went public in 2020.
Who are competitors of Asana? Similar companies to Asana include e.g. CM.com, Dubber, Netbay, Tanla Platforms.
What is the current market cap of Asana? Asana's current market cap is $3.6B
What is the current revenue of Asana? Asana's last 12-month revenue is $736M.
What is the current EBITDA of Asana? Asana's last 12-month EBITDA is -$6.8M.
What is the current EV/Revenue multiple of Asana? Current revenue multiple of Asana is 4.6x.
What is the current EV/EBITDA multiple of Asana? Current EBITDA multiple of Asana is -500.5x.
What is the current revenue growth of Asana? Asana revenue growth between 2023 and 2024 was 19%.
Is Asana profitable? Yes, Asana is EBITDA-positive (as of the last 12 months).

Join Now Or Talk To Us

Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.