Asana(US:ASAN)2025-12-02 21:30AI Transformation & Collaborative Work Management - Asana is positioning itself as the platform for human + AI collaboration, emphasizing context, checkpoints, and controls [18, 20, 22, 24] - The company is introducing AI Teammates, collaborative AI agents designed to deliver real outcomes [36] - AI Studio is designed to supercharge workflows and accelerate outcomes [28] - Early traction of AI Studio and AI Teammates has led to over $1 million in bookings in the first full quarter (Q1), with sequential growth in Q2 and Q3 [55] Financial Performance & Growth - Total revenue for the trailing twelve months (TTM) is $774 million, with a TTM revenue growth of 9% [68] - Non-GAAP gross margin stands at 89% [68] - Customer growth from customers spending $100K+ annually is 15% year-over-year [69, 80] - The company repurchased $30.8 million of Class A common stock in Q3'26, representing 22 million shares [92] - Asana is guiding for FY26 revenue between $789 million and $791 million, representing 9% revenue growth [94] - The FY26 non-GAAP operating margin is expected to be 7% [88, 94]