ASANNEUTRAL

Gross Margin

87.6%

Higher than 93% of Technology sector peers

Updated 16h ago

Sector Performance

93th percentile

ASAN

87.6%

Sector Median

62.2%

Sector Avg

59.8%

📊

Deep Analysis

Gross margin measures the percentage of revenue that remains after deducting the direct costs of delivering a product or service; Asana’s 87.6% means it keeps nearly 88 cents of every dollar earned after covering those core costs.

This is far above the sector median of 62.2%, placing Asana in the 93rd percentile among its technology peers. Trend data is not available — the year-over-year and quarter-over-quarter changes are both marked as N/A, and the metric has only a single historical value of 87.6%. A very high gross margin combined with no trend information offers limited insight into direction; it suggests the company has strong unit economics, but without recent movement investors cannot assess whether that edge is improving or eroding. This high level alone reduces downside risk from cost structure but does not offset other uncertainties that keep the overall stock verdict NEUTRAL. The gross margin supports the neutral stance because its excellence is already priced in or counterbalanced by other factors, not because it contradicts the rating.

Frequently Asked Questions

What does the Gross Margin tell investors about ASAN?

Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.

How is the Gross Margin calculated?

Gross Margin is calculated as: Gross Profit / Revenue.

How does ASAN's Gross Margin compare to its sector?

ASAN's Gross Margin of 87.6% compares to a Technology sector median of 62.2%, placing it in the 93th percentile.

Who are ASAN's closest peers by Gross Margin?

The closest Technology peers by Gross Margin include: LYFT (47.6%), UBER (45.0%), GRAB (43.4%), ACLS (40.5%), COHU (40.4%).

The Formula

Gross Profit / Revenue

Why It Matters

Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.