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Side-by-side financial comparison of Asana, Inc. (ASAN) and California Resources Corp (CRC). Click either name above to swap in a different company.

Asana, Inc. is the larger business by last-quarter revenue ($201.0M vs $119.0M, roughly 1.7× California Resources Corp). Asana, Inc. produced more free cash flow last quarter ($15.5M vs $-32.0M). Over the past eight quarters, Asana, Inc.'s revenue compounded faster (8.4% CAGR vs -46.3%).

Asana, Inc. is an American software company based in San Francisco whose flagship Asana service is a web and mobile "work management" platform designed to help teams organize, track, and manage their work. Asana, Inc. was founded in 2008 by Dustin Moskovitz and Justin Rosenstein. The product launched commercially in April 2012. In September 2020, the company was valued at $5.5 billion following its direct listing.

California Resources Corporation is an American energy corporation engaged in hydrocarbon exploration in California. It is organized in Delaware and headquartered in Long Beach, California. Its mineral acreage holdings in California constitute the largest privately held position in the state.

ASAN vs CRC — Head-to-Head

Bigger by revenue
ASAN
ASAN
1.7× larger
ASAN
$201.0M
$119.0M
CRC
More free cash flow
ASAN
ASAN
$47.5M more FCF
ASAN
$15.5M
$-32.0M
CRC
Faster 2-yr revenue CAGR
ASAN
ASAN
Annualised
ASAN
8.4%
-46.3%
CRC

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
ASAN
ASAN
CRC
CRC
Revenue
$201.0M
$119.0M
Net Profit
$-68.4M
Gross Margin
88.9%
Operating Margin
-34.8%
-597.5%
Net Margin
-34.0%
Revenue YoY
9.3%
Net Profit YoY
-19.4%
EPS (diluted)
$-0.29
$-8.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ASAN
ASAN
CRC
CRC
Q1 26
$119.0M
Q4 25
$201.0M
$679.0M
Q3 25
$196.9M
$715.0M
Q2 25
$187.3M
$702.0M
Q1 25
$188.3M
$814.0M
Q4 24
$183.9M
$826.0M
Q3 24
$179.2M
$870.0M
Q2 24
$172.4M
$412.0M
Net Profit
ASAN
ASAN
CRC
CRC
Q1 26
Q4 25
$-68.4M
$12.0M
Q3 25
$-48.4M
$64.0M
Q2 25
$-40.0M
$172.0M
Q1 25
$-62.3M
$115.0M
Q4 24
$-57.3M
$33.0M
Q3 24
$-72.2M
$345.0M
Q2 24
$-63.7M
$8.0M
Gross Margin
ASAN
ASAN
CRC
CRC
Q1 26
Q4 25
88.9%
Q3 25
89.7%
Q2 25
89.7%
Q1 25
89.6%
Q4 24
89.2%
Q3 24
88.8%
Q2 24
89.7%
Operating Margin
ASAN
ASAN
CRC
CRC
Q1 26
-597.5%
Q4 25
-34.8%
6.9%
Q3 25
-25.1%
13.7%
Q2 25
-23.4%
38.0%
Q1 25
-33.8%
22.9%
Q4 24
-32.7%
8.2%
Q3 24
-42.9%
59.5%
Q2 24
-38.4%
9.2%
Net Margin
ASAN
ASAN
CRC
CRC
Q1 26
Q4 25
-34.0%
1.8%
Q3 25
-24.6%
9.0%
Q2 25
-21.4%
24.5%
Q1 25
-33.1%
14.1%
Q4 24
-31.2%
4.0%
Q3 24
-40.3%
39.7%
Q2 24
-37.0%
1.9%
EPS (diluted)
ASAN
ASAN
CRC
CRC
Q1 26
$-8.02
Q4 25
$-0.29
$0.21
Q3 25
$-0.20
$0.76
Q2 25
$-0.17
$1.92
Q1 25
$-0.27
$1.26
Q4 24
$-0.25
$0.87
Q3 24
$-0.31
$3.78
Q2 24
$-0.28
$0.11

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ASAN
ASAN
CRC
CRC
Cash + ST InvestmentsLiquidity on hand
$183.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$188.4M
$2.9B
Total Assets
$840.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASAN
ASAN
CRC
CRC
Q1 26
Q4 25
$183.5M
$132.0M
Q3 25
$184.1M
$196.0M
Q2 25
$193.8M
$72.0M
Q1 25
$184.7M
$214.0M
Q4 24
$196.8M
$372.0M
Q3 24
$219.4M
$241.0M
Q2 24
$222.0M
$1.0B
Total Debt
ASAN
ASAN
CRC
CRC
Q1 26
Q4 25
Q3 25
$1.0B
Q2 25
$1.0B
Q1 25
$1.0B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.2B
Stockholders' Equity
ASAN
ASAN
CRC
CRC
Q1 26
$2.9B
Q4 25
$188.4M
$3.7B
Q3 25
$224.6M
$3.4B
Q2 25
$236.3M
$3.4B
Q1 25
$227.5M
$3.5B
Q4 24
$239.3M
$3.5B
Q3 24
$291.9M
$3.5B
Q2 24
$319.9M
$2.1B
Total Assets
ASAN
ASAN
CRC
CRC
Q1 26
Q4 25
$840.4M
$7.4B
Q3 25
$883.2M
$6.8B
Q2 25
$877.1M
$6.7B
Q1 25
$891.4M
$6.8B
Q4 24
$874.2M
$7.1B
Q3 24
$945.4M
$7.1B
Q2 24
$978.2M
$4.5B
Debt / Equity
ASAN
ASAN
CRC
CRC
Q1 26
Q4 25
Q3 25
0.29×
Q2 25
0.30×
Q1 25
0.29×
Q4 24
0.32×
Q3 24
0.32×
Q2 24
0.57×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ASAN
ASAN
CRC
CRC
Operating Cash FlowLast quarter
$16.2M
$99.0M
Free Cash FlowOCF − Capex
$15.5M
$-32.0M
FCF MarginFCF / Revenue
7.7%
-26.9%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$74.5M
$380.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASAN
ASAN
CRC
CRC
Q1 26
$99.0M
Q4 25
$16.2M
$235.0M
Q3 25
$39.8M
$279.0M
Q2 25
$6.8M
$165.0M
Q1 25
$15.9M
$186.0M
Q4 24
$-14.9M
$206.0M
Q3 24
$15.9M
$220.0M
Q2 24
$-1.9M
$97.0M
Free Cash Flow
ASAN
ASAN
CRC
CRC
Q1 26
$-32.0M
Q4 25
$15.5M
$115.0M
Q3 25
$38.5M
$188.0M
Q2 25
$6.1M
$109.0M
Q1 25
$14.3M
$131.0M
Q4 24
$-16.3M
$118.0M
Q3 24
$14.2M
$141.0M
Q2 24
$-2.9M
$63.0M
FCF Margin
ASAN
ASAN
CRC
CRC
Q1 26
-26.9%
Q4 25
7.7%
16.9%
Q3 25
19.6%
26.3%
Q2 25
3.3%
15.5%
Q1 25
7.6%
16.1%
Q4 24
-8.8%
14.3%
Q3 24
7.9%
16.2%
Q2 24
-1.7%
15.3%
Capex Intensity
ASAN
ASAN
CRC
CRC
Q1 26
Q4 25
0.3%
17.7%
Q3 25
0.7%
12.7%
Q2 25
0.3%
8.0%
Q1 25
0.8%
6.8%
Q4 24
0.7%
10.7%
Q3 24
0.9%
9.1%
Q2 24
0.6%
8.3%
Cash Conversion
ASAN
ASAN
CRC
CRC
Q1 26
Q4 25
19.58×
Q3 25
4.36×
Q2 25
0.96×
Q1 25
1.62×
Q4 24
6.24×
Q3 24
0.64×
Q2 24
12.13×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ASAN
ASAN

US$118.5M59%
Non Us$82.5M41%

CRC
CRC

Segment breakdown not available.

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