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

Liberty Broadband Corp is the larger business by last-quarter revenue ($261.0M vs $201.0M, roughly 1.3× Asana, Inc.). Liberty Broadband Corp runs the higher net margin — 146.7% vs -34.0%, a 180.8% gap on every dollar of revenue. On growth, Asana, Inc. posted the faster year-over-year revenue change (9.3% vs 6.1%). Liberty Broadband Corp produced more free cash flow last quarter ($37.0M vs $15.5M). Over the past eight quarters, Asana, Inc.'s revenue compounded faster (8.4% CAGR vs 4.3%).

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.

Liberty Global Ltd. is a British-Dutch-American multinational telecommunications company domiciled in Bermuda, with headquarters in London, Amsterdam and Denver. Its respective legal names are Liberty Global Holdings Limited (UK), Liberty Global B.V. (Netherlands) and Liberty Global, Inc., with the first of these being publicly traded. It was formed in 2005 by the merger of the international arm of Liberty Media and UnitedGlobalCom (UGC).

ASAN vs LBRDA — Head-to-Head

Bigger by revenue
LBRDA
LBRDA
1.3× larger
LBRDA
$261.0M
$201.0M
ASAN
Growing faster (revenue YoY)
ASAN
ASAN
+3.2% gap
ASAN
9.3%
6.1%
LBRDA
Higher net margin
LBRDA
LBRDA
180.8% more per $
LBRDA
146.7%
-34.0%
ASAN
More free cash flow
LBRDA
LBRDA
$21.5M more FCF
LBRDA
$37.0M
$15.5M
ASAN
Faster 2-yr revenue CAGR
ASAN
ASAN
Annualised
ASAN
8.4%
4.3%
LBRDA

Income Statement — Q3 FY2026 vs Q2 FY2025

Metric
ASAN
ASAN
LBRDA
LBRDA
Revenue
$201.0M
$261.0M
Net Profit
$-68.4M
$383.0M
Gross Margin
88.9%
Operating Margin
-34.8%
15.7%
Net Margin
-34.0%
146.7%
Revenue YoY
9.3%
6.1%
Net Profit YoY
-19.4%
96.4%
EPS (diluted)
$-0.29
$2.68

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
LBRDA
LBRDA
Q4 25
$201.0M
Q3 25
$196.9M
Q2 25
$187.3M
$261.0M
Q1 25
$188.3M
$266.0M
Q4 24
$183.9M
$263.0M
Q3 24
$179.2M
$262.0M
Q2 24
$172.4M
$246.0M
Q1 24
$171.1M
$245.0M
Net Profit
ASAN
ASAN
LBRDA
LBRDA
Q4 25
$-68.4M
Q3 25
$-48.4M
Q2 25
$-40.0M
$383.0M
Q1 25
$-62.3M
$268.0M
Q4 24
$-57.3M
$291.0M
Q3 24
$-72.2M
$142.0M
Q2 24
$-63.7M
$195.0M
Q1 24
$-62.4M
$241.0M
Gross Margin
ASAN
ASAN
LBRDA
LBRDA
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%
Q1 24
89.8%
Operating Margin
ASAN
ASAN
LBRDA
LBRDA
Q4 25
-34.8%
Q3 25
-25.1%
Q2 25
-23.4%
15.7%
Q1 25
-33.8%
16.2%
Q4 24
-32.7%
4.9%
Q3 24
-42.9%
11.5%
Q2 24
-38.4%
8.5%
Q1 24
-39.7%
11.4%
Net Margin
ASAN
ASAN
LBRDA
LBRDA
Q4 25
-34.0%
Q3 25
-24.6%
Q2 25
-21.4%
146.7%
Q1 25
-33.1%
100.8%
Q4 24
-31.2%
110.6%
Q3 24
-40.3%
54.2%
Q2 24
-37.0%
79.3%
Q1 24
-36.5%
98.4%
EPS (diluted)
ASAN
ASAN
LBRDA
LBRDA
Q4 25
$-0.29
Q3 25
$-0.20
Q2 25
$-0.17
$2.68
Q1 25
$-0.27
$1.87
Q4 24
$-0.25
$2.04
Q3 24
$-0.31
$0.99
Q2 24
$-0.28
$1.36
Q1 24
$-0.28
$1.69

Balance Sheet & Financial Strength

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

Metric
ASAN
ASAN
LBRDA
LBRDA
Cash + ST InvestmentsLiquidity on hand
$183.5M
$180.0M
Total DebtLower is stronger
$3.1B
Stockholders' EquityBook value
$188.4M
$10.4B
Total Assets
$840.4M
$16.6B
Debt / EquityLower = less leverage
0.30×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASAN
ASAN
LBRDA
LBRDA
Q4 25
$183.5M
Q3 25
$184.1M
Q2 25
$193.8M
$180.0M
Q1 25
$184.7M
$226.0M
Q4 24
$196.8M
$163.0M
Q3 24
$219.4M
$168.0M
Q2 24
$222.0M
$73.0M
Q1 24
$236.7M
$108.0M
Total Debt
ASAN
ASAN
LBRDA
LBRDA
Q4 25
Q3 25
Q2 25
$3.1B
Q1 25
$3.8B
Q4 24
$3.8B
Q3 24
$3.7B
Q2 24
$3.6B
Q1 24
$3.6B
Stockholders' Equity
ASAN
ASAN
LBRDA
LBRDA
Q4 25
$188.4M
Q3 25
$224.6M
Q2 25
$236.3M
$10.4B
Q1 25
$227.5M
$10.1B
Q4 24
$239.3M
$9.8B
Q3 24
$291.9M
$9.5B
Q2 24
$319.9M
$9.3B
Q1 24
$326.4M
$9.1B
Total Assets
ASAN
ASAN
LBRDA
LBRDA
Q4 25
$840.4M
Q3 25
$883.2M
Q2 25
$877.1M
$16.6B
Q1 25
$891.4M
$17.0B
Q4 24
$874.2M
$16.7B
Q3 24
$945.4M
$16.3B
Q2 24
$978.2M
$16.0B
Q1 24
$962.0M
$15.7B
Debt / Equity
ASAN
ASAN
LBRDA
LBRDA
Q4 25
Q3 25
Q2 25
0.30×
Q1 25
0.38×
Q4 24
0.38×
Q3 24
0.39×
Q2 24
0.39×
Q1 24
0.40×

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
LBRDA
LBRDA
Operating Cash FlowLast quarter
$16.2M
$91.0M
Free Cash FlowOCF − Capex
$15.5M
$37.0M
FCF MarginFCF / Revenue
7.7%
14.2%
Capex IntensityCapex / Revenue
0.3%
20.7%
Cash ConversionOCF / Net Profit
0.24×
TTM Free Cash FlowTrailing 4 quarters
$74.5M
$-49.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASAN
ASAN
LBRDA
LBRDA
Q4 25
$16.2M
Q3 25
$39.8M
Q2 25
$6.8M
$91.0M
Q1 25
$15.9M
$78.0M
Q4 24
$-14.9M
$1.0M
Q3 24
$15.9M
$24.0M
Q2 24
$-1.9M
$27.0M
Q1 24
$-15.3M
$52.0M
Free Cash Flow
ASAN
ASAN
LBRDA
LBRDA
Q4 25
$15.5M
Q3 25
$38.5M
Q2 25
$6.1M
$37.0M
Q1 25
$14.3M
$13.0M
Q4 24
$-16.3M
$-63.0M
Q3 24
$14.2M
$-36.0M
Q2 24
$-2.9M
$-35.0M
Q1 24
$-15.8M
$-9.0M
FCF Margin
ASAN
ASAN
LBRDA
LBRDA
Q4 25
7.7%
Q3 25
19.6%
Q2 25
3.3%
14.2%
Q1 25
7.6%
4.9%
Q4 24
-8.8%
-24.0%
Q3 24
7.9%
-13.7%
Q2 24
-1.7%
-14.2%
Q1 24
-9.3%
-3.7%
Capex Intensity
ASAN
ASAN
LBRDA
LBRDA
Q4 25
0.3%
Q3 25
0.7%
Q2 25
0.3%
20.7%
Q1 25
0.8%
24.4%
Q4 24
0.7%
24.3%
Q3 24
0.9%
22.9%
Q2 24
0.6%
25.2%
Q1 24
0.3%
24.9%
Cash Conversion
ASAN
ASAN
LBRDA
LBRDA
Q4 25
Q3 25
Q2 25
0.24×
Q1 25
0.29×
Q4 24
0.00×
Q3 24
0.17×
Q2 24
0.14×
Q1 24
0.22×

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%

LBRDA
LBRDA

Segment breakdown not available.

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