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

PERDOCEO EDUCATION Corp is the larger business by last-quarter revenue ($211.6M vs $201.0M, roughly 1.1× Asana, Inc.). On growth, PERDOCEO EDUCATION Corp posted the faster year-over-year revenue change (20.0% vs 9.3%). PERDOCEO EDUCATION Corp produced more free cash flow last quarter ($37.9M vs $15.5M). Over the past eight quarters, PERDOCEO EDUCATION Corp's revenue compounded faster (12.2% CAGR vs 8.4%).

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.

Perdoceo Education Corporation (PRDO) is a public company that owns five for-profit universities in the United States: American Intercontinental University, Colorado Technical University, California Southern University, Trident University International, and University of St. Augustine for Health Sciences. The company was previously known as Career Education Corporation.

ASAN vs PRDO — Head-to-Head

Bigger by revenue
PRDO
PRDO
1.1× larger
PRDO
$211.6M
$201.0M
ASAN
Growing faster (revenue YoY)
PRDO
PRDO
+10.6% gap
PRDO
20.0%
9.3%
ASAN
More free cash flow
PRDO
PRDO
$22.4M more FCF
PRDO
$37.9M
$15.5M
ASAN
Faster 2-yr revenue CAGR
PRDO
PRDO
Annualised
PRDO
12.2%
8.4%
ASAN

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
ASAN
ASAN
PRDO
PRDO
Revenue
$201.0M
$211.6M
Net Profit
$-68.4M
Gross Margin
88.9%
Operating Margin
-34.8%
19.8%
Net Margin
-34.0%
Revenue YoY
9.3%
20.0%
Net Profit YoY
-19.4%
EPS (diluted)
$-0.29
$0.55

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
PRDO
PRDO
Q4 25
$201.0M
$211.6M
Q3 25
$196.9M
$211.9M
Q2 25
$187.3M
$209.6M
Q1 25
$188.3M
$213.0M
Q4 24
$183.9M
$176.4M
Q3 24
$179.2M
$169.8M
Q2 24
$172.4M
$166.7M
Q1 24
$171.1M
$168.3M
Net Profit
ASAN
ASAN
PRDO
PRDO
Q4 25
$-68.4M
Q3 25
$-48.4M
$39.9M
Q2 25
$-40.0M
$41.0M
Q1 25
$-62.3M
$43.7M
Q4 24
$-57.3M
Q3 24
$-72.2M
$38.3M
Q2 24
$-63.7M
$38.4M
Q1 24
$-62.4M
$39.4M
Gross Margin
ASAN
ASAN
PRDO
PRDO
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
PRDO
PRDO
Q4 25
-34.8%
19.8%
Q3 25
-25.1%
24.1%
Q2 25
-23.4%
24.5%
Q1 25
-33.8%
24.3%
Q4 24
-32.7%
21.1%
Q3 24
-42.9%
26.4%
Q2 24
-38.4%
27.6%
Q1 24
-39.7%
27.5%
Net Margin
ASAN
ASAN
PRDO
PRDO
Q4 25
-34.0%
Q3 25
-24.6%
18.8%
Q2 25
-21.4%
19.6%
Q1 25
-33.1%
20.5%
Q4 24
-31.2%
Q3 24
-40.3%
22.5%
Q2 24
-37.0%
23.0%
Q1 24
-36.5%
23.4%
EPS (diluted)
ASAN
ASAN
PRDO
PRDO
Q4 25
$-0.29
$0.55
Q3 25
$-0.20
$0.60
Q2 25
$-0.17
$0.62
Q1 25
$-0.27
$0.65
Q4 24
$-0.25
$0.46
Q3 24
$-0.31
$0.57
Q2 24
$-0.28
$0.57
Q1 24
$-0.28
$0.59

Balance Sheet & Financial Strength

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

Metric
ASAN
ASAN
PRDO
PRDO
Cash + ST InvestmentsLiquidity on hand
$183.5M
$111.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$188.4M
$972.4M
Total Assets
$840.4M
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASAN
ASAN
PRDO
PRDO
Q4 25
$183.5M
$111.0M
Q3 25
$184.1M
$159.5M
Q2 25
$193.8M
$172.1M
Q1 25
$184.7M
$132.1M
Q4 24
$196.8M
$109.1M
Q3 24
$219.4M
$238.0M
Q2 24
$222.0M
$127.9M
Q1 24
$236.7M
$125.8M
Stockholders' Equity
ASAN
ASAN
PRDO
PRDO
Q4 25
$188.4M
$972.4M
Q3 25
$224.6M
$997.9M
Q2 25
$236.3M
$984.6M
Q1 25
$227.5M
$970.3M
Q4 24
$239.3M
$959.5M
Q3 24
$291.9M
$935.4M
Q2 24
$319.9M
$899.5M
Q1 24
$326.4M
$866.1M
Total Assets
ASAN
ASAN
PRDO
PRDO
Q4 25
$840.4M
$1.2B
Q3 25
$883.2M
$1.3B
Q2 25
$877.1M
$1.3B
Q1 25
$891.4M
$1.3B
Q4 24
$874.2M
$1.2B
Q3 24
$945.4M
$1.1B
Q2 24
$978.2M
$1.1B
Q1 24
$962.0M
$1.1B

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
PRDO
PRDO
Operating Cash FlowLast quarter
$16.2M
$40.1M
Free Cash FlowOCF − Capex
$15.5M
$37.9M
FCF MarginFCF / Revenue
7.7%
17.9%
Capex IntensityCapex / Revenue
0.3%
1.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$74.5M
$216.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASAN
ASAN
PRDO
PRDO
Q4 25
$16.2M
$40.1M
Q3 25
$39.8M
$41.2M
Q2 25
$6.8M
$78.8M
Q1 25
$15.9M
$65.1M
Q4 24
$-14.9M
$17.6M
Q3 24
$15.9M
$51.0M
Q2 24
$-1.9M
$38.5M
Q1 24
$-15.3M
$54.5M
Free Cash Flow
ASAN
ASAN
PRDO
PRDO
Q4 25
$15.5M
$37.9M
Q3 25
$38.5M
$39.4M
Q2 25
$6.1M
$76.0M
Q1 25
$14.3M
$63.4M
Q4 24
$-16.3M
$16.0M
Q3 24
$14.2M
$50.0M
Q2 24
$-2.9M
$37.7M
Q1 24
$-15.8M
$53.3M
FCF Margin
ASAN
ASAN
PRDO
PRDO
Q4 25
7.7%
17.9%
Q3 25
19.6%
18.6%
Q2 25
3.3%
36.3%
Q1 25
7.6%
29.8%
Q4 24
-8.8%
9.1%
Q3 24
7.9%
29.4%
Q2 24
-1.7%
22.6%
Q1 24
-9.3%
31.7%
Capex Intensity
ASAN
ASAN
PRDO
PRDO
Q4 25
0.3%
1.1%
Q3 25
0.7%
0.9%
Q2 25
0.3%
1.3%
Q1 25
0.8%
0.8%
Q4 24
0.7%
0.9%
Q3 24
0.9%
0.6%
Q2 24
0.6%
0.5%
Q1 24
0.3%
0.7%
Cash Conversion
ASAN
ASAN
PRDO
PRDO
Q4 25
Q3 25
1.03×
Q2 25
1.92×
Q1 25
1.49×
Q4 24
Q3 24
1.33×
Q2 24
1.00×
Q1 24
1.38×

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%

PRDO
PRDO

CTU$107.0M51%
AIUS$60.8M29%
University Of St Augustine For Health Sciences Llc$43.7M21%
Other$1.1M1%

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