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Side-by-side financial comparison of Asana, Inc. (ASAN) and Simply Good Foods Co (SMPL). Click either name above to swap in a different company.

Simply Good Foods Co is the larger business by last-quarter revenue ($340.2M vs $201.0M, roughly 1.7× Asana, Inc.). Simply Good Foods Co runs the higher net margin — 7.4% vs -34.0%, a 41.5% gap on every dollar of revenue. On growth, Asana, Inc. posted the faster year-over-year revenue change (9.3% vs -0.3%). Simply Good Foods Co produced more free cash flow last quarter ($48.0M vs $15.5M). Over the past eight quarters, Asana, Inc.'s revenue compounded faster (8.4% CAGR vs 3.0%).

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.

Whole Foods Market, Inc. is an American multinational supermarket chain headquartered in Austin, Texas, owned wholly by Amazon, and which generally sells whole food products free from hydrogenated fats and artificial colors, flavors, and preservatives. A USDA Certified Organic grocer in the United States, the chain is popularly known for its organic selections.

ASAN vs SMPL — Head-to-Head

Bigger by revenue
SMPL
SMPL
1.7× larger
SMPL
$340.2M
$201.0M
ASAN
Growing faster (revenue YoY)
ASAN
ASAN
+9.6% gap
ASAN
9.3%
-0.3%
SMPL
Higher net margin
SMPL
SMPL
41.5% more per $
SMPL
7.4%
-34.0%
ASAN
More free cash flow
SMPL
SMPL
$32.5M more FCF
SMPL
$48.0M
$15.5M
ASAN
Faster 2-yr revenue CAGR
ASAN
ASAN
Annualised
ASAN
8.4%
3.0%
SMPL

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
ASAN
ASAN
SMPL
SMPL
Revenue
$201.0M
$340.2M
Net Profit
$-68.4M
$25.3M
Gross Margin
88.9%
32.3%
Operating Margin
-34.8%
11.0%
Net Margin
-34.0%
7.4%
Revenue YoY
9.3%
-0.3%
Net Profit YoY
-19.4%
-33.7%
EPS (diluted)
$-0.29
$0.26

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
SMPL
SMPL
Q4 25
$201.0M
$340.2M
Q3 25
$196.9M
Q2 25
$187.3M
$381.0M
Q1 25
$188.3M
Q4 24
$183.9M
$341.3M
Q3 24
$179.2M
$375.7M
Q2 24
$172.4M
$334.8M
Q1 24
$171.1M
$312.2M
Net Profit
ASAN
ASAN
SMPL
SMPL
Q4 25
$-68.4M
$25.3M
Q3 25
$-48.4M
Q2 25
$-40.0M
$41.1M
Q1 25
$-62.3M
Q4 24
$-57.3M
$38.1M
Q3 24
$-72.2M
$29.3M
Q2 24
$-63.7M
$41.3M
Q1 24
$-62.4M
$33.1M
Gross Margin
ASAN
ASAN
SMPL
SMPL
Q4 25
88.9%
32.3%
Q3 25
89.7%
Q2 25
89.7%
36.4%
Q1 25
89.6%
Q4 24
89.2%
38.2%
Q3 24
88.8%
38.8%
Q2 24
89.7%
39.9%
Q1 24
89.8%
37.4%
Operating Margin
ASAN
ASAN
SMPL
SMPL
Q4 25
-34.8%
11.0%
Q3 25
-25.1%
Q2 25
-23.4%
15.6%
Q1 25
-33.8%
Q4 24
-32.7%
16.0%
Q3 24
-42.9%
12.7%
Q2 24
-38.4%
17.6%
Q1 24
-39.7%
15.4%
Net Margin
ASAN
ASAN
SMPL
SMPL
Q4 25
-34.0%
7.4%
Q3 25
-24.6%
Q2 25
-21.4%
10.8%
Q1 25
-33.1%
Q4 24
-31.2%
11.2%
Q3 24
-40.3%
7.8%
Q2 24
-37.0%
12.3%
Q1 24
-36.5%
10.6%
EPS (diluted)
ASAN
ASAN
SMPL
SMPL
Q4 25
$-0.29
$0.26
Q3 25
$-0.20
Q2 25
$-0.17
$0.40
Q1 25
$-0.27
Q4 24
$-0.25
$0.38
Q3 24
$-0.31
$0.29
Q2 24
$-0.28
$0.41
Q1 24
$-0.28
$0.33

Balance Sheet & Financial Strength

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

Metric
ASAN
ASAN
SMPL
SMPL
Cash + ST InvestmentsLiquidity on hand
$183.5M
$194.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$188.4M
$1.7B
Total Assets
$840.4M
$2.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASAN
ASAN
SMPL
SMPL
Q4 25
$183.5M
$194.1M
Q3 25
$184.1M
Q2 25
$193.8M
$98.0M
Q1 25
$184.7M
Q4 24
$196.8M
$121.8M
Q3 24
$219.4M
$132.5M
Q2 24
$222.0M
$208.7M
Q1 24
$236.7M
$135.9M
Total Debt
ASAN
ASAN
SMPL
SMPL
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$397.5M
Q2 24
$237.7M
Q1 24
$237.7M
Stockholders' Equity
ASAN
ASAN
SMPL
SMPL
Q4 25
$188.4M
$1.7B
Q3 25
$224.6M
Q2 25
$236.3M
$1.8B
Q1 25
$227.5M
Q4 24
$239.3M
$1.8B
Q3 24
$291.9M
$1.7B
Q2 24
$319.9M
$1.7B
Q1 24
$326.4M
$1.6B
Total Assets
ASAN
ASAN
SMPL
SMPL
Q4 25
$840.4M
$2.5B
Q3 25
$883.2M
Q2 25
$877.1M
$2.4B
Q1 25
$891.4M
Q4 24
$874.2M
$2.4B
Q3 24
$945.4M
$2.4B
Q2 24
$978.2M
$2.2B
Q1 24
$962.0M
$2.1B
Debt / Equity
ASAN
ASAN
SMPL
SMPL
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.23×
Q2 24
0.14×
Q1 24
0.14×

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
SMPL
SMPL
Operating Cash FlowLast quarter
$16.2M
$50.1M
Free Cash FlowOCF − Capex
$15.5M
$48.0M
FCF MarginFCF / Revenue
7.7%
14.1%
Capex IntensityCapex / Revenue
0.3%
0.6%
Cash ConversionOCF / Net Profit
1.98×
TTM Free Cash FlowTrailing 4 quarters
$74.5M
$223.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASAN
ASAN
SMPL
SMPL
Q4 25
$16.2M
$50.1M
Q3 25
$39.8M
Q2 25
$6.8M
$101.1M
Q1 25
$15.9M
Q4 24
$-14.9M
$32.0M
Q3 24
$15.9M
$48.9M
Q2 24
$-1.9M
$72.8M
Q1 24
$-15.3M
$46.5M
Free Cash Flow
ASAN
ASAN
SMPL
SMPL
Q4 25
$15.5M
$48.0M
Q3 25
$38.5M
Q2 25
$6.1M
$98.9M
Q1 25
$14.3M
Q4 24
$-16.3M
$31.7M
Q3 24
$14.2M
$45.0M
Q2 24
$-2.9M
$72.0M
Q1 24
$-15.8M
$46.1M
FCF Margin
ASAN
ASAN
SMPL
SMPL
Q4 25
7.7%
14.1%
Q3 25
19.6%
Q2 25
3.3%
25.9%
Q1 25
7.6%
Q4 24
-8.8%
9.3%
Q3 24
7.9%
12.0%
Q2 24
-1.7%
21.5%
Q1 24
-9.3%
14.8%
Capex Intensity
ASAN
ASAN
SMPL
SMPL
Q4 25
0.3%
0.6%
Q3 25
0.7%
Q2 25
0.3%
0.6%
Q1 25
0.8%
Q4 24
0.7%
0.1%
Q3 24
0.9%
1.0%
Q2 24
0.6%
0.2%
Q1 24
0.3%
0.1%
Cash Conversion
ASAN
ASAN
SMPL
SMPL
Q4 25
1.98×
Q3 25
Q2 25
2.46×
Q1 25
Q4 24
0.84×
Q3 24
1.67×
Q2 24
1.76×
Q1 24
1.40×

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%

SMPL
SMPL

Quest$211.4M62%
Atkins Domain$79.7M23%
OWYN$28.1M8%
Other$20.9M6%

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