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Side-by-side financial comparison of Asana, Inc. (ASAN) and Via Renewables, Inc. (VIASP). Click either name above to swap in a different company.

Asana, Inc. is the larger business by last-quarter revenue ($201.0M vs $127.8M, roughly 1.6× Via Renewables, Inc.). Via Renewables, Inc. runs the higher net margin — 5.4% vs -34.0%, a 39.4% gap on every dollar of revenue. On growth, Via Renewables, Inc. posted the faster year-over-year revenue change (22.5% vs 9.3%). Asana, Inc. produced more free cash flow last quarter ($15.5M vs $-4.8M). Over the past eight quarters, Asana, Inc.'s revenue compounded faster (8.4% CAGR vs 5.9%).

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.

EDF Power Solutions is a wholly owned subsidiary of the French utility EDF Group, specializing in renewable energy production. As an integrated operator, the Group develops and finances the construction of renewable energy facilities, and manages operations and maintenance for its own account and for third parties.

ASAN vs VIASP — Head-to-Head

Bigger by revenue
ASAN
ASAN
1.6× larger
ASAN
$201.0M
$127.8M
VIASP
Growing faster (revenue YoY)
VIASP
VIASP
+13.2% gap
VIASP
22.5%
9.3%
ASAN
Higher net margin
VIASP
VIASP
39.4% more per $
VIASP
5.4%
-34.0%
ASAN
More free cash flow
ASAN
ASAN
$20.3M more FCF
ASAN
$15.5M
$-4.8M
VIASP
Faster 2-yr revenue CAGR
ASAN
ASAN
Annualised
ASAN
8.4%
5.9%
VIASP

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
ASAN
ASAN
VIASP
VIASP
Revenue
$201.0M
$127.8M
Net Profit
$-68.4M
$6.9M
Gross Margin
88.9%
34.4%
Operating Margin
-34.8%
15.2%
Net Margin
-34.0%
5.4%
Revenue YoY
9.3%
22.5%
Net Profit YoY
-19.4%
-30.9%
EPS (diluted)
$-0.29
$1.19

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
VIASP
VIASP
Q4 25
$201.0M
$127.8M
Q3 25
$196.9M
$103.3M
Q2 25
$187.3M
$90.0M
Q1 25
$188.3M
$142.3M
Q4 24
$183.9M
$104.3M
Q3 24
$179.2M
$93.8M
Q2 24
$172.4M
$86.7M
Q1 24
$171.1M
$114.1M
Net Profit
ASAN
ASAN
VIASP
VIASP
Q4 25
$-68.4M
$6.9M
Q3 25
$-48.4M
$757.0K
Q2 25
$-40.0M
$2.7M
Q1 25
$-62.3M
$8.8M
Q4 24
$-57.3M
$9.9M
Q3 24
$-72.2M
$2.1M
Q2 24
$-63.7M
$7.6M
Q1 24
$-62.4M
$8.6M
Gross Margin
ASAN
ASAN
VIASP
VIASP
Q4 25
88.9%
34.4%
Q3 25
89.7%
23.1%
Q2 25
89.7%
30.0%
Q1 25
89.6%
32.9%
Q4 24
89.2%
51.9%
Q3 24
88.8%
26.8%
Q2 24
89.7%
50.4%
Q1 24
89.8%
39.5%
Operating Margin
ASAN
ASAN
VIASP
VIASP
Q4 25
-34.8%
15.2%
Q3 25
-25.1%
3.1%
Q2 25
-23.4%
6.7%
Q1 25
-33.8%
17.5%
Q4 24
-32.7%
31.5%
Q3 24
-42.9%
5.3%
Q2 24
-38.4%
23.8%
Q1 24
-39.7%
22.6%
Net Margin
ASAN
ASAN
VIASP
VIASP
Q4 25
-34.0%
5.4%
Q3 25
-24.6%
0.7%
Q2 25
-21.4%
3.0%
Q1 25
-33.1%
6.2%
Q4 24
-31.2%
9.5%
Q3 24
-40.3%
2.3%
Q2 24
-37.0%
8.8%
Q1 24
-36.5%
7.5%
EPS (diluted)
ASAN
ASAN
VIASP
VIASP
Q4 25
$-0.29
$1.19
Q3 25
$-0.20
$-0.41
Q2 25
$-0.17
$0.09
Q1 25
$-0.27
$1.83
Q4 24
$-0.25
$2.33
Q3 24
$-0.31
$-0.17
Q2 24
$-0.28
$1.51
Q1 24
$-0.28
$1.81

Balance Sheet & Financial Strength

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

Metric
ASAN
ASAN
VIASP
VIASP
Cash + ST InvestmentsLiquidity on hand
$183.5M
$41.8M
Total DebtLower is stronger
$120.0M
Stockholders' EquityBook value
$188.4M
$67.7M
Total Assets
$840.4M
$331.3M
Debt / EquityLower = less leverage
1.77×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASAN
ASAN
VIASP
VIASP
Q4 25
$183.5M
$41.8M
Q3 25
$184.1M
$53.6M
Q2 25
$193.8M
$62.1M
Q1 25
$184.7M
$64.7M
Q4 24
$196.8M
$53.1M
Q3 24
$219.4M
$66.6M
Q2 24
$222.0M
$53.6M
Q1 24
$236.7M
$50.4M
Total Debt
ASAN
ASAN
VIASP
VIASP
Q4 25
$120.0M
Q3 25
$105.0M
Q2 25
$100.0M
Q1 25
$101.0M
Q4 24
$106.0M
Q3 24
$89.0M
Q2 24
$93.0M
Q1 24
$91.0M
Stockholders' Equity
ASAN
ASAN
VIASP
VIASP
Q4 25
$188.4M
$67.7M
Q3 25
$224.6M
$63.7M
Q2 25
$236.3M
$68.2M
Q1 25
$227.5M
$72.7M
Q4 24
$239.3M
$66.7M
Q3 24
$291.9M
$58.2M
Q2 24
$319.9M
$58.3M
Q1 24
$326.4M
$53.2M
Total Assets
ASAN
ASAN
VIASP
VIASP
Q4 25
$840.4M
$331.3M
Q3 25
$883.2M
$304.8M
Q2 25
$877.1M
$316.3M
Q1 25
$891.4M
$347.4M
Q4 24
$874.2M
$344.9M
Q3 24
$945.4M
$298.4M
Q2 24
$978.2M
$299.7M
Q1 24
$962.0M
$302.7M
Debt / Equity
ASAN
ASAN
VIASP
VIASP
Q4 25
1.77×
Q3 25
1.65×
Q2 25
1.47×
Q1 25
1.39×
Q4 24
1.59×
Q3 24
1.53×
Q2 24
1.60×
Q1 24
1.71×

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
VIASP
VIASP
Operating Cash FlowLast quarter
$16.2M
$-4.2M
Free Cash FlowOCF − Capex
$15.5M
$-4.8M
FCF MarginFCF / Revenue
7.7%
-3.7%
Capex IntensityCapex / Revenue
0.3%
0.4%
Cash ConversionOCF / Net Profit
-0.61×
TTM Free Cash FlowTrailing 4 quarters
$74.5M
$39.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASAN
ASAN
VIASP
VIASP
Q4 25
$16.2M
$-4.2M
Q3 25
$39.8M
$2.4M
Q2 25
$6.8M
$19.0M
Q1 25
$15.9M
$24.9M
Q4 24
$-14.9M
$2.0M
Q3 24
$15.9M
$20.1M
Q2 24
$-1.9M
$11.2M
Q1 24
$-15.3M
$17.1M
Free Cash Flow
ASAN
ASAN
VIASP
VIASP
Q4 25
$15.5M
$-4.8M
Q3 25
$38.5M
$1.9M
Q2 25
$6.1M
$18.4M
Q1 25
$14.3M
$23.5M
Q4 24
$-16.3M
$1.6M
Q3 24
$14.2M
$19.7M
Q2 24
$-2.9M
$10.9M
Q1 24
$-15.8M
$16.6M
FCF Margin
ASAN
ASAN
VIASP
VIASP
Q4 25
7.7%
-3.7%
Q3 25
19.6%
1.9%
Q2 25
3.3%
20.5%
Q1 25
7.6%
16.5%
Q4 24
-8.8%
1.5%
Q3 24
7.9%
21.0%
Q2 24
-1.7%
12.6%
Q1 24
-9.3%
14.6%
Capex Intensity
ASAN
ASAN
VIASP
VIASP
Q4 25
0.3%
0.4%
Q3 25
0.7%
0.4%
Q2 25
0.3%
0.6%
Q1 25
0.8%
1.0%
Q4 24
0.7%
0.4%
Q3 24
0.9%
0.4%
Q2 24
0.6%
0.3%
Q1 24
0.3%
0.4%
Cash Conversion
ASAN
ASAN
VIASP
VIASP
Q4 25
-0.61×
Q3 25
3.12×
Q2 25
6.94×
Q1 25
2.84×
Q4 24
0.20×
Q3 24
9.41×
Q2 24
1.47×
Q1 24
2.00×

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%

VIASP
VIASP

Retail Electricity$79.7M62%
Retail Natural Gas$48.9M38%

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