Asana vs Braze
Asana and Braze are similar in size: $791m and $738m of revenue in their latest fiscal years. Braze grew faster (24.4% against 9.2%). Braze kept more of each dollar of sales as profit: a net margin of -17.8% against -23.9%.
| Latest fiscal year | AsanaASAN, 2026 | BrazeBRZE, 2026 |
|---|---|---|
| Revenue | $791m | $738m |
| Revenue growth | 9.2% | 24.4% |
| Net income | −$189m | −$131m |
| Operating margin | -25.0% | -19.6% |
| Net margin | -23.9% | -17.8% |
| Return on equity | -99.1% | -23.9% |
| Free cash flow | $86.6m | $61.9m |
| Cash | $200m | $124m |
| Total debt | $40.8m | — |
| Debt to equity | 26.5% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $132m | — |
| Employees | 1,767 | 1,988 |
| Market value | $2.60bn | $5.09bn |
| Price vs our value range | — | — |
| Moat score | 36 (Weak) | 34 (Weak) |
| Insider trades, 12 months | 0 buys, 38 sales | 0 buys, 44 sales |