ASAN
Asana, Inc.
ASAN offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
MSFT
Microsoft Corporation
MSFT has the edge over ASAN overall, supported by lower modeled downside and stronger valuation.
ASAN Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Strong | |
| Unavailable |
ASAN's revenue and cash flow are currently healthy, but its profitability is under pressure. There isn't enough data to rate its balance sheet.
MSFT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Healthy | |
| Strong |
MSFT's revenue, profitability, cash flow and balance sheet are all currently healthy.
ASAN PE Valuation
ASAN has no meaningful PE right now: it lost money over the past year.
MSFT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 25x | $523 | — |
| Cheap | 27x | $525 | +0.4% |
| Current | 27x | $523 | — |
| Fair | 34x | $652 | +25% |
| Expensive | 37x | $711 | +36% |
Historical ranges are pointers, not guarantees.
MSFT's PE is in its cheap range at 27x. If earnings grow as analysts expect, today's price would be 25x next year's earnings.
ASAN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
ASAN has the edge over MSFT on the outlook, with more favorable profitability expectations.
MSFT Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Strong growth | |
| Stable | |
| Moderate | |
| High |
Analysts expect strong earnings and revenue growth for MSFT, with profitability holding steady.
ASAN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.42 | — |
| Q3 2026 | -$0.66 | +$0.23 |
| Q2 2026 | -$0.69 | +$0.31 |
| Q1 2026 | -$0.80 | +$0.31 |
| Q4 2025 | -$0.93 | +$0.19 |
| Q3 2025 | -$0.89 | +$0.26 |
| Q2 2025 | -$1.00 | +$0.17 |
| Q1 2025 | -$1.11 | +$0.06 |
| Q4 2024 | -$1.12 | +$0.21 |
ASAN is still losing money, but far less than before: $0.66 per share over the past year, against $2.09 at its worst in late 2022.
MSFT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $20.79 | +8.6% |
| Q3 2026 | $19.15 | +36% |
| Q2 2026 | $17.95 | +32% |
| Q1 2026 | $16.80 | +30% |
| Q4 2025 | $15.99 | +29% |
| Q3 2025 | $14.06 | +16% |
| Q2 2025 | $13.64 | +16% |
| Q1 2025 | $12.93 | +12% |
| Q4 2024 | $12.41 | +12% |
MSFT has the edge over ASAN on earnings quality, reporting a profit while its opponent remains loss making.
ASAN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $216.4M | +9.9% |
| Q2 2026 | $205.1M | +9.5% |
| Q1 2026 | $205.6M | +9.2% |
| Q4 2025 | $201M | +9.3% |
| Q3 2025 | $196.9M | +9.9% |
| Q2 2025 | $187.3M | +8.6% |
| Q1 2025 | $188.3M | +10% |
| Q4 2024 | $183.9M | +10% |
ASAN's revenue has grown year over year every quarter since late 2020: $216M last quarter, up 9.9% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -19% | +6.1 points |
| Q2 2026 | -7.4% | +16 points |
| Q1 2026 | -17% | +17 points |
| Q4 2025 | -35% | -2.1 points |
| Q3 2025 | -25% | +18 points |
| Q2 2025 | -23% | +15 points |
| Q1 2025 | -34% | +5.9 points |
| Q4 2024 | -33% | +5.4 points |
ASAN's operating margin was −19% last quarter, up 6.1 points from the same quarter a year ago.
MSFT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $92.3B | +19% |
| Q2 2026 | $90B | +18% |
| Q1 2026 | $82.9B | +18% |
| Q4 2025 | $81.3B | +17% |
| Q3 2025 | $77.7B | +18% |
| Q2 2025 | $76.4B | +18% |
| Q1 2025 | $70.1B | +13% |
| Q4 2024 | $69.6B | +12% |
MSFT has the edge over ASAN on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 50% | +0.9 points |
| Q2 2026 | 45% | +0.2 points |
| Q1 2026 | 46% | +0.7 points |
| Q4 2025 | 47% | +1.6 points |
| Q3 2025 | 49% | +2.3 points |
| Q2 2025 | 45% | +1.8 points |
| Q1 2025 | 46% | +1.1 points |
| Q4 2024 | 45% | +1.9 points |
MSFT has the edge over ASAN on profitability, with a higher operating margin.
ASAN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $44.6M | +16% |
| Q2 2026 | $37.4M | +511% |
| Q1 2026 | $26.4M | +84% |
| Q4 2025 | $15.5M | +$31.8M |
| Q3 2025 | $38.5M | +172% |
| Q2 2025 | $6.1M | +$9M |
| Q1 2025 | $14.4M | +$30.2M |
| Q4 2024 | -$16.3M | -$6.8M |
ASAN has the edge over MSFT on cash flow, with more consistent year-over-year improvement.
MSFT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $18.6B | -27% |
| Q2 2026 | $19.6B | -23% |
| Q1 2026 | $15.8B | -22% |
| Q4 2025 | $5.9B | -9.3% |
| Q3 2025 | $25.7B | +33% |
| Q2 2025 | $25.6B | +9.6% |
| Q1 2025 | $20.3B | -3.2% |
| Q4 2024 | $6.5B | -29% |
MSFT's free cash flow has been positive every quarter for seven years: $60B over the past year, down 23% from the year before.
ASAN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -3.1% | -7.3M shares |
| 1 year | -2.3% | -5.4M shares |
| 3 years | +5.4% | +11.8M shares |
| 5 years | +35% | +60.2M shares |
| Available history | +54% | +81.2M shares |
ASAN has the edge over MSFT on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $51.5M |
| Q2 2026 | $45M |
| Q1 2026 | $58M |
| Q4 2025 | $30.8M |
| Q3 2025 | $28.9M |
| Q2 2025 | $14.5M |
| Q1 2025 | $4.5M |
| Q4 2024 | $54.8M |
ASAN spent $185M buying back its own shares over the past year, up 80% from the year before.
MSFT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -7M shares |
| 1 year | -0.3% | -20M shares |
| 3 years | -0.2% | -16M shares |
| 5 years | -1.6% | -121M shares |
| Available history | -3.2% | -245M shares |
MSFT has 7.4B diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $4.4B |
| Q2 2026 | $4.6B |
| Q1 2026 | $4.6B |
| Q4 2025 | $7.4B |
| Q3 2025 | $5.7B |
| Q2 2025 | $4.5B |
| Q1 2025 | $4.8B |
| Q4 2024 | $5B |
MSFT spent $21B buying back its own shares over the past year, up 5.2% from the year before.
ASAN Net Leverage
ASAN's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
MSFT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.1x | Very low |
| Q2 2026 | 0.1x | Very low |
MSFT's net debt is less than a year of its operating earnings (EBITDA).
ASAN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 52.0 | Neutral |
| Stochastic | 60.6 | Neutral |
ASAN's weekly RSI is 52 (neutral) and its Stochastic is 61 (neutral).
MSFT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 62.1 | Neutral |
| Stochastic | 68.0 | Neutral |
MSFT's weekly RSI is 62 (neutral) and its Stochastic is 68 (neutral).
ASAN PE vs Technology Sector
ASAN has no meaningful PE right now: it lost money over the past year.
MSFT PE vs Technology Sector
| Metric | MSFT | Sector median | Relative |
|---|---|---|---|
| PE | 27x | 28x | 2% below |
| PE % | 16 | 35 | 19 pts below |
MSFT is trading at 27x earnings, in line with the Technology sector's median of 28x.
ASAN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $10.1 | 4.6% below |
| 20 week MA | $9.19 | 5.2% above |
| 50 week MA | $8.89 | 8.8% above |
| 100 week MA | $12.4 | 22% below |
| 200 week MA | $14.8 | 35% below |
ASAN's trend is mixed: it's above two of its five weekly moving averages, and 35% below its 200-week average.
MSFT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $524.7 | 0.3% below |
| 20 week MA | $484.8 | 7.9% above |
| 50 week MA | $446.9 | 17% above |
| 100 week MA | $453.8 | 15% above |
| 200 week MA | $411.5 | 27% above |
MSFT has the edge over ASAN on trend strength, trading above more of its moving averages.
ASAN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $25.9 | $30.1 | +16% |
| 2021 | $30.1 | $77.9 | +159% |
| 2022 | $77.9 | $13.2 | -83% |
| 2023 | $13.2 | $19.0 | +44% |
| 2024 | $19.0 | $21.6 | +14% |
| 2025 | $21.6 | $13.8 | -36% |
| 2026 YTD | $13.8 | $9.67 | -30% |
ASAN's yearly returns have swung widely, from +159% in 2021 to −83% in 2022. It's down 30% so far in 2026.
MSFT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $159.0 | $222.8 | +40% |
| 2021 | $222.8 | $334.7 | +50% |
| 2022 | $334.7 | $238.7 | -29% |
| 2023 | $238.7 | $376.0 | +58% |
| 2024 | $376.0 | $430.5 | +14% |
| 2025 | $430.5 | $487.7 | +13% |
| 2026 YTD | $487.7 | $523.0 | +7.2% |
MSFT has the edge over ASAN on returns for 2026, with the stronger performance.