Asana Inc. reported its fourth-quarter earnings for fiscal year 2025, revealing a revenue of $188.3 million, which marks a 10% increase year-over-year and slightly exceeds analyst expectations of $188.15 million. The company's adjusted earnings per share (EPS) was $0.00, beating estimates of -$0.01. However, Asana's stock plummeted nearly 29% in after-hours trading following the announcement of a CEO succession plan and a disappointing revenue outlook for the upcoming quarter. For the first quarter of fiscal year 2026, Asana projected revenue between $184.5 million and $186.5 million, below the analyst consensus of $190.5 million. Additionally, the company forecasted full-year revenue for fiscal year 2026 to be between $782 million and $790 million, again falling short of the expected $803 million. The announcement of CEO Dustin Moskovitz's retirement contributed to the stock's decline, as investors reacted to the leadership change and the weak guidance provided.