Asana vs Tally Solutions: Revenue, Profit and Business Model
Asana had $790.8M of annual revenue in FY2026 and a net loss of $189M. Tally Solutions had ~$82.4M of annual revenue in FY2025.
Latest financial snapshot
Asana
- Latest annual revenue
- $790.8M (FY2026)
- Net income
- -$189M
- Net margin
- -23.9%
- Revenue growth
- +39.5% a year, FY2019–FY2026
Tally Solutions
- Latest annual revenue
- ~$82.4M (FY2025)
- Net income
- Unavailable here
- Net margin
- —
- Revenue growth
- +12.8% a year, FY2023–FY2025
Financial summary
Asana
Asana's fiscal year ends January 31. Revenue grew from $76.8 million in fiscal 2019 to $790.8 million in fiscal 2026, but growth has slowed every year since fiscal 2022, from 66.7% to 9.2%. The trade has been margin for growth: gross profit was $704.0 million in fiscal 2026, an 89% margin, non-GAAP operating income turned positive at $56.7 million against a $40.8 million loss a year earlier, and adjusted free cash flow jumped to $84.5 million from $2.6 million. The GAAP net loss was still $189.0 million, down 26% from fiscal 2025, mostly because of stock-based compensation. Asana held $434.0 million in cash, cash equivalents and marketable securities at January 31, 2026, plus an undrawn senior secured credit facility it entered into with Silicon Valley Bank in November 2022. In the second quarter of fiscal 2027, reported September 3, 2026, revenue rose 10% to $216.4 million and non-GAAP operating margin reached about 10%, and the company raised its full-year guidance. Asana, Inc. is a leading enterprise work management platform, commanding a market valuation historically around the multi-billion dollar mark.
Tally Solutions
Tally Solutions reported operating revenue of ~$82.4 million (₹710 crore) in FY2025, up about 14% from ~$72.3 million (₹622.9 crore) in FY2024 and ~$64.8 million (₹558.4 crore) in FY2023. Net profit fell from ~$5.93 million (₹51.1 crore) in FY2023 to about $2.9 million (₹25 crore) in FY2024; FY2025 profit was not disclosed. Growth in FY2025 came mainly from Tally Software Services renewals, and international markets supplied nearly 12% of revenue. Tally Solutions Pvt. Ltd. is a highly dominant Indian multinational technology company providing enterprise resource planning (ERP) software, operating securely as a private entity with a massive domestic market share.
Revenue and profit by year
Asana
| Year | Revenue | Net income | Margin | Growth | Source |
|---|---|---|---|---|---|
| FY2026 | $790.8M | -$189M | -23.9% | +9.2% | Source |
| FY2025 | $723.9M | -$255.5M | -35.3% | +10.9% | Source |
| FY2024 | $652.5M | -$257M | -39.4% | +19.2% | Source |
| FY2023 | $547.2M | -$407.8M | -74.5% | +44.6% | Source |
| FY2022 | $378.4M | -$288.3M | -76.2% | +66.7% | Source |
| FY2021 | $227M | -$211.7M | -93.3% | +59.2% | Source |
| FY2020 | $142.6M | -$118.6M | -83.2% | +85.8% | Source |
| FY2019 | $76.8M | -$50.9M | -66.3% | — | Source |
Tally Solutions
| Year | Revenue | Net income | Margin | Growth | Source |
|---|---|---|---|---|---|
| FY2025 | ~$82.4M | — | — | +14.0% | Source |
| FY2024 | ~$72.3M | ~$2.9M | 4.0% | +11.6% | Source |
| FY2023 | ~$64.8M | ~$5.9M | 9.2% | — | Source |
Where the revenue comes from
Asana
- Paid subscriptions
Not formally reported
Starter, Advanced, Enterprise and Enterprise+ tiers priced per seat. Starter lists at $10.99 and Advanced at $24.99 per user per month, billed annually.
- Free Personal tier
Not formally reported
Earns no revenue. Individuals and small teams start here, and Asana sells paid tiers as use spreads inside a company.
- Enterprise sales
Not formally reported
Enterprise and Enterprise+ are quoted by the sales team. A shift toward Enterprise+ was one of the main drivers of fiscal 2026 revenue growth, on total revenue of $790.8 million.
Tally Solutions
- TallyPrime licenses and rentals
Not disclosed
One-time Silver (single-user) and Gold (multi-user) licenses plus monthly rental plans. TallyPrime as a whole makes up about 99% of company revenue.
- Tally Software Services (TSS) renewals
Not disclosed
Annual subscription (₹4,500 to ₹13,500) for upgrades, statutory GST/e-invoicing updates, connected banking and AI features. A rush of TSS renewals drove FY2025 growth.
- Tally Education and TallyCapital~1%
Training and certification courses, and a lending-access service connecting MSMEs to credit. Small today; the company targets 30% annual growth for education.
Business model and strategy
Asana
How it makes money
Asana sells subscriptions. Its core work management product comes in five tiers, listed in its 10-K as Personal, Starter, Advanced, Enterprise and Enterprise+, priced per seat; Starter lists at $10.99 per user per month billed annually and Advanced at $24.99, while Enterprise and Enterprise+ are quoted by the sales team.
Growth strategy
Asana grows by moving accounts upmarket and by attaching AI. The company reports Core customers, those spending $5,000 or more a year, separately because they carried 76% of revenue in the fourth quarter of fiscal 2026: there were 25,928 of them at January 31, 2026, and 26,778 by July 31, 2026, while customers spending $100,000 or more grew from 817 to 890 over the same period.
Competitive advantage
Asana's defensible piece is the Work Graph, the data model it describes in its SEC filings as the institutional memory of the platform. Because work is stored as a network rather than as rows, one task can live in several projects at once with no duplicate copies, so a launch task can appear in the marketing plan, the engineering sprint and the executive portfolio and stay in sync.
Tally Solutions
How it makes money
Tally Solutions operates a hybrid perpetual licensing, software assurance subscription (Tally Software Services or TSS), and partner distribution model tailored specifically for micro, small, and medium enterprises (MSMEs). TallyPrime accounts for roughly 99% of revenue, according to the company.
Growth strategy
Tally Solutions' growth strategy is anchored on three key pillars: enterprise cloud modernization, deep MSME digitalization and compliance, and aggressive international expansion across emerging markets.
Competitive advantage
Tally Solutions possesses an entrenched competitive moat built on universal mindshare and generational workflow familiarity among Indian accountants, tax professionals, and MSMEs. Tally's offline-first architecture, extreme keyboard-driven navigation speed, and automated statutory GST compliance make switching costs prohibitively high for millions of Indian small businesses.
Questions about Asana vs Tally Solutions
Which company has higher revenue — Asana, Inc. or Tally Solutions?
Asana, Inc. had $790.8M (FY2026), while Tally Solutions had ~$82.4M (FY2025). By latest annual revenue, Asana, Inc. is the larger business, with Tally Solutions showing a smaller revenue base. Note: these are from different fiscal years and are not a direct like-for-like comparison.
What is the market cap of Asana, Inc. vs Tally Solutions?
Asana, Inc. has a market capitalisation of $2.2B. A public market cap figure for Tally Solutions was not available (it may be privately held).
How does revenue per employee compare for Asana, Inc. and Tally Solutions?
Asana, Inc. has $448k / employee in revenue per employee, while Tally Solutions has $75k / employee. Headcounts may use different dates, so the ratio alone does not establish which business operates more efficiently.
How do Asana, Inc. and Tally Solutions make money?
Asana, Inc. and Tally Solutions generate revenue in fundamentally different ways. Asana, Inc.: Asana sells subscriptions. Tally Solutions: Tally Solutions operates a hybrid perpetual licensing, software assurance subscription (Tally Software Services or TSS), and partner distribution model tailored specifically for micro, small, and medium enterprises (MSMEs).
Is Asana, Inc. bigger than Tally Solutions?
By last reported revenue, Asana, Inc. ($790.8M (FY2026)) is the larger company compared to Tally Solutions (~$82.4M (FY2025)). Revenue scale is one dimension of size — market capitalisation, employee count, and geographic reach are also relevant depending on the context.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the Asana vs Tally Solutions overview