Asana, Inc. (ASAN) vs LightPath Technologies, Inc. (LPTH)

ASAN leads on 5 of 9 compared metrics.

A side-by-side comparison of Asana, Inc. and LightPath Technologies, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 28, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare
Asana, Inc. logo
ASAN
Asana, Inc.
$1.66B
$6.97Technology
LightPath Technologies, Inc. logo
LPTH
LightPath Technologies, Inc.
$629M
$13.13Technology

Total return — ASAN vs LPTH

growth of $100 · last 6y
ASAN -75.8%LPTH +442.6%LPTH compounded faster
Log scale — wide-divergence pair
101001kStart $100202120222023202420252026$24$543
ASAN LPTH

ASAN vs LPTH: by the numbers

  • •ASAN is the larger company ($1.66B vs $629M market cap).
  • •Both run net losses; ASAN's is the smaller (-20.21% vs -37.38% net margin).
  • •ASAN grew revenue faster over the past five years (25.87% vs 9.85% CAGR).

Which is better, ASAN or LPTH?

Metric tally: ASAN 5 · LPTH 4

It depends on what you're optimizing for:

GrowthASAN(faster 5Y revenue CAGR)
QualityLPTH(higher ROIC)

Metrics side by side

Valuation

MetricASANLPTH
Forward P/E18.70—
P/S ratio2.05●12.26
P/B ratio12.126.82●
FCF yield6.78%—

Profitability

MetricASANLPTH
Gross margin88.51%●32.10%
Operating margin-24.59%●-31.78%
Net margin-20.21%●-37.38%
ROE-119.29%-20.78%●
ROIC-48.28%-17.90%●

Growth (annualized)

MetricASANLPTH
Revenue CAGR (5Y)25.87%●9.85%
EPS CAGR (5Y)—7.65%
FCF CAGR (5Y)—-39.42%
Total return CAGR (5Y)-35.55%36.59%●

Frequently asked

Which is better, ASAN or LPTH?
It depends on your goal. growth: ASAN (faster 5Y revenue CAGR); quality: LPTH (higher ROIC). Across all compared metrics, ASAN leads 5 to 4.
Which has grown faster, ASAN or LPTH?
Over the past five years, ASAN grew revenue faster — ASAN at a 25.87% CAGR versus LPTH at 9.85%.
Which has been the better investment, ASAN or LPTH?
Over the past 5-year, LPTH delivered the higher annualized total return — ASAN at -35.55% versus LPTH at 22.60%. Past performance doesn't predict future results.

Go deeper

Full ASAN analysisFull LPTH analysisInteractive comparison tool

Dig into the metrics

Asana P/E ratioLightPath Technologies P/E ratioAsana dividend yieldLightPath Technologies dividend yieldAsana ROELightPath Technologies ROEAsana operating marginLightPath Technologies operating marginAsana revenue growthLightPath Technologies revenue growthAsana free cash flowLightPath Technologies free cash flow

Asana & LightPath Technologies appear in these rankings

Fastest Revenue Growth StocksHighest FCF Yield StocksBest 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 28, 2026.