Asana, Inc. (ASAN) vs Red Cat Holdings, Inc. (RCAT)
ASAN and RCAT are evenly matched — 5 metrics each of 10.
A side-by-side comparison of Asana, Inc. and Red Cat Holdings, 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).
Total return — ASAN vs RCAT
growth of $100 · last 6yASAN -75.8%RCAT +1618.5%RCAT compounded faster
Log scale — wide-divergence pair
ASAN RCAT
ASAN vs RCAT: by the numbers
- •ASAN is the larger company ($1.66B vs $1.00B market cap).
- •Both run net losses; ASAN's is the smaller (-20.21% vs -161.09% net margin).
- •RCAT grew revenue faster over the past five years (69.38% vs 25.87% CAGR).
Which is better, ASAN or RCAT?
Metric tally: ASAN 5 · RCAT 5It depends on what you're optimizing for:
GrowthRCAT(faster 5Y revenue CAGR)
QualityRCAT(higher ROIC)
Metrics side by side
Valuation
| Metric | ASAN | RCAT |
|---|---|---|
| Forward P/E | 18.70● | 84.36 |
| P/S ratio | 2.05● | 21.17 |
| P/B ratio | 12.12 | 4.70● |
| FCF yield | 6.78% | — |
Profitability
| Metric | ASAN | RCAT |
|---|---|---|
| Gross margin | 88.51%● | 5.41% |
| Operating margin | -24.59%● | -163.51% |
| Net margin | -20.21%● | -161.09% |
| ROE | -119.29% | -35.75%● |
| ROIC | -48.28% | -25.16%● |
Growth (annualized)
| Metric | ASAN | RCAT |
|---|---|---|
| Revenue CAGR (5Y) | 25.87% | 69.38%● |
| EPS CAGR (5Y) | — | -68.91% |
| FCF CAGR (5Y) | — | 314.98% |
| Total return CAGR (5Y) | -35.55% | 28.97%● |
Frequently asked
- Which is better, ASAN or RCAT?
- It depends on your goal. growth: RCAT (faster 5Y revenue CAGR); quality: RCAT (higher ROIC). Across all compared metrics, they are evenly matched.
- Which has grown faster, ASAN or RCAT?
- Over the past five years, RCAT grew revenue faster — ASAN at a 25.87% CAGR versus RCAT at 69.38%.
- Which has been the better investment, ASAN or RCAT?
- Over the past 5-year, RCAT delivered the higher annualized total return — ASAN at -35.55% versus RCAT at -32.59%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Asana P/E ratioRed Cat P/E ratioAsana dividend yieldRed Cat dividend yieldAsana ROERed Cat ROEAsana operating marginRed Cat operating marginAsana revenue growthRed Cat revenue growthAsana free cash flowRed Cat free cash flow
Asana & Red Cat appear in these rankings
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.