This paper puts forth the idea of a subversive stance on learning analytics as a theoretically-grounded means of engaging with issues of power and equity in education and the ways in which they interact with the usage of data on learning processes. The concept draws on efforts from fields such as socio-technical systems and critical race studies that have a long history of examining the role of data in issues of race, gender and class. To illustrate the value that such a stance offers the field of learning analytics, we provide examples of how taking a subversive perspective can help us to identify tacit assumptions-in-practice, ask generative questions about our design processes and consider new modes of creation to produce tools that operate differently in the world.