Okta (OKTA) Financials

$82.77 +1.72 (+2.12%)

Closing price 05/15/2026 04:00 PM Eastern

Extended Trading

$82.10 -0.67 (-0.80%)

As of 05/15/2026 07:56 PM Eastern

Annual Income Statements for Okta

This table shows Okta's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
Period end date	1/31/2016	1/31/2017	1/31/2018	1/31/2019	1/31/2020	1/31/2021	1/31/2022	1/31/2023	1/31/2024	1/31/2025	1/31/2026
Net Income / (Loss) Attributable to Common Shareholders	-76	-75	-110	-125	-209	-266	-848	-815	-355	28	235
Consolidated Net Income / (Loss)	-76	-75	-110	-125	-209	-266	-848	-815	-355	28	235
Net Income / (Loss) Continuing Operations	-76	-75	-110	-125	-209	-266	-848	-815	-355	28	235
Total Pre-Tax Income	-76	-75	-110	-126	-210	-266	-850	-801	-337	46	255
Total Operating Income	-76	-75	-112	-120	-186	-204	-768	-812	-516	-74	149
Total Gross Profit	50	105	176	286	427	617	904	1,312	1,682	1,992	2,258
Total Revenue	86	161	257	399	586	835	1,300	1,858	2,263	2,610	2,919
Operating Revenue	86	161	257	399	586	835	1,300	1,858	2,263	2,610	2,919
Total Cost of Revenue	36	56	81	113	159	218	396	546	581	618	661
Operating Cost of Revenue	36	56	81	113	159	218	396	546	581	618	661
Total Operating Expenses	126	180	288	405	613	821	1,672	2,124	2,198	2,066	2,109
Selling, General & Admin Expense	19	30	52	75	113	171	432	409	450	448	448
Marketing Expense	78	111	165	228	340	427	771	1,066	1,036	965	1,018
Research & Development Expense	29	39	71	102	159	223	469	620	656	642	639
Restructuring Charge	-	-	-	-	-	0.00	0.00	29	56	11	4.00
Total Other Income / (Expense), net	-0.02	0.04	1.68	-5.89	-25	-62	-82	11	179	120	106
Interest Expense	-	0.00	0.00	15	42	75	91	11	-98	-14	4.00
Other Income / (Expense), net	-0.02	0.04	1.68	9.18	17	13	9.00	22	81	106	110
Income Tax Expense	0.30	0.43	-0.32	-0.02	-1.42	0.00	-2.00	14	18	18	20
Basic Earnings per Share	($4.28)	($3.94)	($1.32)	($1.17)	($1.78)	($2.09)	($5.73)	($5.16)	($2.17)	$0.16	$1.33
Weighted Average Basic Shares Outstanding	17.82M	19.04M	83.00M	107.50M	117.22M	127.21M	148.04M	158.02M	163.63M	169.57M	175.88M
Diluted Earnings per Share	($4.28)	($3.94)	($1.32)	($1.17)	($1.78)	($2.09)	($5.73)	($5.16)	($2.17)	$0.06	$1.31
Weighted Average Diluted Shares Outstanding	17.82M	19.04M	83.00M	107.50M	117.22M	127.21M	148.04M	158.02M	163.63M	175.09M	179.29M
Weighted Average Basic & Diluted Shares Outstanding	17.82M	19.04M	83.00M	107.50M	117.22M	127.21M	156.70M	161.29M	167.40M	173.60M	176.89M

This table shows Okta's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026	Q4 2026
Period end date	7/31/2023	10/31/2023	1/31/2024	4/30/2024	7/31/2024	10/31/2024	1/31/2025	4/30/2025	7/31/2025	10/31/2025	1/31/2026
Net Income / (Loss) Attributable to Common Shareholders	-111	-81	-44	-40	29	16	23	62	67	43	63
Consolidated Net Income / (Loss)	-111	-81	-44	-40	29	16	23	62	67	43	63
Net Income / (Loss) Continuing Operations	-111	-81	-44	-40	29	16	23	62	67	43	63
Total Pre-Tax Income	-104	-74	-44	-22	12	25	31	68	67	50	70
Total Operating Income	-162	-111	-83	-47	-19	-16	8.00	39	41	23	46
Total Gross Profit	407	439	460	469	491	508	524	533	560	572	593
Total Revenue	556	584	605	617	646	665	682	688	728	742	761
Operating Revenue	556	584	605	617	646	665	682	688	728	742	761
Total Cost of Revenue	149	145	145	148	155	157	158	155	168	170	168
Operating Cost of Revenue	149	145	145	148	155	157	158	155	168	170	168
Total Operating Expenses	569	550	543	516	510	524	516	494	519	549	547
Selling, General & Admin Expense	119	111	110	117	108	110	113	103	113	118	114
Marketing Expense	261	270	249	236	238	256	235	237	246	271	264
Research & Development Expense	172	165	156	163	164	158	157	154	160	160	165
Total Other Income / (Expense), net	58	37	39	25	31	41	23	29	26	27	24
Interest Expense	-40	-16	-14	2.00	-2.00	-15	1.00	1.00	1.00	1.00	1.00
Other Income / (Expense), net	18	21	25	27	29	26	24	30	27	28	25
Income Tax Expense	7.00	7.00	-	18	-17	9.00	8.00	6.00	0.00	7.00	7.00
Basic Earnings per Share	($0.68)	($0.49)	($0.26)	($0.24)	$0.18	$0.09	$0.13	$0.36	$0.38	$0.24	$0.35
Weighted Average Basic Shares Outstanding	162.76M	164.38M	163.63M	167.47M	168.61M	170.22M	169.57M	174.17M	175.46M	176.52M	175.88M
Diluted Earnings per Share	($0.68)	($0.49)	($0.26)	($0.24)	$0.15	$0.00	$0.15	$0.35	$0.37	$0.24	$0.35
Weighted Average Diluted Shares Outstanding	162.76M	164.38M	163.63M	167.47M	174.44M	170.67M	175.09M	181.75M	180.97M	178.40M	179.29M
Weighted Average Basic & Diluted Shares Outstanding	164.05M	165.35M	167.40M	168.23M	169.86M	171.35M	173.60M	175.07M	176.29M	177.23M	176.89M

This table details how cash moves in and out of Okta's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
Period end date	1/31/2016	1/31/2017	1/31/2018	1/31/2019	1/31/2020	1/31/2021	1/31/2022	1/31/2023	1/31/2024	1/31/2025	1/31/2026
Net Change in Cash & Equivalents	36	-35	113	176	221	-83	-176	-2.00	71	73	449
Net Cash From Operating Activities	-42	-42	-25	15	56	128	104	86	512	750	884
Net Cash From Continuing Operating Activities	-42	-42	-25	15	56	128	104	86	512	750	884
Net Income / (Loss) Continuing Operations	-76	-75	-110	-125	-209	-266	-848	-815	-355	28	235
Consolidated Net Income / (Loss)	-76	-75	-110	-125	-209	-266	-848	-815	-355	28	235
Depreciation Expense	2.89	4.57	7.00	8.00	18	37	108	114	99	98	96
Amortization Expense	8.44	10	15	35	54	108	143	84	104	130	161
Non-Cash Adjustments To Reconcile Net Income	11	18	53	89	146	214	566	696	588	532	540
Changes in Operating Assets and Liabilities, net	13	0.09	9.34	8.97	46	35	135	7.00	76	-38	-148
Net Cash From Investing Activities	1.16	6.97	-100	-197	-688	-1,305	-367	-130	441	-314	271
Net Cash From Continuing Investing Activities	1.16	6.97	-100	-197	-688	-1,305	-367	-130	441	-314	271
Purchase of Property, Plant & Equipment	-4.09	-6.25	-12	-23	-19	-17	-17	-21	-23	-20	-21
Acquisitions	-2.61	-5.49	0.00	-16	-53	0.00	-215	-6.00	-23	-56	-56
Purchase of Investments	-46	0.00	-129	-631	-999	-2,029	-1,847	-1,411	-1,709	-1,812	-1,505
Sale and/or Maturity of Investments	54	19	41	472	384	741	1,712	1,308	2,196	1,574	1,853
Net Cash From Financing Activities	77	0.46	237	358	853	1,092	89	48	-883	-359	-720
Net Cash From Continuing Financing Activities	77	0.46	237	358	853	1,092	89	48	-883	-359	-720
Repayment of Debt	-0.21	-0.40	-0.52	-0.21	-225	-175	0.00	0.00	-937	-280	-510
Repurchase of Common Equity	0.00	-1.58	-4.04	0.00	-359	-	0.00	0.00	-7.00	0.00	-73
Issuance of Common Equity	0.00	0.00	208	66	19	26	36	31	46	42	41
Other Financing Activities, net	3.63	2.44	34	-43	377	106	53	17	15	-121	-178
Other Net Changes in Cash	-0.04	-0.12	0.49	-	-0.21	-	-2.00	-6.00	1.00	-4.00	14

This table details how cash moves in and out of Okta's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026	Q4 2026
Period end date	7/31/2023	10/31/2023	1/31/2024	4/30/2024	7/31/2024	10/31/2024	1/31/2025	4/30/2025	7/31/2025	10/31/2025	1/31/2026
Net Change in Cash & Equivalents	234	40	-66	-13	193	-204	97	85	384	-233	213
Net Cash From Operating Activities	53	156	174	219	86	159	286	241	167	218	258
Net Cash From Continuing Operating Activities	53	156	174	219	86	159	286	241	167	218	258
Net Income / (Loss) Continuing Operations	-111	-81	-44	-40	29	16	23	62	67	43	63
Consolidated Net Income / (Loss)	-111	-81	-44	-40	29	16	23	62	67	43	63
Depreciation Expense	18	21	20	25	21	22	24	24	24	24	24
Amortization Expense	26	27	28	30	32	33	35	36	40	41	44
Non-Cash Adjustments To Reconcile Net Income	159	154	148	146	145	118	129	126	145	134	135
Changes in Operating Assets and Liabilities, net	-39	35	22	58	-141	-30	75	-7.00	-109	-24	-8.00
Net Cash From Investing Activities	495	20	-133	-194	156	-99	-177	-120	238	105	48
Net Cash From Continuing Investing Activities	495	20	-133	-194	156	-99	-177	-120	238	105	48
Purchase of Property, Plant & Equipment	-4.00	-6.00	-8.00	-5.00	-8.00	-5.00	-2.00	-3.00	-5.00	-7.00	-6.00
Purchase of Investments	-146	-574	-558	-459	-320	-474	-559	-521	-199	-336	-449
Sale and/or Maturity of Investments	645	601	433	326	484	380	384	407	442	501	503
Net Cash From Financing Activities	-315	-133	-109	-37	-50	-265	-7.00	-45	-22	-555	-98
Net Cash From Continuing Financing Activities	-315	-133	-109	-37	-50	-265	-7.00	-45	-22	-555	-98
Issuance of Common Equity	-	-	20	-	-	-	18	-	-	-	18
Other Financing Activities, net	2.00	2.00	5.00	-37	-34	-25	-25	-45	-45	-45	-43

This table presents Okta's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
Period end date	1/31/2017	1/31/2018	1/31/2019	1/31/2020	1/31/2021	1/31/2022	1/31/2023	1/31/2024	1/31/2025	1/31/2026
Total Assets	131	399	984	1,955	3,299	9,206	9,307	8,989	9,437	9,710
Total Current Assets	93	317	708	1,600	2,879	3,041	3,229	2,980	3,416	3,644
Cash & Equivalents	23	128	298	520	435	260	264	334	409	858
Short-Term Investments	14	102	265	883	2,122	2,242	2,316	1,868	2,114	1,695
Accounts Receivable	35	52	92	130	195	398	481	559	621	687
Prepaid Expenses	7.03	18	28	33	82	66	76	106	132	233
Other Current Assets	14	18	24	34	46	75	92	113	140	171
Plant, Property, & Equipment, net	11	13	53	54	63	65	59	48	43	38
Total Noncurrent Assets	27	69	223	302	357	6,100	6,019	5,961	5,978	6,028
Goodwill	2.63	6.28	18	48	48	5,401	5,400	5,406	5,448	5,487
Intangible Assets	9.16	12	14	33	27	317	241	182	138	91
Other Noncurrent Operating Assets	15	51	191	222	282	382	378	373	392	450
Total Liabilities & Shareholders' Equity	131	399	984	1,955	3,299	9,206	9,307	8,989	9,437	9,710
Total Liabilities	146	200	732	1,550	2,605	3,284	3,841	3,101	3,032	2,711
Total Current Liabilities	134	188	573	547	1,546	1,243	1,465	1,782	2,523	2,554
Short-Term Debt	-	0.00	272	101	909	16	-	0.00	509	350
Accounts Payable	9.39	9.57	2.43	3.84	8.56	20	12	12	13	12
Current Deferred Revenue	108	160	-	365	503	973	1,242	1,488	1,691	1,875
Current Employee Benefit Liabilities	8.73	12	20	40	72	144	99	167	207	213
Other Current Liabilities	8.36	6.19	279	37	54	90	112	115	103	104
Total Noncurrent Liabilities	12	12	159	1,003	1,059	2,041	2,376	1,319	509	157
Long-Term Debt	-	-	0.00	837	857	1,816	2,193	1,154	349	0.00
Noncurrent Deferred Revenue	5.71	4.96	8.77	6.21	11	23	18	23	27	30
Other Noncurrent Operating Liabilities	6.08	7.02	150	160	191	202	165	142	133	127
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-244	199	252	405	694	5,922	5,466	5,888	6,405	6,999
Total Preferred & Common Equity	-244	199	252	405	694	5,922	5,466	5,888	6,405	6,999
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	-244	199	252	405	694	5,922	5,466	5,888	6,405	6,999
Common Stock	44	566	745	1,106	1,656	7,750	7,974	8,724	9,219	9,553
Retained Earnings	-288	-367	-492	-701	-967	-1,816	-2,475	-2,830	-2,802	-2,567
Accumulated Other Comprehensive Income / (Loss)	-0.17	0.39	-0.32	0.89	5.39	-12	-33	-6.00	-12	13

This table presents Okta's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	7/31/2022	10/31/2022	4/30/2023	7/31/2023	10/31/2023	4/30/2024	7/31/2024	10/31/2024	4/30/2025	7/31/2025	10/31/2025
Total Assets	9,074	9,094	8,900	8,713	8,740	8,955	9,067	9,010	9,365	9,550	9,229
Total Current Assets	2,946	3,007	2,843	2,686	2,727	2,917	3,038	3,003	3,365	3,566	3,201
Cash & Equivalents	216	250	125	356	400	322	515	310	494	876	645
Short-Term Investments	2,261	2,224	2,245	1,750	1,730	1,998	1,843	1,938	2,231	1,982	1,818
Accounts Receivable	323	381	290	388	418	307	377	463	345	417	463
Prepaid Expenses	64	69	88	91	75	173	181	165	150	141	120
Other Current Assets	81	84	95	101	104	117	122	127	145	150	155
Plant, Property, & Equipment, net	67	61	54	49	50	47	47	46	41	39	40
Total Noncurrent Assets	6,062	6,026	6,003	5,978	5,963	5,991	5,982	5,961	5,959	5,945	5,988
Goodwill	5,400	5,400	5,406	5,406	5,406	5,448	5,448	5,448	5,448	5,448	5,487
Intangible Assets	281	262	227	211	197	184	168	151	120	104	106
Other Noncurrent Operating Assets	380	364	370	361	360	359	366	362	391	393	395
Total Liabilities & Shareholders' Equity	9,074	9,094	8,900	8,713	8,740	8,955	9,067	9,010	9,365	9,550	9,229
Total Liabilities	3,621	3,686	3,366	3,073	3,010	3,002	2,934	2,745	2,798	2,796	2,336
Total Current Liabilities	1,237	1,309	1,362	1,456	1,543	1,686	1,660	2,234	2,296	2,647	2,184
Short-Term Debt	5.21	5.22	-	-	-	-	-	509	509	859	350
Accounts Payable	44	49	10	13	11	12	11	12	12	12	13
Current Deferred Revenue	994	1,045	1,173	1,225	1,256	1,391	1,394	1,415	1,562	1,550	1,557
Current Employee Benefit Liabilities	87	110	88	123	168	117	113	147	117	136	173
Other Current Liabilities	106	100	91	95	108	166	142	151	96	90	91
Total Noncurrent Liabilities	2,384	2,377	2,004	1,617	1,467	1,316	1,274	511	502	149	152
Long-Term Debt	2,190	2,192	1,831	1,451	1,302	1,155	1,113	349	349	0.00	0.00
Noncurrent Deferred Revenue	17	18	14	17	18	19	21	25	20	24	29
Other Noncurrent Operating Liabilities	177	167	159	149	147	142	140	137	133	125	123
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	5,453	5,408	5,534	5,640	5,730	5,953	6,133	6,265	6,567	6,754	6,893
Total Preferred & Common Equity	5,453	5,408	5,534	5,640	5,730	5,953	6,133	6,265	6,567	6,754	6,893
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	5,453	5,408	5,534	5,640	5,730	5,953	6,133	6,265	6,567	6,754	6,893
Common Stock	7,607	7,786	8,148	8,359	8,534	8,840	8,981	9,093	9,302	9,426	9,519
Retained Earnings	-2,113	-2,322	-2,594	-2,705	-2,786	-2,870	-2,841	-2,825	-2,740	-2,673	-2,630
Accumulated Other Comprehensive Income / (Loss)	-41	-56	-20	-14	-18	-17	-7.00	-3.00	5.00	1.00	4.00

This table displays calculated financial ratios and metrics derived from Okta's official financial filings.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
Period end date	1/31/2016	1/31/2017	1/31/2018	1/31/2019	1/31/2020	1/31/2021	1/31/2022	1/31/2023	1/31/2024	1/31/2025	1/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	177,230,221.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	177,230,221.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	1.33
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Net Operating Profit after Tax (NOPAT)	-53	-52	-78	-84	-130	-143	-538	-568	-361	-45	137
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-7.42%	-5.13%	-0.62%	1.87%
Earnings before Interest and Taxes (EBIT)	-76	-75	-110	-110	-169	-191	-759	-790	-435	32	259
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-65	-60	-88	-67	-96	-46	-508	-592	-247	250	516
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	1.05	-101	-74	-110	-107	-5,886	-395	-122	55	81
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	-53	-30	-40	-60	-96	5,252	5,079	4,840	4,740	4,796
Increase / (Decrease) in Invested Capital	0.00	-53	23	-9.39	-20	-36	5,348	-173	-239	-100	56
Book Value per Share	$0.00	($12.80)	$1.96	$2.29	$3.34	$5.36	$38.07	$34.12	$35.61	$37.38	$39.49
Tangible Book Value per Share	$0.00	($13.41)	$1.78	$2.00	$2.68	$4.78	$1.31	($1.09)	$1.81	$4.78	$8.02
Total Capital	0.00	-16	199	524	1,343	2,460	7,754	7,659	7,042	7,263	7,349
Total Debt	0.00	0.00	0.00	272	938	1,766	1,832	2,193	1,154	858	350
Total Long-Term Debt	0.00	0.00	0.00	0.00	837	857	1,816	2,193	1,154	349	0.00
Net Debt	0.00	-38	-230	-292	-465	-790	-670	-387	-1,048	-1,665	-2,203
Capital Expenditures (CapEx)	4.09	6.25	12	22	19	17	17	21	23	20	21
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-79	-100	-157	-250	-315	-688	-816	-1,004	-1,121	-1,113
Debt-free Net Working Capital (DFNWC)	0.00	-42	130	407	1,153	2,242	1,814	1,764	1,198	1,402	1,440
Net Working Capital (NWC)	0.00	-42	130	135	1,053	1,333	1,798	1,764	1,198	893	1,090
Net Nonoperating Expense (NNE)	23	23	32	42	79	123	310	247	-6.20	-73	-98
Net Nonoperating Obligations (NNO)	0.00	-38	-230	-292	-465	-790	-670	-387	-1,048	-1,665	-2,203
Total Depreciation and Amortization (D&A)	11	15	22	43	72	145	251	198	188	218	257
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($4.28)	($4.39)	($1.38)	($1.17)	($1.78)	($2.09)	($5.73)	($5.16)	($2.17)	$0.16	$1.33
Adjusted Weighted Average Basic Shares Outstanding	17.82M	19.04M	104.66M	112.23M	122.77M	131.21M	148.04M	158.02M	163.63M	169.57M	175.88M
Adjusted Diluted Earnings per Share	($4.28)	($4.39)	($1.38)	($1.17)	($1.78)	($2.09)	($5.73)	($5.16)	($2.17)	$0.06	$1.31
Adjusted Weighted Average Diluted Shares Outstanding	17.82M	19.04M	104.66M	112.23M	122.77M	131.21M	148.04M	158.02M	163.63M	175.09M	179.29M
Adjusted Basic & Diluted Earnings per Share	($4.28)	($4.39)	($1.38)	($1.17)	($1.78)	($2.09)	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	17.82M	19.04M	83.00M	107.50M	117.22M	127.21M	156.70M	161.29M	167.40M	173.60M	176.89M
Normalized Net Operating Profit after Tax (NOPAT)	-53	-52	-78	-84	-130	-143	-538	-548	-322	-38	141
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-

This table displays calculated financial ratios and metrics derived from Okta's official financial filings.

Metric	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026	Q4 2026
Period end date	7/31/2023	10/31/2023	1/31/2024	4/30/2024	7/31/2024	10/31/2024	1/31/2025	4/30/2025	7/31/2025	10/31/2025	1/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	177,230,221.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	177,230,221.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	0.36
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Net Operating Profit after Tax (NOPAT)	-113	-78	-58	-33	-46	-10	5.94	36	41	20	41
Return On Investment Capital (ROIC_SIMPLE)	-	-	-0.83%	-	-	-	0.08%	0.48%	0.54%	0.27%	0.56%
Earnings before Interest and Taxes (EBIT)	-144	-90	-58	-20	10	10	32	69	68	51	71
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-100	-42	-10	31	63	65	91	129	132	116	139
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	73	152	181	174	51	17	106	124	174	115	-15
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	4,985	4,902	4,840	4,788	4,888	4,875	4,740	4,700	4,755	4,780	4,796
Increase / (Decrease) in Invested Capital	-186	-229	-239	-207	-97	-27	-100	-88	-133	-95	56
Book Value per Share	$34.74	$34.93	$35.61	$35.56	$36.46	$36.88	$37.38	$37.83	$38.58	$39.10	$39.49
Tangible Book Value per Share	$0.14	$0.77	$1.81	$1.92	$3.07	$3.92	$4.78	$5.75	$6.87	$7.37	$8.02
Total Capital	7,091	7,032	7,042	7,108	7,246	7,123	7,263	7,425	7,613	7,243	7,349
Total Debt	1,451	1,302	1,154	1,155	1,113	858	858	858	859	350	350
Total Long-Term Debt	1,451	1,302	1,154	1,155	1,113	349	349	349	0.00	0.00	0.00
Net Debt	-655	-828	-1,048	-1,165	-1,245	-1,390	-1,665	-1,867	-1,999	-2,113	-2,203
Capital Expenditures (CapEx)	4.00	6.00	8.00	5.00	8.00	5.00	2.00	3.00	5.00	7.00	6.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-876	-946	-1,004	-1,089	-980	-970	-1,121	-1,147	-1,080	-1,096	-1,113
Debt-free Net Working Capital (DFNWC)	1,230	1,184	1,198	1,231	1,378	1,278	1,402	1,578	1,778	1,367	1,440
Net Working Capital (NWC)	1,230	1,184	1,198	1,231	1,378	769	893	1,069	919	1,017	1,090
Net Nonoperating Expense (NNE)	-2.40	3.30	-14	7.10	-75	-26	-17	-26	-26	-23	-22
Net Nonoperating Obligations (NNO)	-655	-828	-1,048	-1,165	-1,245	-1,390	-1,665	-1,867	-1,999	-2,113	-2,203
Total Depreciation and Amortization (D&A)	44	48	48	51	53	55	59	60	64	65	68
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.68)	($0.49)	($0.26)	($0.24)	$0.18	$0.09	$0.13	$0.36	$0.38	$0.24	$0.35
Adjusted Weighted Average Basic Shares Outstanding	162.76M	164.38M	163.63M	167.47M	168.61M	170.22M	169.57M	174.17M	175.46M	176.52M	175.88M
Adjusted Diluted Earnings per Share	($0.68)	($0.49)	($0.26)	($0.24)	$0.15	$0.00	$0.15	$0.35	$0.37	$0.24	$0.35
Adjusted Weighted Average Diluted Shares Outstanding	162.76M	164.38M	163.63M	167.47M	174.44M	170.67M	175.09M	181.75M	180.97M	178.40M	179.29M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	164.05M	165.35M	167.40M	168.23M	169.86M	171.35M	173.60M	175.07M	176.29M	177.23M	176.89M
Normalized Net Operating Profit after Tax (NOPAT)	-102	-75	-39	-33	-13	-10	14	36	29	20	41
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-

Financials Breakdown Chart

Key Financial Trends

Okta (NASDAQ: OKTA) has shown a generally improving revenue trajectory and improving profitability in the 2024–2026 window, with multiple quarters in 2026 delivering positive net income and solid cash flow from operations. Below are the top trends and insights a retail investor might consider, based on the latest four years of quarterly statements.

Revenue trend: Total revenue has risen from about $605 million in Q4 2024 to $761 million in Q4 2026, indicating sustained top-line growth over the period.
Stable and strong gross margins: Gross margin has remained in the high 70s% range across recent quarters (e.g., Q4 2026 gross profit of $593M on $761M revenue, ~78% gross margin; similar levels in prior quarters).
Positive quarterly net income in 2026: Net income from continuing operations was positive across several 2026 quarters (e.g., Q1 2026 around $62M, Q2 2026 around $67M, Q3 2026 around $43M, Q4 2026 around $63M), marking a shift toward profitability in the most recent year.
Robust cash flow from operations: Net cash from continuing operating activities has been strong in 2026 (e.g., Q4 2026 about $258M; Q3 2026 about $218M; Q2 2026 about $167M; Q1 2026 about $241M), supporting liquidity.
Solid liquidity and equity base: Total common equity has been in the multi-billions (roughly around $6.5–6.9B by mid-2026), and cash balances at times have shown meaningful levels (e.g., cash & equivalents around hundreds of millions to over $0.6B in some quarters, with total current assets around $3.2B in Q3 2026), indicating a strong balance sheet cushion.
Operating expense burden remains high: SGA, marketing, and R&D together run well north of $500M in recent quarters (e.g., Q4 2026: SGA $114M, Marketing $264M, R&D $165M), which keeps operating margins modest even as revenue grows.
Investing cash flow remains volatile: Large swings in purchases and sales of investments, acquisitions, and other investing activities have led to fluctuating net cash from investing activities across quarters, reflecting growth investments rather than pure cash management.
Low debt footprint: Long-term debt is negligible across the period (often shown as $0 in many quarters), adding to balance-sheet resilience, though this also means less cushion if financing needs arise.
History of prior-year profitability challenges: Earlier years (notably 2022–2024) saw several quarters with net losses or negative operating margins, highlighting profitability challenges before the recent improvement in 2026.
Rising operating expense relative to revenue could pressure margins if growth slows: Despite strong gross margins, high SGA/marketing/R&D expense levels imply that any deceleration in top-line growth could compress operating income and margins.

05/16/26 06:43 AM ETAI Generated. May Contain Errors.

Okta Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Okta's financial year ends in January. Their financial year 2026 ended on January 31, 2026.

Okta's net income appears to be on an upward trend, with a most recent value of $235 million in 2026, falling from -$76.30 million in 2016. The previous period was $28 million in 2025. Find out what analysts predict for Okta in the coming months.

Okta's total operating income in 2026 was $149 million, based on the following breakdown:

Total Gross Profit: $2.26 billion
Total Operating Expenses: $2.11 billion

Over the last 10 years, Okta's total revenue changed from $85.91 million in 2016 to $2.92 billion in 2026, a change of 3,297.9%.

Okta's total liabilities were at $2.71 billion at the end of 2026, a 10.6% decrease from 2025, and a 1,753.2% increase since 2017.

In the past 9 years, Okta's cash and equivalents has ranged from $23.28 million in 2017 to $858 million in 2026, and is currently $858 million as of their latest financial filing in 2026.

Over the last 10 years, Okta's book value per share changed from 0.00 in 2016 to 39.49 in 2026, a change of 3,949.1%.

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Financial statements for NASDAQ:OKTA last updated on 3/8/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Okta (OKTA) Financials

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Okta (OKTA) Financials

Annual Income Statements for Okta

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Quarterly Metrics And Ratios for Okta

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Okta Financials - Frequently Asked Questions

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How has Okta's revenue changed over the last 10 years?

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