OKTA · Okta, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $688.00M | $742.00M | $728.00M | $617.00M | $665.00M | $646.00M | $518.00M | $584.00M | $556.00M | $414.94M |
| Cost of Revenue | $155.00M | $170.00M | $168.00M | $148.00M | $157.00M | $155.00M | $142.00M | $145.00M | $149.00M | $131.16M |
| Gross Profit | $533.00M | $572.00M | $560.00M | $469.00M | $508.00M | $491.00M | $376.00M | $439.00M | $407.00M | $283.78M |
| R&D | $154.00M | $160.00M | $160.00M | $163.00M | $158.00M | $164.00M | $163.00M | $165.00M | $172.00M | $161.65M |
| SG&A | $103.00M | $118.00M | $113.00M | $117.00M | $110.00M | $108.00M | $110.00M | $111.00M | $119.00M | $109.34M |
| Total Operating Expenses | $494.00M | $549.00M | $519.00M | $516.00M | $524.00M | $510.00M | $536.00M | $550.00M | $569.00M | $523.47M |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $39.00M | $23.00M | $41.00M | ($47.00M) | ($16.00M) | ($19.00M) | ($160.00M) | ($111.00M) | ($162.00M) | ($239.69M) |
| Interest Expense | $2.00M | $1.00M | $1.00M | $2.00M | $2.00M | $1.00M | $3.00M | $2.00M | $2.00M | $2.87M |
| Income Tax | $6.00M | $7.00M | $0 | $18.00M | $9.00M | ($17.00M) | $4.00M | $7.00M | $7.00M | $1.86M |
| Net Income | $62.00M | $43.00M | $67.00M | ($40.00M) | $16.00M | $29.00M | ($119.00M) | ($81.00M) | ($111.00M) | ($242.71M) |
| EPS - Basic | $0.36 | $0.24 | $0.38 | ($0.24) | $0.09 | $0.18 | ($0.74) | ($0.49) | ($0.68) | ($1.56) |
| EPS - Diluted | $0.35 | $0.24 | $0.37 | ($0.24) | $0.00 | $0.15 | ($0.74) | ($0.49) | ($0.68) | ($1.56) |
Balance Sheet
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $858.00M | $645.00M | $876.00M | $409.00M | $310.00M | $515.00M | $334.00M | $400.00M | $356.00M | $264.00M |
| Accounts Receivable | $687.00M | $463.00M | $417.00M | $621.00M | $463.00M | $377.00M | $559.00M | $418.00M | $388.00M | $481.00M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $12.00M | $13.00M | $12.00M | $13.00M | $12.00M | $11.00M | $12.00M | $11.00M | $13.00M | $12.00M |
| Current Assets | $3.64B | $3.20B | $3.57B | $3.42B | $3.00B | $3.04B | $2.98B | $2.73B | $2.69B | $3.23B |
| Total Assets | $9.71B | $9.23B | $9.55B | $9.44B | $9.01B | $9.07B | $8.99B | $8.74B | $8.71B | $9.31B |
| Current Liabilities | $2.55B | $2.18B | $2.65B | $2.52B | $2.23B | $1.66B | $1.78B | $1.54B | $1.46B | $1.47B |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $2.71B | $2.34B | $2.80B | $3.03B | $2.75B | $2.93B | $3.10B | $3.01B | $3.07B | $3.84B |
| Stockholders' Equity | $7.00B | $6.89B | $6.75B | $6.41B | $6.26B | $6.13B | $5.89B | $5.73B | $5.64B | $5.47B |
| Retained Earnings | ($2.57B) | ($2.63B) | ($2.67B) | ($2.80B) | ($2.83B) | ($2.84B) | ($2.83B) | ($2.79B) | ($2.71B) | ($2.48B) |
Cash Flow
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $241.00M | - | - | $219.00M | - | - | $129.00M | - | - | $18.83M |
| Investing Cash Flow | ($120.00M) | - | - | ($194.00M) | - | - | $59.00M | - | - | ($88.34M) |
| Financing Cash Flow | ($45.00M) | - | - | ($37.00M) | - | - | ($326.00M) | - | - | $5.38M |
| CapEx | $1.00M | - | - | $1.00M | - | - | $0 | - | - | $5.33M |
| Free Cash Flow | $240.00M | - | - | $218.00M | - | - | $129.00M | - | - | $13.50M |
Ratios
| Metric | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 77.5% | 77.1% | 76.9% | 76.0% | 76.4% | 76.0% | 72.6% | 75.2% | 73.2% | 68.4% |
| Operating margin | 5.7% | 3.1% | 5.6% | -7.6% | -2.4% | -2.9% | -30.9% | -19.0% | -29.1% | -57.8% |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | 9.0% | 5.8% | 9.2% | -6.5% | 2.4% | 4.5% | -23.0% | -13.9% | -20.0% | -58.5% |
| Free cash flow margin | 34.9% | - | - | 35.3% | - | - | 24.9% | - | - | 3.3% |
| FCF / Net income | 3.87 | - | - | -5.45 | - | - | -1.08 | - | - | -0.06 |
| R&D / Revenue | 22.4% | 21.6% | 22.0% | 26.4% | 23.8% | 25.4% | 31.5% | 28.3% | 30.9% | 39.0% |
| SG&A / Revenue | 15.0% | 15.9% | 15.5% | 19.0% | 16.5% | 16.7% | 21.2% | 19.0% | 21.4% | 26.4% |
| Effective tax rate | 8.8% | 14.0% | 0.0% | - | 36.0% | -141.7% | - | - | - | - |
| Return on assets | 0.6% | 0.5% | 0.7% | -0.4% | 0.2% | 0.3% | -1.3% | -0.9% | -1.3% | -2.6% |
| Return on equity | 0.9% | 0.6% | 1.0% | -0.6% | 0.3% | 0.5% | -2.0% | -1.4% | -2.0% | -4.4% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.43 | 1.47 | 1.35 | 1.35 | 1.34 | 1.83 | 1.67 | 1.77 | 1.84 | 2.20 |
| Quick ratio | 1.43 | 1.47 | 1.35 | 1.35 | 1.34 | 1.83 | 1.67 | 1.77 | 1.84 | 2.20 |
| Cash ratio | 0.34 | 0.30 | 0.33 | 0.16 | 0.14 | 0.31 | 0.19 | 0.26 | 0.24 | 0.18 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 19.5x | 23.0x | 41.0x | -23.5x | -8.0x | -19.0x | -53.3x | -55.5x | -81.0x | -83.6x |
| Equity multiplier | 1.39 | 1.34 | 1.41 | 1.47 | 1.44 | 1.48 | 1.53 | 1.53 | 1.54 | 1.70 |
| Liabilities / Assets | 0.28 | 0.25 | 0.29 | 0.32 | 0.30 | 0.32 | 0.34 | 0.34 | 0.35 | 0.41 |
| Efficiency | ||||||||||
| Asset turnover | 0.07 | 0.08 | 0.08 | 0.07 | 0.07 | 0.07 | 0.06 | 0.07 | 0.06 | 0.04 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 364d | 228d | 209d | 367d | 254d | 213d | 394d | 261d | 255d | 423d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 28d | 28d | 26d | 32d | 28d | 26d | 31d | 28d | 32d | 33d |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 241.4x | 381.4x | 264.3x | - | - | 626.3x | - | - | - | - |
| P / B | 2.2x | 2.4x | 2.6x | 2.5x | 2.0x | 2.7x | 2.3x | 1.9x | 2.2x | 2.1x |
| P / S | 22.3x | 22.0x | 24.3x | 25.6x | 18.5x | 25.4x | 25.7x | 19.0x | 22.5x | 27.7x |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 11.5% | 11.6% | 12.7% | 19.1% | 13.9% | 16.2% | 24.8% | 21.4% | 23.1% | 65.3% |
| Revenue CAGR (3y) | 18.4% | 15.5% | 17.2% | 35.0% | 23.8% | 27.0% | 41.5% | 39.0% | 40.5% | 70.6% |
| Revenue CAGR (5y) | 30.3% | 27.8% | 29.4% | 49.1% | 34.2% | 46.9% | - | 54.2% | - | - |
| Gross profit growth (YoY) | 13.6% | 12.6% | 14.1% | 24.7% | 15.7% | 20.6% | 32.5% | 27.8% | 29.6% | 53.5% |
| Operating income growth (YoY) | - | - | - | 70.6% | 85.6% | 88.3% | 33.2% | 46.3% | 22.1% | -164.3% |
| Net income growth (YoY) | - | 168.8% | 131.0% | 66.4% | - | - | 51.0% | 61.2% | 47.3% | -122.2% |
| EPS growth (YoY) | - | - | 146.7% | 67.6% | - | - | 52.6% | 62.9% | 49.3% | -231.9% |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 10.1% | - | - | 69.0% | - | - | 855.3% | - | - | -74.4% |
| FCF CAGR (5y) | 50.8% | - | - | 74.3% | - | - | - | - | - | - |
| Book value growth (YoY) | 9.3% | 10.0% | 10.1% | 8.8% | 9.3% | 8.7% | 7.7% | 6.0% | 3.4% | -7.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2026-01-31.
Product / service
$2.92B totalSubscription And Circulation$2.85B · 97.8%
Technology Service$64.00M · 2.2%
Geographic
$2.92B totalUS$2.32B · 79.5%
Non Us$598.00M · 20.5%
Peer comparison
Same SIC group: Services-Prepackaged Software
Comparing Okta against the 5 most active filers in the same SIC group.