NASDAQ : OKTA
Okta, Inc. — Financial statements
Technology · Software - Infrastructure · United States
Last price 221.86 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 38.79B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Okta, Inc. (OKTA) reported revenue of 3.07B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 3.07B | 2.92B | 2.61B | 2.26B | 1.86B | 1.30B |
| Cost of Revenue | 672.00M | 661.00M | 618.00M | 581.00M | 546.00M | 396.00M |
| Gross Profit | 2.40B | 2.26B | 1.99B | 1.68B | 1.31B | 904.00M |
| Selling, General & Admin | 1.51B | 1.47B | 1.41B | 1.49B | 1.48B | 1.20B |
| Research & Development | 651.00M | 639.00M | 642.00M | 656.00M | 620.00M | 469.00M |
| Operating Expenses | 2.17B | 2.10B | 2.06B | 2.14B | 2.10B | 1.67B |
| Operating Income | 236.00M | 153.00M | -63.00M | -460.00M | -783.00M | -768.00M |
| Interest Expense | -3.00M | -4.00M | -5.00M | -8.00M | -11.00M | -91.00M |
| Interest & Investment Income | 95.00M | 110.00M | 106.00M | 81.00M | 22.00M | 1.00M |
| EBT Excluding Unusual Items | 328.00M | 259.00M | 38.00M | -387.00M | -772.00M | -858.00M |
| Merger & Restructuring Charges | -4.00M | -4.00M | -11.00M | -56.00M | -29.00M | |
| Gain (Loss) on Sale of Investments | 8.00M | |||||
| Other Unusual Items | 19.00M | 106.00M | ||||
| Pretax Income | 324.00M | 255.00M | 46.00M | -337.00M | -801.00M | -850.00M |
| Income Tax Expense | 28.00M | 20.00M | 18.00M | 18.00M | 14.00M | -2.00M |
| Net Income | 296.00M | 235.00M | 28.00M | -355.00M | -815.00M | -848.00M |
| Net Income to Common | 296.00M | 235.00M | 28.00M | -355.00M | -815.00M | -848.00M |
| Shares Outstanding (Basic) | 176.07M | 175.88M | 169.57M | 163.63M | 158.02M | 148.04M |
| Shares Outstanding (Diluted) | 186.01M | 187.57M | 185.51M | 163.63M | 158.02M | 148.04M |
| EPS (Basic) | 1.68 | 1.34 | 0.17 | -2.17 | -5.16 | -5.73 |
| EPS (Diluted) | 1.64 | 1.31 | 0.05 | -2.17 | -5.16 | -5.73 |
| Free Cash Flow | 979.00M | 875.00M | 742.00M | 504.00M | 74.00M | 91.00M |
| Free Cash Flow Per Share | 5.26 | 4.67 | 4.00 | 3.08 | 0.47 | 0.61 |
| Gross Margin | 78.13% | 77.35% | 76.32% | 74.33% | 70.61% | 69.54% |
| Operating Margin | 7.68% | 5.24% | -2.41% | -20.33% | -42.14% | -59.08% |
| Profit Margin | 9.63% | 8.05% | 1.07% | -15.69% | -43.86% | -65.23% |
| Free Cash Flow Margin | 31.86% | 29.98% | 28.43% | 22.27% | 3.98% | 7.00% |
| EBITDA | 321.00M | 249.00M | 35.00M | -361.00M | -669.00M | -660.00M |
| EBITDA Margin | 10.45% | 8.53% | 1.34% | -15.95% | -36.01% | -50.77% |
| D&A For EBITDA | 85.00M | 96.00M | 98.00M | 99.00M | 114.00M | 108.00M |
| EBIT | 236.00M | 153.00M | -63.00M | -460.00M | -783.00M | -768.00M |
| EBIT Margin | 7.68% | 5.24% | -2.41% | -20.33% | -42.14% | -59.08% |
| Effective Tax Rate | 8.64% | 7.84% | 39.13% | |||
| Revenue as Reported | 3.07B | 2.92B | 2.61B | 2.26B | 1.86B | 1.30B |
| Advertising Expenses | 83.00M | 68.00M | 65.00M | 77.00M | 79.00M |
Balance sheet
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 763.00M | 858.00M | 409.00M | 334.00M | 264.00M | 260.00M |
| Short-Term Investments | 1.54B | 1.70B | 2.11B | 1.87B | 2.32B | 2.24B |
| Cash & Short-Term Investments | 2.30B | 2.55B | 2.52B | 2.20B | 2.58B | 2.50B |
| Accounts Receivable | 469.00M | 687.00M | 621.00M | 559.00M | 481.00M | 398.00M |
| Other Receivables | 19.00M | 24.00M | 24.00M | 20.00M | 10.00M | 6.00M |
| Receivables | 488.00M | 711.00M | 645.00M | 579.00M | 491.00M | 404.00M |
| Prepaid Expenses | 129.00M | 208.00M | 107.00M | 84.00M | 66.00M | 55.00M |
| Restricted Cash | 1.00M | 1.00M | 2.00M | 5.00M | ||
| Other Current Assets | 173.00M | 171.00M | 140.00M | 113.00M | 92.00M | 75.00M |
| Total Current Assets | 3.09B | 3.64B | 3.42B | 2.98B | 3.23B | 3.04B |
| Property, Plant & Equipment | 86.00M | 103.00M | 117.00M | 131.00M | 181.00M | 213.00M |
| Long-Term Investments | 33.00M | 30.00M | 26.00M | 25.00M | 15.00M | |
| Goodwill | 5.49B | 5.49B | 5.45B | 5.41B | 5.40B | 5.40B |
| Other Intangible Assets | 80.00M | 91.00M | 138.00M | 182.00M | 241.00M | 317.00M |
| Long-Term Deferred Charges | 331.00M | 332.00M | 267.00M | 242.00M | 210.00M | 191.00M |
| Other Long-Term Assets | 65.00M | 20.00M | 21.00M | 22.00M | 21.00M | 28.00M |
| Total Assets | 9.14B | 9.71B | 9.44B | 8.99B | 9.31B | 9.21B |
| Accounts Payable | 10.00M | 12.00M | 13.00M | 12.00M | 12.00M | 20.00M |
| Accrued Expenses | 264.00M | 284.00M | 299.00M | 258.00M | 151.00M | 192.00M |
| Current Portion of Long-Term Debt | 350.00M | 509.00M | 16.00M | |||
| Current Portion of Leases | 29.00M | 32.00M | 27.00M | |||
| Current Income Taxes Payable | 5.00M | 7.00M | ||||
| Current Unearned Revenue | 1.75B | 1.88B | 1.69B | 1.49B | 1.24B | 973.00M |
| Other Current Liabilities | 4.00M | 11.00M | 24.00M | 23.00M | 8.00M | |
| Total Current Liabilities | 2.02B | 2.55B | 2.52B | 1.78B | 1.47B | 1.24B |
| Long-Term Debt | 349.00M | 1.15B | 2.19B | 1.82B | ||
| Long-Term Leases | 53.00M | 72.00M | 94.00M | 112.00M | 142.00M | 171.00M |
| Long-Term Unearned Revenue | 30.00M | 30.00M | 27.00M | 23.00M | 18.00M | 23.00M |
| Long-Term Deferred Tax Liabilities | 12.00M | 9.00M | ||||
| Other Long-Term Liabilities | 57.00M | 55.00M | 39.00M | 30.00M | 11.00M | 22.00M |
| Total Liabilities | 2.17B | 2.71B | 3.03B | 3.10B | 3.84B | 3.28B |
| Additional Paid-In Capital | 9.35B | 9.55B | 9.22B | 8.72B | 7.97B | 7.75B |
| Retained Earnings | -2.38B | -2.57B | -2.80B | -2.83B | -2.48B | -1.82B |
| Comprehensive Income & Other | 2.00M | 13.00M | -12.00M | -6.00M | -33.00M | -12.00M |
| Total Common Equity | 6.97B | 7.00B | 6.41B | 5.89B | 5.47B | 5.92B |
| Shareholders' Equity | 6.97B | 7.00B | 6.41B | 5.89B | 5.47B | 5.92B |
| Total Liabilities & Equity | 9.14B | 9.71B | 9.44B | 8.99B | 9.31B | 9.21B |
| Total Debt | 53.00M | 451.00M | 952.00M | 1.27B | 2.37B | 2.03B |
| Net Cash (Debt) | 2.25B | 2.10B | 1.57B | 936.00M | 213.00M | 472.00M |
| Net Cash Per Share | 12.07 | 11.21 | 8.47 | 5.72 | 1.35 | 3.19 |
| Filing Date Shares Outstanding | 174.82M | 176.89M | 173.60M | 167.40M | 161.29M | 156.70M |
| Total Common Shares Outstanding | 174.82M | 177.36M | 173.46M | 167.13M | 161.31M | 156.60M |
| Working Capital | 1.06B | 1.09B | 893.00M | 1.20B | 1.76B | 1.80B |
| Book Value Per Share | 39.89 | 39.46 | 36.93 | 35.23 | 33.89 | 37.82 |
| Tangible Book Value | 1.41B | 1.42B | 819.00M | 300.00M | -175.00M | 204.00M |
| Tangible Book Value Per Share | 8.04 | 8.01 | 4.72 | 1.80 | -1.08 | 1.30 |
| Machinery | 18.00M | 15.00M | 18.00M | 19.00M | 18.00M | |
| Leasehold Improvements | 90.00M | 84.00M | 92.00M | 88.00M | 82.00M |
Cash flow statement
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 296.00M | 235.00M | 28.00M | -355.00M | -815.00M | -848.00M |
| Depreciation & Amortization | 85.00M | 96.00M | 98.00M | 99.00M | 114.00M | 108.00M |
| Other Amortization | 177.00M | 161.00M | 130.00M | 104.00M | 84.00M | 143.00M |
| Asset Writedown & Restructuring Costs | 28.00M | 14.00M | ||||
| Loss (Gain) From Sale of Investments | -8.00M | |||||
| Stock-Based Compensation | 503.00M | 544.00M | 565.00M | 684.00M | 677.00M | 566.00M |
| Other Operating Activities | 18.00M | 21.00M | -18.00M | -102.00M | 19.00M | 3.00M |
| Change in Accounts Receivable | -54.00M | -70.00M | -63.00M | -79.00M | -87.00M | -175.00M |
| Change in Accounts Payable | -1.00M | -2.00M | 1.00M | -6.00M | 7.00M | |
| Change in Unearned Revenue | 206.00M | 187.00M | 207.00M | 250.00M | 264.00M | 416.00M |
| Change in Other Net Operating Assets | -243.00M | -288.00M | -198.00M | -117.00M | -178.00M | -108.00M |
| Operating Cash Flow | 987.00M | 884.00M | 750.00M | 512.00M | 86.00M | 104.00M |
| Capital Expenditures | -8.00M | -9.00M | -8.00M | -8.00M | -12.00M | -13.00M |
| Cash Acquisitions | -53.00M | -56.00M | -56.00M | -22.00M | -4.00M | -215.00M |
| Sale (Purchase) of Intangibles | -20.00M | -12.00M | -12.00M | -16.00M | -11.00M | -4.00M |
| Investment in Securities | 427.00M | 348.00M | -238.00M | 487.00M | -103.00M | -135.00M |
| Investing Cash Flow | 346.00M | 271.00M | -314.00M | 441.00M | -130.00M | -367.00M |
| Long-Term Debt Repaid | -510.00M | -280.00M | -937.00M | |||
| Net Debt Issued (Repaid) | -860.00M | -510.00M | -280.00M | -937.00M | ||
| Issuance of Common Stock | 48.00M | 53.00M | 69.00M | 61.00M | 48.00M | 89.00M |
| Repurchase of Common Stock | -635.00M | -265.00M | -148.00M | |||
| Other Financing Activities | 2.00M | -7.00M | ||||
| Financing Cash Flow | -1.45B | -720.00M | -359.00M | -883.00M | 48.00M | 89.00M |
| Foreign Exchange Rate Adjustments | -1.00M | 14.00M | -4.00M | 1.00M | -6.00M | -2.00M |
| Net Cash Flow | -115.00M | 449.00M | 73.00M | 71.00M | -2.00M | -176.00M |
| Free Cash Flow | 979.00M | 875.00M | 742.00M | 504.00M | 74.00M | 91.00M |
| Free Cash Flow Margin | 31.86% | 29.98% | 28.43% | 22.27% | 3.98% | 7.00% |
| Free Cash Flow Per Share | 5.26 | 4.67 | 4.00 | 3.08 | 0.47 | 0.61 |
| Levered Free Cash Flow | 1.04B | 836.12M | 847.50M | 790.50M | 478.75M | 601.97M |
| Unlevered Free Cash Flow | 1.04B | 838.62M | 850.62M | 795.50M | 485.62M | 572.85M |
| Cash Interest Paid | 6.00M | 6.00M | ||||
| Cash Income Tax Paid | 10.00M | 10.00M | 17.00M | 13.00M | 8.00M | 3.00M |
| Change in Working Capital | -92.00M | -173.00M | -53.00M | 54.00M | -7.00M | 140.00M |
Ratios
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 36.40B | 14.97B | 16.15B | 13.67B | 11.79B | 30.78B |
| Enterprise Value | 34.16B | 12.93B | 14.86B | 12.96B | 11.70B | 30.32B |
| Last Close Price | 208.24 | 84.48 | 94.22 | 82.65 | 73.61 | 197.89 |
| PE Ratio | 126.70 | 63.71 | 576.61 | |||
| Forward PE | 51.05 | 23.88 | 32.75 | 43.78 | 287.06 | |
| PS Ratio | 11.85 | 5.13 | 6.19 | 6.04 | 6.35 | 23.68 |
| PB Ratio | 5.22 | 2.14 | 2.52 | 2.32 | 2.16 | 5.20 |
| P/TBV Ratio | 25.89 | 10.54 | 19.71 | 45.55 | 150.88 | |
| P/FCF Ratio | 37.19 | 17.11 | 21.76 | 27.11 | 159.34 | 338.25 |
| P/OCF Ratio | 36.88 | 16.94 | 21.53 | 26.69 | 137.11 | 295.97 |
| PEG Ratio | 2.88 | 1.39 | 1.34 | 1.23 | 11.50 | 260.00 |
| EV/Sales Ratio | 11.12 | 4.43 | 5.69 | 5.72 | 6.30 | 23.32 |
| EV/EBITDA Ratio | 106.41 | 51.94 | 424.49 | |||
| EV/EBIT Ratio | 144.74 | 84.53 | ||||
| EV/FCF Ratio | 34.89 | 14.78 | 20.02 | 25.71 | 158.08 | 333.14 |
| Debt / Equity Ratio | 0.01 | 0.06 | 0.15 | 0.21 | 0.43 | 0.34 |
| Debt / EBITDA Ratio | 0.15 | 1.63 | 14.42 | |||
| Debt / FCF Ratio | 0.05 | 0.52 | 1.28 | 2.51 | 31.99 | 22.31 |
| Net Debt / Equity Ratio | -0.32 | -0.30 | -0.24 | -0.16 | -0.04 | -0.08 |
| Net Debt / EBITDA Ratio | -7.00 | -8.44 | -44.89 | 2.59 | 0.32 | 0.71 |
| Net Debt / FCF Ratio | -2.29 | -2.40 | -2.12 | -1.86 | -2.88 | -5.19 |
| Asset Turnover | 0.33 | 0.30 | 0.28 | 0.25 | 0.20 | 0.21 |
| Quick Ratio | 1.38 | 1.28 | 1.26 | 1.56 | 2.10 | 2.34 |
| Current Ratio | 1.52 | 1.43 | 1.35 | 1.67 | 2.20 | 2.45 |
| Return on Equity (ROE) | 4.31% | 3.51% | 0.46% | -6.25% | -14.31% | -25.64% |
| Return on Assets (ROA) | 1.58% | 1.00% | -0.43% | -3.14% | -5.29% | -7.68% |
| Return on Invested Capital (ROIC) | 4.56% | 2.90% | -0.78% | -9.01% | -14.63% | -14.09% |
| Return on Capital Employed (ROCE) | 3.30% | 2.10% | -0.90% | -6.40% | -10.00% | -9.60% |
| Earnings Yield | 0.79% | 1.57% | 0.17% | -2.60% | -6.91% | -2.76% |
| FCF Yield | 2.69% | 5.84% | 4.60% | 3.69% | 0.63% | 0.30% |
| Buyback Yield / Dilution | 3.21% | -1.11% | -13.37% | -3.55% | -6.75% | -16.37% |