Okta, Inc. Class A Common Stock (OKTA) Financials
Key financial figures for Okta, Inc. Class A Common Stock (Q2 2027).
Okta beat Q2 FY2027 estimates with revenue of $805M (+11% YoY) and non-GAAP EPS of $1.05, and raised full-year revenue and profitability guidance. Total revenue $805M, up 11% YoY, above the $792M-$795M analyst consensus; subscription revenue $793M, up 12% YoY. GAAP operating income $107M (13% of revenue) vs $41M a year ago; GAAP net income $116M vs $67M a year ago; GAAP diluted EPS $0.65. Non-GAAP operating income $226M (28% margin); non-GAAP diluted EPS $1.05, beating the $0.92-$0.96 consensus range. Operating cash flow $234M and free cash flow $227M for the quarter. RPO (subscription backlog) grew 17% YoY to $4.858B; current RPO (cRPO) grew 14% YoY to $2.585B. On the outlook: For Q3 FY2027, Okta guides total revenue of $813M-$817M (+10% YoY), current RPO of $2.590B-$2.600B (+11-12% YoY), non-GAAP operating income of $196M-$200M (24-25% margin), non-GAAP diluted EPS of $0.92-$0.94, and non-GAAP free cash flow of $175M-$185M (21-23% margin). For full-year FY2027, Okta raised guidance to total revenue of $3.216B-$3.226B (+10-11% YoY, up from $3.185B-$3.205B), non-GAAP operating income of $830M-$840M (26% margin), non-GAAP diluted EPS of $3.90-$3.94 (up from $3.79-$3.87), and non-GAAP free cash flow of $910M-$930M (28-29% margin, up from $855M-$885M). Guidance continues to absorb roughly a 1 percentage point headwind to revenue growth from shifting professional services to partners, and roughly a 1 percentage point FCF-margin headwind from lower interest income tied to the stock repurchase program and the 2026 Notes cash settlement. Figures are for Q2 FY2027, as Okta, Inc. reported them.
- Revenue
- $805M
- Net Income
- $116M
- EPS
- $0.67
- Total Assets
- $9.1B
- Operating Cash Flow
- $234M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q2 FY2027 | $805M | $116M | $0.65 | 13.29% | $233M |
| Q1 FY2027 | $765M | $74M | $0.42 | 7.32% | $276M |
| Q4 FY2026 | $761M | $63M | $0.35 | 6.57% | $252M |
| Q3 FY2026 | $742M | $43M | $0.24 | 3.1% | $211M |
| Q2 FY2026 | $728M | $67M | $0.37 | 5.63% | $162M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2026 | $2.9B | $235M | $1.31 | 5.24% | $905M |
| FY2025 | $2.6B | $28M | $0.06 | -2.41% | $730M |
| FY2024 | $2.3B | -$355M | -$2.17 | -22.8% | $488M |
Frequently asked questions
What was Okta, Inc.'s revenue last quarter?
Okta, Inc. reported revenue of $805.0 million for Q2 FY2027, up 10.6% from the same period a year earlier.
Is Okta, Inc. profitable?
Yes. Okta, Inc. reported net income of $116.0 million for Q2 FY2027, a net margin of 14.41% on revenue.
How has Okta, Inc.'s margin trended?
Operating margin was 13.29% in Q2 FY2027, compared with 5.63% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Okta, Inc. generate?
Okta, Inc. generated free cash flow of $233.0 million in Q2 FY2027, after capital expenditure.
Full income statement, balance sheet and cash flow for Okta, Inc. Class A Common Stock on SentiSense, with up to forty quarters and twenty fiscal years of history.