Okta Q2 FY22 revenue $316M (+57% YoY); RPO $2.24B; GAAP net loss $277M

Okta, Inc.

2022-Q2 EPS reported -$2.72 revenue$566,506,000

Total revenue $316M (+57% YoY); subscription $303M (+59%). Okta standalone (ex-Auth0) revenue +39%.
RPO $2.24B (+57% YoY); current RPO $1.10B (+60%). Calculated billings $362M (+83%).
GAAP operating loss $263M (83% of revenue) vs $45M loss; non-GAAP operating loss $25M.
GAAP net loss $277M ($1.83/share) includes $150M from Auth0. Non-GAAP net loss $16M ($0.11 loss).
Company raises FY22 revenue and operating profit outlook. Cash and equivalents $2.47B.

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