Okta Q3 FY2022 revenue $351M (+61% YoY); raises FY2022 guidance

Okta, Inc.

2022-Q3 EPS reported -$4.17 revenue$917,186,000

Total revenue $351M (+61% YoY), subscription $337M (+63% YoY); Okta standalone (ex-Auth0) grew 40%.
RPO $2.35B (+49% YoY); current RPO $1.18B (+57% YoY). Calculated billings $389M (+54% YoY).
GAAP operating loss $199M vs $-52M last year; Non-GAAP op loss $10M vs $6M income.
GAAP net loss $1.44/share vs $-0.56; Non-GAAP net loss $0.07/share vs $0.04 income. Includes $0.78/share from Auth0.
Raises FY2022 revenue and operating profit outlook; Okta and Auth0 named Leaders in Gartner Access Management MQ.

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