secwatch.observer — SEC 8-K summary
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Issuer:     Okta, Inc. (OKTA)
CIK:        0001660134
Form:       8-K
Filed at:   2022-06-02T23:59:59+00:00
Accession:  0001660134-22-000025
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Okta Q1 FY2023 revenue $415M (+65%); GAAP net loss widens to $1.56/share
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- Revenue $415M (+65% YoY); subscription revenue $398M (+66%); Okta standalone growth 39% excluding $66M Auth0.
- RPO $2.71B (+43% YoY); cRPO $1.41B (+57% YoY).
- GAAP operating loss $240M (58% revenue) vs $91M; non-GAAP operating loss $41M (10%).
- GAAP net loss $1.56 per diluted share vs $0.83; non-GAAP net loss $0.27 vs $0.10.
- Cash from ops $19M, free cash flow $11M; cash, equivalents & short-term investments $2.49B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1660134/000166013422000025/0001660134-22-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1660134/000166013422000025/okta-20220602.htm
  HTML page:      https://secwatch.observer/filing/0001660134-22-000025

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer