leadership
confidence high
sentiment neutral
materiality 0.80
Okta Q2 revenue $452M (+43% YoY); COO Kerrest on sabbatical Nov 2022–Oct 2023
Okta, Inc.
- Revenue $452M (+43% YoY); subscription revenue $435M (+44% YoY).
- GAAP net loss $210M ($1.34/diluted share); non-GAAP net loss $16M ($0.10/share).
- RPO $2.79B (+25%), cRPO $1.5B (+36%), calculated billings $491M (+36%).
- Co-founder & COO J. Frederic Kerrest takes sabbatical Nov 1 2022 – Oct 31 2023; no salary, equity vesting tolled.