Okta Q4 revenue $510M (+33% YoY); non-GAAP operating income $46M; GC Runyan retires, Schwartz succeeds

Okta, Inc.

2023-FY EPS reported -$5.16 revenue$1,858,000,000

Q4 revenue $510M (+33% YoY); subscription revenue $495M (+34% YoY).
cRPO $1.68B (+25% YoY); total RPO $3.01B (+12% YoY).
GAAP operating loss $157M (31% of revenue); non-GAAP operating income $46M (9% of revenue).
Record operating cash flow $76M; free cash flow $72M.
GC Jonathan Runyan retires March 3; succeeded by Larissa Schwartz, previously SVP Deputy GC.

item 2.02 item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Jonathan Runyan

General Counsel and Corporate Secretary

OKTA · Okta, Inc.

Effective: 2023-03-03
Successor: Larissa Schwartz
Filed: March 1, 2023, 6:59 PM ET

On March 1, 2023, the Company announced that Jonathan Runyan is retiring from the role of General Counsel and Corporate Secretary effective as of March 3, 2023

Appointed

Larissa Schwartz

Chief Legal Officer and Corporate Secretary

OKTA · Okta, Inc.

Effective: 2023-03-03
Filed: March 1, 2023, 6:59 PM ET

The Company also announced that Larissa Schwartz, age 51, will succeed Mr. Runyan and become the Company’s new Chief Legal Officer and Corporate Secretary on March 3, 2023

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Okta, Inc. reported the fourth quarter ended January 31, 2023 results: revenue $510 million, net income $153 million, EPS $0.95.

Period: the fourth quarter ended January 31, 2023
Revenue: $510 million
Net income: $153 million
EPS: $0.95
Result: reported results

Exact text from the filing

Fourth Quarter Fiscal 2023 Financial Highlights: • Revenue : Total revenue was $510 million , an increase of 33% year-over-year.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Okta, Inc. reported the fiscal year ended January 31, 2023 results: revenue $1.86 billion, net income $815 million, EPS $5.16.

Period: the fiscal year ended January 31, 2023
Revenue: $1.86 billion
Net income: $815 million
EPS: $5.16
Result: reported results

Exact text from the filing

Full Year Fiscal 2023 Financial Highlights: • Revenue: Total revenue was $1.86 billion, an increase of 43% year-over-year.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jonathan Runyan departed as General Counsel and Corporate Secretary at Okta, Inc..

Action: retiring
Role: General Counsel and Corporate Secretary

Exact text from the filing

On March 1, 2023, the Company announced that Jonathan Runyan is retiring from the role of General Counsel and Corporate Secretary effective as of March 3, 2023

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Larissa Schwartz was appointed as Chief Legal Officer and Corporate Secretary at Okta, Inc..

Action: appointed
Role: Chief Legal Officer and Corporate Secretary

Exact text from the filing

The Company also announced that Larissa Schwartz, age 51, will succeed Mr. Runyan and become the Company’s new Chief Legal Officer and Corporate Secretary on March 3, 2023

View on SEC.gov

168 earnings releases filed in the last 30 days. Browse all earnings releases →

Okta, Inc. filing history →

Source: SEC EDGAR

accession 0001660134-23-000009

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