secwatch.observer — SEC 8-K summary
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Issuer:     Okta, Inc. (OKTA)
CIK:        0001660134
Form:       8-K
Filed at:   2023-03-01T23:59:59+00:00
Accession:  0001660134-23-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1660134/000166013423000009/0001660134-23-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1660134/000166013423000009/okta-20230227.htm
  HTML page:      https://secwatch.observer/filing/0001660134-23-000009

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