{"schema_version":"secwatch.filing_event.v1","accession":"0001660134-23-000044","form_type":"8-K","ticker":"OKTA","cik":"0001660134","company_name":"Okta, Inc.","filed_at":"2023-08-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.753592+00:00","generated_at":"2026-06-11T02:00:20.667153+00:00","sec_items":["2.02","5.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Okta Q2 FY2024 revenue $556M (+23% YoY); co-founder COO not returning from sabbatical","bullets":["Revenue $556M (+23% YoY); subscription $542M (+24%); cRPO $1.77B (+18%).","GAAP op. loss $162M (29% rev) vs $208M (46%); non-GAAP op. income $59M (11%) vs loss $15M.","GAAP net loss $111M ($0.68/sh) vs $210M ($1.34); non-GAAP net income $56M ($0.31 diluted).","Operating cash flow $53M vs negative $19M; free cash flow $49M vs negative $24M.","Co-founder and COO Kerrest will not return from sabbatical after Oct 31; remains Board Vice Chairman."],"urls":{"canonical":"https://secwatch.observer/filing/0001660134-23-000044","json":"https://secwatch.observer/filing/0001660134-23-000044.json","markdown":"https://secwatch.observer/filing/0001660134-23-000044.md","text":"https://secwatch.observer/filing/0001660134-23-000044.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1660134/000166013423000044/0001660134-23-000044-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1660134/000166013423000044/okta-20230824.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T02:00:20.667153+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"98c404bb86abc8bf3ac3fa3c0fa6ed31350a77f4","claim":"Okta, Inc. reported the second quarter ended July 31, 2023 results: revenue $556 million, net income GAAP net loss was $111 million, EPS GAAP net loss per share was $0.68.","evidence_excerpt":"innovation for our customers, while delivering non-GAAP profitable growth to our shareholders.” Second Quarter Fiscal 2024 Financial Highlights: • Revenue: Total revenue was $556 million , an increase of 23% year-over-year. Subscription revenue was $542 million, an increase of 24% year-over-year. • RPO: RPO, or subscription backlog, was $3.03 billion, an increase","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1660134/000166013423000044/0001660134-23-000044-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter ended July 31, 2023"},{"label":"Revenue","value":"$556 million"},{"label":"Net income","value":"GAAP net loss was $111 million"},{"label":"EPS","value":"GAAP net loss per share was $0.68"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"2085bcaf81","claim":"J. Frederic Kerrest changed role as Chief Operating Officer at Okta, Inc..","evidence_excerpt":"On August 24, 2023, J. Frederic Kerrest, the Company’s Executive Vice Chairman, Chief Operating Officer and Co-founder, notified the Company that he will not return as an employee from his current sabbatical, which ends on October 31, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1660134/000166013423000044/0001660134-23-000044-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"will not return as an employee"},{"label":"Role","value":"Chief Operating Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}