---
schema_version: "secwatch.filing_event.v1"
accession: "0001660134-23-000065"
form_type: "8-K"
ticker: "OKTA"
cik: "0001660134"
company_name: "Okta, Inc."
filed_at: "2023-11-29T23:59:59+00:00"
generated_at: "2026-06-07T20:19:30.652087+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Okta discloses wider data exposure in Oct breach; Q3 revenue $584M (+21% YoY)

## Summary
- Security incident update: threat actor downloaded all customer support users' names and emails, excluding FedRamp/DoD; Okta warns of increased phishing risk.
- Q3 total revenue $584M (+21% YoY); subscription revenue $569M (+22% YoY).
- cRPO $1.83B (+16% YoY); record non-GAAP operating income $85M (15% of revenue).
- Record operating cash flow $156M and free cash flow $150M (26% of revenue).
- GAAP net loss $81M ($0.49 loss per share); non-GAAP net income $79M ($0.44 diluted EPS).

## SEC filing metadata
- accession: 0001660134-23-000065
- form_type: 8-K
- ticker: OKTA
- cik: 0001660134
- company_name: Okta, Inc.
- filed_at: 2023-11-29T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1660134/000166013423000065/0001660134-23-000065-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1660134/000166013423000065/okta-20231129.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001660134-23-000065
- JSON: https://secwatch.observer/filing/0001660134-23-000065.json
- Plain text: https://secwatch.observer/filing/0001660134-23-000065.txt

## Key facts
- Earnings Releases
  Okta, Inc. reported third quarter ended October 31, 2023 results: revenue $584 million, net income GAAP net loss was $81 million, compared to a GAAP net loss of $209 million in the third quarter of fiscal 2023. GAAP net, EPS GAAP net loss per share was $0.49.
  - Period: third quarter ended October 31, 2023
  - Revenue: $584 million
  - Net income: GAAP net loss was $81 million, compared to a GAAP net loss of $209 million in the third quarter of fiscal 2023. GAAP net
  - EPS: GAAP net loss per share was $0.49
  - Result: reported results
  source text: around the world put their trust in Okta and we are thankful for their continued partnership." Third Quarter Fiscal 2024 Financial Highlights: • Revenue: Total revenue was $584 million , an increase of 21% year-over-year. Subscription revenue was $569 million, an increase of 22% year-over-year. • RPO: RPO, or subscription backlog, was $3.07 billion, an increase
  evidence_url: https://www.sec.gov/Archives/edgar/data/1660134/000166013423000065/0001660134-23-000065-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
