Okta Q4 revenue $605M (+19% YoY); record non-GAAP profit and cash flow

Okta, Inc.

2024-FY EPS reported -$2.17 revenue$2,263,000,000

Q4 total revenue $605M (+19% YoY), subscription revenue $591M (+20% YoY).
Non-GAAP operating income $129M (21% margin) vs $46M (9% margin) a year ago.
cRPO $1.952B, up 16% YoY; GAAP net loss per share $0.26 improved from $0.95.
Record Q4 operating cash flow $174M (29% of revenue) and free cash flow $166M (28%).
Repurchased $150M principal of convertible notes due 2026; cash and equivalents $2.202B.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Okta, Inc. reported the fiscal quarter and year ended January 31, 2024 results: revenue Total revenue was $2.263 billion, net income GAAP net loss was $355 million, EPS GAAP net loss per share was $2.17.

Period: the fiscal quarter and year ended January 31, 2024
Revenue: Total revenue was $2.263 billion
Net income: GAAP net loss was $355 million
EPS: GAAP net loss per share was $2.17
Result: reported results

Exact text from the filing

security as the foundation, to better serve our customers and power even more identity use cases.” Fourth Quarter Fiscal 2024 Financial Highlights: • Revenue: Total revenue was $605 million , an increase of 19% year-over-year. Subscription revenue was $591 million, an increase of 20% year-over-year. • RPO: RPO, or subscription backlog, was $3.385 billion, an

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Period: the fiscal quarter and year ended January 31, 2024
Revenue: Total revenue was $2.263 billion
Net income: GAAP net loss was $355 million
EPS: GAAP net loss per share was $2.17
Result: reported results

Exact text from the filing

Full Year Fiscal 2024 Financial Highlights: • Revenue: Total revenue was $2.263 billion

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Okta, Inc. filing history →

Source: SEC EDGAR

accession 0001660134-24-000019

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