---
schema_version: "secwatch.filing_event.v1"
accession: "0001660134-24-000019"
form_type: "8-K"
ticker: "OKTA"
cik: "0001660134"
company_name: "Okta, Inc."
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T08:59:45.966775+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001660134-24-000019
- form_type: 8-K
- ticker: OKTA
- cik: 0001660134
- company_name: Okta, Inc.
- filed_at: 2024-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1660134/000166013424000019/0001660134-24-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1660134/000166013424000019/okta-20240228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001660134-24-000019
- JSON: https://secwatch.observer/filing/0001660134-24-000019.json
- Plain text: https://secwatch.observer/filing/0001660134-24-000019.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1660134/000166013424000019/0001660134-24-000019-index.htm
- Earnings Releases
  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
  source text: Full Year Fiscal 2024 Financial Highlights: • Revenue: Total revenue was $2.263 billion
  evidence_url: https://www.sec.gov/Archives/edgar/data/1660134/000166013424000019/0001660134-24-000019-index.htm

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