secwatch.observer — SEC 8-K summary
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Issuer:     Okta, Inc. (OKTA)
CIK:        0001660134
Form:       8-K
Filed at:   2024-05-29T23:59:59+00:00
Accession:  0001660134-24-000085
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Okta Q1 FY25 revenue $617M (+19% YoY); non-GAAP op income $133M (22% margin)
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- Revenue $617M (+19% YoY); subscription revenue $603M (+20% YoY).
- GAAP operating loss narrowed to $47M (8% rev) from $160M (31%); non-GAAP op income $133M (22%) vs $37M (7%).
- Non-GAAP diluted EPS $0.65 vs $0.22 YoY; GAAP net loss $0.24/share vs $0.74.
- Record operating cash flow $219M (36% rev) and free cash flow $214M (35% rev).
- cRPO $1.949B, up 15% YoY; total RPO $3.364B, up 14%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1660134/000166013424000085/0001660134-24-000085-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1660134/000166013424000085/okta-20240529.htm
  HTML page:      https://secwatch.observer/filing/0001660134-24-000085

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