secwatch.observer — SEC 8-K summary
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Issuer:     Okta, Inc. (OKTA)
CIK:        0001660134
Form:       8-K
Filed at:   2024-08-28T23:59:59+00:00
Accession:  0001660134-24-000134
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Okta Q2 FY2025 revenue $646M (+16% YoY); first GAAP profitable quarter with net income $29M
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- Revenue $646M (+16% YoY), subscription revenue $632M (+17%)
- GAAP net income $29M (diluted EPS $0.15) vs net loss $111M a year ago
- Non-GAAP operating income $148M (23% margin) vs $59M (11% margin) a year ago
- cRPO $1.995B (+13% YoY), RPO $3.505B (+16% YoY)
- Operating cash flow $86M, free cash flow $78M, up from $53M and $49M respectively

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1660134/000166013424000134/0001660134-24-000134-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1660134/000166013424000134/okta-20240828.htm
  HTML page:      https://secwatch.observer/filing/0001660134-24-000134

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