secwatch.observer — SEC 8-K summary
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Issuer:     Okta, Inc. (OKTA)
CIK:        0001660134
Form:       8-K
Filed at:   2024-12-03T23:59:59+00:00
Accession:  0001660134-24-000165
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Okta Q3 FY2025 revenue $665M (+14% YoY); turns GAAP net profitable $16M vs loss $81M
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- Revenue $665M (+14% YoY); subscription revenue $651M (+14%). cRPO $2.062B (+13%), RPO $3.659B (+19%).
- GAAP net income $16M ($0.09 basic EPS) vs net loss $81M ($0.49 loss) a year ago; non-GAAP net income $121M ($0.67 diluted EPS).
- Non-GAAP operating income $138M (21% margin) vs $85M (15%) last year; operating cash flow $159M, free cash flow $154M.
- Repurchased $42M of 2025 notes and $215M of 2026 notes; gain on early extinguishment of debt of $16M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1660134/000166013424000165/0001660134-24-000165-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1660134/000166013424000165/okta-20241203.htm
  HTML page:      https://secwatch.observer/filing/0001660134-24-000165

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