earnings
confidence high
sentiment positive
materiality 0.70
Okta Q3 FY2026: Revenue $742M (+12% YoY); GAAP net income $43M; Non-GAAP EPS $0.82
Okta, Inc.
2026-Q3 EPS reported
$0.96
revenue$2,158,000,000
- Subscription revenue $724M (+11% YoY); RPO $4.292B (+17%); cRPO $2.328B (+13%).
- GAAP operating income $23M (3% margin) vs. loss of $16M a year ago; Non-GAAP operating income $178M (24% margin).
- Operating cash flow $218M (29% of revenue); Free cash flow $211M (28% of revenue), up from $154M.
- Settled remaining 2025 Notes principal for $510M cash during the quarter.
- CEO highlighted strength with large customers, Okta Identity Governance adoption, and Auth0 for AI Agents launch.