secwatch / observer
8-K filed May 28, 2026, 4:03 PM ET ticker OKTA CIK 0001660134
earnings confidence high sentiment positive materiality 0.75

Okta Q1 FY2027 rev $765M (+11% YoY); GAAP net income $74M; free cash flow $271M

Okta, Inc.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Okta, Inc. reported fiscal quarter ended April 30, 2026 results: revenue $765 million, net income $74 million, EPS $0.42.

Period
fiscal quarter ended April 30, 2026
Revenue
$765 million
Net income
$74 million
EPS
$0.42
Result
reported results
Exact text from the filing
Revenue: Total revenue was $765 million , an increase of 11% year-over-year. Subscription revenue was $750 million, an increase of 11% year-over-year. • RPO: RPO, or subscription backlog, was $4.719 billion, an increase of 16% year-over-year. cRPO, which represents subscription backlog expected to be recognized over the next 12 months, was $2.499 billion, up 12% compared to the first quarter of fiscal 2026. • GAAP Operating Income: GAAP operating income was $56 million , or 7% of total revenue, compared to GAAP operating income of $39 million , or 6% of total revenue, in the first quarter of fiscal 2026. • Non-GAAP Operating Income: Non-GAAP operating income was $191 million, or 25% of total revenue, compared to a non-GAAP operating income of $184 million, or 27% of total revenue, in the first quarter of fiscal 2026. • GAAP Net Income: GAAP net income was $74 million, compared to GAAP net income of $62 million in the first quarter of fiscal 2026. GAAP basic and diluted net income per s
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Okta, Inc. filing history →

Source: SEC EDGAR
accession 0001660134-26-000050
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