okta: the balance sheet

MyFinsight

For the quarter ending 2025-07-31, OKTA has $9,550M in assets. $2,796M in debts. $876M in cash and cash equivalents.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-07-31	2025-04-30	2024-10-31	2024-07-31
Short-term investments	1,982	2,231	1,938	1,843
Prepaid expenses and other current assets	141	150	165	181
Cash and cash equivalents	876	494	310	515
Deferred commissions	150	145	127	122
Accounts receivable, net of allowances of 8 and 4, respectively	417	345	463	377
Total current assets	3,566	3,365	3,003	3,038
Property and equipment, net	39	41	46	47
Other assets	57	53	53	54
Operating lease right-of-use assets	68	73	79	82
Intangible assets, net	104	120	151	168
Goodwill	5,448	5,448	5,448	5,448
Deferred commissions, noncurrent	268	265	230	230
Total assets	9,550	9,365	9,010	9,067

Accrued expenses and other current liabilities	90	96	151	142
Accrued compensation	136	117	147	113
Convertible senior notes, net	859	509	509	-
Deferred revenue	1,550	1,562	1,415	1,394
Accounts payable	12	12	12	11
Total current liabilities	2,647	2,296	2,234	1,660
Other liabilities, noncurrent	44	44	35	33
Operating lease liabilities, noncurrent	81	89	102	107
Convertible senior notes, net, noncurrent	0	349	349	1,113
Deferred revenue, noncurrent	24	20	25	21
Total liabilities	2,796	2,798	2,745	2,934
Accumulated deficit	-2,673	-2,740	-2,825	-2,841
Common stock-Common Class B	0	0	0	0
Common stock-Common Class A	0	0	0	0
Additional paid-in capital	9,426	9,302	9,093	8,981
Accumulated other comprehensive income (loss)	1	5	-3	-7
Total stockholders equity	6,754	6,567	6,265	6,133
Total liabilities and stockholders' equity	9,550	9,365	9,010	9,067