Financial insights of OKTA

MyFinsight

For the year ending 2026-01-31, OKTA made $2,919M in revenue. $235M in net income. Net profit margin of 8.05%.

Income Statement	2026-01-31	2025-01-31	2024-01-31	2023-01-31
Total revenue	2,919	2,610	2,263	1,858
Subscription And Circulation	578	549	502	464
Technology Service	83	69	79	82
Total cost of revenue	661	618	581	546
Gross profit	2,258	1,992	1,682	1,312
Research and development	639	642	656	620
Sales and marketing	1,018	965	1,036	1,066
General and administrative	448	448	450	409
Restructuring and other charges	4	11	56	29
Total operating expenses	2,109	2,066	2,198	2,124
Operating income (loss)	149	-74	-516	-812
Interest expense	4	5	8	11
Interest income and other, net	110	106	81	22
Gain on early extinguishment of debt	0	19	106	0
Interest and other, net	-106	-120	-179	-11
Income (loss) before provision for income taxes	255	46	-337	-801
U.s. federal statutory tax rate	54	-	-	-
State and local income taxes, net of federal (national) income tax effect	1	-	-	-
Share based payment awards-AU	3	-	-	-
Effect of foreign operations-GB	3	-	-	-
Effect of foreign operations-Foreign Tax Jurisdiction Other	4	-	-	-
Foreign derived intangible income deduction	3	-	-	-
Research and development tax credits	24	-	-	-
Changes in valuation allowances	-51	-	-	-
Share base payment awards	4	-	-	-
Nondeductible officer compensation	17	-	-	-
Other	4	-	-	-
Changes in unrecognized tax benefits	8	-	-	-
Other adjustments	0	-	-	-
Provision for income taxes	20	18	18	14
Net income (loss)	235	28	-355	-815

Basic EPS	1.33	0.16	-2.17	-5.16
Diluted EPS	1.31	0.06	-2.17	-5.16
Basic Average Shares	175,882,000	169,569,000	163,634,000	158,023,000
Diluted Average Shares	179,290,000	175,086,000	163,634,000	158,023,000