Okta, Inc. income statement
In fiscal 2026, Okta, Inc. reported revenue of $2.92bn, up 11.8% on the year before, operating income of $149m (a 5.1% margin) and net income of $235m, or $1.31 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2017Jan 2017 | 2018Jan 2018 | 2019Jan 2019 | 2020Jan 2020 | 2021Jan 2021 | 2022Jan 2022 | 2023Jan 2023 | 2024Jan 2024 | 2025Jan 2025 | 2026Jan 2026 | LTMJul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 161 | 257 | 399 | 586 | 835 | 1,300 | 1,858 | 2,263 | 2,610 | 2,919 | 3,073 |
| Cost of revenue | 56 | 81 | 113 | 159 | 218 | 396 | 546 | 581 | 618 | 661 | 672 |
| Gross profit | 105 | 176 | 286 | 427 | 617 | 904 | 1,312 | 1,682 | 1,992 | 2,258 | 2,401 |
| Research and development | 39 | 71 | 102 | 159 | 223 | 469 | 620 | 656 | 642 | 639 | 651 |
| Selling and marketing | 111 | 165 | 228 | 340 | 427 | 771 | 1,066 | 1,036 | 965 | 1,018 | 1,086 |
| General and administrative | 30 | 52 | 75 | 113 | 171 | 432 | 409 | 450 | 448 | 448 | 428 |
| Operating income | −75 | −112 | −120 | −186 | −204 | −768 | −812 | −516 | −74 | 149 | 232 |
| Interest expense | 0 | 0 | 15 | 27 | 73 | 91 | 11 | 8 | 5 | 4 | 3 |
| Income before tax | −75 | −110 | −126 | −210 | −266 | −850 | −801 | −337 | 46 | 255 | 324 |
| Income tax | 0 | −0 | −0 | −1 | 0 | −2 | 14 | 18 | 18 | 20 | 28 |
| Net income | −75 | −110 | −125 | −209 | −266 | −848 | −815 | −355 | 28 | 235 | 296 |
| Diluted EPS | −$3.94 | −$1.32 | −$1.17 | −$1.78 | −$2.09 | −$5.73 | −$5.16 | −$2.17 | $0.06 | $1.31 | $1.67 |
| Diluted shares (average) | 19m | 83m | 108m | 117m | 127m | 148m | 158m | 164m | 175m | 179m | 178m |
| EBITDA | −72 | −108 | −114 | −177 | −195 | −756 | −800 | −504 | −61 | 162 | — |
| Quarter | 2025 Q3Oct 2024 | 2025 Q4Jan 2025 | 2026 Q1Apr 2025 | 2026 Q2Jul 2025 | 2026 Q3Oct 2025 | 2026 Q4Jan 2026 | 2027 Q1Apr 2026 | 2027 Q2Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 665 | 682 | 688 | 728 | 742 | 761 | 765 | 805 |
| Cost of revenue | 157 | 158 | 155 | 168 | 170 | 168 | 170 | 164 |
| Gross profit | 508 | 524 | 533 | 560 | 572 | 593 | 595 | 641 |
| Research and development | 158 | 157 | 154 | 160 | 160 | 165 | 163 | 163 |
| Selling and marketing | 256 | 235 | 237 | 246 | 271 | 264 | 278 | 273 |
| General and administrative | 110 | 113 | 103 | 113 | 118 | 114 | 98 | 98 |
| Operating income | −16 | 8 | 39 | 41 | 23 | 46 | 56 | 107 |
| Interest expense | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
| Income before tax | 25 | 31 | 68 | 67 | 50 | 70 | 78 | 126 |
| Income tax | 9 | 8 | 6 | 0 | 7 | 7 | 4 | 10 |
| Net income | 16 | 23 | 62 | 67 | 43 | 63 | 74 | 116 |
| Diluted EPS | $0.00 | $0.14 | $0.35 | $0.37 | $0.24 | $0.35 | $0.42 | $0.65 |
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