Form 8-K · Current Report · Filed 2025-05-27
Okta Announces Strong Q1 FY26 Financial Results with Record Profitability
Okta, Inc. reported its first quarter fiscal year 2026 financial results on May 27, 2025, showing a 12% year-over-year growth in total revenue to $688 million, and a 21% increase in remaining performance obligations (RPO) to $4.084 billion. The company achieved record operating profit, with GAAP operating income of $39 million and non-GAAP operating income of $184 million. Okta also generated $241 million in operating cash flow and $238 million in free cash flow. The company expects continued growth in the second quarter and full fiscal year 2026, with total revenue guidance of $2.850 billion to $2.860 billion.
- Filer
- Okta Inc. OKTA · NASDAQ
- Filed
- Accession
- 0001660134-25-000091
- CIK
- 0001660134
- Signal
- High impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Results of Operations and Financial Condition
Regulation FD Disclosure
Financial Statements and Exhibits
Market reaction
Close before filing
$123.72
Next session
-14.9%
Since filing
+14.7%
Latest close
$141.93
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Precedent
Previous filings from OKTA reporting the same item, with the next session's move:
Exhibits (1)
About Okta Inc.
Okta Inc. is a leading provider of identity and access management solutions, enabling organizations to securely connect the right people to the right technologies at the right time. Founded in 2009, Okta serves a wide range of industries including healthcare, financial services, technology, and government, providing seamless and secure interactions between users and their increasingly complex IT environments. One of Okta's core offerings is its cloud-based platform, which helps manage and secure user authentication and access across applications, integrating with numerous enterprise systems and services. The platform's versatility supports single sign-on, multi-factor authentication, and API security, enhancing productivity and security simultaneously. Based in San Francisco, California, Okta plays a significant role in the growing cybersecurity and tech ecosystem by addressing the critical need for robust identity management solutions in a digitally evolving world. Its innovative products and services meet the demands of digital transformation, offering organizations the ability to optimize workforce efficiency while ensuring rigorous security measures.
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