Okta Inc.
- Okta Inc. plunged 12.8% to $109.39 despite the identity management company reporting higher revenue in the first quarter of 2025.
Revenue increased to $688 million from $617 million, net income swung a profit of $62 million from a loss of $40 million, and diluted earnings per share swung to a profit of 36 cents from a loss of 24 cents a year ago.
The company guided second-quarter revenue to be between $710 million and $712 million, compared to $556 million, and non-GAAP diluted earnings per share between 83 cents and 84 cents, compared to 31 cents a year earlier, respectively.
For the full year, Okta estimated revenue to be between $2.85 billion and $2.86 billion, compared to $2.26 billion, and non-GAAP diluted earnings per share between $3.23 and $3.28, compared to $2.81 a year ago, respectively.
May 28, 2025 - Okta Inc. surged 15.9% to $87.16 after the cybersecurity and identity management company's results surpassed market expectations in the fiscal fourth quarter of 2025.
Revenue increased to $670 million from $591 million, net income swung to a profit of $23 million from a loss of $44 million, and earnings per diluted share rose to 13 cents from a loss of 26 cents a year ago.
The company guided for the first quarter of 2026 revenue between $678 million and $680 million, up 10% from $617 million a year ago, and non-GAAP diluted net income per share between 76 cents and 77 cents, compared to 65 cents in the same quarter in fiscal 2025.
For the full year 2026, Okta estimated revenue between $2.85 billion and $2.86 billion, up 9% to 10% from $2.61 billion a year ago, and non-GAAP earnings per diluted share between $3.15 and $3.20, compared to $2.81 in 2025.
Mar 4, 2025 - Okta Inc. jumped 13% to $92.35, and the identity and access management company said revenue in the third quarter increased 14% from a year ago to $569 million.
The company also guided revenue in the fourth quarter to range between $667 million and $669 million.
Dec 4, 2024 - Okta soared 24.5% to $108.50 after the identity software management company reported better-than-expected quarterly results and estimated higher-than-expected quarterly results.
Fourth quarter revenue increased 19% to $605 million, net loss shrank to $44 million from $153 million, and diluted loss per share decreased to 26 cents from 95 cents a year ago.
Net cash provided by operations in the quarter increased to $174 million, or 29% of total revenue, compared to net cash provided by operations of $76 million, or 15% of total revenue, in the quarter a year ago.
Free cash flow was $166 million, or 28% of total revenue, compared to $72 million, or 14% of total revenue, in the fourth quarter of fiscal 2023.
Feb 29, 2024
| Year | Apr | Jul | Oct | Jan | Annual | |
|---|---|---|---|---|---|---|
| 2023 | -0.94 | -0.74 | -0.68 | -0.49 | - | |
| 2022 | -1.63 | -1.56 | -1.34 | -1.32 | -5.16 | |
| 2021 | -0.58 | -0.83 | -1.83 | -1.44 | -5.73 | |
| 2020 | -0.42 | -0.47 | -0.48 | -0.56 | -2.09 | |
| 2019 | -0.28 | -0.46 | -0.37 | -0.53 | -1.78 | |
| 2018 | 0.01 | -0.25 | -0.37 | -0.27 | -0.88 | |
| 2017 | - | 0.50 | 0.29 | 0.34 | 1.13 | |
| 2016 | - | - | - | - | - | |
| 2015 | - | - | - | - | - |