Okta, Inc. (OKTA) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 |
|---|
| Sales/Revenue | 765M | 761M | 742M | 728M | 688M | 682M | 665M | 646M | 617M | 605M | 584M | 556M | 518M | 510M | 481.04M | 452M | 415M | 383.01M | 350.68M | 315.5M |
| Revenue Growth % | 11.19% | 11.58% | 11.58% | 12.69% | 11.51% | 12.73% | 13.87% | 16.19% | 19.11% | 18.63% | 21.4% | 23.01% | 24.82% | 33.15% | 37.17% | 43.26% | 65.33% | 63.17% | 61.32% | 57.4% |
| Cost of Goods Sold | 170M | 168M | 170M | 168M | 155M | 158M | 157M | 155M | 148M | 145M | 145M | 149M | 142M | 139M | 137.65M | 137.69M | 131.16M | 119.5M | 109.67M | 101.11M |
| COGS % of Revenue | 22.22% | 22.08% | 22.91% | 23.08% | 22.53% | 23.17% | 23.61% | 23.99% | 23.99% | 23.97% | 24.83% | 26.8% | 27.41% | 27.25% | 28.62% | 30.46% | 31.61% | 31.2% | 31.27% | 32.05% |
| Gross Profit | 595M | 593M | 572M | 560M | 533M | 524M | 508M | 491M | 469M | 460M | 439M | 407M | 376M | 371M | 343.39M | 314M | 284M | 263.51M | 241.01M | 214.39M |
| Gross Margin % | 77.78% | 77.92% | 77.09% | 76.92% | 77.47% | 76.83% | 76.39% | 76.01% | 76.01% | 76.03% | 75.17% | 73.2% | 72.59% | 72.75% | 71.38% | 69.47% | 68.43% | 68.8% | 68.73% | 67.95% |
| Gross Profit Growth % | 11.63% | 13.17% | 12.6% | 14.05% | 13.65% | 13.91% | 15.72% | 20.64% | 24.73% | 23.99% | 27.84% | 29.62% | 32.39% | 40.79% | 42.48% | 46.46% | 53.61% | 51.79% | 50.19% | 43.6% |
| Operating Expenses | 539M | 543M | 549M | 519M | 494M | 516M | 524M | 510M | 516M | 543M | 550M | 569M | 536M | 528M | 549.99M | 522M | 524M | 477.94M | 439.56M | 477.83M |
| OpEx % of Revenue | 70.46% | 71.35% | 73.99% | 71.29% | 71.8% | 75.66% | 78.8% | 78.95% | 83.63% | 89.75% | 94.18% | 102.34% | 103.47% | 103.53% | 114.33% | 115.49% | 126.27% | 124.78% | 125.35% | 151.45% |
| Selling, General & Admin | 376M | 378M | 389M | 359M | 340M | 348M | 366M | 346M | 353M | 359M | 381M | 380M | 366M | 359M | 401.5M | 366M | 362M | 330.49M | 309.03M | 355.43M |
| SG&A % of Revenue | 49.15% | 49.67% | 52.43% | 49.31% | 49.42% | 51.03% | 55.04% | 53.56% | 57.21% | 59.34% | 65.24% | 68.35% | 70.66% | 70.39% | 83.47% | 80.97% | 87.23% | 86.29% | 88.12% | 112.66% |
| Research & Development | 163M | 165M | 160M | 160M | 154M | 157M | 158M | 164M | 163M | 156M | 165M | 172M | 163M | 154M | 148M | 156M | 162M | 147.45M | 130.53M | 122.41M |
| R&D % of Revenue | 21.31% | 21.68% | 21.56% | 21.98% | 22.38% | 23.02% | 23.76% | 25.39% | 26.42% | 25.79% | 28.25% | 30.94% | 31.47% | 30.2% | 30.77% | 34.51% | 39.04% | 38.5% | 37.22% | 38.8% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 56M | 50M | 23M | 41M | 39M | 8M | -16M | -19M | -47M | -83M | -111M | -162M | -160M | -157.65M | -207M | -208M | -240M | -214.43M | -198.56M | -263.44M |
| Operating Margin % | 7.32% | 6.57% | 3.1% | 5.63% | 5.67% | 1.17% | -2.41% | -2.94% | -7.62% | -13.72% | -19.01% | -29.14% | -30.89% | -30.91% | -43.03% | -46.02% | -57.83% | -55.98% | -56.62% | -83.5% |
| Operating Income Growth % | 43.59% | 525% | 243.75% | 315.79% | 182.98% | 109.64% | 85.59% | 88.27% | 70.63% | 47.35% | 46.38% | 22.12% | 33.33% | 26.48% | -4.25% | 21.04% | -164.66% | -292.75% | -282.01% | -480.42% |
| EBITDA | 81M | 68M | 47M | 65M | 63M | 32M | -2M | 6M | -22M | -63M | -90M | -144M | -135M | -131.65M | -179M | -177M | -210M | -183.44M | -166.83M | -231.67M |
| EBITDA Margin % | 10.59% | 8.94% | 6.33% | 8.93% | 9.16% | 4.69% | -0.3% | 0.93% | -3.57% | -10.41% | -15.41% | -25.9% | -26.06% | -25.81% | -37.21% | -39.16% | -50.6% | -47.89% | -47.57% | -73.43% |
| EBITDA Growth % | 28.57% | 112.5% | 2450% | 983.33% | 386.36% | 150.79% | 97.78% | 104.17% | 83.7% | 52.15% | 49.72% | 18.64% | 35.71% | 28.24% | -7.3% | 23.6% | -170.8% | -342.84% | -307.17% | -507.06% |
| D&A (Non-Cash Add-back) | 25M | 18M | 24M | 24M | 24M | 24M | 14M | 25M | 25M | 20M | 21M | 18M | 25M | 26M | 28M | 31M | 30M | 30.98M | 31.73M | 31.77M |
| EBIT | 56M | 50M | 51M | 68M | 69M | 32M | 26M | 13M | -20M | -43M | -72M | -102M | -112M | -146.31M | -202M | -203M | -238M | -212.28M | -197.5M | -261.27M |
| Net Interest Income | -1M | 24M | 27M | 26M | 29M | 23M | 25M | 28M | 25M | 24M | 19M | 16M | 14M | 8.93M | 2M | 2M | -1M | -21.26M | -22.09M | -20.66M |
| Interest Income | 0 | 25M | 28M | 27M | 30M | 24M | 26M | 29M | 27M | 25M | 21M | 18M | 17M | 11.34M | 5M | 5M | 2M | 2.15M | 1.06M | 2.21M |
| Interest Expense | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 2M | 1M | 2M | 2M | 3M | 2.41M | 3M | 3M | 3M | 23.41M | 23.14M | 22.87M |
| Other Income/Expense | 22M | 20M | 27M | 26M | 29M | 23M | 41M | 31M | 25M | 39M | 37M | 58M | 45M | 8.93M | 2M | 2M | -1M | -21.26M | -22.09M | -20.7M |
| Pretax Income | 78M | 70M | 50M | 67M | 68M | 31M | 25M | 12M | -22M | -44M | -74M | -104M | -115M | -148.72M | -205M | -206M | -241M | -235.69M | -220.64M | -284.14M |
| Pretax Margin % | 10.2% | 9.2% | 6.74% | 9.2% | 9.88% | 4.55% | 3.76% | 1.86% | -3.57% | -7.27% | -12.67% | -18.7% | -22.2% | -29.16% | -42.62% | -45.58% | -58.07% | -61.53% | -62.92% | -90.06% |
| Income Tax | 4M | 7M | 7M | 0 | 6M | 8M | 9M | -17M | 18M | 0 | 7M | 7M | 4M | 4.2M | 4M | 4M | 2M | 5.5M | 667K | -7.46M |
| Effective Tax Rate % | 5.13% | 10% | 14% | 0% | 8.82% | 25.81% | 36% | -141.67% | -81.82% | 0% | -9.46% | -6.73% | -3.48% | -2.82% | -1.95% | -1.94% | -0.83% | -2.33% | -0.3% | 2.63% |
| Net Income | 74M | 63M | 43M | 67M | 62M | 23M | 16M | 29M | -40M | -44M | -81M | -111M | -119M | -152.92M | -209M | -210M | -243M | -241.19M | -221.31M | -276.68M |
| Net Margin % | 9.67% | 8.28% | 5.8% | 9.2% | 9.01% | 3.37% | 2.41% | 4.49% | -6.48% | -7.27% | -13.87% | -19.96% | -22.97% | -29.98% | -43.45% | -46.46% | -58.55% | -62.97% | -63.11% | -87.7% |
| Net Income Growth % | 19.35% | 173.91% | 168.75% | 131.03% | 255% | 152.27% | 119.75% | 126.13% | 66.39% | 71.23% | 61.24% | 47.14% | 51.03% | 36.6% | 5.56% | 24.1% | -122.46% | -218.16% | -204.15% | -360.37% |
| Net Income (Continuing) | 74M | 63M | 43M | 67M | 62M | 23M | 16M | 29M | -40M | -44M | -81M | -111M | -119M | -152.92M | -209M | -210M | -243M | -241.19M | -221.31M | -276.68M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.42 | 0.35 | 0.24 | 0.37 | 0.35 | 0.13 | 0.09 | 0.15 | -0.24 | -0.27 | -0.49 | -0.68 | -0.74 | -0.96 | -1.32 | -1.34 | -1.56 | -1.56 | -1.44 | -1.83 |
| EPS Growth % | 20% | 169.23% | 156.14% | 146.67% | 245.83% | 148.15% | 119.12% | 122.06% | 67.57% | 71.88% | 62.88% | 49.25% | 52.56% | 38.46% | 8.33% | 26.78% | -87.95% | -168.97% | -157.14% | -281.25% |
| EPS (Basic) | 0.42 | 0.36 | 0.24 | 0.38 | 0.36 | 0.13 | 0.09 | 0.17 | -0.24 | -0.27 | -0.49 | -0.68 | -0.74 | -0.96 | -1.32 | -1.34 | -1.56 | -1.56 | -1.44 | -1.83 |
| Diluted Shares Outstanding | 177.7M | 180.45M | 179.39M | 180.97M | 181.75M | 175.28M | 170.67M | 174.44M | 167.47M | 166M | 164.38M | 162.75M | 161.32M | 160.04M | 158.71M | 157.4M | 155.88M | 154.72M | 153.76M | 151.36M |
| Basic Shares Outstanding | 176.13M | 177.32M | 175.4M | 175.46M | 174.17M | 171.94M | 170.22M | 168.61M | 167.47M | 166M | 164.38M | 162.75M | 161.32M | 160.04M | 158.71M | 157.4M | 155.88M | 154.72M | 153.76M | 151.36M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |