Okta Quarterly Income Statement
NASDAQ: OKTATechnologyComputer Software: Prepackaged SoftwareUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Okta revenue and earnings
In the quarter ended Jul 31, 2026, Okta generated $805.0 million in revenue, up 10.6% from the same quarter a year earlier. Net income was $116.0 million (+73.1% year over year), for a net margin of 14.4% versus a median of 9.0% in the prior 5 quarters. Gross margin was 79.6% (up from 76.9%) and operating margin 13.3%.
Diluted earnings per share came in at $0.65, up from $0.37.
Summary generated from market data by MetaCap's automated system. Methodology
Okta income statement (quarterly)
| Quarter (USD) | Q2 20272026-07-31 | Q1 20272026-04-30 | Q4 20262026-01-31 | Q3 20262025-10-31 | Q2 20262025-07-31 | Q1 20262025-04-30 | Q4 20252025-01-31 | Q3 20252024-10-31 | Q2 20252024-07-31 | Q1 20252024-04-30 | Q4 20242024-01-31 | Q3 20242023-10-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 805.00M | 765.00M | 761.00M | 742.00M | 728.00M | 688.00M | 682.00M | 665.00M | 646.00M | 617.00M | 605.00M | 584.00M |
| Revenue growth (YoY) | +10.58% | +11.19% | +11.58% | +11.58% | +12.69% | +11.51% | +12.73% | +13.87% | +16.19% | +19.11% | +18.63% | +21.41% |
| Cost of Revenue | 164.00M | 170.00M | 168.00M | 170.00M | 168.00M | 155.00M | 158.00M | 157.00M | 155.00M | 148.00M | 145.00M | 145.00M |
| Gross Profit | 641.00M | 595.00M | 593.00M | 572.00M | 560.00M | 533.00M | 524.00M | 508.00M | 491.00M | 469.00M | 460.00M | 439.00M |
| Operating Expenses | 534.00M | 539.00M | 547.00M | 549.00M | 519.00M | 494.00M | 516.00M | 524.00M | 510.00M | 516.00M | 543.00M | 550.00M |
| Research & Development | 163.00M | 163.00M | 165.00M | 160.00M | 160.00M | 154.00M | 157.00M | 158.00M | 164.00M | 163.00M | 156.00M | 165.00M |
| Selling, General & Admin | 371.00M | 376.00M | 378.00M | 389.00M | 359.00M | 340.00M | 348.00M | 366.00M | 346.00M | 353.00M | 359.00M | 381.00M |
| Operating Income | 107.00M | 56.00M | 46.00M | 23.00M | 41.00M | 39.00M | 8.00M | -16.00M | -19.00M | -47.00M | -83.00M | -111.00M |
| Interest Expense | 0 | 1.00M | 1.00M | 1.00M | 1.00M | 1.00M | 1.00M | 1.00M | 1.00M | 2.00M | 1.00M | 2.00M |
| Other Income (Expense) | 19.00M | 23.00M | 25.00M | 28.00M | 27.00M | 30.00M | 24.00M | 26.00M | 29.00M | 27.00M | 25.00M | 21.00M |
| Pretax Income | 126.00M | 78.00M | 70.00M | 50.00M | 67.00M | 68.00M | 31.00M | 25.00M | 12.00M | -22.00M | -44.00M | -74.00M |
| Income Tax | 10.00M | 4.00M | 7.00M | 7.00M | 0 | 6.00M | 8.00M | 9.00M | -17.00M | 18.00M | 0 | 7.00M |
| Net Income | 116.00M | 74.00M | 63.00M | 43.00M | 67.00M | 62.00M | 23.00M | 16.00M | 29.00M | -40.00M | -44.00M | -81.00M |
| Net Income growth (YoY) | +73.13% | +19.35% | +173.91% | +168.75% | +131.03% | — | — | — | — | — | — | — |
| EPS (Basic) | 0.67 | 0.42 | 0.35 | 0.24 | 0.38 | 0.36 | 0.13 | 0.09 | 0.18 | -0.24 | -0.26 | -0.49 |
| EPS (Diluted) | 0.65 | 0.42 | 0.35 | 0.24 | 0.37 | 0.35 | 0.15 | 0.00 | 0.15 | -0.24 | -0.26 | -0.49 |
| Shares Outstanding (Basic) | 174.30M | 176.13M | — | 176.52M | 175.46M | 174.17M | — | 170.22M | 168.61M | 167.47M | — | 164.38M |
| Shares Outstanding (Diluted) | 178.81M | 177.70M | — | 178.40M | 180.97M | 181.75M | — | 170.67M | 174.44M | 167.47M | — | 164.38M |
| Gross Margin | 79.63% | 77.78% | 77.92% | 77.09% | 76.92% | 77.47% | 76.83% | 76.39% | 76.01% | 76.01% | 76.03% | 75.17% |
| Operating Margin | 13.29% | 7.32% | 6.04% | 3.10% | 5.63% | 5.67% | 117.00% | -2.41% | -2.94% | -7.62% | -13.72% | -19.01% |
| Net Margin | 14.41% | 9.67% | 8.28% | 5.80% | 9.20% | 9.01% | 3.37% | 2.41% | 4.49% | -6.48% | -7.27% | -13.87% |
This table shows 12 quarterly periods of Okta's income statement, from Q2 2027 back to Q3 2024, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow OKTA's reporting calendar. What is a income statement?