Okta (OKTA) | Financial Analysis & Statements

Okta Inc. | Large-cap | Technology

$97.40

-1.73%

Okta vs Microsoft Okta vs Oracle Okta vs Palo Alto Networks Okta vs CrowdStrike Holdings Okta vs Fortinet Okta vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2025

Income Metrics

Revenue 2.6B

Gross Profit 2.0B 76.32%

Operating Income -63.0M -2.41%

Net Income 28.0M 1.07%

EPS (Diluted) $0.06

Balance Sheet Metrics

Total Assets 9.4B

Total Liabilities 3.0B

Shareholders Equity 6.4B

Debt to Equity 0.47

Cash Flow Metrics

Operating Cash Flow 768.0M

Free Cash Flow 730.0M

Revenue & Profitability Trend

Okta Income Statement From 2021 to 2025

Metric	2025	2024	2023	2022	2021
Revenue	2.6B	2.3B	1.9B	1.3B	835.0M
Cost of Goods Sold	618.0M	581.0M	546.0M	396.0M	218.0M
Gross Profit	2.0B	1.7B	1.3B	904.0M	617.0M
Operating Expenses	2.1B	2.1B	2.1B	1.7B	821.0M
Operating Income	-63.0M	-460.0M	-783.0M	-768.0M	-204.0M
Pre-tax Income	46.0M	-337.0M	-801.0M	-850.0M	-266.0M
Income Tax	18.0M	18.0M	14.0M	-2.0M	0
Net Income	28.0M	-355.0M	-815.0M	-848.0M	-266.0M
EPS (Diluted)	$0.06	-$2.17	-$5.16	-$5.73	-$2.09

Income Statement Trend

Okta Balance Sheet From 2021 to 2025

Metric	2025	2024	2023	2022	2021
Assets
Current Assets	3.4B	3.0B	3.2B	3.0B	2.9B
Non-Current Assets	6.0B	6.0B	6.1B	6.2B	420.2M
Total Assets	9.4B	9.0B	9.3B	9.2B	3.3B
Liabilities
Current Liabilities	2.5B	1.8B	1.5B	1.2B	1.5B
Non-Current Liabilities	509.0M	1.3B	2.4B	2.0B	1.1B
Total Liabilities	3.0B	3.1B	3.8B	3.3B	2.6B
Equity
Total Shareholders Equity	6.4B	5.9B	5.5B	5.9B	694.0M

Balance Sheet Composition

Okta Cash Flow Statement From 2021 to 2025

Metric	2025	2024	2023	2022	2021
Operating Activities
Net Income	28.0M	-355.0M	-815.0M	-848.0M	-266.0M
Operating Cash Flow	768.0M	533.0M	122.0M	48.0M	85.0M
Investing Activities
Capital Expenditures	-8.0M	-8.0M	-12.0M	-13.0M	-13.0M
Investing Cash Flow	-302.0M	457.0M	-119.0M	-363.0M	-1.3B
Financing Activities
Dividends Paid	-	-	-	-	-
Financing Cash Flow	-428.0M	-944.0M	0	2.0K	1.0B
Free Cash Flow	730.0M	488.0M	63.0M	87.0M	111.0M

Cash Flow Trend

Okta Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 152.95

Forward P/E 34.28

Price to Book 2.65

Price to Sales 6.49

PEG Ratio 34.28

Profitability Ratios

Profit Margin 4.85%

Operating Margin 5.67%

Return on Equity 2.08%

Return on Assets 0.11%

Financial Health

Current Ratio 1.47

Debt to Equity 14.42

Beta 0.84

Per Share Data

EPS (TTM) $0.65

Book Value per Share $37.51

Revenue per Share $15.66

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
okta	17.4B	152.95	2.65	2.08%	4.85%	14.42
Microsoft	3.6T	36.91	11.04	33.61%	35.79%	32.63
Oracle	581.5B	47.60	28.42	82.38%	21.68%	505.59
Palo Alto Networks	134.5B	115.23	18.57	21.16%	13.95%	11.15
CrowdStrike Holdings	122.6B	716.55	35.50	-5.74%	-4.17%	22.50
Fortinet	76.4B	41.09	39.13	205.91%	30.60%	54.84

Financial data is updated regularly. All figures are in the company's reporting currency.