OKTA Q1 2022 Earnings — Okta, Inc. Revenue & Financial Results | Market Cap Arena

OKTAOkta, Inc.

$14B

Q1 2022 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$251M+37.3% YoY

Gross Profit

$185M73.7% margin

Operating Income

-$91M-36.1% margin

Net Income

-$109M-43.5% margin

EPS (Diluted)

$-0.83

QoQ Revenue Growth

+6.9%

Cash Flow

Operating Cash Flow

$56M

Free Cash Flow

$53M

Stock-Based Comp.

$64M

Balance Sheet

Total Assets

$3.4B

Total Liabilities

$2.7B

Stockholders' Equity

$683M

Cash & Equivalents

$660M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$251M	$183M	+37.3%
Gross Profit	$185M	$134M	+37.6%
Operating Income	-$91M	-$52M	-73.7%
Net Income	-$109M	-$58M	-89.4%

Revenue Segments

Subscription and Circulation

$240M96%

Technology Service

$11M4%