OKTA Q1 2023 Earnings — Okta, Inc. Revenue & Financial Results | Market Cap Arena

OKTAOkta, Inc.

$14B

Q1 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$415M+65.3% YoY

Gross Profit

$284M68.4% margin

Operating Income

-$240M-57.8% margin

Net Income

-$243M-58.6% margin

EPS (Diluted)

$-1.56

QoQ Revenue Growth

+8.4%

Cash Flow

Operating Cash Flow

$19M

Free Cash Flow

$10M

Stock-Based Comp.

$171M

Balance Sheet

Total Assets

$9.0B

Total Liabilities

$3.6B

Stockholders' Equity

$5.5B

Cash & Equivalents

$194M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$415M	$251M	+65.3%
Gross Profit	$284M	$185M	+53.6%
Operating Income	-$240M	-$91M	-164.7%
Net Income	-$243M	-$109M	-122.5%

Revenue Segments

Subscription and Circulation

$398M96%

Technology Service

$17M4%