OKTA Q2 2023 Earnings — Okta, Inc. Revenue & Financial Results | Market Cap Arena

OKTAOkta, Inc.

$14B

Q2 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$452M+43.3% YoY

Gross Profit

$314M69.5% margin

Operating Income

-$208M-46.0% margin

Net Income

-$210M-46.5% margin

EPS (Diluted)

$-1.34

QoQ Revenue Growth

+8.9%

Cash Flow

Operating Cash Flow

-$19M

Free Cash Flow

-$25M

Stock-Based Comp.

$170M

Balance Sheet

Total Assets

$9.1B

Total Liabilities

$3.6B

Stockholders' Equity

$5.5B

Cash & Equivalents

$216M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$452M	$316M	+43.3%
Gross Profit	$314M	$214M	+46.5%
Operating Income	-$208M	-$263M	+21.0%
Net Income	-$210M	-$277M	+24.1%

Revenue Segments

Subscription and Circulation

$435M96%

Technology Service

$16M4%