OKTA Q2 2024 Earnings — Okta, Inc. Revenue & Financial Results | Market Cap Arena

OKTAOkta, Inc.

$14B

Q2 2024 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$556M+23.0% YoY

Gross Profit

$407M73.2% margin

Operating Income

-$162M-29.1% margin

Net Income

-$111M-20.0% margin

EPS (Diluted)

$-0.68

QoQ Revenue Growth

+7.3%

Cash Flow

Operating Cash Flow

$53M

Free Cash Flow

$49M

Stock-Based Comp.

$185M

Balance Sheet

Total Assets

$8.7B

Total Liabilities

$3.1B

Stockholders' Equity

$5.6B

Cash & Equivalents

$356M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$556M	$452M	+23.0%
Gross Profit	$407M	$314M	+29.6%
Operating Income	-$162M	-$208M	+22.1%
Net Income	-$111M	-$210M	+47.1%

Revenue Segments

Subscription and Circulation

$1.0B98%

Technology Service

$18M2%