OKTA Q3 2023 Earnings — Okta, Inc. Revenue & Financial Results | Market Cap Arena

OKTAOkta, Inc.

$14B

Q3 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$481M+37.2% YoY

Gross Profit

$343M71.4% margin

Operating Income

-$207M-43.0% margin

Net Income

-$209M-43.4% margin

EPS (Diluted)

$-1.32

QoQ Revenue Growth

+6.4%

Cash Flow

Operating Cash Flow

$10M

Free Cash Flow

$6M

Stock-Based Comp.

$172M

Balance Sheet

Total Assets

$9.1B

Total Liabilities

$3.7B

Stockholders' Equity

$5.4B

Cash & Equivalents

$250M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$481M	$351M	+37.2%
Gross Profit	$343M	$241M	+42.5%
Operating Income	-$207M	-$199M	-4.3%
Net Income	-$209M	-$221M	+5.6%

Revenue Segments

Subscription and Circulation

$466M97%

Technology Service

$15M3%