OKTA Q3 2024 Earnings — Okta, Inc. Revenue & Financial Results | Market Cap Arena

OKTAOkta, Inc.

$14B

Q3 2024 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$584M+21.4% YoY

Gross Profit

$439M75.2% margin

Operating Income

-$111M-19.0% margin

Net Income

-$81M-13.9% margin

EPS (Diluted)

$-0.49

QoQ Revenue Growth

+5.0%

Cash Flow

Operating Cash Flow

$156M

Free Cash Flow

$149M

Stock-Based Comp.

$172M

Balance Sheet

Total Assets

$8.7B

Total Liabilities

$3.0B

Stockholders' Equity

$5.7B

Cash & Equivalents

$400M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$584M	$481M	+21.4%
Gross Profit	$439M	$343M	+27.8%
Operating Income	-$111M	-$207M	+46.4%
Net Income	-$81M	-$209M	+61.2%

Revenue Segments

Subscription and Circulation

$569M97%

Technology Service

$15M3%