Okta Inc
For the period ended Jan 31, 2024. Filed Mar 1, 2024.
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FY2024 · Filed Mar 1, 2024
OKTA$177.57+5.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(dollars in millions, shares in thousands, except per share data)
| As of January 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $334 | $264 |
| Short-term investments | 1,868 | 2,316 |
| Accounts receivable, net of allowances of $6 and $8 | 559 | 481 |
| Deferred commissions | 113 | 92 |
| Prepaid expenses and other current assets | 106 | 76 |
| Total current assets | 2,980 | 3,229 |
| Property and equipment, net | 48 | 59 |
| Operating lease right-of-use assets | 83 | 122 |
| Deferred commissions, noncurrent | 242 | 210 |
| Intangible assets, net | 182 | 241 |
| Goodwill | 5,406 | 5,400 |
| Other assets | 48 | 46 |
| Total assets | $8,989 | $9,307 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $12 | $12 |
| Accrued expenses and other current liabilities | 115 | 112 |
| Accrued compensation | 167 | 99 |
| Deferred revenue | 1,488 | 1,242 |
| Total current liabilities | 1,782 | 1,465 |
| Convertible senior notes, net, noncurrent | 1,154 | 2,193 |
| Operating lease liabilities, noncurrent | 112 | 142 |
| Deferred revenue, noncurrent | 23 | 18 |
| Other liabilities, noncurrent | 30 | 23 |
| Total liabilities | 3,101 | 3,841 |
| Commitments and contingencies (Note 10) | ||
| Stockholders’ equity: | ||
| Preferred stock, par value $0.0001 per share; 100,000 shares authorized, no shares issued and outstanding as of January 31, 2024 and 2023. | — | — |
| Class A Common stock, par value $0.0001 per share; 1,000,000 shares authorized; 159,835 and 154,009 shares issued and outstanding as of January 31, 2024 and 2023, respectively. | — | — |
| Class B Common stock, par value $0.0001 per share; 120,000 shares authorized; 7,291 and 7,300 shares issued and outstanding as of January 31, 2024 and 2023, respectively. | — | — |
| Additional paid-in capital | 8,724 | 7,974 |
| Accumulated other comprehensive loss | (6) | (33) |
| Accumulated deficit | (2,830) | (2,475) |
| Total stockholders’ equity | 5,888 | 5,466 |
| Total liabilities and stockholders’ equity | $8,989 | $9,307 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.