Okta Inc
For the period ended Jan 31, 2025. Filed Mar 5, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Mar 5, 2025
OKTA$177.57+5.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(dollars in millions, shares in thousands, except per share data)
| As of January 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $409 | $334 |
| Short-term investments | 2,114 | 1,868 |
| Accounts receivable, net of allowances of $4 and $6, respectively | 621 | 559 |
| Deferred commissions | 140 | 113 |
| Prepaid expenses and other current assets | 132 | 106 |
| Total current assets | 3,416 | 2,980 |
| Property and equipment, net | 43 | 48 |
| Operating lease right-of-use assets | 74 | 83 |
| Deferred commissions, noncurrent | 267 | 242 |
| Intangible assets, net | 138 | 182 |
| Goodwill | 5,448 | 5,406 |
| Other assets | 51 | 48 |
| Total assets | $9,437 | $8,989 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $13 | $12 |
| Accrued expenses and other current liabilities | 103 | 115 |
| Accrued compensation | 207 | 167 |
| Convertible senior notes, net | 509 | — |
| Deferred revenue | 1,691 | 1,488 |
| Total current liabilities | 2,523 | 1,782 |
| Convertible senior notes, net, noncurrent | 349 | 1,154 |
| Operating lease liabilities, noncurrent | 94 | 112 |
| Deferred revenue, noncurrent | 27 | 23 |
| Other liabilities, noncurrent | 39 | 30 |
| Total liabilities | 3,032 | 3,101 |
| 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, 2025 and 2024. | — | — |
| Class A common stock, par value $0.0001 per share; 1,000,000 shares authorized; 165,650 and 159,835 shares issued and outstanding as of January 31, 2025 and 2024, respectively. | — | — |
| Class B common stock, par value $0.0001 per share; 120,000 shares authorized; 7,809 and 7,291 shares issued and outstanding as of January 31, 2025 and 2024, respectively. | — | — |
| Additional paid-in capital | 9,219 | 8,724 |
| Accumulated other comprehensive loss | (12) | (6) |
| Accumulated deficit | (2,802) | (2,830) |
| Total stockholders’ equity | 6,405 | 5,888 |
| Total liabilities and stockholders’ equity | $9,437 | $8,989 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.