Okta Inc

For the period ended Jan 31, 2025. Filed Mar 5, 2025.

About 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.

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Contents

Consolidated Statements of Operations

(dollars in millions, shares in thousands, except per share data)

	Year Ended January 31,
	2025	2024	2023
Revenue
Subscription	$2,556	$2,205	$1,794
Professional services and other	54	58	64
Total revenue	2,610	2,263	1,858
Cost of revenue
Subscription	549	502	464
Professional services and other	69	79	82
Total cost of revenue	618	581	546
Gross profit	1,992	1,682	1,312
Operating expenses
Research and development	642	656	620
Sales and marketing	965	1,036	1,066
General and administrative	448	450	409
Restructuring and other charges	11	56	29
Total operating expenses	2,066	2,198	2,124
Operating loss	(74)	(516)	(812)
Interest expense	(5)	(8)	(11)
Interest income and other, net	106	81	22
Gain on early extinguishment of debt	19	106	—
Interest and other, net	120	179	11
Income (loss) before provision for income taxes	46	(337)	(801)
Provision for income taxes	18	18	14
Net income (loss)	$28	$(355)	$(815)
Net income (loss) per share, basic	$0.16	$(2.17)	$(5.16)
Net income (loss) per share, diluted	$0.06	$(2.17)	$(5.16)
Weighted-average shares used to compute net income (loss) per share, basic	169,569	163,634	158,023
Weighted-average shares used to compute net income (loss) per share, diluted	175,086	163,634	158,023

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.