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Midas Edge

Okta Inc

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

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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$178.36+0.4%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Item 8. Consolidated Statements of Cash Flows

CONSOLIDATED STATEMENTS OF CASH FLOWS

(in millions)

Year Ended January 31,
202520242023
Cash flows from operating activities:
Net income (loss)$28$(355)$(815)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Stock-based compensation565684677
Depreciation, amortization and accretion8884114
Amortization of deferred commissions13010484
Deferred income taxes267
Lease impairment charges—2814
Gain on early extinguishment of debt(19)(106)—
Other, net91312
Changes in operating assets and liabilities:
Accounts receivable(63)(79)(87)
Deferred commissions(186)(158)(122)
Prepaid expenses and other assets(37)(32)(13)
Operating lease right-of-use assets202327
Accounts payable1—(6)
Accrued compensation4168(44)
Accrued expenses and other liabilities(3)218
Operating lease liabilities(33)(39)(34)
Deferred revenue207250264
Net cash provided by operating activities75051286
Cash flows from investing activities:
Capitalized software(12)(15)(9)
Purchases of property and equipment(8)(8)(12)
Purchases of securities available-for-sale and other(1,812)(1,709)(1,411)
Proceeds from maturities and redemption of securities available-for-sale1,5712,1341,308
Proceeds from sales of securities available-for-sale and other362—
Payments for business acquisitions, net of cash acquired(56)(22)(4)
Purchases of intangible assets—(1)(2)
Net cash provided by (used in) investing activities(314)441(130)
Cash flows from financing activities:
Payments for repurchases of convertible senior notes(280)(937)—
Taxes paid related to net share settlement of equity awards(148)——
Payments for warrants related to convertible senior notes—(7)—
Proceeds from stock option exercises271517
Proceeds from shares issued in connection with employee stock purchase plan424631
Net cash provided by (used in) financing activities(359)(883)48
Effects of changes in foreign currency exchange rates on cash, cash equivalents and restricted cash(4)1(6)
Net increase (decrease) in cash, cash equivalents and restricted cash7371(2)
Cash, cash equivalents and restricted cash at beginning of year342271273
Cash, cash equivalents and restricted cash at end of year$415$342$271
Year Ended January 31,
202520242023
Supplementary cash flow disclosure:
Cash paid during the period for:
Interest$3$5$6
Income taxes19148
Non-cash investing and financing activities:
Issuance of common stock for repurchases and conversions of convertible senior notes——47
Benefit from exercise of hedges related to convertible senior notes—218
Operating lease right-of-use assets exchanged for lease liabilities91111
Reconciliation of cash, cash equivalents, and restricted cash within the consolidated balance sheets to the amounts shown in the statements of cash flows above:
Cash and cash equivalents$409$334$264
Restricted cash, current included in prepaid expenses and other current assets12—
Restricted cash, noncurrent included in other assets567
Total cash, cash equivalents and restricted cash$415$342$271
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.