Okta, Inc.
For the period ended Jan 31, 2026. Filed Mar 5, 2026.
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.
FY2026 · Filed Mar 5, 2026
OKTA$178.36+0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 8. Consolidated Statements of Cash Flows
CONSOLIDATED STATEMENTS OF CASH FLOWS
(in millions)
| Year Ended January 31, | |||
|---|---|---|---|
| 2026 | 2025 | 2024 | |
| Cash flows from operating activities: | |||
| Net income (loss) | $235 | $28 | $(355) |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: | |||
| Stock-based compensation | 544 | 565 | 684 |
| Depreciation and amortization | 96 | 98 | 99 |
| Amortization of deferred commissions | 161 | 130 | 104 |
| Deferred income taxes | 13 | 2 | 6 |
| Lease impairment charges | — | — | 28 |
| Gain on early extinguishment of debt | — | (19) | (106) |
| Other, net | 8 | (1) | (2) |
| Changes in operating assets and liabilities: | |||
| Accounts receivable | (70) | (63) | (79) |
| Deferred commissions | (245) | (186) | (158) |
| Prepaid expenses and other assets | (33) | (37) | (32) |
| Operating lease right-of-use assets | 18 | 20 | 23 |
| Accounts payable | (2) | 1 | — |
| Accrued compensation | 1 | 41 | 68 |
| Accrued expenses and other liabilities | 1 | (3) | 21 |
| Operating lease liabilities | (30) | (33) | (39) |
| Deferred revenue | 187 | 207 | 250 |
| Net cash provided by operating activities | 884 | 750 | 512 |
| Cash flows from investing activities: | |||
| Capitalized software | (12) | (12) | (15) |
| Purchases of property and equipment | (9) | (8) | (8) |
| Purchases of securities available-for-sale and other | (1,505) | (1,812) | (1,709) |
| Proceeds from maturities and redemption of securities available-for-sale | 1,848 | 1,571 | 2,134 |
| Proceeds from sales of securities available-for-sale and other | 5 | 3 | 62 |
| Payments for business acquisitions, net of cash acquired | (56) | (56) | (22) |
| Purchases of intangible assets | — | — | (1) |
| Net cash provided by (used in) investing activities | 271 | (314) | 441 |
| Cash flows from financing activities: | |||
| Payments upon maturity and repurchases of convertible senior notes | (510) | (280) | (937) |
| Taxes paid related to net share settlement of equity awards | (192) | (148) | — |
| Payments for warrants related to convertible senior notes | — | — | (7) |
| Proceeds from settlement of capped calls related to convertible senior notes | 2 | — | — |
| Repurchases of common stock | (73) | — | — |
| Proceeds from stock option exercises | 12 | 27 | 15 |
| Proceeds from shares issued in connection with employee stock purchase plan | 41 | 42 | 46 |
| Net cash used in financing activities | (720) | (359) | (883) |
| Effects of changes in foreign currency exchange rates on cash, cash equivalents and restricted cash | 14 | (4) | 1 |
| Net increase in cash, cash equivalents and restricted cash | 449 | 73 | 71 |
| Cash, cash equivalents and restricted cash at beginning of year | 415 | 342 | 271 |
| Cash, cash equivalents and restricted cash at end of year | $864 | $415 | $342 |
| Year Ended January 31, | |||
|---|---|---|---|
| 2026 | 2025 | 2024 | |
| Supplementary cash flow disclosure: | |||
| Non-cash investing and financing activities: | |||
| Unsettled common stock repurchases | 6 | — | — |
| Unsettled maturities of securities available-for-sale | 69 | — | — |
| Operating lease right-of-use assets exchanged for lease liabilities | 9 | 9 | 11 |
| 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 | $858 | $409 | $334 |
| Restricted cash, current included in prepaid expenses and other current assets | 1 | 1 | 2 |
| Restricted cash, noncurrent included in other assets | 5 | 5 | 6 |
| Total cash, cash equivalents and restricted cash | $864 | $415 | $342 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.