Okta, Inc. (OKTA) Income Statement
OKTA FY2026 at a glance
Fiscal year ended January 31, 2026 · U.S. dollarsOKTA revenue and net income
Where OKTA's revenue goes
FY2026Each bar shows an amount and its share of revenue. OKTA kept 8.1% of revenue as net income.
OKTA profit margins
OKTA growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +11.8% | +16.3% | +28.4% | +42.3% |
| Gross profit | +13.4% | +19.8% | +29.6% | +46.4% |
| Operating income | — | — | — | — |
| Net income | +739.3% | — | — | — |
| EPS (diluted) | +23.8% | — | +103.5% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
OKTA quarterly EPS vs estimates
Okta beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: December 1, 2026 (estimate $0.43).
OKTA income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.92B | $2.61B | $2.26B | $1.86B | $1.30B | $835.0M | $586.1M | $399.3M | $256.5M | $160.8M |
| Cost of revenue | $661.0M | $618.0M | $581.0M | $546.0M | $396.4M | $217.7M | $159.4M | $113.4M | $80.8M | $55.9M |
| Gross profit | $2.26B | $1.99B | $1.68B | $1.31B | $904.0M | $617.0M | $426.7M | $285.8M | $175.8M | $104.9M |
| Research & development | $639.0M | $642.0M | $656.0M | $620.0M | $469.0M | $223.0M | $159.3M | $102.4M | $70.8M | $38.7M |
| Sales, general & admin | $1.47B | $1.41B | $1.49B | $1.48B | $1.20B | $598.0M | $453.2M | $303.1M | $216.8M | $140.9M |
| Total operating expenses | $2.10B | $2.06B | $2.20B | $2.12B | $1.67B | $821.0M | $612.5M | $405.5M | $287.6M | $179.5M |
| Operating income | $153.0M | −$63.0M | −$516.0M | −$812.0M | −$768.0M | −$204.0M | −$185.8M | −$119.6M | −$111.9M | −$74.7M |
| Interest income | $110.0M | $106.0M | $81.0M | $22.0M | $9.8M | $12.9M | $17.1M | $15.1M | — | — |
| Interest expense | $4.0M | $5.0M | $8.0M | $11.0M | $91.0M | $72.7M | $27.0M | $15.1M | $0 | $0 |
| Income before taxes | $255.0M | $46.0M | −$337.0M | −$801.0M | −$850.0M | −$266.0M | −$210.3M | −$125.5M | −$110.2M | −$74.6M |
| Income taxes | $20.0M | $18.0M | $18.0M | $14.0M | −$2.0M | $141,000 | −$1.4M | −$17,000 | −$321,000 | $425,000 |
| Net income | $235.0M | $28.0M | −$355.0M | −$815.0M | −$848.0M | −$266.0M | −$208.9M | −$125.5M | −$109.8M | −$75.1M |
| EBITDA | $355.0M | $149.0M | −$245.0M | −$676.0M | −$651.0M | −$156.0M | −$165.5M | −$102.4M | −$103.2M | −$70.1M |
| EPS (diluted) | $3.49 | $2.82 | $1.60 | −$0.14 | −$0.46 | $0.10 | −$0.32 | −$0.32 | −$0.95 | −$0.41 |
| Gross margin | 77.4% | 76.3% | 74.3% | 70.6% | 69.5% | 73.9% | 72.8% | 71.6% | 68.5% | 65.2% |
| Operating margin | 5.2% | −2.4% | −22.8% | −43.7% | −59.1% | −24.4% | −31.7% | −30.0% | −43.6% | −46.4% |
| Net margin | 8.1% | 1.1% | −15.7% | −43.9% | −65.2% | −31.9% | −35.6% | −31.4% | −42.8% | −46.7% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $805.0M | $765.0M | $761.0M | $742.0M | $728.0M | $688.0M | $682.0M | $665.0M | $646.0M | $617.0M | $605.0M | $584.0M |
| Cost of revenue | $164.0M | $170.0M | $168.0M | $170.0M | $168.0M | $155.0M | $158.0M | $157.0M | $155.0M | $148.0M | $145.0M | $145.0M |
| Gross profit | $641.0M | $595.0M | $593.0M | $572.0M | $560.0M | $533.0M | $524.0M | $508.0M | $491.0M | $469.0M | $460.0M | $439.0M |
| Research & development | $163.0M | $163.0M | $165.0M | $160.0M | $160.0M | $154.0M | $157.0M | $158.0M | $164.0M | $163.0M | $156.0M | $165.0M |
| Sales, general & admin | $371.0M | $376.0M | $378.0M | $389.0M | $359.0M | $340.0M | $348.0M | $366.0M | $346.0M | $353.0M | $359.0M | $381.0M |
| Total operating expenses | $534.0M | $539.0M | $543.0M | $549.0M | $519.0M | $494.0M | $516.0M | $524.0M | $510.0M | $516.0M | $543.0M | $550.0M |
| Operating income | $107.0M | $56.0M | $50.0M | $23.0M | $41.0M | $39.0M | $8.0M | −$16.0M | −$19.0M | −$47.0M | −$83.0M | −$111.0M |
| Interest income | $19.0M | $23.0M | $25.0M | $28.0M | $27.0M | $30.0M | $24.0M | $26.0M | $29.0M | $27.0M | $25.0M | $21.0M |
| Interest expense | $0 | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $2.0M | $1.0M | $2.0M |
| Income before taxes | $126.0M | $78.0M | $70.0M | $50.0M | $67.0M | $68.0M | $31.0M | $25.0M | $12.0M | −$22.0M | −$44.0M | −$74.0M |
| Income taxes | $10.0M | $4.0M | $7.0M | $7.0M | — | $6.0M | $8.0M | $9.0M | −$17.0M | $18.0M | $1.0M | $7.0M |
| Net income | $116.0M | $74.0M | $63.0M | $43.0M | $67.0M | $62.0M | $23.0M | $16.0M | $29.0M | −$40.0M | −$44.0M | −$81.0M |
| EBITDA | $138.0M | $104.0M | $95.0M | $75.0M | $92.0M | $93.0M | $56.0M | $40.0M | $38.0M | $5.0M | −$23.0M | −$51.0M |
| EPS (diluted) | $0.58 | $0.41 | $0.90 | $0.82 | $0.91 | $0.86 | $0.78 | $0.67 | $0.72 | $0.65 | $0.63 | $0.44 |
| Gross margin | 79.6% | 77.8% | 77.9% | 77.1% | 76.9% | 77.5% | 76.8% | 76.4% | 76.0% | 76.0% | 76.0% | 75.2% |
| Operating margin | 13.3% | 7.3% | 6.6% | 3.1% | 5.6% | 5.7% | 1.2% | −2.4% | −2.9% | −7.6% | −13.7% | −19.0% |
| Net margin | 14.4% | 9.7% | 8.3% | 5.8% | 9.2% | 9.0% | 3.4% | 2.4% | 4.5% | −6.5% | −7.3% | −13.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in OKTA's financial statements (latest annual report filed March 5, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
OKTA financial results
In fiscal year 2026 (ended January 31, 2026), Okta reported revenue of $2.9 billion, up 11.8% from the year before. It had net income of $235.0 million (up 739.3%), a net profit margin of 8.1%. Diluted earnings per share came to $3.49. Over five years revenue grew at an average rate of 28.4% a year.
See the OKTA stock overview for the latest quote and news, or the OKTA chart for price history and technical indicators.
OKTA income statement FAQ
What is Okta's annual revenue?
Okta reported total revenue of $2.9 billion for fiscal year 2026, which ended on January 31, 2026. That was up 11.8% from $2.6 billion the previous year.
Is Okta profitable?
Yes. Okta reported net income of $235.0 million in fiscal 2026, a net profit margin of 8.1%; its operating margin was 5.2%.
What is Okta's gross margin?
Okta's gross margin was 77.4% in fiscal 2026: for every $100 of revenue, Okta kept $77 after the direct cost of its products and services.
How much does Okta spend on research and development?
Okta spent $639.0 million on research and development in fiscal 2026, 21.9% of revenue.
How fast is Okta growing?
Revenue grew 28.4% a year on average over the last five fiscal years, from $835.0 million to $2.9 billion.
What are Okta's earnings per share?
Okta earned $3.49 per diluted share in fiscal 2026, compared with $2.82 a year earlier.
When will Okta report its next earnings?
Okta is expected to report results for the quarter ending October 31, 2026 on December 1, 2026 after the market closes.
When does Okta's fiscal year end?
Okta's fiscal year ends in January. The latest annual report covers the year ended January 31, 2026 and was filed on March 5, 2026.