Okta Past Earnings Performance
Past criteria checks 0/6
Okta's earnings have been declining at an average annual rate of -14.1%, while the IT industry saw earnings growing at 6.4% annually. Revenues have been growing at an average rate of 31.1% per year.
Key information
-14.1%
Earnings growth rate
-8.9%
EPS growth rate
| IT Industry Growth | 22.4% |
| Revenue growth rate | 31.1% |
| Return on equity | -2.2% |
| Net Margin | -5.5% |
| Next Earnings Update | 03 Dec 2024 |
Recent past performance updates
Recent updates
Okta: The Underdog's Advantage
Nov 07Okta (NASDAQ:OKTA) Has Debt But No Earnings; Should You Worry?
Nov 02
Okta, Inc.'s (NASDAQ:OKTA) Shares May Have Run Too Fast Too Soon
Oct 04Okta: Bargain Stock With A Path To Recovery (Rating Upgrade)
Sep 30Okta Earnings: Game Over, Time To Log Out (Downgrade)
Aug 29Okta: Low Debt And High Margins In A Growing Tech Industry
Aug 22Is Okta (NASDAQ:OKTA) Using Debt In A Risky Way?
Jul 30Okta: With Guidance Boost, I'm Diving Back In
Jul 30Okta: Why I'm Initiating With A Buy
Jul 12What Does Okta, Inc.'s (NASDAQ:OKTA) Share Price Indicate?
Jul 12Okta: The Turnaround Is Underway (Ratings Upgrade)
Jul 01Okta: Navigating Volatility For Sustainable Growth, Buy
May 31Okta Is Priced For More Growth Than What The Firm Has To Offer (Earnings Preview)
May 24Is Okta, Inc. (NASDAQ:OKTA) Trading At A 27% Discount?
May 21Okta: Rating Upgrade As Management Drives Focused 'Go-To-Market' Strategies And Expands Margins
Apr 23Is Okta (NASDAQ:OKTA) Using Debt Sensibly?
Apr 14Okta: Assessing Overly Optimistic Consensus Estimates And Valuations
Apr 01Should You Think About Buying Okta, Inc. (NASDAQ:OKTA) Now?
Mar 27Okta: Time To Take Chips Off The Table (Rating Downgrade)
Mar 22Okta Q4 Earnings: Revised Rating To Buy On Surprising Free Cash Flow Surge
Feb 29Okta: Zero-Trust Security Providing Further Upside Potential
Feb 20Are Investors Undervaluing Okta, Inc. (NASDAQ:OKTA) By 30%?
Feb 11Okta: Hold Until Management Provides Clearer Guidance
Feb 04Okta (NASDAQ:OKTA) Has Debt But No Earnings; Should You Worry?
Jan 06Subdued Growth No Barrier To Okta, Inc.'s (NASDAQ:OKTA) Price
Dec 19Is Okta, Inc. (NASDAQ:OKTA) Potentially Undervalued?
Nov 25Is Okta (NASDAQ:OKTA) Weighed On By Its Debt Load?
Sep 25An Intrinsic Calculation For Okta, Inc. (NASDAQ:OKTA) Suggests It's 31% Undervalued
Sep 04Is Now The Time To Look At Buying Okta, Inc. (NASDAQ:OKTA)?
Aug 14Okta, Inc.'s (NASDAQ:OKTA) P/S Still Appears To Be Reasonable
Jul 27Is Okta (NASDAQ:OKTA) Using Debt Sensibly?
Jun 20Calculating The Intrinsic Value Of Okta, Inc. (NASDAQ:OKTA)
May 06What Is Okta, Inc.'s (NASDAQ:OKTA) Share Price Doing?
Apr 15Does Okta (NASDAQ:OKTA) Have A Healthy Balance Sheet?
Feb 14Estimating The Fair Value Of Okta, Inc. (NASDAQ:OKTA)
Dec 24Revenue & Expenses Breakdown
How Okta makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Jul 24 | 2,452 | -136 | 1,439 | 648 |
| 30 Apr 24 | 2,362 | -276 | 1,473 | 656 |
| 31 Jan 24 | 2,263 | -355 | 1,486 | 656 |
| 31 Oct 23 | 2,168 | -464 | 1,480 | 654 |
| 31 Jul 23 | 2,065 | -592 | 1,493 | 637 |
| 30 Apr 23 | 1,961 | -691 | 1,479 | 621 |
| 31 Jan 23 | 1,858 | -815 | 1,475 | 620 |
| 31 Oct 22 | 1,731 | -903 | 1,439 | 613 |
| 31 Jul 22 | 1,600 | -915 | 1,315 | 596 |
| 30 Apr 22 | 1,464 | -982 | 1,311 | 562 |
| 31 Jan 22 | 1,300 | -848 | 1,203 | 469 |
| 31 Oct 21 | 1,152 | -683 | 992 | 384 |
| 31 Jul 21 | 1,019 | -534 | 882 | 312 |
| 30 Apr 21 | 904 | -318 | 661 | 243 |
| 31 Jan 21 | 835 | -266 | 598 | 223 |
| 31 Oct 20 | 768 | -241 | 557 | 204 |
| 31 Jul 20 | 704 | -232 | 519 | 188 |
| 30 Apr 20 | 644 | -215 | 483 | 174 |
| 31 Jan 20 | 586 | -209 | 450 | 159 |
| 31 Oct 19 | 534 | -189 | 407 | 146 |
| 31 Jul 19 | 487 | -155 | 368 | 132 |
| 30 Apr 19 | 441 | -152 | 342 | 116 |
| 31 Jan 19 | 399 | -125 | 303 | 102 |
| 31 Oct 18 | 361 | -118 | 280 | 91 |
| 31 Jul 18 | 322 | -121 | 263 | 82 |
| 30 Apr 18 | 288 | -108 | 234 | 74 |
| 31 Jan 18 | 257 | -110 | 217 | 70 |
| 31 Oct 17 | 228 | -105 | 198 | 62 |
| 31 Jul 17 | 204 | -94 | 178 | 53 |
| 30 Apr 17 | 181 | -88 | 162 | 45 |
| 31 Jan 17 | 161 | -75 | 141 | 39 |
| 31 Oct 16 | 139 | -87 | 138 | 37 |
| 31 Jan 16 | 86 | -76 | 97 | 29 |
| 31 Jan 15 | 41 | -59 | 63 | 18 |
Quality Earnings: OKTA is currently unprofitable.
Growing Profit Margin: OKTA is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: OKTA is unprofitable, and losses have increased over the past 5 years at a rate of 14.1% per year.
Accelerating Growth: Unable to compare OKTA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: OKTA is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (-5%).
Return on Equity
High ROE: OKTA has a negative Return on Equity (-2.22%), as it is currently unprofitable.