Balance Sheet Okta, Inc.

Equities

OKTA

US6792951054

IT Services & Consulting

Market Closed - Nasdaq Other stock markets 04:00:00 2025-07-10 pm EDT			5-day change	1st Jan Change
94.41 ^USD	-4.78%		-4.74%	+19.81%

Jul. 07	Arete Initiates Okta at Sell With $83 Price Target	MT
Jun. 25	Okta, Inc. Announces Resignation of Benjamin Horowitz from the Board of Directors	CI

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Published financial data: OKTA, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: January	2021	2022	2023	2024	2025
Revenues	835M	1.3B	1.86B	2.26B	2.61B
Total Revenues	835M	1.3B	1.86B	2.26B	2.61B
Cost of Goods Sold, Total	218M	395M	545M	581M	618M
Gross Profit	618M	906M	1.31B	1.68B	1.99B
Selling General & Admin Expenses, Total	599M	1.11B	1.47B	1.49B	1.41B
R&D Expenses	223M	469M	620M	656M	642M
Other Operating Expenses, Total	822M	1.58B	2.09B	2.14B	2.06B
Operating Income	-204M	-677M	-776M	-460M	-63M
Interest Expense, Total	-72.66M	-92.18M	-11M	-8M	-5M
Interest And Investment Income	12.89M	2.16M	21M	81M	106M
Net Interest Expenses	-59.77M	-90.02M	10M	73M	101M
Other Non Operating Income (Expenses)	-	-	-	-	-
EBT, Excl. Unusual Items	-264M	-767M	-766M	-387M	38M
Restructuring Charges	-	-	-29M	-56M	-11M
Merger & Related Restructuring Charges	-	-56.67M	-7M	-	-
Gain (Loss) On Sale Of Investments	-	7.61M	1M	-	-
Asset Writedown	-	-	-	-	-
Other Unusual Items	-2.26M	-33.98M	-	106M	19M
EBT, Incl. Unusual Items	-266M	-850M	-801M	-337M	46M
Income Tax Expense	141K	-1.28M	14M	18M	18M
Earnings From Continuing Operations	-266M	-848M	-815M	-355M	28M
Net Income to Company	-266M	-848M	-815M	-355M	28M
Net Income - (IS)	-266M	-848M	-815M	-355M	28M
Net Income to Common Incl Extra Items	-266M	-848M	-815M	-355M	28M
Net Income to Common Excl. Extra Items	-266M	-848M	-815M	-355M	28M
Per Share Items
Net EPS - Basic	-2.09	-5.73	-5.16	-2.17	0.17
Basic EPS - Continuing Operations	-2.09	-5.73	-5.16	-2.17	0.17
Basic Weighted Average Shares Outstanding	127M	148M	158M	164M	170M
Net EPS - Diluted	-2.09	-5.73	-5.16	-2.17	0.06
Diluted EPS - Continuing Operations	-2.09	-5.73	-5.16	-2.17	0.06
Diluted Weighted Average Shares Outstanding	127M	148M	158M	164M	175M
Normalized Basic EPS	-1.3	-3.24	-3.03	-1.48	0.14
Normalized Diluted EPS	-1.3	-3.24	-3.03	-1.48	0.14
American Depositary Receipts Ratio (ADR)	0.05	0.05	0.05	0.05	0.05
Supplemental Items
EBITDA	-178M	-608M	-662M	-376M	25M
EBITA	-204M	-647M	-683M	-373M	22M
EBIT	-204M	-677M	-776M	-460M	-63M
EBITDAR	-145M	-570M	-622M	-342M	56M
Total Revenues (As Reported)	835M	1.3B	1.86B	2.26B	2.61B
Effective Tax Rate - (Ratio)	-0.05	0.15	-1.75	-5.34	39.13
Current Domestic Taxes	147K	591K	2M	5M	7M
Current Foreign Taxes	1.29M	4.21M	5M	6M	9M
Total Current Taxes	1.44M	4.8M	7M	11M	16M
Deferred Domestic Taxes	56K	-8.74M	-	-	-
Deferred Foreign Taxes	-1.36M	2.66M	7M	7M	2M
Total Deferred Taxes	-1.3M	-6.09M	7M	7M	2M
Normalized Net Income	-165M	-479M	-479M	-242M	23.75M
Interest on Long-Term Debt	73.66M	92.15M	11M	8M	-
Supplemental Operating Expense Items
Advertising Expense	33.1M	78.9M	77M	65M	68M
Selling and Marketing Expenses	427M	770M	1.07B	1.04B	965M
General and Administrative Expenses	172M	343M	403M	450M	448M
Research And Development Expense From Footnotes	223M	469M	620M	656M	642M
Net Rental Expense, Total	33.08M	38.25M	40M	34M	31M
Imputed Operating Lease Interest Expense	12.51M	14.11M	1.6M	1.19M	1.1M
Imputed Operating Lease Depreciation	20.56M	24.14M	38.4M	32.81M	29.9M
Stock-Based Comp., COGS (Total)	29.98M	61.42M	83M	90M	94M
Stock-Based Comp., R&D Exp. (Total)	63.27M	193M	275M	277M	216M
Stock-Based Comp., S&M Exp. (Total)	53.8M	136M	159M	156M	131M
Stock-Based Comp., G&A Exp. (Total)	49.13M	175M	160M	161M	124M
Total Stock-Based Compensation	196M	565M	677M	684M	565M

Fiscal Period: January	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	435M	260M	264M	334M	409M
Short Term Investments	2.15B	2.24B	2.32B	1.87B	2.11B
Total Cash And Short Term Investments	2.59B	2.5B	2.58B	2.2B	2.52B
Accounts Receivable, Total	195M	398M	481M	559M	621M
Other Receivables	10.5M	6M	10M	20M	24M
Total Receivables	205M	404M	491M	579M	645M
Prepaid Expenses	35.56M	55.59M	66M	84M	107M
Restricted Cash	4.55M	5.01M	-	2M	1M
Other Current Assets, Total	45.95M	74.73M	92M	113M	140M
Total Current Assets	2.88B	3.04B	3.23B	2.98B	3.42B
Gross Property Plant And Equipment	235M	248M	229M	193M	173M
Accumulated Depreciation	-22.27M	-34.22M	-48M	-62M	-56M
Net Property Plant And Equipment	212M	213M	181M	131M	117M
Long-term Investments	-	15.3M	25M	26M	30M
Goodwill	48.02M	5.4B	5.4B	5.41B	5.45B
Other Intangibles, Total	27.01M	317M	241M	182M	138M
Deferred Charges Long-Term	109M	191M	210M	242M	267M
Other Long-Term Assets, Total	24.26M	26.99M	21M	22M	21M
Total Assets	3.3B	9.21B	9.31B	8.99B	9.44B
Liabilities
Accounts Payable, Total	8.56M	20.2M	12M	12M	13M
Accrued Expenses, Total	96.62M	192M	166M	215M	272M
Current Portion of Long-Term Debt	909M	16.19M	-	-	509M
Current Portion of Leases	23.4M	26.52M	32M	31M	27M
Current Income Taxes Payable	2.46M	7.42M	5M	4M	-
Unearned Revenue Current, Total	503M	973M	1.24B	1.49B	1.69B
Other Current Liabilities	3.15M	7.07M	8M	32M	11M
Total Current Liabilities	1.55B	1.24B	1.46B	1.78B	2.52B
Long-Term Debt	857M	1.82B	2.19B	1.15B	349M
Long-Term Leases	180M	171M	142M	112M	94M
Unearned Revenue Non Current	10.86M	22.93M	18M	23M	27M
Deferred Tax Liability Non Current	3.88M	9.42M	12M	16M	-
Other Non Current Liabilities	7.5M	22.36M	11M	14M	39M
Total Liabilities	2.6B	3.28B	3.84B	3.1B	3.03B
Preferred Stock Convertible	-	-	-	-	-
Total Preferred Equity	-	-	-	-	-
Common Stock, Total	13K	16K	-	-	-
Additional Paid In Capital	1.66B	7.75B	7.97B	8.72B	9.22B
Retained Earnings	-967M	-1.82B	-2.48B	-2.83B	-2.8B
Comprehensive Income and Other	5.39M	-12.01M	-33M	-6M	-12M
Total Common Equity	694M	5.92B	5.47B	5.89B	6.4B
Total Equity	694M	5.92B	5.47B	5.89B	6.4B
Total Liabilities And Equity	3.3B	9.21B	9.31B	8.99B	9.44B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	131M	157M	161M	167M	174M
ECS Total Common Shares Outstanding	131M	157M	161M	167M	173M
Book Value / Share	5.3	37.81	33.89	35.23	36.93
Tangible Book Value	619M	204M	-175M	300M	819M
Tangible Book Value Per Share	4.73	1.3	-1.08	1.8	4.72
Total Debt	1.97B	2.03B	2.37B	1.3B	979M
Net Debt	-618M	-473M	-213M	-905M	-1.54B
Debt Equivalent Oper. Leases	265M	306M	320M	272M	248M
Account Code - Inventory Valuation	3	3	-	3	3
Machinery, Total	15.19M	18.64M	19M	18M	15M
Full Time Employees	2.81K	5.03K	6.01K	5.91K	5.91K
Accumulated Allowance for Doubtful Accounts (Supple)	3.45M	4.36M	8M	6M	4M

Fiscal Period: January	2021	2022	2023	2024	2025
Net Income	-266M	-848M	-815M	-355M	28M
Depreciation & Amortization - CF	25.76M	38.61M	21M	-3M	3M
Amortization of Goodwill and Intangible Assets - (CF)	-	29.61M	93M	87M	85M
Depreciation & Amortization, Total	25.76M	68.22M	114M	84M	88M
Amortization of Deferred Charges, Total - (CF)	119M	183M	90M	107M	130M
(Gain) Loss on Sale of Investments - (CF)	-	-7.61M	-1M	-	-
Asset Writedown & Restructuring Costs	-	-	14M	28M	-
Stock-Based Compensation (CF)	196M	565M	677M	684M	565M
Tax Benefit from Stock Options	-	-	-	-	-
Other Operating Activities, Total	15.91M	2.31M	14M	-90M	-8M
Change In Accounts Receivable	-66.37M	-175M	-87M	-79M	-63M
Change In Accounts Payable	4.08M	6.76M	-6M	-	1M
Change in Unearned Revenues	142M	416M	264M	250M	207M
Change in Other Net Operating Assets	-42.6M	-107M	-178M	-117M	-198M
Cash from Operations	128M	104M	86M	512M	750M
Capital Expenditure	-13.08M	-12.31M	-12M	-8M	-8M
Sale of Property, Plant, and Equipment	-	-	-	-	-
Cash Acquisitions	-	-215M	-4M	-22M	-56M
Sale (Purchase) of Intangible assets	-4.28M	-4.45M	-11M	-16M	-12M
Investment in Marketable and Equity Securities, Total	-1.29B	-135M	-103M	487M	-238M
Cash from Investing	-1.31B	-367M	-130M	441M	-314M
Long-Term Debt Issued, Total	1.13B	-	-	-	-
Total Debt Issued	1.13B	-	-	-	-
Long-Term Debt Repaid, Total	-446K	-26K	-	-937M	-280M
Total Debt Repaid	-446K	-26K	-	-937M	-280M
Issuance of Common Stock	71.53M	89.09M	48M	61M	69M
Repurchase of Common Stock	-	-	-	-	-148M
Issuance of Preferred Stock	-	-	-	-	-
Other Financing Activities, Total	-114M	2K	-	-7M	-
Cash from Financing	1.09B	89.07M	48M	-883M	-359M
Foreign Exchange Rate Adjustments	2.26M	-2.35M	-6M	1M	-4M
Net Change in Cash	-83.32M	-176M	-2M	71M	73M
Supplemental Items
Cash Interest Paid	3.76M	5.7M	6M	5M	3M
Cash Income Tax Paid (Refund)	978K	3.12M	8M	14.3M	19M
Levered Free Cash Flow	235M	659M	489M	748M	810M
Unlevered Free Cash Flow	212M	630M	490M	750M	814M
Change In Net Working Capital	-84.66M	-339M	-123M	-189M	-90M
Net Debt Issued / Repaid	1.13B	-26K	-	-937M	-280M

Fiscal Period: January	2021	2022	2023	2024	2025
Profitability
Return on Assets	-4.86	-6.76	-5.24	-3.14	-0.43
Return on Total Capital	-6.12	-7.97	-6.14	-3.83	-0.54
Return On Equity %	-48.45	-25.65	-14.31	-6.25	0.46
Return on Common Equity	-48.45	-25.65	-14.31	-6.25	0.46
Margin Analysis
Gross Profit Margin %	73.94	69.66	70.67	74.33	76.32
SG&A Margin	71.71	85.61	79.06	65.66	54.14
EBITDA Margin %	-21.35	-46.79	-35.63	-16.62	0.96
EBITA Margin %	-24.44	-49.76	-36.76	-16.48	0.84
EBIT Margin %	-24.44	-52.04	-41.77	-20.33	-2.41
Income From Continuing Operations Margin %	-31.88	-65.25	-43.86	-15.69	1.07
Net Income Margin %	-31.88	-65.25	-43.86	-15.69	1.07
Net Avail. For Common Margin %	-31.88	-65.25	-43.86	-15.69	1.07
Normalized Net Income Margin	-19.74	-36.85	-25.77	-10.69	0.91
Levered Free Cash Flow Margin	28.18	50.65	26.33	33.03	31.05
Unlevered Free Cash Flow Margin	25.42	48.43	26.37	33.12	31.17
Asset Turnover
Asset Turnover	0.32	0.21	0.2	0.25	0.28
Fixed Assets Turnover	4.27	6.11	9.43	14.51	21.05
Receivables Turnover (Average Receivables)	5.14	4.39	4.23	4.35	4.42
Short Term Liquidity
Current Ratio	1.86	2.45	2.2	1.67	1.35
Quick Ratio	1.81	2.34	2.1	1.56	1.26
Operating Cash Flow to Current Liabilities	0.08	0.08	0.06	0.29	0.3
Days Sales Outstanding (Average Receivables)	71.18	83.14	86.34	83.87	82.74
Average Days Payable Outstanding	10.42	13.3	10.72	7.54	7.4
Long Term Solvency
Total Debt/Equity	283.7	34.26	43.3	22.03	15.28
Total Debt / Total Capital	73.94	25.52	30.22	18.05	13.26
LT Debt/Equity	149.4	33.54	42.72	21.5	6.92
Long-Term Debt / Total Capital	38.94	24.98	29.81	17.62	6
Total Liabilities / Total Assets	78.96	35.67	41.27	34.5	32.13
EBIT / Interest Expense	-2.81	-7.34	-70.55	-57.5	-12.6
EBITDA / Interest Expense	-2	-6.19	-56.55	-42.75	11.2
(EBITDA - Capex) / Interest Expense	-2.18	-6.32	-57.64	-43.75	9.6
Total Debt / EBITDA	-13.55	-3.56	-3.81	-3.79	17.48
Net Debt / EBITDA	4.25	0.83	0.34	2.65	-27.57
Total Debt / (EBITDA - Capex)	-12.43	-3.48	-3.73	-3.71	20.4
Net Debt / (EBITDA - Capex)	3.9	0.81	0.34	2.59	-32.17
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	42.55	55.63	42.92	21.8	15.33
Gross Profit, 1 Yr. Growth %	44.78	46.61	44.92	28.2	18.43
EBITDA, 1 Yr. Growth %	1.84	241.05	9.6	-43.8	-106.65
EBITA, 1 Yr. Growth %	11.94	216.92	6.22	-45.94	-105.9
EBIT, 1 Yr. Growth %	11.94	231.43	8.99	-41.25	-86.3
Earnings From Cont. Operations, 1 Yr. Growth %	27.48	218.55	-3.89	-56.44	-107.89
Net Income, 1 Yr. Growth %	27.48	218.55	-3.89	-56.44	-107.89
Normalized Net Income, 1 Yr. Growth %	37.24	191.17	-4.49	-49.94	-109.82
Diluted EPS Before Extra, 1 Yr. Growth %	17.47	173.74	-9.97	-57.94	-102.63
Accounts Receivable, 1 Yr. Growth %	49.73	104.04	20.85	16.22	11.09
Net Property, Plant and Equip., 1 Yr. Growth %	18.83	0.49	-15.02	-27.62	-10.69
Total Assets, 1 Yr. Growth %	68.7	179.06	1.1	-3.42	4.98
Tangible Book Value, 1 Yr. Growth %	90.59	-67.12	-185.78	-271.43	173
Common Equity, 1 Yr. Growth %	71.22	753.24	-7.7	7.72	8.78
Cash From Operations, 1 Yr. Growth %	130.14	-18.63	-17.31	495.35	46.48
Capital Expenditures, 1 Yr. Growth %	-15.28	-5.91	-7.69	-33.33	0
Levered Free Cash Flow, 1 Yr. Growth %	79.14	179.75	-23.21	54.2	4.51
Unlevered Free Cash Flow, 1 Yr. Growth %	73.53	196.48	-19.39	54.34	4.24
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	44.65	48.95	49.17	31.94	18.52
Gross Profit, 2 Yr. CAGR %	47.01	45.69	45.88	36.4	23.22
EBITDA, 2 Yr. CAGR %	23.26	86.37	99.1	-24.52	-80.67
EBITA, 2 Yr. CAGR %	30.64	88.35	88.12	-26.95	-82.14
EBIT, 2 Yr. CAGR %	30.64	92.61	95.04	-22.61	-71.63
Earnings From Cont. Operations, 2 Yr. CAGR %	45.68	101.52	75.04	-35.3	-81.46
Net Income, 2 Yr. CAGR %	45.68	101.52	75.04	-35.3	-81.46
Normalized Net Income, 2 Yr. CAGR %	45.01	99.6	70.66	-32.84	-77.81
Diluted EPS Before Extra, 2 Yr. CAGR %	33.92	79.32	57.05	-38.46	-89.48
Accounts Receivable, 2 Yr. CAGR %	44.4	74.79	57.13	18.51	13.62
Net Property, Plant and Equip., 2 Yr. CAGR %	10.38	9.27	-7.68	-21.58	-19.6
Total Assets, 2 Yr. CAGR %	83.07	116.98	67.97	-1.19	0.7
Tangible Book Value, 2 Yr. CAGR %	67.59	-20.84	-46.83	21.27	116.33
Common Equity, 2 Yr. CAGR %	65.83	282.22	180.63	-0.29	8.25
Cash From Operations, 2 Yr. CAGR %	190.42	36.84	-18.03	121.88	195.31
Capital Expenditures, 2 Yr. CAGR %	-18.74	-10.72	-3.92	-21.55	-18.35
Levered Free Cash Flow, 2 Yr. CAGR %	100.32	123.87	44.41	11.43	30.11
Unlevered Free Cash Flow, 2 Yr. CAGR %	98.69	126.82	51.97	14.38	29.44
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	48.22	48.22	46.9	39.42	26.15
Gross Profit, 3 Yr. CAGR %	52.03	46.88	45.45	39.69	30.13
EBITDA, 3 Yr. CAGR %	18.71	73.04	55.76	31.07	-66.42
EBITA, 3 Yr. CAGR %	22.62	75.54	55.29	24.56	-68.43
EBIT, 3 Yr. CAGR %	22.62	78.18	62.04	31.13	-56.55
Earnings From Cont. Operations, 3 Yr. CAGR %	34.34	89.09	57.42	10.1	-67.92
Net Income, 3 Yr. CAGR %	34.34	89.09	57.42	10.1	-67.92
Normalized Net Income, 3 Yr. CAGR %	34.26	82.8	58.48	13.74	-64.62
Diluted EPS Before Extra, 3 Yr. CAGR %	16.52	69.96	42.5	1.24	-78.48
Accounts Receivable, 3 Yr. CAGR %	54.28	62.04	54.62	42.1	15.99
Net Property, Plant and Equip., 3 Yr. CAGR %	156.81	6.98	0.42	-14.88	-18.1
Total Assets, 3 Yr. CAGR %	102.16	110.69	68.21	39.68	0.83
Tangible Book Value, 3 Yr. CAGR %	50.58	-2.62	-18.63	-21.45	58.93
Common Equity, 3 Yr. CAGR %	51.56	186.29	138.02	103.95	2.65
Cash From Operations, 3 Yr. CAGR %	71.79	90.03	15.65	58.74	93.2
Capital Expenditures, 3 Yr. CAGR %	25.94	-14.67	-8.06	-14.94	-14.94
Levered Free Cash Flow, 3 Yr. CAGR %	172.53	123.91	54.98	47.16	10.42
Unlevered Free Cash Flow, 3 Yr. CAGR %	163.34	127.05	58.78	52.3	12.41
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	57.61	51.89	48.59	41.48	34.82
Gross Profit, 5 Yr. CAGR %	65.41	53.91	49.5	42.54	36.09
EBITDA, 5 Yr. CAGR %	19.24	53.28	44.08	26.21	-32.25
EBITA, 5 Yr. CAGR %	21.86	54.01	43.89	25.54	-34.49
EBIT, 5 Yr. CAGR %	21.86	55.4	47.61	30.92	-19.15
Earnings From Cont. Operations, 5 Yr. CAGR %	28.4	62.42	49.3	23.12	-33.1
Net Income, 5 Yr. CAGR %	28.4	62.42	49.3	23.12	-33.1
Normalized Net Income, 5 Yr. CAGR %	28.27	59.34	47.68	25.26	-27.71
Diluted EPS Before Extra, 5 Yr. CAGR %	-13.34	7.77	31.26	13.2	-49.75
Accounts Receivable, 5 Yr. CAGR %	53.3	63	55.41	43.02	36.7
Net Property, Plant and Equip., 5 Yr. CAGR %	114.21	80.87	70.56	-5.55	-8.13
Total Assets, 5 Yr. CAGR %	85.61	134.21	87.72	55.64	37
Tangible Book Value, 5 Yr. CAGR %	26.88	-4.44	-0.7	6.36	20.32
Common Equity, 5 Yr. CAGR %	30.83	89.3	93.92	87.75	73.68
Cash From Operations, 5 Yr. CAGR %	25.24	19.85	27.79	102.14	68.26
Capital Expenditures, 5 Yr. CAGR %	26.16	14.51	12.87	-16.59	-12.32
Levered Free Cash Flow, 5 Yr. CAGR %	81.9	178.59	111.24	66.36	43.89
Unlevered Free Cash Flow, 5 Yr. CAGR %	78.19	176.11	111.31	69.35	46.06