Okta, Inc. logo

OKTA

Okta, Inc.

$93.8

Earnings Summary

Revenue
$605Mn
Net Profits
$-44Mn
Net Profit Margins
-7.27%

Highlights

Revenue:

Okta, Inc.’s revenue jumped 18.63% since last year same period to $605Mn in the Q1 2024. On a quarterly growth basis, Okta, Inc. has generated 3.6% jump in its revenue since last 3-months.

Net Profits:

Okta, Inc.’s net profit jumped 71.24% since last year same period to $-44Mn in the Q1 2024. On a quarterly growth basis, Okta, Inc. has generated 45.68% jump in its net profits since last 3-months.

Net Profit Margins:

Okta, Inc.’s net profit margin jumped 75.76% since last year same period to -7.27% in the Q1 2024. On a quarterly growth basis, Okta, Inc. has generated 47.56% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Okta, Inc. post its latest quarter earnings

EPS Estimate Current Quarter
0.54
EPS Estimate Current Year
0.54

Highlights

EPS Estimate Current Quarter:

Okta, Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.54 - a 5.88% jump from last quarter’s estimates.

EPS Estimate Current Year:

Okta, Inc.’s earning per share (EPS) estimates for the current year stand at 0.54.

Key Ratios

Key ratios of the Okta, Inc. post its Q1 2024 earnings

Earning Per Share (EPS)
0.63
Return on Assets (ROA)
-0.03
Return on Equity (ROE)
-0.06

Highlights

Earning Per Share (EPS):

Okta, Inc.’s earning per share (EPS) jumped 110% since last year same period to 0.63 in the Q1 2024. This indicates that the Okta, Inc. has generated 110% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Okta, Inc.’s return on assets (ROA) stands at -0.03.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Okta, Inc.’s return on equity (ROE) stands at -0.06.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-03-01
0.51
0.63
23.53%