Okta, Inc. is expected to release its Q3 2026 10-Q filing on August 26, 2026, after market close. Last quarter: Okta reported Q1 FY2027 revenue of $765M, up 11.2% year over year, while operating income rose 43.6% to $56M and operating cash flow increased 14.9% to $277M. Source: 10-Q Item 2 MD&A, pp.19-20, 26; 10-Q Income Statement and Cash Flow Statement (XBRL), p.N/A.
EPS Estimate
$0.98
Revenue Estimate
$808.88M
Analyst consensus from Finnhub and Financial Modeling Prep. Actual results posted within minutes of the SEC filing on the OKTA page.
Drawn from management commentary in the Q2 2026 10-Q:
Total revenue increased $77M, or 11%, to $765M in Q1 FY2027. Subscription revenue increased $77M to $750M, driven primarily by more users, additional solution sales to existing customers, and new customers; subscription revenue represented 98% of total revenue. Source: 10-Q Item 2 MD&A, pp.19-20.
Customers with annual contract value above $100,000 increased to 5,180 as of April 30, 2026 from 4,870 a year earlier. Dollar-based net retention was 107%, versus 106%, indicating that expansion within the existing customer base exceeded churn and contraction over the trailing 12 months. Source: 10-Q Item 2 MD&A, pp.20, 23-24.
Gross profit increased $62M to $595M and total gross margin rose to 78% from 77%. Subscription cost of revenue increased primarily because hosting fees rose $8M and labor costs rose $3M, while subscription gross margin remained 80%. Source: 10-Q Item 2 MD&A, pp.20-21.
Revenue
$765M
+11.19% YoY
EPS (Diluted)
$0.42
+20.00% YoY
Gross Margin
77.8%
+0.3 pts YoY
Operating Income
$56M
+43.59% YoY
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