Okta, Inc. Files 2024 Annual Report on Form 10-K
Ticker: OKTA · Form: 10-K · Filed: 2024-03-01T00:00:00.000Z
Sentiment: neutral
Topics: Okta, 10-K, Annual Report, Identity Management, Cybersecurity
TL;DR
<b>Okta, Inc. has submitted its 2024 Form 10-K detailing its fiscal year operations and financial standing.</b>
AI Summary
Okta, Inc. (OKTA) filed a Annual Report (10-K) with the SEC on March 1, 2024. Okta, Inc. filed its annual report on Form 10-K for the fiscal year ended January 31, 2024. The filing covers the period from February 1, 2023, to January 31, 2024. Okta is classified under SIC code 7372 for Prepackaged Software. The company's principal executive offices are located at 100 First Street, Suite 600, San Francisco, CA 94105. The filing was made with the SEC on March 1, 2024.
Why It Matters
For investors and stakeholders tracking Okta, Inc., this filing contains several important signals. This 10-K filing provides a comprehensive overview of Okta's business, financial condition, and results of operations for the fiscal year ended January 31, 2024, which is crucial for investors to assess the company's performance and future prospects. The detailed financial information and risk factors disclosed in this report are essential for stakeholders to understand the company's strategic direction, competitive landscape, and potential challenges in the identity and access management market.
Risk Assessment
Risk Level: medium — Okta, Inc. shows moderate risk based on this filing. The company operates in the highly competitive identity and access management sector, facing risks related to technological advancements, cybersecurity threats, and customer retention, as detailed in its risk factors section.
Analyst Insight
Investors should review Okta's detailed financial statements and risk disclosures in the 10-K to evaluate its growth strategies and competitive positioning.
Revenue Breakdown
| Segment | Revenue | Growth |
|---|---|---|
| Subscription and Circulation | ||
| Technology Service |
Key Numbers
- 2024-01-31 — Fiscal Year End (The end date of the reporting period)
- 2024-03-01 — Filing Date (Date the 10-K was filed)
- 7372 — SIC Code (Standard Industrial Classification for Prepackaged Software)
Key Players & Entities
- Okta, Inc. (company) — Filer of the 10-K report
- 100 First Street, Suite 600, San Francisco, CA 94105 (location) — Business and mailing address
- SEC (regulator) — Regulatory body receiving the filing
- 2024-01-31 (date) — Fiscal year end date
- 2024-03-01 (date) — Filing date
FAQ
When did Okta, Inc. file this 10-K?
Okta, Inc. filed this Annual Report (10-K) with the SEC on March 1, 2024.
What is a 10-K filing?
A 10-K is a comprehensive annual financial report required by the SEC, covering audited financials, business operations, risk factors, and management discussion. This particular 10-K was filed by Okta, Inc. (OKTA).
Where can I read the original 10-K filing from Okta, Inc.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Okta, Inc..
What are the key takeaways from Okta, Inc.'s 10-K?
Okta, Inc. filed this 10-K on March 1, 2024. Key takeaways: Okta, Inc. filed its annual report on Form 10-K for the fiscal year ended January 31, 2024.. The filing covers the period from February 1, 2023, to January 31, 2024.. Okta is classified under SIC code 7372 for Prepackaged Software..
Is Okta, Inc. a risky investment based on this filing?
Based on this 10-K, Okta, Inc. presents a moderate-risk profile. The company operates in the highly competitive identity and access management sector, facing risks related to technological advancements, cybersecurity threats, and customer retention, as detailed in its risk factors section.
What should investors do after reading Okta, Inc.'s 10-K?
Investors should review Okta's detailed financial statements and risk disclosures in the 10-K to evaluate its growth strategies and competitive positioning. The overall sentiment from this filing is neutral.
Risk Factors
- Competitive Landscape [high — market]: Okta operates in a highly competitive market for identity and access management solutions, facing competition from established players and emerging companies.
- Cybersecurity Risks [high — operational]: The company is subject to risks associated with data breaches and cybersecurity incidents, which could impact its reputation and customer trust.
- Profitability and Growth [medium — financial]: Sustaining profitability and achieving continued growth in a dynamic market presents ongoing financial challenges.
Key Dates
- 2024-01-31: Fiscal Year End — End of the reporting period for the 10-K.
- 2024-03-01: Filing Date — Date Okta, Inc. submitted its 10-K to the SEC.
From the Filing
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