Okta, Inc. Files Q1 Fiscal 2025 10-Q Report

Ticker: OKTA · Form: 10-Q · Filed: 2024-05-30T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, financials, quarterly-report

TL;DR

Okta's Q1 FY25 10-Q is in. Check financials.

AI Summary

Okta, Inc. filed its 10-Q report for the period ending April 30, 2024. The filing covers the first quarter of their fiscal year 2025. Key financial data and operational details for this period are presented, with the company's fiscal year ending on January 31st.

Why It Matters

This filing provides investors with an update on Okta's financial performance and operational status for the first quarter of fiscal year 2025, crucial for understanding the company's trajectory.

Risk Assessment

Risk Level: medium — 10-Q filings are standard financial reports, but the specific details within can reveal significant risks or opportunities.

Key Numbers

Key Players & Entities

FAQ

What is the accession number for this 10-Q filing?

The accession number for this 10-Q filing is 0001660134-24-000088.

What is the period of report for this 10-Q filing?

The period of report for this 10-Q filing is April 30, 2024.

When does Okta, Inc.'s fiscal year end?

Okta, Inc.'s fiscal year ends on January 31st.

What is the SIC code for Okta, Inc.?

The Standard Industrial Classification (SIC) code for Okta, Inc. is 7372, which falls under SERVICES-PREPACKAGED SOFTWARE.

What is the filing date of this 10-Q report?

This 10-Q report was filed on May 30, 2024.

From the Filing

0001660134-24-000088.txt : 20240530 0001660134-24-000088.hdr.sgml : 20240530 20240529181643 ACCESSION NUMBER: 0001660134-24-000088 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 65 CONFORMED PERIOD OF REPORT: 20240430 FILED AS OF DATE: 20240530 DATE AS OF CHANGE: 20240529 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Okta, Inc. CENTRAL INDEX KEY: 0001660134 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 264175727 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-38044 FILM NUMBER: 241000070 BUSINESS ADDRESS: STREET 1: 100 FIRST STREET STREET 2: SUITE 600 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: 888-722-7871 MAIL ADDRESS: STREET 1: 100 FIRST STREET STREET 2: SUITE 600 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 10-Q 1 okta-20240430.htm 10-Q okta-20240430 false 0001660134 January 31 2025 Q1 33 33 33 204 112 255 xbrli:shares iso4217:USD iso4217:USD xbrli:shares okta:tradingDay okta:employee okta:investment xbrli:pure okta:plaintiff 0001660134 2024-02-01 2024-04-30 0001660134 us-gaap:CommonClassAMember 2024-05-24 0001660134 us-gaap:CommonClassBMember 2024-05-24 0001660134 2024-04-30 0001660134 2024-01-31 0001660134 us-gaap:CommonClassAMember 2024-04-30 0001660134 us-gaap:CommonClassAMember 2024-01-31 0001660134 us-gaap:CommonClassBMember 2024-04-30 0001660134 us-gaap:CommonClassBMember 2024-01-31 0001660134 us-gaap:SubscriptionAndCirculationMember 2024-02-01 2024-04-30 0001660134 us-gaap:SubscriptionAndCirculationMember 2023-02-01 2023-04-30 0001660134 us-gaap:TechnologyServiceMember 2024-02-01 2024-04-30 0001660134 us-gaap:TechnologyServiceMember 2023-02-01 2023-04-30 0001660134 2023-02-01 2023-04-30 0001660134 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2024-01-31 0001660134 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2024-01-31 0001660134 us-gaap:AdditionalPaidInCapitalMember 2024-01-31 0001660134 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-31 0001660134 us-gaap:RetainedEarningsMember 2024-01-31 0001660134 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2024-02-01 2024-04-30 0001660134 us-gaap:AdditionalPaidInCapitalMember 2024-02-01 2024-04-30 0001660134 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-02-01 2024-04-30 0001660134 us-gaap:RetainedEarningsMember 2024-02-01 2024-04-30 0001660134 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2024-04-30 0001660134 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2024-04-30 0001660134 us-gaap:AdditionalPaidInCapitalMember 2024-04-30 0001660134 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-04-30 0001660134 us-gaap:RetainedEarningsMember 2024-04-30 0001660134 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2023-01-31 0001660134 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2023-01-31 0001660134 us-gaap:AdditionalPaidInCapitalMember 2023-01-31 0001660134 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-31 0001660134 us-gaap:RetainedEarningsMember 2023-01-31 0001660134 2023-01-31 0001660134 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2023-02-01 2023-04-30 0001660134 us-gaap:AdditionalPaidInCapitalMember 2023-02-01 2023-04-30 0001660134 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-02-01 2023-04-30 0001660134 us-gaap:RetainedEarningsMember 2023-02-01 2023-04-30 0001660134 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2023-04-30 0001660134 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2023-04-30 0001660134 us-gaap:AdditionalPaidInCapitalMember 2023-04-30 0001660134 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-04-30 0001660134 us-gaap:RetainedEarningsMember 2023-04-30 0001660134 2023-04-30 0001660134 okta:A2024RestructuringPlanMember 2023-11-01 2024-01-31 0001660134 us-gaap:EmployeeSeveranceMember 2024-01-31 0001660134 us-gaap:EmployeeSeveranceMember 2024-02-01 2024-04-30 0001660134 us-gaap:EmployeeSeveranceM

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