โ
๐ ๐๐๐ฌ๐ฎ๐ฅ๐ญ๐ฌ
โข Adj. EPS: $1.05 (Est. $0.84) โ
โข Revenue: $805M (Est. $800.5M) โ
โข cRPO: $2.585B, +14% YoY.
โข RPO: $4.858B, +17% YoY.
โข Adj. Operating Margin: 28%.
โข Free Cash Flow: $227M, +40% YoY.
โ
๐ฏ ๐๐ฎ๐ข๐๐๐ง๐๐
โข Q3 FY2027 Revenue: $813Mโ$817M (Est. $816.6M) ๐ก
โข Q3 FY2027 Adj. EPS: $0.92โ$0.94 (Est. $0.85) โ
โข FY2027 Revenue: $3.216Bโ$3.226B (Est. $3.21B) โ
โข FY2027 Adj. EPS: $3.90โ$3.94 (Est. $3.53) โ
โข FY2027 Adj. Operating Margin: 26%.
โข FY2027 Free Cash Flow: $910Mโ$930M.
โ
๐ ๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ
โข Revenue grew 11% YoY and subscription revenue increased 12%, while cRPO growth accelerated to 14%.
โข RPO climbed 17% YoY to $4.86B, reflecting continued strength in subscription backlog.
โข Free cash flow increased 40% YoY to $227M, with FCF margin expanding to 28% from 22%.
โข Core workforce and customer identity drove ACV acceleration, while new products led by Okta Identity Governance contributed to growth.
โข Management sees identity becoming increasingly critical as enterprises deploy AI agents and require controls around access, governance, and security.
โ
๐ฌ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐จ๐ฆ๐ฆ๐๐ง๐ญ๐๐ซ๐ฒ
"As AI agents transform every layer of technology, every agent needs a trusted identity and clear controls over what it can access and do."