🔹 Revenue: $728M (Est. $711.8M) 🟢; UP +13% YoY
🔹 EPS: $0.91 (Est. $0.84) 🟢; UP +26% YoY
🔹 Subscription Revenue: $711M; UP +12% YoY
FY26 Guidance:
🔹 EPS: $3.33–$3.38 (Est. $3.28) 🟢
🔹 Revenue: $2.88B–$2.89B (Est. $2.86B) 🟢; UP +10–11% YoY
Q3 Guide:
🔹 Revenue: $728M–$730M (Est. $722.9M) 🟢; UP +9–10% YoY
🔹 Q3 EPS: $0.74–$0.75 (Est. $0.75) 🟡
Other Metrics:
🔹 RPO: $4.15B; UP +18% YoY
🔹 cRPO: $2.27B; UP +13% YoY
🔹 GAAP Net Income: $67M; UP +131% YoY
🔹 Non-GAAP Net Income: $169M; UP +29% YoY
🔹 Operating Cash Flow: $167M; UP +94% YoY
🔹 Free Cash Flow: $162M; UP +108% YoY
🔹 Non-GAAP Operating Income: $202M; 28% margin (vs. 23% prior year)
🔹 GAAP Operating Income: $41M (vs. -$19M prior year)
🔹 Cash & Investments: $2.86B
CEO Commentary:
🔸 “Okta’s unified identity platform is winning customers ranging from the world’s largest global organizations to massive government agencies.”
🔸 “Our solid Q2 results are highlighted by continued strength in new product adoption, the public sector, Auth0, and cash flow.”
🔸 “In the age of AI, Okta’s independence and neutrality will continue to give organizations the freedom to innovate securely and on their own terms.”
