Okta Inc. Reports Q1 Revenue Increase to $688M, Net Income Per Share Rises to $0.35

Reuters
28 May
<a href="https://laohu8.com/S/OKTA">Okta Inc.</a> Reports Q1 Revenue Increase to $688M, Net Income Per Share Rises to $0.35

Okta Inc., The World's Identity Company™, reported its financial results for the three months ended April 30, 2025. The company reported a net income per share of $0.35, compared to a loss of $0.24 per share in the same period the previous year. On a non-GAAP basis, net income per share was $0.86, up from $0.65 in the corresponding period of the previous year. The net cash provided by operating activities was $241 million, an increase from $219 million reported for the same quarter last year. Free cash flow, a non-GAAP measure, reflects the net cash from operating activities minus capital expenditures for property, equipment, and capitalized software. Okta continues its focus on securing identity, empowering businesses and developers to harness the power of identity for security and efficiency purposes. The company maintains a commitment to protect its users, employees, and partners. No specific outlook or guidance figures were provided in the current document.

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