Filing Flows › Okta (OKTA) › Q4 FY25
Okta (OKTA) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Mar 5, 2025
Okta (OKTA) reported revenue of $682M for the fourth quarter fiscal 2025 (Q4 FY25), +13% from a year earlier and +3% from the quarter before. Operating margin was 1.2%, net earnings $23.0M (3.4% of revenue).
Okta, Q4 FY25: revenue $682M (+13% year over year), operating margin 1.2%, net earnings $23.0M, operating cash flow $286M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $682M | +3% | +13% |
| Gross profit | $524M | +3% | +14% |
| Operating profit | $8.0M | — | — |
| Net earnings | $23.0M | +44% | — |
| Operating cash flow | $286M | +80% | +64% |
| Free cash flow | $284M | — | — |
What changed
Revenue was $682.0M in Q4 FY25, up 13% year over year and up 3% from the previous quarter. Subscription was the largest line at 98% of revenue.
Gross margin was 76.8%, up 0.8 points from a year earlier. Operating profit was $8.0M, a 1.2% margin (up 14.9 points year over year). Operating expenses fell 5% while revenue rose 13%. Net earnings were $23.0M. The effective tax rate was 25.8%. Non-operating items added $23.0M, 74% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $286.0M (up 64% year over year), 1243% of net earnings. Non-cash charges added back $131.0M of share-based compensation. Working capital and other items added $132.0M. After purchases of property and equipment ($1.0M) and capitalized software ($1.0M), free cash flow as the company reports it was $284.0M.
Questions
What was Okta's revenue in the fourth quarter fiscal 2025?
Okta (OKTA) reported revenue of $682M for the fourth quarter fiscal 2025 (Q4 FY25), +13% from a year earlier and +3% from the quarter before.
Was Okta profitable in the fourth quarter fiscal 2025?
Operating profit was $8.0M (1.2% of revenue) and net earnings $23.0M.
Source: Okta 10-K on SEC EDGAR.