Filing Flows › Okta (OKTA) › Q4 FY26
Okta (OKTA) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Mar 5, 2026
Okta (OKTA) reported revenue of $761M for the fourth quarter fiscal 2026 (Q4 FY26), +12% from a year earlier and +3% from the quarter before. Operating margin was 6.0%, net earnings $63.0M (8.3% of revenue).
Okta, Q4 FY26: revenue $761M (+12% year over year), operating margin 6.0%, net earnings $63.0M, operating cash flow $258M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $761M | +3% | +12% |
| Gross profit | $593M | +4% | +13% |
| Operating profit | $46.0M | +100% | +475% |
| Net earnings | $63.0M | +47% | +174% |
| Operating cash flow | $258M | +18% | -10% |
| Free cash flow | $252M | — | — |
What changed
Revenue was $761.0M in Q4 FY26, up 12% year over year and up 3% from the previous quarter. Subscription was the largest line at 98% of revenue.
Gross margin was 77.9%, up 1.1 points from Q4 FY25. Operating profit was $46.0M, a 6.0% margin (up 4.9 points year over year). Of the extra revenue versus Q4 FY25, 48% reached operating profit, above the 1% margin then. Operating expenses grew 6% against revenue growth of 12%. The fastest-growing cost line was Sales & marketing (+12%). Net earnings were $63.0M, up 174% year over year. The effective tax rate was 10.0%. Non-operating items added $24.0M, 34% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $258.0M (down 10% year over year), 410% of net earnings. Non-cash charges added back $134.0M of share-based compensation. Working capital and other items added $61.0M. After capitalized software ($4.0M) and purchases of property and equipment ($2.0M), free cash flow as the company reports it was $252.0M.
Questions
What was Okta's revenue in the fourth quarter fiscal 2026?
Okta (OKTA) reported revenue of $761M for the fourth quarter fiscal 2026 (Q4 FY26), +12% from a year earlier and +3% from the quarter before.
Was Okta profitable in the fourth quarter fiscal 2026?
Operating profit was $46.0M (6.0% of revenue) and net earnings $63.0M.
Source: Okta 10-K on SEC EDGAR.