Okta Inc - Class A

Okta closed out Q4 FY2025 on a high note, posting non-GAAP EPS of $0.78 against a consensus estimate of $0.7362 — a 5.95% beat — while revenue of $682.00 million topped expectations by 1.92% and grew 12.7% year-over-year. The standout driver behind the quarter's record profitability was a dramatic improvement in operating leverage: the company swung to a GAAP operating income of $8.00 million from a loss of $83.00 million a year ago, while non-GAAP operating income reached $168.00 million at a 25% margin. Cash generation was equally compelling, with free cash flow of $284.00 million representing a 42% margin and roughly doubling year-over-year. Remaining performance obligations surged 25% to $4.21 billion, signaling strengthening deal activity and improving revenue visibility — though <a href="https://247wallst.com/investing/2026/01/22/oktas-profits-are-up-but-its-credibility-still-hasnt-recovered/">questions about long-term credibility</a> linger for some investors. Looking ahead, Okta guided FY2026 revenue to $2.85–$2.86 billion at 9–10% growth, with non-GAAP EPS of $3.15–$3.20, as management adopts a prudent stance amid an ongoing go-to-market reorganization.