Okta Q4 Adjusted EPS Tops Estimates; Q1 Revenue Guides 9% Growth
Okta reported fiscal Q4 GAAP profit of $63 million (35¢ per share) and adjusted EPS of 90¢ on $761 million revenue, beating analyst estimates of 85¢ and $749.1 million. For Q1, it expects 9% revenue growth to $749–753 million and EPS of 84¢–86¢, the slowest since IPO.
1. Q4 Earnings Beat Expectations
Okta posted GAAP profit of $63 million, or $0.35 per share, and delivered adjusted earnings of $0.90 per share on revenue of $761 million, exceeding consensus estimates of $0.85 and $749.1 million respectively.
2. Q1 Guidance Shows Single-Digit Growth
For the quarter ending April, Okta projects revenue between $749 million and $753 million, implying 9% year-on-year growth, and expects adjusted EPS of $0.84 to $0.86, slightly below Street forecasts.
3. Full-Year Outlook
Okta expects full-year revenue of $3.17–3.19 billion and adjusted EPS of $3.74–$3.82 per share, guiding to continued but decelerating growth compared with prior years.
4. Market Impact and Growth Trends
This guidance represents the slowest revenue growth rate since the 2017 IPO, highlighting pressure from enterprise spending restraint and potential headwinds for future billings and cash flow.