Okta Second Quarter 2025 Earnings: Beats Expectations

Simply Wall St · 08/30 11:30

Okta (NASDAQ:OKTA) Second Quarter 2025 Results

Key Financial Results

  • Revenue: US$646.0m (up 16% from 2Q 2024).
  • Net income: US$29.0m (up from US$111.0m loss in 2Q 2024).
  • Profit margin: 4.5% (up from net loss in 2Q 2024). The move to profitability was primarily driven by higher revenue.
  • EPS: US$0.17 (up from US$0.68 loss in 2Q 2024).
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NasdaqGS:OKTA Earnings and Revenue Growth August 30th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Okta Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the IT industry in the US.

Performance of the American IT industry.

The company's shares are down 20% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Okta that you should be aware of.