AI brief of an SEC Form 8-K · Okta (OKTA)

Okta Q1 revenue rises 11% to $765 million; GAAP EPS $0.42 vs. $0.35

Positive Impact 3 of 5 earnings Written later

Okta reported first-quarter fiscal 2027 results for the period ended April 30, 2026, with total revenue up 11% year-over-year to $765 million and GAAP diluted net income per share of $0.42, up from $0.35. The company set full-year fiscal 2027 revenue guidance of $3.185 billion to $3.205 billion, representing 9% to 10% growth, and reported $248 million in common stock repurchases in the quarter. Non-GAAP operating margin fell to 25% from 27% a year earlier.

Key points

  • Total revenue of $765 million, up 11% from $688 million a year earlier
  • GAAP diluted EPS of $0.42 vs. $0.35; non-GAAP diluted EPS of $0.91 vs. $0.86
  • Non-GAAP operating margin of 25% vs. 27% in the prior-year quarter
  • Full-year fiscal 2027 revenue guidance of $3.185 billion to $3.205 billion; Q2 revenue guidance of $790 million to $794 million

The filing

CompanyOkta (OKTA)
Form8-K, current report
Filed with the SECMay 28, 2026, 4:03 PM ET
Accession number0001660134-26-000050

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 28, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.