Okta, Inc.

NasdaqGS-OKTA

Operating Activities	Oct '25	Jul '25	Apr '25	Jan '25	Oct '24	Jul '24
Net Income	43	67	62	23	16	29
Net Income
Depreciation & Amortization	24	24	24	15	67	25
Depreciation, Amortization and Accretion
Depreciation and Amortization
Share-Based Compensation Expense	138	144	128	131	135	148
Stock-Based Compensation
Other Adjustments	44	44	39	41	24	23.5
Amortization of Debt Issuance Costs
Amortization of Deferred Commissions
Deferred Income Taxes
Write-Off of Intangible Assets
Non-Cash Charitable Contributions
Lease Impairment Charges
Loss on Early Extinguishment and Conversion of Debt
Gain on Early Extinguishment of Debt
Net Gain on Strategic Investments
Other, Net
Changes in Trade Receivables	-47	-73	274	-157	-87	-70
Accounts Receivable
Changes in Accounts Payable	1	-1	-2	2	1	-1
Accounts Payable
Changes in Accrued Expenses	39	13	-99	15	45	-25
Accrued Compensation
Accrued Expenses and Other Liabilities
Changes in Unearned Revenue	11	-9	-134	277	26	5
Deferred Revenue
Changes in Other Operating Activities	-35	-43	-51	-69	-18	-49
Deferred Commissions
Change in Prepaid Expenses and Other Current and Noncurrent Assets
Prepaid Expenses and Other Assets
Operating Lease Right-of-Use Assets
Operating Lease Liabilities
Cash from Operating Activities	218	167	241	286	159	86
Net Cash Provided by Operating Activities

Investing Activities	Oct '25	Jul '25	Apr '25	Jan '25	Oct '24	Jul '24
Capital Expenditure	-4	-2	-1	-1	-1	-5
Purchases of Property and Equipment
Proceeds from Sale of Property, Plant & Equipment	—	—	—	—	—	—
Proceeds from Sales of Property and Equipment
Purchases of Intangible Assets	-3	-3	-2	-1	-4	-3
Capitalized Software
Purchases of Intangible Assets
Purchases of Investments	-336	-199	-521	-559	-474	-320
Purchases of Securities Available-for-Sale and Other
Proceeds from Sale of Investments	501	442.5	407	384.5	380	485
Proceeds from Maturities and Redemption of Securities Available-for-Sale
Proceeds from Sales of Securities Available-for-Sale and Other
Payments for Business Acquisitions	-53	-1.5	-3	—	—	-28
Payments for Business Acquisitions, Net of Cash Acquired
Cash from Investing Activities	105	238	-120	-177	-99	156
Net Cash Provided by Investing Activities

Financing Activities	Oct '25	Jul '25	Apr '25	Jan '25	Oct '24	Jul '24
Issuance of Long-Term Debt	—	—	—	—	—	—
Proceeds from Issuance of Convertible Senior Notes, Net of Issuance Costs
Repayments of Long-Term Debt	-510	—	—	-120	-240	-40
Payments Upon Maturity and Repurchases of Convertible Senior Notes
Principal Payments on Financing Arrangements
Net Issuance / (Repayments) of Long-Term Debt	-510	—	—	-120	-240	-40
Issuance of Common Shares	1	24	9	28	17	29
Proceeds from Initial Public Offering, Net of Underwriters' Discounts and Commissions
Proceeds from Stock Option Exercises
Proceeds from Shares Issued in Connection with Employee Stock Purchase Plan
Repurchases of Common Shares	-46	-48	-54	-35	-33	-39
Taxes Paid Related to Net Share Settlement of Equity Awards
Net Issuance / (Repurchases) of Common Shares	-45	-24	-45	-7	-16	-10
Other Financing Activities	—	2	—	—	—	—
Purchase of Convertible Senior Notes Hedge
Proceeds from Hedges Related to Convertible Senior Notes
Proceeds from Issuance of Warrants Related to Convertible Senior Notes
Payments for Warrants Related to Convertible Senior Notes
Payments of Deferred Offering Costs
Purchases of Capped Calls Related to Convertible Senior Notes
Proceeds from Settlement of Capped Calls Related to Convertible Senior Notes
Other, Net
Cash from Financing Activities	-555	-22	-45	-7	-265	-50
Net Cash Provided by Financing Activities

Free Cash Flow	Oct '25	Jul '25	Apr '25	Jan '25	Oct '24	Jul '24
Free Cash Flow	214	165	240	285	158	81
NOPAT	19.8	41	35.6	5.9	-10.2	-45.9
Levered Free Cash Flow	-431	49	-201	142	-104	-61
Unlevered Free Cash Flow	55.8	23	-227.4	244.9	109.8	-95.9
Net Change in Cash	-232	383	76	102	-205	192