Okta Financial Statements From 2010 to 2024
| OKTA Stock | USD 94.37 1.13 1.21% |
Gross Profit 1.3 B | Profit Margin (0.16) | Market Capitalization 15.6 B | Enterprise Value Revenue 6.8685 | Revenue 2.3 B |
Okta Total Revenue |
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Check Okta financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Okta main balance sheet or income statement drivers, such as Depreciation And Amortization of 49.1 M, Interest Expense of 7.6 M or Selling General Administrative of 472.5 M, as well as many exotic indicators such as Price To Sales Ratio of 5.68, Dividend Yield of 0.0 or PTB Ratio of 2.41. Okta financial statements analysis is a perfect complement when working with Okta Valuation or Volatility modules.
Okta | Select Account or Indicator |
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Okta Fundamental Market Drivers
| Forward Price Earnings | 43.29 | |
| Cash And Short Term Investments | 2.2 B |
Okta Upcoming Events
| 6th of March 2024 Upcoming Quarterly Report | View | |
| 29th of May 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 6th of March 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 31st of January 2023 Last Financial Announcement | View |
About Okta Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Okta income statement, its balance sheet, and the statement of cash flows. Okta investors use historical funamental indicators, such as Okta's revenue or net income, to determine how well the company is positioned to perform in the future. Although Okta investors may use each financial statement separately, they are all related. The changes in Okta's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Okta's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Okta Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Okta. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 1.5 B | 1.6 B | |
| Total Revenue | 2.3 B | 2.4 B | |
| Cost Of Revenue | 581 M | 610 M | |
| Stock Based Compensation To Revenue | 0.30 | 0.18 | |
| Sales General And Administrative To Revenue | 0.20 | 0.25 | |
| Research And Ddevelopement To Revenue | 0.29 | 0.34 | |
| Capex To Revenue | (0.01) | (0.01) | |
| Revenue Per Share | 13.83 | 14.52 | |
| Ebit Per Revenue | (0.23) | (0.24) |
Okta Investors Sentiment
The influence of Okta's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Okta. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Okta's public news can be used to forecast risks associated with an investment in Okta. The trend in average sentiment can be used to explain how an investor holding Okta can time the market purely based on public headlines and social activities around Okta Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Okta's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Okta's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Okta's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Okta.
Okta Implied Volatility | 47.47 |
Okta's implied volatility exposes the market's sentiment of Okta Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Okta's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Okta stock will not fluctuate a lot when Okta's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Okta in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Okta's short interest history, or implied volatility extrapolated from Okta options trading.
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Complementary Tools for Okta Stock analysis
When running Okta's price analysis, check to measure Okta's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Okta is operating at the current time. Most of Okta's value examination focuses on studying past and present price action to predict the probability of Okta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Okta's price. Additionally, you may evaluate how the addition of Okta to your portfolios can decrease your overall portfolio volatility.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |
Is Okta's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Okta. If investors know Okta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Okta listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.17) | Revenue Per Share 13.83 | Quarterly Revenue Growth 0.186 | Return On Assets (0.03) | Return On Equity (0.06) |
The market value of Okta Inc is measured differently than its book value, which is the value of Okta that is recorded on the company's balance sheet. Investors also form their own opinion of Okta's value that differs from its market value or its book value, called intrinsic value, which is Okta's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Okta's market value can be influenced by many factors that don't directly affect Okta's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Okta's value and its price as these two are different measures arrived at by different means. Investors typically determine if Okta is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Okta's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.