Okta reported solid earnings and exceeded management expectations across several key metrics. Okta (OKTA -0.45%), a leader in identity and access management solutions, reported its second-quarter fiscal year 2025 results on Aug. 28, 2024. The company delivered strong financial performance, surpassing management's expectations in several key areas. Total revenue was $646 million, beating the forecasted range of $631 million to $633 million. NonGAAP operating income was $148 million, significantly above the e ...

财务数据和关键指标变化 - 公司在Q2实现了GAAP盈利,这是首次实现GAAP盈利 [29] - 公司的营收增长和自由现金流率均超出预期,显示出良好的经营效率 [29] - 大客户(1百万美元以上ACV)是公司最快增长的客户群体 [30] - 公司已有超过40%的全球2000强企业成为客户,这代表了巨大的增长潜力 [30] 各条业务线数据和关键指标变化 - 公司的身份管理产品(OIG)在不到2年时间内已有超过1000个客户 [20] - 公司的特权访问管理(PAM)产品正在获得良好的市场反响,正在与公司的其他身份产品进行打包销售 [96][97][98] - 公司的身份威胁检测和响应(ITDR)产品也受到了客户的欢迎,包括一些知名的安全公司 [101][102][103] 各个市场数据和关键指标变化 - 中小企业市场受到宏观环境影响,续约率和新客户增长都低于大企业市场 [73][75][76] - 公司正在通过专业化销售团队和渠道合作伙伴来提升在中小企业市场的表现 [110][111] 公司战略和发展方向及行业竞争 - 公司将身份安全作为首要战略重点,不断加强自身安全能力,并帮助客户提升身份安全防护 [17][18][19] - 公司正在通过新产品和渠道合作伙伴来推动业务增长,特别是在大型企业市场 [20][21][22] - 公司看到自身作为独立的身份平台供应商相比封闭的平台公司更有优势 [47][48][49] 管理层对经营环境和未来前景的评论 - 宏观经济环境仍然充满挑战,导致客户在新增用户和扩展使用方面更加谨慎 [26][62][63][73] - 公司对未来保持谨慎乐观态度,将继续专注于安全、增长和规模效益 [16][32][33] 其他重要信息 - 公司将在10月15-17日举办Oktane大会,届时将发布更多产品和战略信息 [15] - 公司将参加多场投资者会议,与分析师和投资者进行交流 [112]

For the quarter ended July 2024, Okta (OKTA) reported revenue of $646 million, up 16.2% over the same period last year. EPS came in at $0.72, compared to $0.31 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $632.24 million, representing a surprise of +2.18%. The company delivered an EPS surprise of +18.03%, with the consensus EPS estimate being $0.61. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expect ...

业绩总结 - Q2 FY25总收入为6.46亿美元，同比增长16%[23] - Q2 FY25订阅收入为6.32亿美元，同比增长17%[23] - 剩余履行义务（RPO）为35.05亿美元，同比增长16%[23] - 当前剩余履行义务（cRPO）为19.95亿美元，同比增长13%[23] - TTM美元基础净留存率为110%，下降5个百分点[23] - 非GAAP毛利率为81.7%，上升1.9个百分点[23] - 非GAAP订阅毛利率为83.6%，上升1.1个百分点[23] - 非GAAP运营利润率为23.0%，上升12.4个百分点[23] - 自由现金流利润率为12.2%，上升3.5个百分点[23] - 总客户数为19,300，同比增长5%[23] 未来展望 - FY25的总收入预计在$2,555百万到$2,565百万之间，同比增长13%[34] - FY25第三季度的总收入预计在$648百万到$650百万之间，同比增长11%[28] - FY25的非GAAP稀释每股净收益预计在$2.58到$2.63之间[34] - FY24的非GAAP运营收入预计在$535百万到$545百万之间[34] - 非GAAP自由现金流利润率在FY25预计为~23%[34] 用户数据 - 超过$100K年合同价值的客户数量在Q2 FY25达到4,620[32] - 当前剩余业绩义务（Current RPO）同比增长13%，达到$3,385百万[28] - TTM美元基础净留存率（Dollar-based Net Retention Rate）在Q2 FY25为111%[29] 财务数据 - GAAP订阅毛利润为920百万美元，非GAAP订阅毛利润为1,005百万美元[48] - GAAP总运营费用为1,672百万美元，FY23的总运营费用为2,124百万美元[50] - GAAP净收入（损失）为（848）百万美元，FY23总计为（815）百万美元[51] - 自由现金流为$87百万，较上一季度的$11百万增长了$76百万[52] - 运营现金流利润率为8.0%，较上一季度的4.5%上升了3.5个百分点[52] 成本与支出 - GAAP研发费用为469百万美元，非GAAP研发费用为276百万美元，占收入的21.2%[49] - GAAP销售和营销费用为771百万美元，非GAAP销售和营销费用为602百万美元，占收入的46.3%[49] - GAAP一般和行政费用为432百万美元，非GAAP一般和行政费用为197百万美元，占收入的15.2%[49] - 非GAAP研发费用占收入的18.5%[49] - 非GAAP销售和营销费用占收入的46.7%[49] 市场表现 - 美国市场收入为$1,036百万，较上一季度的$325百万增长了$711百万[53] - 国际市场收入为$264百万，较上一季度的$90百万增长了$174百万[53] - 总收入为$1,300百万，较上一季度的$415百万增长了$885百万[53] 员工与运营 - 总员工人数为5,030人，年同比增长79%[53] - 自由现金流为$87百万，全年累计为$305百万[52]

Okta (OKTA) came out with quarterly earnings of $0.72 per share, beating the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.31 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 18.03%. A quarter ago, it was expected that this cloud identity management company would post earnings of $0.54 per share when it actually produced earnings of $0.65, delivering a surprise of 20.37%. Over the last four quarte ...

财务业绩 - 第二季度收入同比增长16%，订阅收入同比增长17%[1] - 公司三个月和六个月期间的总收入分别为6.46亿美元和12.63亿美元，同比增长16.2%和17.6%[20] - 公司三个月和六个月期间的订阅收入分别为6.32亿美元和12.35亿美元，同比增长16.6%和18.2%[20] - 第三季度预计总收入6.48亿美元至6.50亿美元，同比增长11%[5] - 全年预计总收入25.55亿美元至25.65亿美元，同比增长13%[5] 盈利能力 - 创下盈利纪录，首次实现GAAP盈利[1] - 公司三个月和六个月期间的净利润分别为2900万美元和-1100万美元，上年同期分别为-1.11亿美元和-2.3亿美元[20] - 三个月期间,非GAAP营业收入为1.48亿美元,非GAAP营业利润率为23%[30] - 六个月期间,非GAAP净收入为2.48亿美元,非GAAP净利润率为20%[33] - 第三季度预计非GAAP营业利润118百万美元至120百万美元，非GAAP营业利润率18%[5] - 全年预计非GAAP营业利润535百万美元至545百万美元，非GAAP营业利润率21%[5] 现金流 - 经营活动现金流86百万美元，自由现金流78百万美元[1] - 公司现金及现金等价物为5.15亿美元，较上年度末增加5.81亿美元[22] - 公司经营活动产生的现金流量为3.05亿美元，同比增加67.6%[24] - 三个月期间,自由现金流为7800万美元,自由现金流率为12%[37] - 六个月期间,自由现金流为2.92亿美元,自由现金流率为23%[37] - 全年预计自由现金流率约23%[5] 其他 - 当前剩余履约义务(cRPO)同比增长13%至19.95亿美元[1] - 公司使用非GAAP财务指标以提供更好的可比性和补充GAAP财务信息[9][10][11][12][13][14] - 公司更新了非GAAP营业收入和非GAAP营业利润率的定义,包括了某些非普通法律诉讼和相关费用[31][32] - 公司三个月和六个月期间的毛利率分别为76%和76%，非GAAP毛利率分别为82%和82%[28] - 公司三个月和六个月期间的研发费用分别为1.64亿美元和3.27亿美元，同比下降4.7%和2.4%[20] - 公司三个月和六个月期间的销售及市场费用分别为2.38亿美元和4.74亿美元，同比下降8.8%和8.3%[20] - 公司短期投资为18.43亿美元，较上年度末减少0.25亿美元[22] - 公司应收账款净额为3.77亿美元，较上年度末减少1.82亿美元[22]

Okta (OKTA) is set to release second-quarter fiscal 2025 results on Aug 28. For the fiscal second quarter, it anticipates non-GAAP earnings in the range of 60-61 cents per share. Revenues are expected in the range of $631-$633 million, indicating growth of 13-14% from the year-ago period's reported figure. The Zacks Consensus Estimate for earnings has remained steady at 61 cents per share over the past 30 days, indicating year-over-year growth of 96.77%. The consensus mark for revenues is pegged at $632.24 ...

Okta (OKTA) shares have gained a modest 7.3% year to date (YTD), underperforming the broader Zacks Computer & Technology sector's return of 22.8% but outperforming the Zacks Internet Software-Services industry's gain of 3.9%. OKTA has been suffering from a challenging macroeconomic environment and the negative impact of the security breach. It expects current remaining performance obligation growth between 10% and 11% which is lower than 15% reported in the first quarter of fiscal 2025. However, we believe ...

Wall Street analysts forecast that Okta (OKTA) will report quarterly earnings of $0.61 per share in its upcoming release, pointing to a year-over-year increase of 96.8%. It is anticipated that revenues will amount to $632.24 million, exhibiting an increase of 13.7% compared to the year-ago quarter. Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period. Prior to ...

Okta (OKTA) shares have gained 14% in the past six months, underperforming the broader Zacks Computer & Technology sector’s return of 15.4% but outperforming the Zacks Internet Software and Services industry’s decline of 1.6%. OKTA is benefiting from an expanding clientele driven by the strong adoption of its Identity Threat Protection solution. It exited the first quarter of fiscal 2025 with the total customer count increasing 6% year over year to 19,100. Customers with more than $100K in Annual Contract V ...