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Compared to Estimates, Okta (OKTA) Q2 Earnings: A Look at Key Metrics

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For the quarter ended July 2025, Okta (OKTA - Free Report) reported revenue of $728 million, up 12.7% over the same period last year. EPS came in at $0.91, compared to $0.72 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $711.14 million, representing a surprise of +2.37%. The company delivered an EPS surprise of +8.33%, with the consensus EPS estimate being $0.84.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Okta performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Remaining performance obligations: $4.15 billion compared to the $4.1 billion average estimate based on six analysts.
  • Current remaining performance obligations (cRPO): $2.27 billion versus $2.2 billion estimated by six analysts on average.
  • Total Customers: 20,000 compared to the 20,426 average estimate based on three analysts.
  • Revenue- Subscription: $711 million versus the 11-analyst average estimate of $696.61 million. The reported number represents a year-over-year change of +12.5%.
  • Revenue- Professional services and other: $17 million compared to the $14.49 million average estimate based on 11 analysts. The reported number represents a change of +21.4% year over year.

View all Key Company Metrics for Okta here>>>

Shares of Okta have returned -6.6% over the past month versus the Zacks S&P 500 composite's +0.9% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

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