Okta FY27 Q2 GAAP net income rises to $116 million; revenue increases 11% year-over-year to $805 million

Reuters2026/08/26 19:53

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Okta posted Q2 fiscal 2027 revenue of $805 million, up 11% year over year; GAAP net income rose to $116 million.
Subscription backlog climbed, with RPO up 17% to $4.86 billion; cRPO increased 14% to $2.59 billion.
GAAP operating income widened to $107 million, lifting operating margin to 13% from 6% a year earlier.
Operating cash flow increased to $234 million; free cash flow rose to $227 million.
Forecast Q3 revenue of $813 million-$817 million; sees FY2027 revenue of $3.22 billion-$3.23 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Okta Inc. published the original content used to generate this news brief on August 26, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Okta FY27 Q2 GAAP net income rises to $116 million; revenue increases 11% year-over-year to $805 million

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