Okta reported its fiscal second quarter results on August 26, 2025, exceeding Wall Street projections. The company's revenue grew approximately 13% year-over-year to $728 million, surpassing LSEG consensus estimates of $711.6 million.
Net income for the quarter was $67 million, or $0.37 per share, a significant increase from $29 million, or $0.15 per share, in the same quarter last year. Adjusted earnings per share reached $0.91, beating consensus estimates of $0.85.
Okta raised its fiscal 2026 forecast, now expecting full-year adjusted earnings per share between $3.33 and $3.38, and revenue between $2.875 billion and $2.885 billion. This updated guidance no longer factors in caution due to economic conditions, reflecting management's increased optimism.
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