For the quarter ended January 2026, Okta (OKTA) reported revenue of $761 million, up 11.6% over the same period last year. EPS came in at $0.90, compared to $0.78 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $749.1 million, representing a surprise of +1.59%. The company delivered an EPS surprise of +6.36%, with the consensus EPS estimate being $0.85.
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:
- Current remaining performance obligations (cRPO): $2.51 billion versus $2.45 billion estimated by six analysts on average.
- Remaining performance obligations: $4.83 billion versus the five-analyst average estimate of $4.65 billion.
- Total Customers: 20,000 compared to the 20,672 average estimate based on three analysts.
- Revenue- Subscription: $747 million versus the 11-analyst average estimate of $733.04 million. The reported number represents a year-over-year change of +11.5%.
- Revenue- Professional services and other: $14 million versus the 11-analyst average estimate of $15.27 million. The reported number represents a year-over-year change of +16.7%.
View all Key Company Metrics for Okta here>>>
Shares of Okta have returned -11.9% over the past month versus the Zacks S&P 500 composite's -1.3% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Okta, Inc. (OKTA): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
