Similar companies
| Company | Revenue | |
|---|---|---|
 |
SnowflakeSNOW |
944M 8.4% |
Income Statement (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Revenue | 681M | 4.9% |
| Gross Profit | 508M | 3.5% |
| Cost of Revenue | 523M | 4.4% |
| Operating expense | 524M | 2.7% |
| Net Income | 16M | 44.8% |
| EBITDA | 17M | 30.8% |
Balance Sheet (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Total Assets | 9.01B | 0.6% |
| Total Liabilities | 2.75B | 6.4% |
| Total Equity | 6.27B | 2.2% |
| Shares Outstanding | 170M | 1% |
Cash Flow (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Cash from operations | 159M | 84.9% |
| Cash from investing | -99M | 163.5% |
| Cash from financing | -265M | 430% |
EPS
Financial Highlights for Okta in Q4 '24
Okta reported a revenue of 681M, which is a 4.9% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 508M, marking a 3.5% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 523M, a 4.4% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 524M, showing a 2.7% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 16M, showing a -44.8% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 17M, showing a 30.8% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
Okta faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
