Okta Posts 13% Revenue Gain in Q2

Okta (NASDAQ:OKTA), an identity and access management software company, reported fiscal 2026 second-quarter results on Aug. 26, 2025, that showed robust profitability and cash flow. It posted revenue of $728 million, which was up 13% year over year. Adjusted earnings per share (EPS) climbed to $0.91 versus the year-ago quarter's $0.72, while free cash flow soared to $162 million, up over 100% year over year. On the downside, guidance for the upcoming quarter and fiscal year signals management's heightened caution. The period showed disciplined cost control and margin improvement but continued a trend of slowing topline growth, with sequential bookings and current remaining performance obligations (cRPO) growth showing signs of plateauing.Source: Okta. Note: The fiscal 2026 second quarter ended July 31, 2025.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool