OKTA Q1 2027 Earnings — Income Statement Breakdown
For its Q1 2027 period (ending 2026-04-30), OKTA reported revenue of $765M, gross profit of $595M (77.8% gross margin), operating income of $56M, and net income of $74M (9.7% net margin). The flow of revenue into costs and profit is visualized below.
What changed
OKTA was profitable; revenue grew 0.5% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +0.5% | +17.5% | +1.4 pp |
Consensus estimate data is not available for this report.
OKTA Q1 2027 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $765M | 100% |
| Cost of Revenue | −$170M | 22.2% |
| Gross Profit | $595M | 77.8% |
| Research & Development | −$163M | 21.3% |
| Selling, General & Administrative | −$376M | 49.2% |
| Operating Income | $56M | 7.3% |
| Interest Expense | −$1M | 0.1% |
| Other Income, net | $22M | 2.9% |
| Income Tax Expense | −$4M | 0.5% |
| Net Income | $74M | 9.7% |
Source: original SEC filing (filed 2026-05-28). Accession 0001660134-26-000050. Data normalized by EarningsFyi.