Okta delivered solid Q3 FY2025 results with total revenue reaching $665 million, up 14% YoY, driven by 14% growth in subscription revenue. The company achieved non-GAAP operating income of $138 million, representing a 21% margin, significantly improved from 15% in the prior year. Current RPO grew 13% YoY to $2.062 billion.The company demonstrated strong cash generation with operating cash flow of $159 million (24% margin) and free cash flow of $154 million (23% margin). Cash and investments stood at $2.248 billion, with the company repurchasing $257 million in convertible notes during the quarter.For FY2025, Okta updated guidance projecting total revenue of $2.595-2.597 billion (15% growth), with non-GAAP operating margin of 22% and free cash flow margin of approximately 25%. Q4 outlook indicates continued growth with revenue expected at $667-669 million and non-GAAP operating margin of 23%.

Okta delivered solid Q3 FY2025 results with total revenue reaching $665 million, up 14% YoY, driven by 14% growth in subscription revenue. The company achieved non-GAAP operating income of $138 million, representing a 21% margin, significantly improved from 15% in the prior year. Current RPO grew 13% YoY to $2.062 billion.The company demonstrated strong cash generation with operating cash flow of $159 million (24% margin) and free cash flow of $154 million (23% margin). Cash and investments stood at $2.248 billion, with the company repurchasing $257 million in convertible notes during the quarter.For FY2025, Okta updated guidance projecting total revenue of $2.595-2.597 billion (15% growth), with non-GAAP operating margin of 22% and free cash flow margin of approximately 25%. Q4 outlook indicates continued growth with revenue expected at $667-669 million and non-GAAP operating margin of 23%.