Okta, Inc. filed its Form 10-Q with the SEC on August 27, 2026, covering the quarterly period ended July 31, 2026, disclosing condensed consolidated balance sheet figures and share counts for the second quarter of fiscal year 2027.

Key Highlights

  • Total assets: Okta reported total assets of $9,138 million as of July 31, 2026, down from $9,710 million as of January 31, 2026.
  • Cash and short-term investments: Cash and cash equivalents stood at $763 million, with short-term investments of $1,536 million, as of July 31, 2026.
  • Accumulated deficit narrowed: The accumulated deficit decreased to $2,377 million as of July 31, 2026, from $2,567 million as of January 31, 2026.
  • Convertible senior notes repaid: The convertible senior notes, net, which carried a balance of $350 million as of January 31, 2026, showed a balance of zero as of July 31, 2026.
  • Deferred revenue: Current deferred revenue was $1,751 million as of July 31, 2026, compared to $1,875 million as of January 31, 2026.
  • Shares outstanding: As of August 24, 2026, Class A common stock outstanding was 167,139,757 shares and Class B common stock outstanding was 7,681,171 shares.
  • Total stockholders' equity: Stockholders' equity was $6,973 million as of July 31, 2026, compared to $6,999 million as of January 31, 2026.

Okta's Balance Sheet Position at End of Second Quarter Fiscal 2027

According to the filing, Okta, Inc. (NASDAQ:OKTA) reported total current assets of $3,089 million as of July 31, 2026, down from $3,644 million at the close of the prior fiscal year on January 31, 2026. The company disclosed that accounts receivable, net, declined to $469 million from $687 million over the same period, while prepaid expenses and other current assets fell to $148 million from $233 million. Goodwill remained unchanged at $5,487 million across both balance sheet dates.

On the liabilities side, the filing shows total current liabilities decreased to $2,025 million from $2,554 million, a change driven in part by the reduction of convertible senior notes, net, from $350 million to zero. Total liabilities declined to $2,165 million from $2,711 million. The company's additional paid-in capital decreased to $9,348 million from $9,553 million, which the filing presents alongside a reduced accumulated deficit of $2,377 million versus $2,567 million at January 31, 2026.

The registrant also reported noncurrent deferred commissions of $331 million as of July 31, 2026, essentially flat compared to $332 million at January 31, 2026. Operating lease right-of-use assets were $53 million, down from $65 million. Okta noted in the filing's cover page that it is classified as a large accelerated filer and is incorporated in Delaware, with principal offices in San Francisco, California. The financial statements are presented as unaudited condensed consolidated figures, with dollars in millions.

What Was Disclosed

Okta filed a Form 10-Q for the quarterly period ended July 31, 2026, disclosing unaudited condensed consolidated balance sheet data, share counts, and changes in stockholders' equity relative to the January 31, 2026 fiscal year-end.