Okta, Inc. (OKTA) FY2025 Q1 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2024-02-01 to 2024-04-30

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Okta, Inc. cash flow reconciliation, Feb 1, 2024 through Apr 30, 2024One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Accounts receivable → operating reconciliation: $251,000,000.00Stock-based compensation → operating reconciliation: $151,000,000.00Accrued expenses and other liabilities → operating reconciliation: $54,000,000.00Amortization of deferred commissions → operating reconciliation: $30,000,000.00Depreciation, amortization and accretion → operating reconciliation: $21,000,000.00Operating lease right-of-use assets → operating reconciliation: $5,000,000.00Other, net → operating reconciliation: $3,000,000.00Deferred income taxes → operating reconciliation: $1,000,000.00operating reconciliation → Net cash from operating activities: $219,000,000.00operating reconciliation → Net loss: $40,000,000.00operating reconciliation → Deferred revenue: $101,000,000.00operating reconciliation → Prepaid expenses and other assets: $70,000,000.00operating reconciliation → Accrued compensation: $51,000,000.00operating reconciliation → Deferred commissions: $26,000,000.00operating reconciliation → Operating lease liabilities: $9,000,000.00Proceeds from maturities and redemption of securities available-for-sale → investing reconciliation: $324,000,000.00Proceeds from sales of securities available-for-sale and other → investing reconciliation: $2,000,000.00investing reconciliation → Purchases of securities available-for-sale and other: $459,000,000.00investing reconciliation → Payments for business acquisitions, net of cash acquired: $56,000,000.00investing reconciliation → Capitalized software: $4,000,000.00investing reconciliation → Purchases of property and equipment: $1,000,000.00Net cash used in financing activities → financing reconciliation: $37,000,000.00Proceeds from stock option exercises → financing reconciliation: $4,000,000.00financing reconciliation → Taxes paid related to net share settlement of equity awards: $41,000,000.00Net cash used in investing activities → investing reconciliation: $194,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $342,000,000.00Net cash from operating activities → Cash sources and uses: $219,000,000.00Cash sources and uses → Exchange-rate effect: $1,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $329,000,000.00Cash sources and uses → Net cash used in investing activities: $194,000,000.00Cash sources and uses → Net cash used in financing activities: $37,000,000.00Accrued compensation: -$51,000,000.00Accrued compensation−$51.00 MStock-based compensation: $151,000,000.00Stock-based compensation+$151.00 MDepreciation, amortization and accretion: $21,000,000.00Depreciation, amortization and accretion+$21.00 MOperating lease liabilities: -$9,000,000.00Operating lease liabilities−$9.00 MDeferred commissions: -$26,000,000.00Deferred compensation−$26.00 MAmortization of deferred commissions: $30,000,000.00Deferred commission amortization+$30.00 MOperating lease right-of-use assets: $5,000,000.00Operating lease right-of-use+$5.00 MNet loss: -$40,000,000.00Net loss−$40.00 MAccounts payable: $0.00Gain on early extinguishment of debt: $0.00Accrued expenses and other liabilities: $54,000,000.00Accrued & other liabilities+$54.00 MPrepaid expenses and other assets: -$70,000,000.00Prepaid & other assets−$70.00 MDeferred revenue: -$101,000,000.00Deferred revenue−$101.00 MDeferred income taxes: $1,000,000.00Deferred taxes & credits+$1.00 MAccounts receivable: $251,000,000.00Accounts receivable+$251.00 MOther, net: $3,000,000.00Other non-cash items+$3.00 MLease impairment charges: $0.00Net cash from operating activities: $219,000,000.00Operating cash+$219.00 Moperating reconciliation: $516,000,000.00Proceeds from stock option exercises: $4,000,000.00Stock option exercises+$4.00 MPayments for repurchases of convertible senior notes: $0.00Taxes paid related to net share settlement of equity awards: -$41,000,000.00Stock-award tax withholding−$41.00 MNet cash used in financing activities: -$37,000,000.00. Cash required to fund net payments.Financing cash−$37.00 Mfinancing reconciliation: $41,000,000.00Purchases of securities available-for-sale and other: -$459,000,000.00AFS securities purchases−$459.00 MProceeds from sales of securities available-for-sale and other: $2,000,000.00AFS securities sales+$2.00 MPayments for business acquisitions, net of cash acquired: -$56,000,000.00Acquisitions, net of cash−$56.00 MProceeds from maturities and redemption of securities available-for-sale: $324,000,000.00AFS securities maturities+$324.00 MCapitalized software: -$4,000,000.00Software spending−$4.00 MPurchases of property and equipment: -$1,000,000.00PP&E purchases−$1.00 MNet cash used in investing activities: -$194,000,000.00. Cash required to fund net payments.Investing cash−$194.00 Minvesting reconciliation: $520,000,000.00Cash sources and uses: $561,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $342,000,000.00Beginning cash$342.00 MEnding cash: Cash, cash equivalents, and restricted cash: $329,000,000.00Ending cash$329.00 MExchange-rate effect: -$1,000,000.00FX effect−$1.00 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsNet loss −$40.00M + net operating adjustments $259.00M = operating cash +$219.00MFree cash flow$218.00 MOperating cash − cash spent on PP&ECash flow / Net incomeNot meaningfulOperating cash flow ÷ net incomeNet cash change−$13.00 MEnding cash − beginning cash
Chart details

Okta, Inc. cash flow reconciliation, Feb 1, 2024 through Apr 30, 2024

Cash flows for Feb 1, 2024 through Apr 30, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Jan 31, 2024. Ending cash: Apr 30, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Jan 31, 2024
342,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
219,000,000 US dollars. Net cash provided.
Net loss
negative 40,000,000 US dollars
Accrued compensation
negative 51,000,000 US dollars
Stock-based compensation
151,000,000 US dollars
Depreciation, amortization and accretion
21,000,000 US dollars
Operating lease liabilities
negative 9,000,000 US dollars
Deferred commissions
negative 26,000,000 US dollars
Amortization of deferred commissions
30,000,000 US dollars
Operating lease right-of-use assets
5,000,000 US dollars
Accounts payable
0 US dollars
Gain on early extinguishment of debt
0 US dollars
Accrued expenses and other liabilities
54,000,000 US dollars
Prepaid expenses and other assets
negative 70,000,000 US dollars
Deferred revenue
negative 101,000,000 US dollars
Deferred income taxes
1,000,000 US dollars
Accounts receivable
251,000,000 US dollars
Other, net
3,000,000 US dollars
Lease impairment charges
0 US dollars
Investing activities
negative 194,000,000 US dollars. Net cash used.
Purchases of securities available-for-sale and other
negative 459,000,000 US dollars
Proceeds from sales of securities available-for-sale and other
2,000,000 US dollars
Payments for business acquisitions, net of cash acquired
negative 56,000,000 US dollars
Proceeds from maturities and redemption of securities available-for-sale
324,000,000 US dollars
Capitalized software
negative 4,000,000 US dollars
Purchases of property and equipment
negative 1,000,000 US dollars
Financing activities
negative 37,000,000 US dollars. Net cash used.
Proceeds from stock option exercises
4,000,000 US dollars
Payments for repurchases of convertible senior notes
0 US dollars
Taxes paid related to net share settlement of equity awards
negative 41,000,000 US dollars
Operating adjustment reconciliation
516,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
41,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
520,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 1,000,000 US dollars
Ending cash on Apr 30, 2024
329,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
561,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 13,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
Not meaningful. Operating cash flow divided by reconciliation net income for the same period. The ratio is not meaningful when net income is zero or negative.
Operating cash flow
219,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
1,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
218,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net loss −$40.00M + net operating adjustments $259.00M = operating cash +$219.00M. The loss reduces the earnings basis of the reconciliation; it is not a cash payment. The signed loss remains a deduction at the operating reconciliation junction.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 219,000,000 US dollars minus 1,000,000 US dollars equals 218,000,000 US dollars.
Okta, Inc. (OKTA) FY2025 Q1 Statement of Cash Flows Sankey chart
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