Okta (OKTA) Q2 FY2027 Earnings Overview: 11% Revenue Growth and 17% RPO Expansion Lift a 28.63% Price Rally

AI Market Summary
Okta's Q2 FY2027 results showed resilient demand: revenue rose 11% YoY to $805m, RPO grew 17% (cRPO +14%), and non-GAAP EPS beat expectations at $1.05 alongside stronger free cash flow (28% margin). Management lifted FY27 revenue, EPS, and FCF guidance, supporting a sharp post-earnings repricing and improving near-term visibility, despite slower measured growth and services mix headwinds.
Impact level
● Medium
Affected assets
NCSKOKTA2USD/USDT+7.59%
AI Insight · NCSKOKTA2USD/USDTAI Insight
▲ Bullish
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Okta reported Q2 FY2027 revenue of $805 million, up 11% year over year, with non-GAAP diluted EPS of $1.05 and subscription revenue up 12%. This report reviews identity-product momentum, guidance, the post-earnings rally and technical levels for the next phase of OKTA’s setup.