04:24 PM EDT, 05/27/2025 (MT Newswires) -- Okta ( OKTA ) reported fiscal Q1 non-GAAP net income late Tuesday of $0.86 per diluted share, up from $0.65 a year earlier.

Analysts polled by FactSet expected $0.77.

Revenue for the quarter ended April 30 was $688 million, up from $617 million a year earlier.

Analysts expected $680.3 million.

For fiscal Q2, the company expects non-GAAP EPS of $0.83 to $0.84 on revenue of $710 million to $712 million. Analysts are looking for $0.79 and $708.8 million, respectively.

For fiscal 2026, the company raised its EPS guidance to a range of $3.23 to $3.28 from the previous range of $3.15 to $3.20. Revenue projection for the fiscal year remains at $2.85 billion to $2.86 billion. Analysts surveyed by FactSet expect EPS of $3.2 on revenue of $2.86 billion.

Shares of Okta ( OKTA ) were down 11% in recent after-hours activity.