Okta, Inc.

OKTA

$172.20

+1.04%

2026-09-04 12:11:59 EDT+$1.78

Technology

Software - Infrastructure

NASDAQ

Active Trading

Okta, Inc. delivers comprehensive identity management solutions tailored for a diverse clientele, including large corporations, small and medium-sized businesses, educational institutions, charitable ...

Price Action of OKTA

$172.20

+1.04%+$1.78

High—

Low—

52W High-1.5%

Rel. vol—

Interval

Range2.7h

Volume—SMA5SMA10

—

Company Overview of OKTA

Okta, Inc. (Nasdaq: OKTA) is a prominent technology company specializing in identity and access management (IAM). Founded in 2009 as SaaSure Inc. by Todd McKinnon and Frederic Kerrest, the company rebranded to Okta and went public in April 2017. Headquartered in San Francisco, California, Okta has grown to employ approximately ...Okta, Inc. (Nasdaq: OKTA) is a prominent technology company specializing in identity and access management (IAM). Founded in 2009 as SaaSure Inc. by Todd McKinnon and Frederic Kerrest, the company rebranded to Okta and went public in April 2017. Headquartered in San Francisco, California, Okta has grown to employ approximately 6,366 people as of 2026, positioning itself as a leader in the 'Software - Infrastructure' sector. Okta's core offering is the Okta Identity Cloud, a comprehensive platform that provides a suite of products and services designed to securely manage user identities and access. Key products include Universal Directory, which stores and manages user, application, and device profiles; Single Sign-On (SSO) for seamless access to cloud and on-premises applications; Adaptive Multi-Factor Authentication for enhanced security; Lifecycle Management to oversee digital identities; API Access Management; Access Gateway; and Advanced Server Access. Additionally, the integration of Auth0's offerings—such as Universal Login, Attack Protection, Passwordless authentication, Machine-to-Machine (M2M) authentication, Private Cloud, and Organizations—expands Okta's capabilities to address customer identity and access management (CIAM) needs. Financially, Okta has demonstrated strong performance with a market cap of approximately $24.6 billion as of the latest data. The company's revenue per share is $17.01, and it maintains a gross profit margin of 77.4%. Okta has a net profit margin of 8.2% and a price-to-earnings ratio of about 105.9, reflecting investor confidence in its growth prospects. The company's EV/Revenue multiple stands at 8.1, indicating a premium valuation typical for high-growth tech firms. Okta serves a diverse clientele, including large enterprises, SMBs, educational institutions, nonprofits, and government agencies, both in the US and internationally. Its business model involves direct sales through its sales force and a network of channel partners, ensuring broad market reach. Beyond its products, Okta offers customer support, educational programs, and professional services to drive adoption and customer success. Under the leadership of CEO Todd McKinnon, who also serves as Chairperson of the Board, Okta is guided by a mission to free everyone to safely use any technology. The company continues to innovate, focusing on identity solutions for employees, customers, and AI, and remains committed to security and trust, as evidenced by its comprehensive platform and strategic acquisitions like Auth0.ExpandCollapse

Founded

2009

Employees

6366

CEO

Todd McKinnon

Full Name

Okta, Inc.

Sector

Technology

Industry

Software - Infrastructure

ROE

4.26%

Market Cap

$30.10B

Current Ratio

1.53

WACC

8.06%

ROIC

4.45%

Contact Information

https://www.okta.com

888 722 7871

100 First Street, San Francisco, CA 94105

Key Metrics of OKTA

Snapshot

Latest / TTM · 6 periods

Market Cap

$30.10B

ROCE

3.3%

EV / EBITDA

70.05x

+1.2% YoY

FCF Yield

3.4%

-2.7% YoY

Cash Conversion Cycle

50.3d

Current Ratio

1.53

Quick take

TTM —

Positive CCC

Financial Highlights of OKTA

Profitability trend

Latest / TTM · 6 periods

Gross Margin

78.1%

Net Margin

9.6%

P/E Ratio

100.84x

n/a

Debt / Equity

0.01

n/a

Current Ratio

1.53

Dividend Yield

0.0%

Understanding

TTM —

No major balance sheet stress in these headline ratios.

Calendar of OKTA

Upcoming

Oct 31, 2026In 57 days
Q3 FY2027 · Estimated results
Est. EPS $0.93 · Revenue $815.97M · 26 analysts
Jan 31, 2027
FY2027 · Estimated annual results
Est. EPS $3.93 · Revenue $3.22B · 24 analysts
Apr 30, 2027
Q1 FY2028 · Estimated results
Est. EPS $1.01 · Revenue $840.71M · 11 analysts
Jul 31, 2027
Q2 FY2028 · Estimated results
Est. EPS $1.11 · Revenue $882.22M · 11 analysts

Recent history

Aug 27, 2026
Q2 FY2027 · Results reported
EPS $0.65 · Revenue $805.00M
View filing
May 29, 2026
Q1 FY2027 · Results reported
EPS $0.42 · Revenue $765.00M
View filing
Mar 5, 2026
FY2026 · Annual results
EPS $1.31 · Revenue $2.92B
View filing
Dec 3, 2025
Q3 FY2026 · Results reported
EPS $0.24 · Revenue $742.00M
View filing
Aug 27, 2025
Q2 FY2026 · Results reported
EPS $0.37 · Revenue $728.00M
View filing
May 28, 2025
Q1 FY2026 · Results reported
EPS $0.35 · Revenue $688.00M
View filing

Financial Statements of OKTA

5Y Trend (Revenue, Earnings, FCF)

Metric	Latest	YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.	QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).	$2.9B	+11.8%	+5.2%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.	$235.0M	+739.3%	+56.8%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.	+77.4%	+1.4%	+2.4%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).	+5.2%	+317.1%	+81.6%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.	+8.1%	+650.4%	+49.0%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.	$905.0M	+24.0%	-15.6%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.	+31.0%	+10.8%	-19.8%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.	6.0%	-59.4%	-87.2%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.	1.36x	+0.4%	+9.6%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.	$9.7B	+2.9%	-2.2%

Actual vs Estimate

A Jan 31Q Oct 31

Metric	Annual (A vs E)	Annual Surprise	Quarter (A vs E)	Quarter Surprise
EPS Surprise	1.31 vs 3.44	-61.9%	0.65 vs 0.93	-30.5%
Revenue Surprise	$2.9B vs $2.9B	+0.4%	$805.0M vs $816.0M	-1.3%

Insider Transactions of OKTA

Acquisitions (A)

Since Jun 21, 2026

Disposals (D)

Since Jun 21, 2026

Monthly shares of acquisitions/disposals with close price trend (shared daily price source)

Insider Trading Snapshot

Date	Executive	Title	Security	Side	Shares	Price
Aug 13, 2026	Schellhase David	director	Class A Common Stock	A	1,942	—
Aug 13, 2026	Schellhase David	director	Restricted Stock Units	D	1,942	—
Aug 3, 2026	Morgan Scott	officer	—	—	0	—
Jul 8, 2026	McKinnon Todd	director, officer: Chief Executive Officer	Class A Common Stock	D	12,695	$145.63
Jul 8, 2026	McKinnon Todd	director, officer: Chief Executive Officer	Class A Common Stock	D	29,502	$146.39

Earnings Call Transcript of OKTA

1 transcript segments

Q2 2027

Unknown Speaker

Dave Gennarelli: Hi, everyone. Welcome to Okta's Second Quarter Fiscal 2027 Earnings Webcast. I'm Dave Gennarelli, Senior Vice President of Investor Relations at Okta. Presenting in today's meeting will be Todd McKinnon, our Chief Executive Officer and Co-Founder; and Brett Tighe, our Chief Financial Officer. Eric Kelleher, our President and Chief Operating Officer, will join the Q&A portion of the meeting. Around the same time that the earnings press release hit the wire, we posted supplemental commentary to the IR website. Today's meeting will include forward-looking statements pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding our financial outlook and market positioning. Forward-looking statements involve known and unknown risks and uncertainties that may cause our actual results, performance or achievements to be materially different from those expressed or implied by the forward-looking statements. Forward-looking statements represent our management's beliefs and assumptions only as of the date made. Information on factors that could affect our financial results is included in our filings with the SEC from time to time, including the section titled Risk Factors in our previously filed Form 10-K. In addition, during today's meeting, we will discuss non-GAAP financial measures. Though we may not state it explicitly during the meeting, all references to profitability are non-GAAP. These non-GAAP financial measures are in addition to and not a substitute for or superior to measures of financial performance prepared in accordance with GAAP. A reconciliation between GAAP and non-GAAP financial measures and a discussion of the limitations of using non-GAAP measures versus their closest GAAP equivalents are available in our earnings release. You can also find more detailed information in our supplemental financial materials, which include trended financial statements and key metrics posted on our Investor Relations website. In today's meeting, we will quote a number of numerical growth changes as we discuss our financial performance. And unless otherwise noted, each such reference represents a year-over-year comparison. And now I'd like to turn the meeting over to Todd McKinnon. Todd? Todd McKinnon: Thanks, Dave, and thank you, everyone, for joining us this afternoon. Our Q2 financial performance was driven by broad-based strength across our core workforce identity and customer identity platforms. Particular areas of strength were once again with large enterprises, partner engagement and contribution from our newer products. This afternoon, I'll walk through the strength of our core business, the momentum of our portfolio of new products and our investments in product innovation and breadth. And finally, with AI security remaining top of mind for our customers, I'll share the advancements we're making with AI product development and early customer …

Leadership Team of OKTA

13 executives

Name	Title	Compensation	Gender	Year Born	Status
Jon Addison	Chief Revenue Officer	USD 1,606,946	Male	1975	Active
Todd McKinnon	Co-Founder, Chairman & Chief Executive Officer	USD 1,159,452	Male	1972	Active
Brett Tighe	Chief Financial Officer	USD 865,232	Male	1980	Active
Eric Kelleher	President & Chief Operating Officer	USD 825,343	Male	1972	Active
Larissa Schwartz	Senior Advisor	USD 792,653	Female	1972	Active
Shibu Ninan	Chief Accounting Officer	USD 579,520	Male	1975	Active
Jacques Frederic Kerrest	Co-Founder & Executive Vice Chairman	USD 39,207	Male	1978	Active
Dave Gennarelli	Senior Vice President of Investor Relations	—	Male	—	Active
David Bradbury	Chief Security Officer	—	Male	—	Active
Monty Gray	Executive Vice President of Corporate Development	—	Male	—	Active
Kerry Ok	Executive Vice President of Company Planning & Operations	—	Female	—	Active
Shannon Sullivan Duffy	Chief Marketing Officer	—	Female	—	Active
Ed Daly	Chief Customer Officer	—	Male	—	Active

Recent News of OKTA

Zacks Investment Research8/7/2026Neutral

Zacks Industry Outlook Palo Alto Networks, Fortinet, and Okta

Palo Alto Networks, Fortinet, and Okta have been highlighted in this Industry Outlook article.

Zacks Investment Research8/6/2026Neutral

Why Okta (OKTA) Dipped More Than Broader Market Today

In the latest trading session, Okta (OKTA) closed at $143.51, marking a -2.4% move from the previous day.

Zacks Investment Research8/6/2026Neutral

3 Security Stocks to Bet on Now as Industry Trends Show Promise

The Zacks Security industry participants, PANW, FTNT and OKTA, gain from surging demand for cybersecurity solutions amid accelerating digital transformation and cloud migration strategies.

Defense World8/5/2026Neutral

Arkadios Wealth Advisors Has $968,000 Position in Okta, Inc. $OKTA

Arkadios Wealth Advisors lifted its position in shares of Okta, Inc. (NASDAQ: OKTA) by 133.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,295 shares of the company's stock after acquiring an additional 7,028 shares during the period.

Schwab Network8/4/2026Neutral

The Big 3: META, OKTA, GLD

Charles Moon maps out the fundamental case for a trio of names on his radar: Meta Platforms (META), Okta Inc. (OKTA) and the GLD ETF. As markets reach new all-time highs, he explains why he's looking at 3 very different investing opportunities while Rick Ducat dives deep into the technical chart formations to monitor.

Historical Employee Count of OKTA

Current

6,366

Change

+7.64%

Minimum

5,030

Maximum

6,366

Recent Filings

Report Date	Employees	Form Type	Filing Date	SEC Filing
Jan 31, 2026	6,366	10-K	Mar 5, 2026	View
Jan 31, 2025	5,914	10-K	Mar 5, 2025	View
Jan 31, 2024	5,908	10-K	Mar 1, 2024	View
Jan 31, 2023	6,013	10-K	Mar 3, 2023	View
Jan 31, 2022	5,030	10-K	Mar 7, 2022	View

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Okta, Inc.