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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

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Okta

Okta, Inc. engages in the provision of an identity management platform for enterprises. It operates through the United States and International geographical segments. The firm's products include single sign-on, multi-factor authentication, API access management, authentication, user management, and lifecycle management. The company was founded by Todd McKinnon and J. Frederic Kerrest in 2009 and is headquartered in San Francisco, CA.

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

Earnings data Q4 2025

Okta reports strong Q1 performance amidst macro challenges and AI focus

Okta's Q1 performance demonstrated resilience amid macro challenges, driven by customer additions and product innovations. However, the company faces headwinds from macroeconomic impacts, leading to cautious outlook and strategic focus on AI integration and cross-selling opportunities.

Okta reports strong Q2 performance, eyes growth in Access Management

Okta's Q2 performance reflects strong customer growth and financial outlook, supported by successful product offerings. While facing challenges related to the macro environment and leadership roles, the company is well-positioned to capitalize on opportunities in Access Management and federal markets.

OKTA reports robust Q3 results, addresses security incident impact

OKTA's Q3 performance showcased strong financial metrics and raised outlooks for future revenue. The company faces challenges related to the recent security incident and macro headwinds but remains optimistic about long-term opportunities, particularly in international markets and product development.

Okta reports robust Q4 earnings, eyes growth in identity solutions

Okta's strong Q4 performance and strategic priorities for FY24 position the company for continued growth. While challenges like conservative growth guidance and new customer acquisition exist, opportunities in expanding product offerings and upselling present avenues for revenue growth. Okta's focus on simplicity, customer-centricity, and strategic alignment bode well for future success.

Okta reports robust Q1 earnings, eyes AI and cross-selling

Okta's Q1 2024 earnings call highlighted strong financial performance, product advancements, and strategic partnerships amidst macroeconomic challenges.
The company faces headwinds in net retention rates but sees potential in AI, legacy IAM replacement, and cross-selling opportunities for future growth.
Analysts raised questions on pricing strategy and management changes, indicating areas for Okta to address in navigating market uncertainties.
Overall, Okta's focus on innovation, customer expansion, and strategic positioning in the identity solutions space bodes well for its future growth trajectory.

Okta reports robust Q2 results amidst macro challenges and growth opportunities

Okta's Q2 performance reflects strong revenue growth, operational efficiency, and strategic product innovations.
While facing challenges in a volatile macro environment, the company is well-positioned to capitalize on opportunities in identity solutions.
With raised outlooks for the future, Okta's focus on customer wins, product expansions, and market positioning bodes well for sustained growth.
The ongoing search for a go-to-market President and the need to navigate macroeconomic uncertainties are key areas for Okta's continued success.

Okta reports robust Q3 results amidst security focus challenges

Okta reports strong financial performance in Q3 with positive revenue growth and improved free cash flow margin outlook for FY '24 and '25.
Despite challenges from delayed product launches and security incident impact, the company remains committed to enhancing security and customer trust.
Opportunities lie in new product introductions, international market expansion, and positive customer response to security measures and integrated workflows.

Okta reports record profitability in Q4, bullish on growth

Okta's Q4 performance showcased record profitability and strong financial metrics, with a positive outlook for Q1 and FY '25.
The company's strategic strengths lie in security focus, customer expansion, and successful product initiatives like Privileged Access Management.
Challenges include macroeconomic impacts and operational hurdles, while opportunities exist in specialized customer approaches and market expansion.

Okta reports robust Q1 performance amidst challenges and growth opportunities

Okta's Q1 2025 performance reflects strong financials, stable retention rates, and a focus on growth acceleration through new customer acquisition.
The company faces challenges from macro uncertainties, seat count fluctuations, and growth bottlenecks but is well-positioned for long-term success.
Opportunities in product innovation, strategic partnerships, and cross-selling initiatives position Okta for continued growth and market leadership in identity security solutions.

Okta reports robust Q2 earnings, eyes growth amid macro challenges

Okta's Q2 earnings call showcases strong financial performance, strategic focus on security, and growth initiatives. Despite macro challenges, the company remains profitable and expects revenue growth and margin improvement for the future.

Okta reports robust Q3 results, eyes global expansion amid challenges

Okta's Q3 performance reflects resilience and growth potential, supported by strong financials and customer retention strategies.
The company's focus on innovation, market expansion, and customer-centric approaches positions it well for future success.
Challenges in market dynamics and macroeconomic conditions require strategic adjustments, but Okta's proactive stance and diversified strengths offer opportunities for sustained growth.

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After reaching an important support level, Okta (OKTA) could be a good stock pick from a technical perspective. OKTA surpassed resistance at the 200-day moving average, suggesting a long-term bullish trend.

Okta (OKTA) Crossed Above the 200-Day Moving Average: What That Means for Investors

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Okta (OKTA) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Rising for Okta (OKTA): Will It Gain?

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With each advance in technology, the importance of cybersecurity grows. A key problem facing businesses and enterprises is that the traditional approach to a perimeter security network is quickly becoming obsolete.

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Continuing their streaks of exceeding quarterly earnings expectations, the expansion of these companies should definitely be on investors' radars.

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Okta (OKTA) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Okta (OKTA) Moves to Buy: Rationale Behind the Upgrade

Okta (OKTA) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, OKTA broke through the 20-day moving average, which suggests a short-term bullish trend.

Okta (OKTA) Crossed Above the 20-Day Moving Average: What That Means for Investors

The headline numbers for Okta (OKTA) give insight into how the company performed in the quarter ended October 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, Okta (OKTA) Q3 Earnings: A Look at Key Metrics

LOS ANGELES, CA / ACCESSWIRE / December 4, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Okta, Inc. ("Okta" or "the Company") (NASDAQ:OKTA) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Okta, Inc. and Encourages Investors with Losses to Contact the Firm

Dutch Bros

NEW YORK--(BUSINESS WIRE)---- $BROS #BROS--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential breaches of fiduciary duties by the directors and officers of Okta, Inc. (NASDAQ: OKTA) regarding Okta's cybersecurity incident impacting the Company's business, operations, and stock price. If you currently own shares of Okta, please visit the firm's website at https://rosenlegal.com/submit-form/?case_id=6365 for more information. You may also contact Phillip Kim of Rosen Law F.

EQUITY ALERT: Rosen Law Firm Announces Investigation of Breaches of Fiduciary Duties by the Directors and Officers of Okta, Inc. – OKTA

Okta's stock has remained undervalued at ~4x FY25 revenue due to perceived weakness in its outlook and a recent data breach. Despite these challenges, the bull case for Okta remains strong, with expectations of substantial growth and a large $80 billion TAM. Operating margins are climbing and expected to continue growing into FY24.

Okta: Buy The Dip, This Breach Will Be A Blip In The Long Run

LOS ANGELES, CA / ACCESSWIRE / December 1, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Okta, Inc. ("Okta" or "the Company") (NASDAQ:OKTA) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Okta, Inc. and Encourages Investors with Losses to Contact the Firm

Okta Inc. shares furthered their selloff in Thursday's session as analysts expressed doubt about the company's strategic focus and deal trajectory in the wake of a recent security breach.

Okta's stock falls amid wave of downgrades: ‘Now is not the time' for profit push

OKTA's third-quarter fiscal 2024 results reflect the benefits of an expanding clientele and a strong product portfolio.

OKTA's Q3 Earnings Beat Estimates, Revenues Increase Y/Y

Okta Inc (NASDAQ:OKTA) shares were on the backfoot, down 2.9% to $68.70 in premarket, as the fallout of a cyber breach overshadowed what Wall Street analysts described as “better than feared” quarterly earnings. The cloud data form revealed that hackers had stolen stole information on all users of its customer support system in a network breach two months ago.

Okta shares slide as hack details overshadow “better than feared” earnings

Okta, Inc. (NASDAQ:OKTA ) Q3 2024 Earnings Conference Call November 29, 2023 5:00 PM ET Company Participants Dave Gennarelli - Senior Vice President of Investor Relations Todd McKinnon - Chief Executive Officer and Co-Founder Brett Tighe - Chief Financial Officer Conference Call Participants Brian Essex - JPMorgan Rob Owens - Piper Sandler Adam Tindle - Raymond James Rudy Kessinger - D.A. Davidson Hamza Fodderwala - Morgan Stanley Joe Gallo - Jefferies Madeline Brooks - BofA Eric Heath - KeyBanc Gray Powell - BTIG Peter Weed - Bernstein Adam Borg - Stifel Matt Hedberg - RBC Jonathan Ho - William Blair Fatima Boolani - Citi Josh Tilton - Wolfe Research John DiFucci - Guggenheim Fred Havemeyer - Macquarie Shrenik Kothari - Baird Operator Hi, everybody.

Okta, Inc. (OKTA) Q3 2024 Earnings Call Transcript

One of today's trending stocks is none other than identity management company Okta (NASDAQ: OKTA ). Shares of OKTA stock are down over 2% in early afternoon trading, on some rather unfortunate and negative news for the company.

5 Investors Betting Big on Okta (OKTA) Stock

Okta said hackers stole data for all of its customer support system users in a breach that the identity-verification company disclosed last month.

Okta Says Hackers Stole Data For All Customer Support Users

Okta reported Q3 earnings and revenue that topped consensus estimates. The cybersecurity firm issued preliminary fiscal 2025 revenue guidance.

Okta Earnings Top Estimates; Early Fiscal 2025 Outlook Issued

Shares of Okta Inc. had been falling in Wednesday's premarket trading after the company disclosed new information about a cybersecurity breach, but the shares turned around once the company posted its financial results slightly earlier than expected.

Okta's upbeat earnings help offset new details about breach, lifting the stock

SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (Nasdaq: OKTA), the leading independent identity partner, today announced financial results for its third quarter ended October 31, 2023. “Our Q3 performance was highlighted by solid top-line growth, record non-GAAP operating profit, and record free cash flow,” said Todd McKinnon, Chief Executive Officer and co-founder of Okta. "We are particularly enthusiastic about the adoption of Okta Identity Governance and the general availability of Okta Privileg.

Okta Announces Third Quarter Fiscal Year 2024 Financial Results

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Okta said hackers stole a report with names and email addresses of all customer support users. Those users face an "increased risk of phishing," the password authenticator said in a blog.

News for Okta Stock (OKTA)