Revenue segments as reported by the company.

Subscription

Professional Services & Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

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

Restructuring and other charges

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

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

Revenue Multiple

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 Q4 2021

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

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Okta (NASDAQ: OKTA ) stock is slipping on Monday as the cyber identity company deals with a security breach. The company acknowledges the data breach in a blog post by Chief Security Officer David Bradbury.

Okta Stock Continues to Fall Following Security Breach

Okta Inc (NASDAQ:OKTA)'s extended Friday's falls after the firm said attackers accessed files containing cookies and session tokens uploaded by customers to its support-management system. Shares opened 17% lower at $69.26 after the identity and access management company said it had identified "adversarial activity that leveraged access to a stolen credential to access Okta's support case-management system.

Okta slumps 17% after fresh cyber attack

Oracle

Markets fell on Friday. Oracle's recent AI releases raised questions in some analysts' minds about its ability to keep capitalizing on the key artificial intelligence and cloud computing trends.

Wall Street Had a Bad Friday -- and These 2 Tech Stocks Were a Big Reason Why

Okta admitted that a "threat actor" had accessed its system. The intrusion was limited to its customer-support management system, where users upload case files for review.

Why Okta Stock Got Crushed Friday

Identity and access giant Okta said a hacker broke into its customer support ticket system and stole sensitive files that can be used to break into the networks of Okta's customers.

Okta says hackers stole customer access tokens from support unit

Cybersecurity firm Okta on Friday said an unidentified hacking group had accessed files which "certain Okta customers" had uploaded to its support system. Okta stock fell on the news.

Okta Stock Falls On New Hacker Security Breach

​Shares of Okta Inc. OKTA, -11.44% tumbled more than 11% Friday after the company said attackers accessed files containing cookies and session tokens uploaded by customers to its support-management system. The security breach involved a compromise of Okta's customer support unit.

Okta's stock plunges after security breach

Shares of cybersecurity firm Okta fell about 9% after the company said an unidentified hacking group had accessed files that “certain Okta customers” had uploaded to Okta's support system.

Okta shares fall after company says client files were accessed by hackers via its support system

Trading Okta stock requires a cool head and watchful eyes on the moving averages that matter, says Brian Shannon, founder of alphatrends.net.

Okta Stock Sets Up But Not Yet A Buy, Says Top Trader. Here's Why.

Akamai Technologies

CyberArk Software

While digital connectivity has revolutionized society and sparked opportunities through the introduction of new industries, it also yields nefarious activities, thus warranting a closer look at the best cybersecurity stocks to buy now. Given the proliferation of digital crimes, targeting security solutions almost represents a no-brainer.

The 3 Best Cybersecurity Stocks To Buy Now: October 2023

CrowdStrike

Qualys

Zscaler

CRWD stock is among top cybersecurity stocks that have been adopting generative AI. Others are ZS, QLYS and OKTA.

Some Of These AI-Powered Guardians Of Data Sit Near Buy Points

Okta is the IBD Stock Of The Day as the cybersecurity firm nears a buy point. Okta stock has gained nearly 26% in 2023.

Amid Turnaround, Okta Readies Market Challenge To CyberArk

Amazon

Alphabet

Palo Alto Networks

Google, Amazon and Cloudflare have all recently been victims of attacks just weeks just weeks after casino operators MGM Resorts (MGM) and Caesars Entertainment (CZR) were targeted.

Google and Amazon Hit by Fresh Cyberattacks. These Stocks Could Benefit.

NVIDIA

Super Micro Computer

In the landscape of AI, certain companies stand out as titans of rapid and robust growth. As the world ventures into 2024, three AI stocks promise exciting opportunities and transformative forces that will shape industries and redefine possibilities.

3 Game-Changing AI Stocks for 2024

For those that may just be tuning into Okta, it's worth noting that the market utterly adored this business for the better part of a decade prior to 2022. The market doted on its exceptional growth and category-defining workforce identity product. Very, very notably, Okta is not the same company it was during that "better part of a decade."

Okta: OpenAI Likes It And So Do I

Global-e Online Ltd

HubSpot

Snowflake

Trade Desk

While the FAANG stocks have soared over the past decade, the GHOST stocks could outperform in the decade to come. This group of high-flyers is beating the market in 2023, and their use of AI could generate additional upside.

Surprise! Not Only Are the GHOST Stocks Beating the Market by a Wide Margin, But Each Has a Tantalizing Connection to AI.

CNBC's Jim Cramer said demand for cybersecurity is high, indicating a potential bull market for the sector.

Jim Cramer sees a bull market in cybersecurity

Okta (OKTA) closed the most recent trading day at $76.98, moving -1.32% from the previous trading session.

Why Okta (OKTA) Dipped More Than Broader Market Today

Okta, Inc. (NASDAQ:OKTA ) Investor Summit 2023 October 4, 2023 2:00 PM ET Company Participants Dave Gennarelli - VP, IR Todd McKinnon - CEO & Co-Founder Eugenio Pace - President, Business Operations Brett Tighe - CFO Conference Call Participants Keith Bachman - BMO Capital Markets John DiFucci - Guggenheim Securities Colin Ducharme - Sterling Capital Gray Powell - BTIG Robbie Owens - Piper Sandler Shaul Eyal - TD Cowen Brian Essex - JPMorgan Shrenik Kothari - Baird Luke Mott - Wolfe Research Dave Gennarelli All right. Welcome, everybody.

Okta, Inc. (OKTA) Investor Summit 2023 (Transcript)

One thing is clear this year: generative AI is having a tremendous impact on the software industry, and a week doesn't pass without software companies announcing their plans to incorporate the seemingly game changing technology into their platforms. This week, it's Okta's turn.

Okta plans to weave AI across its entire identity platform using multiple models

Okta, the U.S.-based identity mangement giant, announced today that it has acquired a password mangement app, Uno. The company said that Uno's team will help speed up the public launch of the Okta Personal tier, a password manager for consumers.

Okta acquires a16z-backed password manager Uno to develop a personal tier

SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (NASDAQ:OKTA), the leading independent identity partner, today announced the launch of a new initiative focused on finding and developing the best cybersecurity talent and providing equitable access to thriving careers in technology. Okta is committed to investing in two key areas, the first being $1.6 million in philanthropic grants out of the Okta for Good Fund, a donor-advised fund held at Tides Foundation, for organizations around the globe providi.

Okta Launches Cybersecurity Workforce Development Initiative to Help Close the Tech and Cybersecurity Skills Gap

SAN FRANCISCO--(BUSINESS WIRE)--Harness the power of AI to detect and allow automated responses to Identity threats across your tech ecosystem.

Okta Launches Identity Threat Protection with Okta AI for Real-Time Detection and Response

SAN FRANCISCO--(BUSINESS WIRE)--Okta passkey support enables developers to deliver phishing-resistant sign-up, and sign-in experiences for end users.

Okta Launches Passkey Support to Help Enterprises Unlock a Passwordless Future

SAN FRANCISCO--(BUSINESS WIRE)--Okta AI is AI for Identity. Powered by data from our extensive ecosystem, Okta AI delivers real-time Identity actions.

News for Okta Stock (OKTA)