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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.

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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 Q4 2021

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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.

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We maintain our buy rating on Okta, Inc. We expect Okta's macro-related shift in business mix to cross-selling products to its installed base, coupled with efforts to reduce expenses, will drive profitable growth into FY25. We think the identity market will be relatively resilient in spite of the macro uncertainty as the increased automation and digitalization post-A.I. boom expands the cyber-attack landscape.

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Todd McKinnon, CEO of identity and access management company Okta, stressed the industry-wide severity of cyberattacks after one of its clients saw a breach.

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Okta, Inc. (NASDAQ:OKTA ) Citi's 2023 Global Technology Conference September 6, 2023 11:15 AM ET Company Participants Brett Tighe - Chief Financial Officer Conference Call Participants Joel Omino - Citi Joel Omino Perfect. Welcome everyone to Day One of the Citi Tech Conference.

Okta, Inc. (OKTA) Presents at Citi's 2023 Global Technology Brokers Conference (Transcript)

Okta, Inc. (NASDAQ:OKTA ) Goldman Sachs Communacopia & Technology Conference Call September 5, 2023 6:45 PM ET Company Participants Todd McKinnon - Co-Founder and Chief Executive Officer Conference Call Participants Gabriela Borges - Goldman Sachs Group, Inc. Gabriela Borges Good afternoon. We'll go ahead and get started.

Okta, Inc. (OKTA) Goldman Sachs Communacopia & Technology Conference (Transcript)

Okta topped estimates on the top and bottom lines in its recent earnings report. New products like Okta Identity Governance and Okta for Global 2000 are helping drive growth.

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Okta's fiscal second-quarter sales growth was much better than expected. Upsell trends with existing customers are encouraging.

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Shares of Okta (OKTA) rose 13.5% on Thursday as growing cybersecurity concerns drove up demand for the company's identification software.

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Okta topped estimates on the top and bottom lines and raised its guidance for the full year. The company is seeing strong growth from its biggest customers.

Why Okta Stock Was Soaring Today

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News for Okta Stock (OKTA)