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.

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Cost of revenue

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Cash from investing

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Salesforce

On Thursday morning, stock markets continued their upward trend from earlier this week. Salesforce reported attractive profit growth and said it anticipates even better times ahead.

Salesforce, Okta Look to Lead Stocks Higher

Okta Inc (NASDAQ:OKTA), the identity data protection firm, saw its stock on the rise in Thursday's early deals as it upgraded its guidance for its financial year. Alongside last night's bullish second quarter results, Okta lifted its full-year earnings expectations for the year by close to a third – to $1.17 to $1.20 per share, up from 88 to 93 cents per share.

Okta surges after big upgrade to full-year guidance

Analysts sing the company's praises after it beat earnings expectations for the second quarter and issued impressive guidance.

Okta Stock Surges. Analysts Praise Its Improved Execution.

Okta, Inc. (NASDAQ:OKTA ) Q2 2024 Earnings Conference Call August 30, 2023 5:00 PM ET Company Participants Dave Gennarelli - Senior Vice President, Investor Relations Todd McKinnon - Chief Executive Officer and Co-Founder Brett Tighe - Chief Financial Officer Conference Call Participants Rob Owens - Piper Sandler Ittai Kidron - Oppenheimer Joe Gallo - Jefferies Adam Tindle - Raymond James Anushtha Mittal - RBC Eric Heath - KeyBanc Capital Markets Angie Song - Morgan Stanley Stefan Schwarz - Wells Fargo Shaul Eyal - TD Cowen Bill Vandrick - Scotiabank Ray McDonough - Guggenheim Shrenik Kothari - Baird Peter Weed - Bernstein Madeline Brooks - BofA Securities Brian Essex - JPMorgan Dave Gennarelli Hi, everybody. Welcome to Okta's Second Quarter Fiscal Year 2024 Earnings Webcast.

Okta, Inc. (OKTA) Q2 2024 Earnings Call Transcript

CrowdStrike

CrowdStrike reported second-quarter earnings that topped estimates. Okta delivered a bigger beat.

CrowdStrike Earnings Top Views; Outlook Mixed As Okta Jumps On Solid Beat

Okta Inc. late Wednesday hiked its annual earnings outlook by about a third after the identity-management software company's worst-case scenario of weak business spending never materialized.

Okta hikes annual earnings guidance by about a third after weakness doesn't materialize, stock rallies more than 10%

SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (Nasdaq: OKTA), the leading independent identity partner, today announced financial results for its second quarter ended July 31, 2023. “Our focus on execution and efficiency has delivered solid top-line results with significant improvements to operating profit and cash flow year-over-year,” said Todd McKinnon, Chief Executive Officer and co-founder of Okta. “We are building on our position as the leading independent identity partner. Both new and exis.

Okta Announces Second Quarter Fiscal Year 2024 Financial Results

HOBOKEN, N.J.--(BUSINESS WIRE)--Semperis today announced the introduction of Okta security exposure scanning in its community-driven security assessment tool, Purple Knight.

Semperis Introduces Security Exposure Scanning for Okta in its Purple Knight Community-Driven Security Assessment Tool

Okta (OKTA) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for Okta (OKTA) This Earnings Season?

SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (NASDAQ: OKTA), the leading independent identity partner, today announced Okta for Global 2000, an industry leading solution designed to give the world's largest organizations choice in how they run their technology infrastructure with flexible and automated identity management. Okta for Global 2000 enables the technical agility executives need to balance centralization and decentralization of their organizations as well as resources and governance mod.

Introducing Okta for Global 2000: Identity Solution to Give CEOs and Board of Directors Flexibility to Centralize or Decentralize their Business Strategy

Microsoft

Artificial intelligence (AI) is expected to add $15.7 trillion to the global economy by 2030. Nvidia has been the overwhelming favorite among billionaire money managers looking for AI exposure.

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Okta (OKTA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Okta (OKTA) Earnings Expected to Grow: Should You Buy?

Okta (OKTA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Okta (OKTA) Could Beat Earnings Estimates Again

Okta Inc. shares closed Monday with a modest gain after the identity-management software company scored a double upgrade ahead of earnings following a downgrade of the stock six months ago.

Okta stock snags double upgrade to buy after analyst sees ‘path' to 12-month outperformance

Okta (NASDAQ: OKTA ) stock is rising on Monday after Goldman Sachs analyst Gabriela Borges weighed in on the shares. Starting off with an upgrade, Borges increases shares of OKTA stock from a “sell” rating to a “buy” rating.

OKTA Stock Alert: Okta Gains on Goldman Sachs Upgrade

Palo Alto Networks

Out of all the market ideas available, the best cybersecurity stocks to buy practically sell themselves. Sure, everyone talks about the broader integration of digital technologies across the globe.

The 3 Best Cybersecurity Stocks to Buy in August

BlackBerry

SentinelOne

Cybersecurity is one of the fastest growing subsectors within the broader technology sector. But just like any sector there are cybersecurity stocks to buy and cybersecurity stocks to avoid.

3 Cybersecurity Stocks to Sell in August

Cybersecurity is a growing priority for corporate America. According to IBM (NYSE: IBM ), the average cost of a data breach at a company in the U.S. more than doubled to $9.44 million in 2022 from $3.6 million in 2006.

Looking for a Bargain? 3 Cybersecurity Stocks to Buy That Are Down 20%

SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (NASDAQ: OKTA), the leading independent identity provider, today announced that it will release its financial results for its second quarter fiscal year 2024 ended July 31, 2023 after the U.S. market close on Wednesday, August 30, 2023. Okta will host a live video webcast that day at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) to discuss the results. Event: Okta's Second Quarter Fiscal Year 2024 Financial Results Date: Wednesday, August 30, 2023 Ti.

Okta to Announce Second Quarter Fiscal Year 2024 Financial Results on August 30, 2023

Global-e Online Ltd

HubSpot

Snowflake

Trade Desk

The FAANG stocks have been among the best performers over the past decade. As these companies matured, their growth rates slowed.

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NetEase

Sabre

The Internet-Software & Services industry is in recovery mode even as an economic slowdown looms large. However, NTES, SABR and OKTA look good.

3 Software & Services Stocks with Improving Prospects in 2023

Baidu

Alphabet

Lovesac Company

The Nasdaq Composite brought up the caboose among Wall Street's major indexes in 2022, with a loss of 33%. Sizable declines in Wall Street's major indexes have always represented ideal opportunities to pounce for long-term investors.

4 Unrivaled Growth Stocks You'll Regret Not Buying in the Wake of the Nasdaq Bear Market Dip

e.l.f. Beauty

Gentex

Planet Fitness

Wingstop

With inflation rates coming down yet again, this may be a good time to jump into growth stocks.

Is This the Right Time to Jump into Growth Stocks?

Alector Inc

Asana

Teladoc

Twilio

Unity Software

Artificial intelligence technology is transforming many industries and creating new opportunities for businesses and consumers. But as an investor, how can you benefit from this powerful technology?

7 Stocks That AI Says Will Make You a Millionaire by 2025

Okta reported strong revenue growth in its latest quarter but Wall Street was spooked by poor cRPO guidance. The company continues to make substantial progress on increasing operating margins in spite of the tough macro environment. The stock has already priced in decelerating growth rates but may take off if revenue growth can accelerate under better macro conditions.

News for Okta Stock (OKTA)