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

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Operating Margin

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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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Cloud security firm Okta has seen a decline in customer growth, which it attributes to the macro environment, but competition may also be a factor. Despite this, Okta has reported strong earnings, beating both revenue and EPS estimates last quarter, and has increased its full-year revenue and EPS forecast. OKTA stock is currently undervalued, trading at under 4.5x next year's revenue projections, making it a potential buyout candidate.

Okta: Buy The Dip

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Okta released a commendable set of earnings for its first quarter of fiscal 2024. However, the identity management firm provided weak guidance that shows slowing growth momentum.

Why Okta's Stock Fell by 23.7% in June

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Uber

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OKTA announces the release of Okta Device Access, allowing customers to advance their zero-trust strategy while simplifying employees' login experience.

OKTA Advances in Zero Trust Strategy With Okta Device Access

OKTA announces the release of its Secure Sign-in Report that reveals the strong adoption of MFA and phishing-resistant authentication.

OKTA Enhances Security and User Experience With MFA Adoption

SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (NASDAQ: OKTA), the leading independent identity provider, today announced Okta Device Access, a new product that enables organizations to extend Okta's Identity and Access Management (IAM) capabilities to secure access to corporate devices for a hybrid workforce. As part of Okta's Workforce Identity Cloud, the solution will deliver stronger authentication to unlock a device, helping organizations achieve zero trust while simplifying the login experien.

Okta Introduces Okta Device Access to Help Organizations Mature their Zero Trust Strategy

After Okta announced its earnings, the stock was down 20%, despite a beat, beat, raise quarter. Why? RPO and Q2 cRPO growth guidance had the biggest impact on investors' sentiment, but potentially, Q2 could be the bottom. AI could be a big opportunity for Okta.

Is Okta Stock A Buy After The Earnings Price Drop?

SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (NASDAQ: OKTA), the leading independent identity partner, today announced the release of its international Secure Sign-In Trends Report. The report, which analyzes billions of monthly workforce customer logins to Okta Workforce Identity Cloud across more than 16 industries around the world, reveals that the use of multi-factor authentication (MFA) has nearly doubled since 2020 and that phishing-resistant authenticators represent the best choice in term.

Use of Multi-Factor Authentication (MFA) Nearly Doubles Since 2020, New Okta Secure Sign-In Trends Reports Finds

Auth0 integration and sales force issues are improving, contributing to a rapid improvement in margins. Okta's Identity Governance and Privileged Access Management solutions could support growth going forward and support the company's competitive position. Okta's stock is reasonably priced given the quality of the company, but cloud spend will likely need to pick up before the stock moves higher.

Okta: Macro Weakness Is Offsetting Sales Transformation

Okta, Inc. provides secure and seamless user authentication and access management solutions. Okta's customer adoption rates are driven by a growing customer base rather than relying on price hikes. Investor misinterpretation of Okta's growth rates overlooks the potential for improvement with easier comparables and positive investor impressions.

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In a year that has so far been characterized by the comeback of tech stocks, Okta stock has disappointed investors. The looming threat of macroeconomic challenges and recent Wall Street downgrades have not helped Okta stock in recent weeks. This analysis sheds light on Okta's recent financial performance, customer wins, product advancements, and business partnerships.

Okta: A Reversal Is On The Cards

Okta lost almost 1/5 of its market value after the release of Q1 earnings, where it reported softening business activity, which is expected to prevail in the short run. Meanwhile, medium- to long-term growth prospects seem to be encouraging, while margins significantly improved from sub-zero levels. This is further supported by a reasonable valuation of shares, which makes me conclude that Okta provides a good investment opportunity after the post-earnings sell-off.

Okta: Undeserved Punishment

Okta's shares plummeted despite a "beat and raise" in earnings, making it a potential rebound opportunity. The company remains a global leader in Single Sign-On, with a huge $80 billion total addressable market and strong growth prospects. Okta's valuation appears appealing after recent post-earnings weakness, with a stable subscription revenue base and above-breakeven operating margins.

Okta: Buy Now, Enjoy Later

The cybersecurity company expects growth to slow down in 2023.

Should Investors Buy The Dip in Okta Stock?

Okta beat management's targets for Q1 and raised its outlook. The company is still working toward sustainable profitability.

Why Okta Stock Dropped This Week

Okta's revenue growth continues to slow, burdened by the weight of economic conditions. Weak guidance seemed to confirm investors' fears that challenges remain.

Why Okta Stock Cratered Thursday Morning

Okta Inc (NASDAQ:OKTA) shares slumped early Thursday despite the company reporting first-quarter sales and earnings that were well ahead of Wall Street's expectations, as well as its own. In a statement, CEO and co-founder Todd McKinnon maintained the company was well-positioned to advance its position in the technology sector but warned that macroeconomic conditions are increasing.

Okta stock plunges despite 1Q earnings beat as CEO warns of tougher economic conditions

Okta, Inc NASDAQ: OKTA reported a blow-out quarter that should have the stock moving higher. Instead, the market is moving lower because of 2 analysts' downgrades, which may start a new trend.

News for Okta Stock (OKTA)