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

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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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The cloud identity software specialist easily beat estimates in its fourth-quarter estimates.

Why Okta Stock Popped Today

Okta Inc. shares rallied Thursday as Wall Street greeted the identity-management software company's forecast of profitability for the year with cautious optimism as it navigates a tight cloud-software spending environment.

Okta stock surges as Wall Street thinks software company is ‘partially out of the woods'

Okta Inc (NASDAQ:OKTA) reported fiscal fourth-quarter results that topped expectations, earning the IT systems identity management company a price target upgrade from analysts at Canaccord.  The firm upped its price target to $85 from $70 and maintained its ‘Hold' rating for the stock.

Identity management firm Okta shares pop on fiscal 4Q expectations beat, price target bump from Canaccord

The cloud security company gets growth back on track, with better profits and a less risky valuation to boot.

Okta Is on Safer Ground Now

Okta's (OKTA) fourth-quarter fiscal 2023 results reflect the benefits of an expanding clientele.

OKTA Q4 Earnings Beat Estimates, Revenues Increase Y/Y

Okta (NASDAQ: OKTA ) stock is on the rise Thursday following an upgrade from Cowen analyst Shaul Eyal. The Cowen analysts upgraded shares of OKTA stock from a “market perform” rating to an “outperform” rating.

OKTA Stock Alert: What to Know as Cowen Upgrades Okta Shares

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More than 20 analysts covering the stock hiked their price target following the company's earnings, according to FactSet data.

Okta Stock Is Soaring. Wall Street Sees More Upside.

Okta, Inc. (NASDAQ:OKTA ) Q4 2023 Results Conference Call March 1, 2023 5:00 PM ET Company Participants Dave Gennarelli - SVP, IR Todd McKinnon - CEO and Co-Founder Brett Tighe - CFO Conference Call Participants Rob Owens - Piper Sandler Gray Powell - BTIG Hamza Fodderwala - Morgan Stanley Jonathan Ho - William Blair Ittai Kidron - Oppenheimer Adam Tindle - Raymond James Gabriela Borges - Goldman Sachs Rudy Kessinger - D.A. Davidson Matt Hedberg - RBC Brian Colley - Stephens Shaul Eyal - TD Cowen Joe Gallo - Jefferies Adam Borg - Stifel Billy Fitzsimmons - MoffettNathanson Eric Heath - KeyBanc Peter Weed - Bernstein Keith Bachman - BMO Madeline Brooks - BofA Brian Essex - JPMorgan Tez Koujalgi - Wedbush Patrick Colville - Scotiabank Fatima Boolani - Citi Dave Gennarelli Hi, everybody.

Okta, Inc. (OKTA) Q4 2023 Earnings Call Transcript

OKTA stock soared after releasing solid earnings. The key surprise was guidance for strong growth in non-GAAP operating income.

Okta Is Rising: Improving Profitability, Resilient Revenue Growth

Shares of Okta Inc (NASDAQ: OKTA) jumped 15% in extended trading after the identity and access management company reported market-beating results for its fourth financial quarter. Okta stock up on exciting guidance The tech stock is also being rewarded because the company's future outlook came in well above the Street expectations.

Okta stock is up 15% in extended hours: what happened?

Okta (OKTA) delivered earnings and revenue surprises of 200% and 4.30%, respectively, for the quarter ended January 2023. Do the numbers hold clues to what lies ahead for the stock?

Okta (OKTA) Surpasses Q4 Earnings and Revenue Estimates

Weakness in the stock market Wednesday gave way to excitement in after-hours trading as key tech companies announced their latest financial results.

These 2 SaaS Stocks Have Shareholders Jumping for Joy

Okta Inc. topped Wall Street estimates by a wide margin late Wednesday and forecast adjusted earnings that were more than double what analysts on average had forecast.

Okta stock jumps 9% as earnings forecast more than doubles expectations

SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (Nasdaq: OKTA), the leading independent identity provider, today announced financial results for its fourth quarter and fiscal year ended January 31, 2023. “We're pleased with our fourth quarter financial performance and the continued improvement of our go-to-market execution,” said Todd McKinnon, Chief Executive Officer and co-founder of Okta.

Okta Announces Fourth Quarter And Fiscal Year 2023 Financial Results

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Okta (OKTA) doesn't possess 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) Reports Next Week: Wall Street Expects Earnings Growth

After lowering guidance, OKTA has a low bar to jump over. Beaten-up stocks that have exceeded low expectations have rallied nicely post-earnings.

Okta: Low Bar And Fixable Problems Bode Well For The Stock

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Okta Is A Gem As Tech Recovers

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News for Okta Stock (OKTA)