Revenue segments as reported by the company.

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

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

Restructuring and other charges

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Year over year growth in Revenue and Operating Expenses.

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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.

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

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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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After falling 65% over the past twelve months, Okta looks poised to stage a rebound. The company has continued to deliver solid near-40% y/y revenue growth, despite hitting a ~$2 billion annual revenue run rate.

Okta: Fantastic Rebound Opportunity

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Cybersecurity stocks could get a boost from industry consolidation in 2023 as companies race to build broad platform offerings. The post Cybersecurity Stocks: Why Acquisitions Could Pick Up In 2023 appeared first on Investor's Business Daily.

Cybersecurity Stocks: Why Acquisitions Could Pick Up In 2023

It's been a rough year for the cloud identity specialist. What will 2023 bring?

Will Okta Stock Bounce Back in 2023?

Okta has confirmed that it's responding to another major security incident after a hacker accessed its source code following a breach of its GitHub repositories. The identity and authentication giant said in a statement on Wednesday that it was informed by GitHub about “suspicious access” to its code repositories earlier this month.

Okta confirms another breach after hackers steal source code

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Business growth will eventually win over the current bearish sentiment.

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Investors are hoping the company will return to profitability in the new year.

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The software specialist just raised its short-term earnings outlook.

2 Reasons to Buy Okta and 1 Reason to Sell

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Okta is a leader in the mission-critical identity management space, a market that saw significant consolidation recently. Recent acquisition prices in the space suggest that shares of the company are undervalued.

Okta: Undervalued Leader In A Mission-Critical And Consolidating Market With Execution Problems

Okta, Inc. is down almost 71% YTD. We believe the shares have over-corrected, providing an unprecedented window to invest in the stock at a discount. We like Okta's position in the cloud security market spearheading the IAM space and expect the stock has been de-risked after the YTD pullback.

Okta: Cloud Security Ballooning

The consensus price target hints at a 32.3% upside potential for Okta (OKTA). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Think Okta (OKTA) Could Surge 32%: Read This Before Placing a Bet

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Business software providers are seeing their customers grow more cautious in a rocky economy. Citing recent comments from executives at companies like Salesforce, Okta and Crowdstrike, the Wall Street Journal (WSJ) reported on the shift in sentiment on Sunday (Dec. 4).

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The market is underestimating this cloud identity leader.

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After addressing several challenges, the identity and access management specialist appears to have its business back on track.

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Okta, Inc. is a leader in identity access management. The company reported strong financial results for the third quarter of fiscal year 2023, beating both revenue and earnings growth estimates.

Okta: Huge Rally After Super Earnings Report

Okta is struggling but a recent earnings beat has boosted expectations. Can they maintain this momentum and get out of the red?

News for Okta Stock (OKTA)