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Okta, Inc.

OKTANASDAQStock Fundamentals

Okta is a leading independent identity provider that offers cloud-based platforms to manage and secure digital access for people, non-human identities, and AI agents. The company provides a unified control plane that enables organizations to transition to Zero Trust security models by governing access across applications, IT infrastructure, and APIs. Its core value proposition lies in technological neutrality, allowing customers to securely connect any user to any technology regardless of the underlying cloud or on-premises environment.

Market Cap$21.4B
Revenue TTM$3.0B
Net Income TTM$247.0M
P/E Ratio86.74
Net Margin8.24%
EPS TTM$1.38
Free Cash Flow TTM$911.0M
Employees5.7K
CEOTodd McKinnon
United States of America flag
CountryUnited States of America
Technology
Software - Infrastructure
SegmentsSoftware, Cybersecurity, Identity and Access Management (IAM)
Business ModelsSubscription SaaS, B2B, Usage-based
Most Recent EarningsMay 28, 2026 · 15 days agoQ1 2027
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Next EarningsAug 25, 2026 · in 2 monthsAfter Market Close · Q2 2027

Financials

Based on Q1 2027 filing

Gross Margin77.44%
Op. Margin5.54%
ROE3.67%
D/E5.96%
Current Ratio1.43
Total Debt$411.0M
Cash$768.0M
CapEx TTM$9.0M

Gross Profit

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Net Income

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Operating Cash Flow

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Free Cash Flow

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EPS (Diluted)

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Business Segments

Workforce Identity

primary

Solutions designed to manage and secure the identities of an organization's internal stakeholders, including employees, contractors, and partners, across their lifecycle.

Products

Okta Platform, Adaptive Access and Authentication, Automated Governance and Lifecycle Management, Unified Security Posture, Okta for AI Agents

Customers

Enterprises, Government agencies, Universities, Small- and medium-sized businesses

Customer Identity

major

Developer-centric solutions that enable organizations to embed secure, extensible identity management into their own consumer-facing or citizen-facing applications.

Products

Auth0 Platform, Auth0 for AI Agents, Cross App Access, Fine Grained Authorization (FGA), Adaptive MFA

Customers

Application developers, SaaS providers, Consumer brands, Nonprofits

Segment Financials

Professional services and other — Total Revenue

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Subscription — Total Revenue

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Subscription — Total Cost of Revenue

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Business Overview

Competitive Position

Okta is a leading independent provider in the identity space, leveraging a neutral platform and a vast integration network to compete against diversified technology giants.

Geographies

Global

Customer Segments

Enterprise, Public Sector, SMB, Developers

Upstream Dependencies

Public cloud infrastructure providers, Data center operators, Hardware component manufacturers

Downstream Customers

IT departments, Security operations centers, Software engineering teams, End-users and consumers

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Okta, Inc. FAQ

Common questions about Okta, Inc.

Okta is a leading independent identity provider that offers cloud-based platforms to manage and secure digital access for people, non-human identities, and AI agents. The company provides a unified control plane that enables organizations to transition to Zero Trust security models by governing access across applications, IT infrastructure, and APIs. Its core value proposition lies in technological neutrality, allowing customers to securely connect any user to any technology regardless of the underlying cloud or on-premises environment.

Okta, Inc. (OKTA) has a market capitalization of $21.4B and trades on NASDAQ.

Okta, Inc. generated $3.0B in trailing twelve-month revenue with net income of $247.0M, representing a net margin of 8.2%. Gross margin stands at 77.4%, with free cash flow of $911.0M. These figures are based on the Q2 2026 filing.

Okta, Inc.'s key competitors include IBM, Oracle, Microsoft, and others. These companies compete in similar markets and product categories.

Okta, Inc. has approximately 5,710 employees.