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Okta, Inc.

OKTA

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.

Market cap
$23.36B+43.4%
Revenue$3.1B+11.2%
Net income$296.0M+76.2%
Free cash flow$979.0M+15.5%
EPS (diluted)$1.66+93.0%
Trailing twelve months · change vs. prior year

Earnings

Next report

Date not yet announced

Financials

Q2 2027

Income statement

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Revenue$805.0M+10.6%
Gross profit$641.0M+14.5%
Operating income$107.0M+161%
Net income$116.0M+73.1%
EPS (diluted)$0.65+75.7%

Balance sheet

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Cash & equivalents$769.0M-13.0%
Total debt$53.0M-94.4%
Total equity$7.0B+3.2%
Total assets$9.1B-4.3%

Cash flow

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Operating cash flow$234.0M+40.1%
CapEx$1.0M-50.0%
Free cash flow$233.0M+41.2%

Valuation & ratios

Valuation

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Market cap$23.36B+43.4%
Enterprise value$22.65B+38.6%
P/E78.9×-18.0×
P/S7.6×+1.7×

Profitability

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Gross margin78.1%+1.2pp
Operating margin7.5%
Net margin9.6%+3.6pp
FCF margin31.9%+1.2pp

Returns & leverage

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Return on equity4.3%+1.7pp
Debt / equity-0.1×
Current ratio1.5×+0.2×

Segments

By product

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Subscription$793.0M+11.5%
Professional services and other$12.0M-29.4%

Competitors

Profile

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.

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.

GeographiesGlobal
Customer segmentsEnterprise, Public Sector, SMB, Developers
Business modelSubscription SaaS, B2B, Usage-based
SuppliersPublic cloud infrastructure providers, Data center operators, Hardware component manufacturers
CustomersIT departments, Security operations centers, Software engineering teams, End-users and consumers
Listed2017
Employees5.7K
CEOTodd McKinnon
Websiteokta.com
FilingsSEC EDGAR

FAQ

What is Okta, Inc.'s market cap?
Okta, Inc. (OKTA) has a market capitalization of $23.4B and trades on NASDAQ.
What is Okta, Inc.'s revenue and profitability?
Okta, Inc. generated $3.1B in trailing twelve-month revenue with net income of $296.0M, representing a net margin of 9.6%. Gross margin stands at 78.1%, with free cash flow of $979.0M. These figures are based on the Q3 2026 filing.
Who are Okta, Inc.'s competitors?
Okta, Inc.'s key competitors include Microsoft, IBM, Oracle, and others. These companies compete in similar markets and product categories.
Who does Okta, Inc. partner with?
Okta, Inc.'s notable partners include Amazon Web Services, Google Cloud, Microsoft Azure.
What subsidiaries does Okta, Inc. have?
Okta, Inc.'s subsidiaries include Auth0.
Where is Okta, Inc. headquartered?
Okta, Inc. is headquartered in United States of America and employs approximately 5,710 people. It has been publicly traded since 2017.