Okta Inc

Okta Inc

OKTA · NASDAQ · Technology / Software - Infrastructure

208.52USD-3.39 (-1.60%)

Price History

Full chart

Market Stats

Previous Close211.92
Open204.14
Day Range202.97 – 210.35
52-Week Range62.66 – 212.5
Volume3.51M
Market Cap34.12B
P/E (TTM)116.88
Forward P/E54.35
EPS1.67
Dividend Yield0.00%
Beta0.79
50-Day Avg157.24
200-Day Avg108.63

About

Okta, Inc. operates as an identity partner in the United States and internationally. It offers Single Sign-on to secure access to cloud and on-premises applications from any device; Adaptive MFA for a risk-based layer of security for an organization's cloud, mobile, and web applications; API Access Management, which enables organizations to secure APIs as systems; Access Gateway, which extends the Okta platform to hybrid IT environments; Okta Device Access, which extends Okta platform's secure access management to the device login experience; Universal Directory for a cloud-based system of record. The company also provides Identity Threat Protection; Identity Security Posture Management for security measures and safeguards digital assets; Okta for AI Agents to discover, register, authenticate, govern, and manage AI Agents; Identity Governance and Administration products, including Lifecycle Management, Okta Workflows, Okta Identity Governance, and Cross App Access; Advanced Server Access for continuous and contextual access management to secure cloud infrastructure; and Okta Privileged Access to reduce risk with unified access and governance management. In addition, it provides Universal Login, a standards-based login infrastructure; Attack Protection Suite to minimize risks associated with identity-targeted attacks; Adaptive MFA; Passwordless, which enables users to login without a password; Machine-to-Machine Tokens for authentication and authorization with NHIs; Private Cloud, a deployment option; Organizations, which support a large number of partners or customers; Extensibility, which enables customers to build customized identity flows; Fine Grained Authorization, which manages complex authorization scenarios; and Auth0 for AI Agents to secure and scale agentic applications. The company was formerly known as Saasure, Inc. Okta, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.

Company Details

  • SectorTechnology
  • IndustrySoftware - Infrastructure
  • CEOMr. Todd McKinnon
  • Employees6.37K
  • Headquarters100 First Street, San Francisco, CA, United States, 94105, USA
  • Websitehttps://www.okta.com

Leadership

  • Mr. Todd McKinnonCo-Founder, Chairman & CEO · b. 1972
  • Mr. Jacques Frederic KerrestCo-Founder & Executive Vice Chairman · b. 1978
  • Mr. Eric KelleherPresident & COO · b. 1972
  • Mr. Brett TigheChief Financial Officer · b. 1980
  • Mr. Jon AddisonChief Revenue Officer · b. 1975
  • Ms. Larissa SchwartzSenior Advisor · b. 1972
  • Mr. Shibu Ninan CPAChief Accounting Officer · b. 1975
  • Mr. Dave GennarelliSenior Vice President of Investor Relations
  • Mr. Scott MorganChief Legal Officer
  • Mr. Monty GrayExecutive Vice President of Corporate Development

Financials

Income Statement

Line item2015-01-312016-01-312017-01-312018-01-312019-01-312020-01-312021-01-312022-01-312023-01-312024-01-312025-01-312026-01-31
Total Revenue41.01M85.91M160.81M256.55M399.25M586.07M835.00M1.30B1.86B2.26B2.61B2.92B
Cost of Revenue18.73M36.02M55.95M80.75M113.42M159.38M217.68M396.40M546.00M581.00M618.00M661.00M
Gross Profit22.28M49.88M104.86M175.79M285.83M426.69M617.00M904.00M1.31B1.68B1.99B2.26B
Operating Income-58.78M-75.99M-74.67M-111.85M-119.62M-185.83M-204.00M-768.00M-812.00M-516.00M-63.00M153.00M
EBITDA-56.86M-73.10M-70.06M-103.17M-102.44M-165.50M-156.00M-651.00M-676.00M-245.00M149.00M355.00M
Net Income-59.11M-76.30M-75.06M-109.85M-125.50M-208.91M-266.00M-848.00M-815.00M-355.00M28.00M235.00M
R&D18.37M28.76M38.66M70.82M102.39M159.27M223.00M469.00M620.00M656.00M642.00M639.00M
Interest Expense000015.07M27.02M72.66M91.00M11.00M8.00M5.00M4.00M

Balance Sheet

Line item2015-01-312016-01-312017-01-312018-01-312019-01-312020-01-312021-01-312022-01-312023-01-312024-01-312025-01-312026-01-31
Total Assets97.05M149.76M130.63M399.26M984.31M1.96B3.30B9.21B9.31B8.99B9.44B9.71B
Total Liabilities50.49M102.87M134.50M187.94M731.94M1.55B2.60B3.28B3.84B3.10B3.03B2.71B
Total Equity37.33M46.89M-15.65M199.34M252.38M405.34M694.04M5.92B5.47B5.89B6.41B7.00B
Cash18.20M54.41M23.28M127.95M298.39M520.05M434.61M260.00M264.00M334.00M409.00M858.00M
Total Debt-426.00K--429.59M1.10B1.97B2.03B2.37B1.30B952.00M422.00M
Net Debt-18.20M-54.41M-23.28M-127.95M131.19M584.23M1.53B1.77B2.10B963.00M543.00M-436.00M

Cash Flow

Line item2015-01-312016-01-312017-01-312018-01-312019-01-312020-01-312021-01-312022-01-312023-01-312024-01-312025-01-312026-01-31
Operating Cash Flow-32.75M-41.54M-42.10M-25.24M15.17M55.60M128.00M104.00M86.00M512.00M750.00M914.00M
Investing Cash Flow-48.57M1.16M6.96M-99.70M-197.32M-688.04M-1.30B-367.00M-130.00M441.00M-314.00M271.00M
Financing Cash Flow77.31M76.84M457.00K237.41M357.76M853.38M1.09B89.00M48.00M-883.00M-359.00M-750.00M
Capital Expenditure2.94M6.70M11.74M11.98M22.66M27.92M17.00M17.00M23.00M24.00M20.00M9.00M
Free Cash Flow-35.69M-48.24M-53.84M-37.22M-7.49M27.68M111.00M87.00M63.00M488.00M730.00M905.00M
Dividends Paid---0--------

Earnings

Report DateApr 6, 2017Jun 7, 2017Sep 7, 2017Dec 6, 2017Mar 7, 2018Jun 6, 2018Sep 6, 2018Dec 5, 2018Mar 7, 2019May 30, 2019Aug 28, 2019Dec 5, 2019Mar 5, 2020May 28, 2020Aug 27, 2020Dec 2, 2020Mar 3, 2021May 26, 2021Sep 1, 2021Dec 1, 2021Mar 2, 2022Jun 2, 2022Aug 31, 2022Nov 30, 2022Mar 1, 2023May 31, 2023Aug 30, 2023Nov 29, 2023Feb 28, 2024May 29, 2024Aug 28, 2024Dec 3, 2024Mar 3, 2025May 27, 2025Aug 26, 2025Dec 2, 2025Mar 4, 2026May 28, 2026Aug 26, 2026
EPS Estimate--0.61-0.26-0.24-0.15-0.16-0.19-0.11-0.08-0.21-0.10-0.12-0.05-0.17-0.02-0.01-0.01-0.20-0.33-0.23-0.24-0.34-0.30-0.240.090.120.210.290.510.540.610.580.740.770.850.760.850.310.44
EPS Actual-0.41-0.50-0.16-0.19-0.10-0.09-0.15-0.04-0.04-0.19-0.05-0.07-0.01-0.070.070.040.06-0.10-0.11-0.07-0.18-0.27-0.10-0.070.300.220.310.440.630.650.720.670.780.860.910.820.900.410.58
Surprise-18.03%38.46%20.83%33.33%43.75%21.05%63.64%50.00%9.52%50.00%41.67%80.00%58.82%450.00%500.00%700.00%50.00%66.67%69.57%25.00%20.59%66.67%70.83%233.33%83.33%47.62%51.72%23.53%20.37%18.03%15.52%5.95%11.69%7.06%7.89%5.88%32.26%31.82%
TimingPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap34.12B
Enterprise Value33.66B
Trailing P/E116.88
Forward P/E54.35
PEG Ratio1.70
Price / Sales11.10
Price / Book5.15
EPS1.67
Book Value39.89
Revenue (TTM)3.07B
Gross Profit (TTM)2.40B
EBITDA321.00M
Profit Margin9.63%
Operating Margin13.29%
Return on Equity4.31%
Return on Assets1.58%
Shares Outstanding167.14M
Shares Float166.73M
Beta0.79
Dividend Yield0.00%
Dividend Rate0
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 45 analystsTarget 207.6
  • Strong Buy
    18
  • Buy
    8
  • Hold
    18
  • Sell
    1

Ownership Breakdown

Institutions
99.38%
Insiders
0.55%
Retail / Other
0.07%

Top Institutional Holders

  • BlackRock Inc
    19.04M10.89%
  • FMR Inc
    11.34M6.49%
  • Vanguard Portfolio Management, LLC
    9.23M5.28%
  • Vanguard Capital Management, LLC
    7.59M4.34%
  • State Street Corp
    6.11M3.49%
  • First Trust Advisors L.P.
    4.50M2.57%
  • Massachusetts Financial Services Company
    3.74M2.14%
  • Allspring Global Investments Holdings, LLC
    3.63M2.08%
  • UBS Group AG
    3.40M1.95%
  • Geode Capital Management, LLC
    3.39M1.94%
  • American Century Companies Inc
    2.92M1.67%
  • Point72 Asset Management, L.P.
    2.77M1.58%
  • Swedbank AB
    2.57M1.47%
  • UBS Asset Mgmt Americas Inc
    2.47M1.41%
  • JPMorgan Chase & Co
    2.28M1.30%

Top Fund Holders

  • Fidelity Select Technology
    6.36M3.64%
  • iShares Core S&P Mid-Cap ETF
    5.87M3.36%
  • Vanguard MStar Total Stk Mkt Idx Invest
    5.34M3.06%
  • Vanguard Small Cap Index
    3.87M2.21%
  • First Trust NASDAQ Cybersecurity ETF
    3.73M2.13%