In Q1 FY2027 (ended April 30, 2026), Okta reported revenue of $765 million, up 11.2% year-over-year. Net income was $74 million, a 19.4% increase, while operating income rose 43.6% to $56 million. Diluted EPS grew 20% to $0.42. The company held $762 million in cash and $6.9 billion in equity, with no long-term debt.
•Revenue of $765M (+11.2% YoY).
•Net income of $74M (+19.4% YoY).
•Operating income of $56M (+43.6% YoY).
•Diluted EPS of $0.42 (+20% YoY).
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Okta is an identity partner in the United States and globally. It offers Single Sign-on to secure access to cloud and on-premises applications from any device. Its portfolio also includes 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, and Universal Directory for a cloud-based system of record, as well as Identity Threat Protection.
Its portfolio also includes 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. Additionally, it provides Universal Login, a standards-based login infrastructure.
Its portfolio also includes 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. Incorporated in 2009, The company was formerly known as Saasure, Inc. Okta is headquartered in San Francisco, California.
Okta, Inc. is an identity partner that provides identity and access management solutions for organizations in the United States and globally. Its core offering is Single Sign-On (SSO), which enables secure access to cloud and on-premises applications from any device. The company also offers Adaptive Multi-Factor Authentication (MFA) for risk-based security, API Access Management to secure APIs, Access Gateway for hybrid IT environments, and Universal Directory as a cloud-based system of record. Additionally, Okta provides Identity Threat Protection, Identity Security Posture Management, and solutions for AI Agents. Its portfolio includes Lifecycle Management, Okta Workflows, Identity Governance, Advanced Server Access, and Okta Privileged Access. Okta also offers Universal Login, Attack Protection Suite, Passwordless authentication, Machine-to-Machine Tokens, and Private Cloud deployment.
On which stock exchange is Okta listed and what currency does it trade in?
Okta, Inc. is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol OKTA. Its shares trade in United States Dollars (USD), which is the official currency of the United States. As a US-based company listed on a major American exchange, Okta's stock is traded in USD, making it accessible to investors through US brokerage accounts and international platforms that support Nasdaq-listed securities.
What sector and industry does Okta operate in?
Okta, Inc. operates in the Technology sector, specifically within the Software - Infrastructure industry. This classification reflects the company's focus on providing foundational software solutions that support IT infrastructure, particularly identity and access management. As a software infrastructure company, Okta's products are designed to integrate with existing systems and enable secure digital operations for businesses. Its offerings are critical for managing user identities, authentication, and access controls across cloud and on-premises environments, which are essential components of modern enterprise IT infrastructure.
Where is Okta headquartered and what markets does it serve?
Okta, Inc. is headquartered in the United States and serves customers both domestically and globally. The company describes itself as an identity partner in the United States and globally, indicating a broad international presence. While the exact headquarters city is not specified in the provided data, its US base allows it to serve a wide range of clients, from small businesses to large enterprises, across various industries. Okta's solutions are designed to meet the identity and access management needs of organizations worldwide, supporting multi-cloud and hybrid IT environments.
What are some notable products in Okta's portfolio?
Okta's portfolio includes several notable products beyond its core Single Sign-On (SSO) and Adaptive Multi-Factor Authentication (MFA). Key offerings include API Access Management, which helps organizations secure APIs as systems; Access Gateway for extending Okta to hybrid IT environments; and Okta Device Access for secure device login. The company also provides Identity Threat Protection and Identity Security Posture Management to safeguard digital assets. For AI integration, Okta offers Okta for AI Agents to manage AI agent identities. Governance products include Lifecycle Management, Okta Workflows, Okta Identity Governance, and Cross App Access. Additionally, Advanced Server Access and Okta Privileged Access manage access to cloud infrastructure. Other products include Universal Login, Attack Protection Suite, Passwordless authentication, Machine-to-Machine Tokens, and Private Cloud deployment.