Okta (OKTA)

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Okta is a cloud-based identity and access management company that helps organisations control who can access their digital systems, applications and data. Headquartered in San Francisco, the company became publicly listed in 2017 and has built its business around the idea that identity is a central layer of enterprise security. Its platform is used by businesses, public-sector organisations and digital service providers to manage authentication, authorisation and user lifecycle processes.

Okta serves two main markets. Its workforce identity products are designed for employees, contractors, partners and other internal or affiliated users who need secure access to corporate resources. These tools support functions such as single sign-on, multi-factor authentication, directory integration, privileged access controls and automated onboarding or offboarding. They are particularly relevant for companies using a mix of cloud applications, on-premises systems and remote work arrangements.

The company also addresses customer identity through Auth0, a platform Okta acquired to help developers embed login, registration and access management into consumer-facing applications. This part of the business enables clients to provide secure and flexible sign-in experiences for their own customers while reducing the complexity of building identity infrastructure internally.

Okta operates in a competitive cybersecurity market, but its distinctive position comes from its vendor-neutral approach and focus on identity as a standalone security category. As organisations adopt more software-as-a-service tools, expand hybrid work and face increasingly sophisticated cyber threats, Okta’s products are designed to make access easier for legitimate users while making unauthorised entry harder.

119.96 USD
116.01 USD
+3.11 (+2.66%)
After-hours

Last updated

Market Cap
20.31B
P/E
82.22
P/FCF
22.54
P/S
6.78
Enterprise Value
19.9B
Sector
Industrials
Industry
Prepackaged Software
Address
100 FIRST STREET, SAN FRANCISCO, CA, 94105
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Market Cap
20.31B
Enterprise Value
19.9B
P/E
82.22
P/B
2.94
P/S
6.78
EV / EBITDA
74.52
EV / Sales
6.64
EPS
1.42
Dividend Yield
0%
P/FCF
22.54
P/CF
22.08
Free Cash Flow
901M
ROE
3.58%
ROA
2.64%
Debt / Equity
0.05
Current Ratio
1.43
Quick Ratio
1.43
Cash
0.33
Avg Volume
4.15M
Fundamentals Snapshot Price
116.85

Income Statement

Line Item 2027 Q1 2026 Q4 2026 Q3 2026 Q2 2026 Q1
Revenue 765M 761M 742M 728M 688M
Gross profit 595M 593M 572M 560M 533M
Operating income 56M 46M 23M 41M 39M
EBITDA 81M 74M 47M 65M 63M
Net income 74M 63M 43M 67M 62M
Basic EPS 0.42 0.35 0.24 0.38 0.36
Diluted EPS 0.42 0.35 0.24 0.37 0.35

Balance Sheet

Line Item 2027 Q1 2026 Q4 2026 Q3 2026 Q2 2026 Q1
Total assets 9.35B 9.71B 9.23B 9.55B 9.37B
Total liabilities 2.45B 2.71B 2.34B 2.8B 2.8B
Total equity 6.9B 7B 6.89B 6.75B 6.57B
Cash & equivalents 762M 858M 645M 876M 494M
Current assets 3.31B 3.64B 3.2B 3.57B 3.37B
Current liabilities 2.31B 2.55B 2.18B 2.65B 2.3B

Cash Flow

Line Item 2027 Q1 2026 Q4 2026 Q3 2026 Q2 2026 Q1
Operating cash flow 277M 258M 218M 167M 241M
Investing cash flow -78M 48M 105M 238M -120M
Financing cash flow -293M -98M -555M -22M -45M
Change in cash -96M 213M -233M 384M 85M
Kind Filing Date Link
edgar index 144 — Okta, Inc. View Filing
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edgar index 144 — Okta, Inc. View Filing
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edgar index 144 — Okta, Inc. View Filing
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edgar index 144 — Okta, Inc. View Filing
form 4 Form 4 — Schwartz Larissa View Filing
edgar index 144 — Okta, Inc. View Filing
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edgar index SCHEDULE 13G — Okta, Inc. View Filing
edgar index 8-K — Okta, Inc. View Filing
eight k text 8-K — 8-K View Filing
edgar index 4 — Okta, Inc. View Filing
form 4 Form 4 — Schellhase David View Filing
form 4 Form 4 — Schellhase David View Filing
edgar index 4 — Okta, Inc. View Filing
edgar index 144 — Okta, Inc. View Filing
form 4 Form 4 — Schwartz Larissa View Filing
form 4 Form 4 — Schwartz Larissa View Filing
form 4 Form 4 — Schwartz Larissa View Filing
form 4 Form 4 — Schwartz Larissa View Filing
form 4 Form 4 — Schwartz Larissa View Filing
form 4 Form 4 — Schwartz Larissa View Filing
edgar index 4 — Okta, Inc. View Filing
form 4 Form 4 — Kelleher Eric Robert View Filing
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form 4 Form 4 — Kelleher Eric Robert View Filing
form 4 Form 4 — Kelleher Eric Robert View Filing
form 4 Form 4 — Kelleher Eric Robert View Filing
form 4 Form 4 — Kelleher Eric Robert View Filing
edgar index SCHEDULE 13G/A — Okta, Inc. View Filing
edgar index 4 — Okta, Inc. View Filing
edgar index 144 — Okta, Inc. View Filing
edgar index 4 — Okta, Inc. View Filing
edgar index 144 — Okta, Inc. View Filing
form 4 Form 4 — Addison Jonathan James View Filing
form 4 Form 4 — Addison Jonathan James View Filing
form 4 Form 4 — Addison Jonathan James View Filing
form 4 Form 4 — Addison Jonathan James View Filing
form 4 Form 4 — Addison Jonathan James View Filing
form 4 Form 4 — Addison Jonathan James View Filing
form 4 Form 4 — Addison Jonathan James View Filing
edgar index 8-K — Okta, Inc. View Filing
edgar index 4 — Okta, Inc. View Filing
edgar index 4 — Okta, Inc. View Filing
edgar index 4 — Okta, Inc. View Filing
edgar index 144 — Okta, Inc. View Filing