Company Overview
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.
Why Investors Should Care
Revenue has grown at a 38.0% CAGR over the past five years.
Carries low leverage with a debt-to-equity ratio of 0.06.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Jan 2026 Revenue of $2.92B (+11.8% YoY); net profit $235.00M.
- Trailing 12 Months Year-on-year growth — revenue +11.2%, earnings +21.2%.
- 5-Year Trend Long-term compounding — revenue CAGR 38.0%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 38.00% |
| 1 Year: | 11.20% |
Compounded Profit Growth
| 5 Years: | - |
| 1 Year: | 21.20% |
Stock Price Performance
| 1 Year: | +87.51% |
| 6 Months: | +111.35% |
| 3 Months: | +43.70% |
| 1 Month: | +18.88% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
Okta AI for identity threat detection + Auth for GenAI agents.
- AI-driven identity security Okta uses AI/ML for threat detection, adaptive authentication and identity-protection across its workforce and customer identity platforms.
- Identity for AI agents Okta is building identity and governance for non-human/AI agents — a new requirement as enterprises deploy autonomous AI.
- AI-assisted security operations GenAI assists admins and accelerates threat response.
- Identity leader with a new angle — securing AI agents and machine identities.
- Steady ~11% growth turning solidly free-cash-flow positive.
- Identity is mission-critical infrastructure with high retention.
- Competition (Microsoft) and a past breach are key risks.
Curated from public filings and analyst commentary; figures are illustrative.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Compounding revenue at 38.0% over 5 years.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Trading at a high P/E of 123.6.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | OKTA Okta, Inc. R3KAITECH | 170.60 | 123.62 | $28.60B | 0.00% | 2.08% | 3.67% | 38.00% | - |
| 2 | NVDA NVIDIA Corporation NDXSPXR3KAITECH | 230.36 | 35.28 | $5.58T | 0.46% | 74.66% | 114.29% | 24.64% | 32.12% |
| 3 | AAPL Apple Inc. NDXSPXR3KTECH | 319.97 | 36.69 | $4.67T | 0.35% | 68.72% | 148.75% | 1.81% | 3.92% |
| 4 | MSFT Microsoft Corporation NDXSPXR3KAITECH | 499.70 | 27.85 | $3.71T | 0.73% | 26.33% | 34.04% | 9.93% | 11.90% |
| 5 | TSM Taiwan Semiconductor Manufacturing Company Limited AITECH | 426.34 | 37.46 | $2.21T | 0.91% | 30.20% | 39.97% | 18.94% | 19.57% |
| 6 | AVGO Broadcom Inc. NDXSPXR3KAITECH | 357.90 | 59.55 | $1.70T | 0.62% | 16.70% | 37.28% | 17.04% | 54.08% |
| 7 | MU Micron Technology, Inc. NDXSPXR3KAITECH | 1,016.59 | 22.97 | $1.15T | 0.06% | 13.69% | 66.64% | 13.68% | 26.02% |
| 8 | AMD Advanced Micro Devices, Inc. NDXSPXR3KAITECH | 477.57 | 122.14 | $779.62B | 0.00% | 5.47% | 10.20% | 11.81% | 66.28% |
| 9 | ASML ASML Holding N.V. NDXAITECH | 1,714.88 | 58.49 | $658.69B | 0.53% | 42.97% | 53.94% | 15.55% | 19.55% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Apr 2016 | Jul 2016 | Oct 2016 | Apr 2017 | Jul 2017 | Oct 2017 | Apr 2018 | Jul 2018 | Oct 2018 | Apr 2019 | Jul 2019 | Oct 2019 | Apr 2020 | Jul 2020 | Oct 2020 | Apr 2021 | Jul 2021 | Oct 2021 | Apr 2022 | Jul 2022 | Oct 2022 | Apr 2023 | Jul 2023 | Oct 2023 | Apr 2024 | Jul 2024 | Oct 2024 | Apr 2025 | Jul 2025 | Oct 2025 | Apr 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | 66.91M | 83.62M | 94.59M | 105.58M | 125.22M | 140.48M | 153.04M | 182.86M | 200.45M | 217.38M | 251.01M | 315.50M | 350.68M | 415.00M | 452.00M | 481.00M | 518.00M | 556.00M | 584.00M | 617.00M | 646.00M | 665.00M | 688.00M | 728.00M | 742.00M | 765.00M |
| Gross Profit | 19.41M | 23.66M | 28.18M | 34.86M | 40.58M | 45.79M | 59.51M | 66.36M | 75.88M | 90.13M | 101.70M | 112.21M | 134.37M | 149.30M | 160.47M | 184.88M | 214.39M | 241.01M | 284.00M | 314.00M | 343.00M | 376.00M | 407.00M | 439.00M | 469.00M | 491.00M | 508.00M | 533.00M | 560.00M | 572.00M | 595.00M |
| Operating Income | -22.70M | -20.56M | -21.89M | -27.44M | -26.18M | -34.52M | -24.98M | -38.43M | -28.48M | -51.78M | -43.62M | -45.73M | -52.20M | -45.39M | -51.98M | -90.68M | -263.44M | -198.56M | -240.00M | -208.00M | -207.00M | -160.00M | -162.00M | -111.00M | -47.00M | -19.00M | -16.00M | 39.00M | 41.00M | 23.00M | 56.00M |
| Net Income | -22.75M | -20.60M | -21.93M | -27.71M | -26.03M | -33.07M | -25.96M | -39.21M | -29.52M | -51.97M | -42.98M | -63.49M | -57.66M | -60.10M | -72.76M | -109.23M | -276.68M | -221.31M | -243.00M | -210.00M | -209.00M | -119.00M | -111.00M | -81.00M | -40.00M | 29.00M | 16.00M | 62.00M | 67.00M | 43.00M | 74.00M |
| Diluted EPS | - | - | - | - | - | - | - | - | - | - | - | - | -0.47 | -0.48 | -0.56 | -0.83 | -1.83 | -1.44 | -1.56 | -1.34 | -1.32 | -0.74 | -0.68 | -0.49 | -0.24 | 0.15 | 0.00 | 0.35 | 0.37 | 0.24 | 0.42 |
| R&D Expense | 8.77M | 9.65M | 9.71M | 15.36M | 16.92M | 19.19M | 19.93M | 24.83M | 27.60M | 34.03M | 40.05M | 41.83M | 48.49M | 53.87M | 58.15M | 68.86M | 122.41M | 130.53M | 162.00M | 156.00M | 148.00M | 163.00M | 172.00M | 165.00M | 163.00M | 164.00M | 158.00M | 154.00M | 160.00M | 160.00M | 163.00M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Jan 2016 | Jan 2017 | Jan 2018 | Jan 2019 | Jan 2020 | Jan 2021 | Jan 2022 | Jan 2023 | Jan 2024 | Jan 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | 160.81M | 256.55M | 399.25M | 586.07M | 835.00M | 1.30B | 1.86B | 2.26B | 2.61B | 2.92B |
| Gross Profit | 49.88M | 104.86M | 175.79M | 285.83M | 426.69M | 617.00M | 904.00M | 1.31B | 1.68B | 1.99B | 2.26B |
| Operating Income | -75.99M | -74.67M | -111.85M | -119.62M | -185.83M | -204.00M | -768.00M | -812.00M | -516.00M | -74.00M | 149.00M |
| Net Income | -76.30M | -75.06M | -109.85M | -125.50M | -208.91M | -266.00M | -848.00M | -815.00M | -355.00M | 28.00M | 235.00M |
| Diluted EPS | - | - | - | - | -1.78 | -2.09 | -5.73 | -5.16 | -2.17 | 0.06 | 1.31 |
| R&D Expense | 28.76M | 38.66M | 70.82M | 102.39M | 159.27M | 223.00M | 469.00M | 620.00M | 656.00M | 642.00M | 639.00M |
Balance Sheet (Annual)
Figures in USD.
| Metric | Jan 2015 | Jan 2016 | Jan 2017 | Jan 2018 | Jan 2019 | Jan 2020 | Jan 2021 | Jan 2022 | Jan 2023 | Jan 2024 | Jan 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 130.63M | 399.26M | 984.31M | 1.96B | 3.30B | 9.21B | 9.31B | 8.99B | 9.44B | 9.71B |
| Total Equity | -117.20M | -158.27M | -212.36M | 199.34M | 252.38M | 405.00M | 693.00M | 5.92B | 5.47B | 5.89B | 6.41B | 7.00B |
| Cash & Equivalents | - | 54.41M | 23.28M | 127.95M | 298.39M | 520.05M | 435.00M | 260.00M | 264.00M | 334.00M | 409.00M | 858.00M |
| Total Liabilities | - | - | 146.29M | 199.92M | 731.94M | 1.55B | 2.60B | 3.28B | 3.84B | 3.10B | 3.03B | 2.71B |
| Current Liabilities | - | - | 134.50M | 187.94M | 573.10M | 546.96M | 1.55B | 1.24B | 1.47B | 1.78B | 2.52B | 2.55B |
Cash Flows (Annual)
Figures in USD.
| Metric | Jan 2016 | Jan 2017 | Jan 2018 | Jan 2019 | Jan 2020 | Jan 2021 | Jan 2022 | Jan 2023 | Jan 2024 | Jan 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -41.54M | -42.10M | -25.24M | 15.17M | 55.60M | 128.00M | 104.00M | 86.00M | 512.00M | 750.00M | 884.00M |
| Investing Cash Flow | 1.16M | 6.96M | -99.70M | -197.32M | -688.04M | -1.30B | -367.00M | -130.00M | 441.00M | -314.00M | 271.00M |
| Financing Cash Flow | 76.84M | 457.00K | 237.41M | 357.76M | 853.38M | 1.09B | 89.00M | 48.00M | -883.00M | -359.00M | -720.00M |
| Capital Expenditure | -4.09M | -6.25M | -6.55M | -19.81M | -15.44M | -13.00M | -13.00M | -12.00M | -8.00M | -8.00M | -9.00M |
| Free Cash Flow | -45.63M | -48.35M | -31.79M | -4.64M | 40.16M | 115.00M | 91.00M | 74.00M | 504.00M | 742.00M | 875.00M |
| Share Buybacks | - | - | - | - | - | - | - | - | 0 | 0 | 73.00M |
Ratios (Annual)
Figures in %.
| Metric | Jan 2016 | Jan 2017 | Jan 2018 | Jan 2019 | Jan 2020 | Jan 2021 | Jan 2022 | Jan 2023 | Jan 2024 | Jan 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | 65.2% | 68.5% | 71.6% | 72.8% | 73.9% | 69.5% | 70.6% | 74.3% | 76.3% | 77.4% |
| Operating Margin % | - | -46.4% | -43.6% | -30.0% | -31.7% | -24.4% | -59.1% | -43.7% | -22.8% | -2.8% | 5.1% |
| Net Margin % | - | -46.7% | -42.8% | -31.4% | -35.6% | -31.9% | -65.2% | -43.9% | -15.7% | 1.1% | 8.1% |
| ROE % | 48.2% | 35.3% | -55.1% | -49.7% | -51.6% | -38.4% | -14.3% | -14.9% | -6.0% | 0.4% | 3.4% |
| ROCE % | - | 1,934.0% | -52.9% | -29.1% | -13.2% | -11.6% | -9.6% | -10.4% | -7.2% | -1.1% | 2.1% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 11.25% | 18.70M | $3.11B |
| 2 | FMR, LLC | 9.80% | 16.27M | $2.70B |
| 3 | Vanguard Portfolio Management LLC | 5.39% | 8.95M | $1.49B |
| 4 | Vanguard Capital Management LLC | 4.57% | 7.59M | $1.26B |
| 5 | State Street Corporation | 3.78% | 6.27M | $1.04B |
| 6 | First Trust Advisors LP | 2.71% | 4.50M | $747.69M |
| 7 | Allspring Global Investments Holdings, LLC | 2.19% | 3.63M | $604.05M |
| 8 | Morgan Stanley | 2.07% | 3.44M | $571.89M |
| 9 | Geode Capital Management, LLC | 1.97% | 3.27M | $543.90M |
| 10 | Massachusetts Financial Services Co. | 1.84% | 3.06M | $508.78M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for OKTA
Okta (OKTA) Stock Trades Near Fair Value But At A Premium On Earnings - Yahoo Finance
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CrowdStrike posts best day ever, Okta's stock pops nearly 29% as rising AI threat lifts earnings - CNBC
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Raiffeisen Bank International AG Lowers Stock Holdings in Okta, Inc. $OKTA - marketbeat.com
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OKTA — Frequently Asked Questions
What is the current share price of Okta, Inc. (OKTA)?
As of 2026-09-07 16:24 PDT, Okta, Inc. (OKTA) trades at $170.60 on NasdaqGS. Its 52-week range is $62.93 to $173.04.
What is the market capitalisation of OKTA?
Okta, Inc. (OKTA) has a market capitalisation of $28.60B on NasdaqGS.
What is the P/E ratio of OKTA?
OKTA trades at a trailing price-to-earnings (P/E) ratio of 123.62. The industry average P/E is 32.42. Its price-to-book (P/B) ratio is 3.77.
What is the return on equity (ROE) of OKTA?
OKTA has a return on equity (ROE) of 3.67%. Its return on capital employed (ROCE) is 2.08%.
Is OKTA a good stock to buy?
This page provides a data-driven analysis of Okta, Inc. (OKTA), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.