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OKTA - Okta, Inc.

Company Overview

Cybersecurity company providing threat detection and network security solutions.

Key Characteristics

Employees
4,000
Founded
2005
Revenue (TTM)
$2.0B
Revenue (Prior Year)
$1.7B
R&D Spend (TTM)
$400.0M
R&D Spend (Prior Year)
$350.0M

Products & Services

Okta, Inc. Core Product

Primary product/service offering from Okta, Inc..

Pricing Model
Contact for pricing
Marketing Approach
Main offering from Okta, Inc.

Customer Segments

Direct Customers
  • Businesses
  • Enterprises
Indirect/End Customers
  • End users
Problems Solved / Use Cases
  • Business operations
  • Digital transformation

Geographic Presence

Headquarters
United States
Operating Regions (3)
United StatesEuropeAsia-Pacific
Revenue by Region
Europe25%
Asia-Pacific15%
North America60%

SEC Filing Analyses (10)

10-Q

Q4 2025

Positive
Dec 3, 2025

Okta Shows Accelerating Profitability with 11.6% YoY Revenue Growth and Margin Expansion

Okta demonstrated strong execution in Q4 with revenue growing 11.6% YoY to $742M while achieving meaningful profitability improvements. Operating income turned positive at $23M compared to a $16M loss...

10-Q

Q4 2024

Positive
Dec 4, 2024

Okta Shows Resilience Amid Security Challenges, Shifts Focus to Operational Efficiency

Okta demonstrates financial stability with strong cash position ($2.25B combined cash and investments) despite ongoing security and market challenges. Revenue growth remains steady while the company i...

10-Q

Q2 2024

Positive
Aug 29, 2024

Okta's Accelerating Growth and Margin Expansion Signal Strategic Transformation Success

Okta demonstrated strong execution with revenue growing to $584M (+23% YoY) while significantly improving operating margins to 16.4% (+870bps YoY). The company's strategic focus on enterprise customer...

10-Q

Q1 2024

Positive
May 30, 2024

Okta Shows Revenue Growth Resilience Despite Margin Pressure and Security Challenges

Okta demonstrated continued growth momentum in Q1 2024 while navigating operational headwinds and security concerns. Revenue grew to $559M with improving cash position but margins remained under press...

10-K

FY 2024

Neutral
Mar 1, 2024

Okta's Security Challenges and Slowing Growth Signal Strategic Inflection Point

Okta faces mounting challenges as cybersecurity incidents and slowing customer growth threaten its market position. The company's history of losses continues with expectations for further deficits, de...

10-Q

Q4 2023

Positive
Dec 1, 2023

Okta Shows Revenue Growth but Strategic Shifts Amid Identity Security Challenges

Okta continues to navigate a challenging identity security landscape with revenue reaching $2.727B in current assets, down from $3.229B in January 2023. The company faces increased competition and sec...

10-K

FY 2023

Positive
Mar 3, 2023

Okta's Identity Platform Scales Despite Integration Challenges and Economic Headwinds

Okta demonstrated resilient growth with revenue up 43% YoY to $1.86B, despite macro challenges and Auth0 integration complexities. The company reached 17,600 customers (+14% YoY) while maintaining a r...

10-Q

Q4 2022

Neutral
Dec 1, 2022

Okta's Growth Decelerates Amid Integration Challenges and Rising Competition

Okta faces significant headwinds as Q4 2022 shows decelerating growth and ongoing Auth0 integration challenges. Revenue grew 37% YoY to $481M, but margins remained pressured with operating losses wide...

10-K

FY 2022

Positive
Mar 7, 2022

Okta's Identity Platform Scales Rapidly Despite Integration Challenges and Security Concerns

Okta demonstrated strong growth with revenue surging 56% YoY to $1.3B, driven by enterprise adoption and Auth0 acquisition. Customer base expanded 27% to 15,000+ organizations, though Auth0 integratio...

10-Q

Q4 2021

Positive
Dec 2, 2021

Okta's Auth0 Integration and Enterprise Push Drive Record Growth Despite Margin Pressure

Okta shows strong momentum with revenue growth accelerating to $337.1M (+61% YoY) driven by Auth0 acquisition and enterprise customer expansion. Gross margins compressed 500bps to 71.3% as Auth0 integ...