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Okta OKTA · USD

Information Technology · US listing · 🇺🇸 United States

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177.57

+5.26%

Close of 9 Nov 2026, in USD

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About Okta

From its filings with the US Securities and Exchange Commission

SEC filings

Okta is based in San Francisco, California and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker OKTA. The SEC classifies its business as prepackaged software. In the fiscal year to 31 January 2026, it reported revenue of $2.92bn and net income of $235.0m. At that date it held total assets of $9.71bn and shareholders' equity of $7.00bn. By business, Subscription brought in 97.8% of revenue, followed by Professional services and other at 2.2%. By region, United States accounted for 79.5%, followed by International at 20.5%.

In its own words

We are the leading independent identity partner. Our vision is to free everyone to safely use any technology, and we believe identity is the key to making that happen. Our purpose is to bring simple and secure digital access to people and organizations everywhere. Our Okta Platform and Auth0 Platform enable our customers to securely connect the right people to the right technologies and services at the right time.

Identity is becoming the most critical layer of an organization’s security. The acceleration of digital transformation, cloud adoption and the evolving security threat landscape continue to drive a shift in how organizations securely manage the identity of their employees, contractors and partners. As organizations shift from network-based security models to a Zero Trust security model focused on adaptive and context-aware controls, identity has become the most reliable way to manage user access and protect digital assets.

In addition to these established drivers, the emergence of artificial intelligence (“AI”) and the deployment of AI agents may, over time, create new opportunities for identity management. We see a potential long-term opportunity for our platforms to serve as a unified, independent control plane for non-human identities (“NHIs”) and AI agents, a distinct class of identity that requires authenticated, secure access to sensitive resources at a scale and speed exceeding traditional security models designed for human users.

Quoted from its 10-K, filed 5 Mar 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Information Technology
Industry
IT Services
Listed since
7 Apr 2017
Employees
6,366
Website
okta.com ↗
Head office
100 FIRST STREET, SAN FRANCISCO, CA, 94105
Incorporated in
DE
Classification
Services-Prepackaged Software
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Mr. Todd McKinnonChairperson of the Board, Chief Executive Officer, Co-Founder, since 2017$23.3m
  • Mr. Eric KelleherPresident, Chief Operating Officer, Principal Operating Officer
  • Mr. J. Frederic KerrestExecutive Vice Chairman of the Board, since 2023$266,520
  • Mr. Brett TigheChief Financial Officer$14.1m
  • Mr. Shibu NinanChief Accounting Officer$2.2m
  • Mr. Jon AddisonChief Revenue Officer$5.9m
  • Ms. Larissa SchwartzChief Legal Officer and Corporate Secretary$7.3m
  • Ms. Mary WilderotterNon-independent Director
  • Ms. Shellye ArchambeauIndependent Director$295,465
  • Mr. Anthony BatesIndependent Director$552,558
  • Ms. Emilie ChoiIndependent Director$294,370
  • Mr. Robert DixonIndependent Director$298,185

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
48
Environment
45
Social
78
Governance
22
Direct emissions (scope 1)
0 t
Energy emissions (scope 2)
1,909 t
Value chain emissions (scope 3)
94,718 t
Women in the workforce
33.9%
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Okta Inc, a leading identity management company, holds several strengths that contribute to its success in the market. Firstly, Okta's cloud-based platform offers efficient and scalable solutions, allowing organizations to securely manage access to their applications and data. This capability enhances productivity and reduces administrative overhead for businesses, positioning Okta as a reliable partner.
  • Secondly, Okta's wide range of integration options enables seamless integration with existing IT infrastructure, ensuring compatibility with various systems and applications. This flexibility enhances the value proposition for customers and facilitates a smooth transition to a centralized identity solution.
  • Furthermore, Okta's strong reputation in the industry and proven track record provide a competitive advantage. The company's commitment to continuous innovation and focus on customer satisfaction further reinforce its position as a trusted leader in the identity management space.

Weaknesses

  • Despite its strengths, Okta Inc also faces certain weaknesses that demand attention. One key weakness is the potential dependency on third-party cloud service providers for infrastructure and storage. Any issues faced by these providers may impact Okta's service delivery and reliability, potentially leading to customer dissatisfaction.
  • Additionally, Okta's heavy reliance on internet connectivity presents a vulnerability. Downtime or disruption of internet services could hinder the accessibility and functionality of Okta's platform, affecting its ability to deliver services to customers.

Opportunities

  • Amidst a rapidly evolving digital landscape, Okta Inc can leverage several opportunities for growth. The increasing demand for secure access management solutions provides a vast market to tap into. Okta can strengthen its market position by expanding its product portfolio to cater to emerging needs and industry-specific requirements.
  • Moreover, the rising adoption of cloud technologies and digital transformation initiatives opens doors for Okta to expand its customer base. Collaborations and partnerships with other technology providers further enhance Okta's reach and market relevance, enabling it to capture new business opportunities.

Threats

  • In the face of opportunities, Okta Inc must also proactively address potential threats in the market. Intense competition from other identity management solution providers poses a threat to Okta's market share. To mitigate this, Okta needs to continue investing in research and development, innovation, and customer satisfaction to differentiate itself from competitors.
  • Furthermore, an ever-evolving threat landscape related to cybersecurity can potentially compromise Okta's platform and the sensitive information it manages. Therefore, the company must remain vigilant in continuously enhancing security measures and staying up to date with emerging threats.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
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