Revenue segments as reported by the company.

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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Restructuring and other charges

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Year over year growth in Revenue and Operating Expenses.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Okta

Okta, Inc. engages in the provision of an identity management platform for enterprises. It operates through the United States and International geographical segments. The firm's products include single sign-on, multi-factor authentication, API access management, authentication, user management, and lifecycle management. The company was founded by Todd McKinnon and J. Frederic Kerrest in 2009 and is headquartered in San Francisco, CA.

Earnings data Q4 2021

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Okta reports strong Q1 performance amidst macro challenges and AI focus

Okta's Q1 performance demonstrated resilience amid macro challenges, driven by customer additions and product innovations. However, the company faces headwinds from macroeconomic impacts, leading to cautious outlook and strategic focus on AI integration and cross-selling opportunities.

Okta reports strong Q2 performance, eyes growth in Access Management

Okta's Q2 performance reflects strong customer growth and financial outlook, supported by successful product offerings. While facing challenges related to the macro environment and leadership roles, the company is well-positioned to capitalize on opportunities in Access Management and federal markets.

OKTA reports robust Q3 results, addresses security incident impact

OKTA's Q3 performance showcased strong financial metrics and raised outlooks for future revenue. The company faces challenges related to the recent security incident and macro headwinds but remains optimistic about long-term opportunities, particularly in international markets and product development.

Okta reports robust Q4 earnings, eyes growth in identity solutions

Okta's strong Q4 performance and strategic priorities for FY24 position the company for continued growth. While challenges like conservative growth guidance and new customer acquisition exist, opportunities in expanding product offerings and upselling present avenues for revenue growth. Okta's focus on simplicity, customer-centricity, and strategic alignment bode well for future success.

Okta reports robust Q1 earnings, eyes AI and cross-selling

Okta's Q1 2024 earnings call highlighted strong financial performance, product advancements, and strategic partnerships amidst macroeconomic challenges.
The company faces headwinds in net retention rates but sees potential in AI, legacy IAM replacement, and cross-selling opportunities for future growth.
Analysts raised questions on pricing strategy and management changes, indicating areas for Okta to address in navigating market uncertainties.
Overall, Okta's focus on innovation, customer expansion, and strategic positioning in the identity solutions space bodes well for its future growth trajectory.

Okta reports robust Q2 results amidst macro challenges and growth opportunities

Okta's Q2 performance reflects strong revenue growth, operational efficiency, and strategic product innovations.
While facing challenges in a volatile macro environment, the company is well-positioned to capitalize on opportunities in identity solutions.
With raised outlooks for the future, Okta's focus on customer wins, product expansions, and market positioning bodes well for sustained growth.
The ongoing search for a go-to-market President and the need to navigate macroeconomic uncertainties are key areas for Okta's continued success.

Okta reports robust Q3 results amidst security focus challenges

Okta reports strong financial performance in Q3 with positive revenue growth and improved free cash flow margin outlook for FY '24 and '25.
Despite challenges from delayed product launches and security incident impact, the company remains committed to enhancing security and customer trust.
Opportunities lie in new product introductions, international market expansion, and positive customer response to security measures and integrated workflows.

Okta reports record profitability in Q4, bullish on growth

Okta's Q4 performance showcased record profitability and strong financial metrics, with a positive outlook for Q1 and FY '25.
The company's strategic strengths lie in security focus, customer expansion, and successful product initiatives like Privileged Access Management.
Challenges include macroeconomic impacts and operational hurdles, while opportunities exist in specialized customer approaches and market expansion.

Okta reports robust Q1 performance amidst challenges and growth opportunities

Okta's Q1 2025 performance reflects strong financials, stable retention rates, and a focus on growth acceleration through new customer acquisition.
The company faces challenges from macro uncertainties, seat count fluctuations, and growth bottlenecks but is well-positioned for long-term success.
Opportunities in product innovation, strategic partnerships, and cross-selling initiatives position Okta for continued growth and market leadership in identity security solutions.

Okta reports robust Q2 earnings, eyes growth amid macro challenges

Okta's Q2 earnings call showcases strong financial performance, strategic focus on security, and growth initiatives. Despite macro challenges, the company remains profitable and expects revenue growth and margin improvement for the future.

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Zacks.com users have recently been watching Okta (OKTA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Okta, Inc. (OKTA) is Attracting Investor Attention: Here is What You Should Know

Gaining adoption of OKTA's Identity Threat Protection solution boosts prospects amid a challenging macroeconomic environment and stretched valuation.

Is Okta Stock's 4.55X P/S Still Worth it? Buy, Sell or Hold?

2025 needs to be the year identity providers go all in on improving every aspect of software quality and security, including red teaming.

What Okta's failures say about the future of identity security in 2025

Okta Inc (NASDAQ:OKTA) stock is 1.9% lower ahead of the opening bell, looking to start today's session around the $77 mark on the heels of a sour analyst note.

Analyst Downgrades Okta Stock on Slow Growth, Mixed Feedback

Okta's new products focus on high-margin customers, creating upsell opportunities for existing ones, and distinguishing its technology from its peers. Partnerships with GSIs, ISVs, and MSPs are driving bigger, more profitable deals. The company posted its first-ever positive GAAP net income last quarter, with double-digit revenue and free cash flow growth, and strong liquidity ratios.

Okta's Path To Recovery: New Launches, Partnerships Could Improve Investor Confidence

Okta's stock is approximately 31% undervalued, with strong revenue growth, positive cash flows, and a consistent share count. Okta excels in secure user authentication and identity management, competing effectively against Microsoft with superior reliability, ease of use, and integration capabilities. Despite negative EBITDA, Okta's aggressive R&D investment and declining SG&A ratio indicate the potential for improved profitability and sustained revenue growth.

Okta: The Underdog's Advantage

The mean of analysts' price targets for Okta (OKTA) points to a 29.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts See a 29.76% Upside in Okta (OKTA): Can the Stock Really Move This High?

Okta (OKTA) concluded the recent trading session at $74.07, signifying a +1.13% move from its prior day's close.

Okta (OKTA) Rises Yet Lags Behind Market: Some Facts Worth Knowing

You may have missed it, but Okta achieved GAAP profitability for the first time in the latest quarter. Wall Street appears spooked about the potential financial impact from the cybersecurity breaches. Okta has a net cash balance sheet and its debt carries low interest rates.

Okta: Market Ignores Inflection On GAAP Profitability (Ratings Upgrade)

SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (NASDAQ: OKTA), the leading independent Identity partner, today announced that it will release its financial results for its third quarter fiscal year 2025 ended October 31, 2024 after the U.S. market close on Tuesday, December 3, 2024. Okta will host a live video webcast that day at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) to discuss the results. Event: Okta's Third Quarter Fiscal Year 2025 Financial Results Date: Tuesday, December 3, 2024 Time.

Okta to Announce Third Quarter Fiscal Year 2025 Financial Results on December 3, 2024

OKTA is riding on an expanding clientele, driven by the strong adoption of its Identity Threat Protection solution within a challenging macroeconomic environment.

OKTA Stock Plunges 20% Year to Date: Should You Buy the Dip?

Progressive

BRFS, PGR and ZIM made it to the Zacks Rank #1 (Strong Buy) growth stocks list on October 28, 2024.

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Okta (OKTA) reachead $72.15 at the closing of the latest trading day, reflecting a -0.01% change compared to its last close.

Okta (OKTA) Stock Falls Amid Market Uptick: What Investors Need to Know

Chewy

Gap Inc

OKTA, GAP, and CHWY made it to the Zacks Rank #1 (Strong Buy) growth stocks list on October 24, 2024.

Best Growth Stocks to Buy for October 24th

WASHINGTON--(BUSINESS WIRE)--NetHope, a catalyst for collective impact that advances humanitarian, conservation, and international development efforts worldwide, has partnered with Okta, in a groundbreaking initiative aimed at enhancing cybersecurity resilience across the nonprofit sector. This strategic partnership, underpinned by a $2.5 million commitment from Okta for Good, Okta's philanthropic arm, over five years will unlock more resources to strengthen the security posture of nonprofits.

NetHope and Okta: Securing Digital Protection and Cybersecurity for Nonprofits Worldwide

Okta, Inc. (OKTA) Is a Trending Stock: Facts to Know Before Betting on It

JD.com

ZIM Integrated Shipping Services

JD, OKTA and ZIM made it to the Zacks Rank #1 (Strong Buy) growth stocks list on October 22, 2024.

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Strayer Education

Pick five stocks with increasing P/E ratios to try out an out-of-the-box approach. These stocks include Strategic Education (STRA), KBR (KBR), Super Micro Computer (SMCI), Okta (OKTA) and APi Group (APG).

Bet on These 5 Top-Ranked Stocks With Rising P/E

OKTA, JD and ZIM made it to the Zacks Rank #1 (Strong Buy) growth stocks list on October 18, 2024.

Best Growth Stocks to Buy for October 18th

The latest trading day saw Okta (OKTA) settling at $74.45, representing a -1.68% change from its previous close.

Here's Why Okta (OKTA) Fell More Than Broader Market

LAS VEGAS--(BUSINESS WIRE)--Okta today announced a new Customer Identity Cloud product to help developers and organizations secure identity in GenAI applications, through secure identity standards and a seamless developer experience. With these new features, Okta customers will be able to easily implement support for typical patterns in GenAI applications. Why It Matters: Generative AI is being rapidly incorporated into applications and products with AI spending expected to increase from $20 bi.

Okta Helps Builders Easily Implement Auth For GenAI Apps & Secure How Consumers Interact with GenAI Agents

LAS VEGAS--(BUSINESS WIRE)--Okta and the OpenID Foundation today announced the formation of an OpenID Foundation working group with Ping Identity, Microsoft, SGNL, and Beyond Identity as the first step towards establishing a new identity security standard, the Interoperability Profile for Secure Identity in the Enterprise [IPSIE]. The vision of this new, open standard is to provide a framework for SaaS companies to enhance the end-to-end security of their products across every touchpoint of the.

Okta, OpenID Foundation & Tech Firms Tackle Today's Biggest Cybersecurity Challenge: Identity Security in SaaS Apps

LAS VEGAS--(BUSINESS WIRE)--Okta today announced new Workforce Identity Cloud capabilities to address top security challenges such as unmanaged SaaS service accounts, governance risks, and identity verification. As part of a unified approach, these innovations help protect business before, during and after authentication, providing greater control, visibility, and streamlined user experience. Why it Matters: Identity in the enterprise is under attack, with 80% of breaches involving some kind of.

Okta is Reducing the Risk of Unmanaged Identities, Social Engineering, and MFA Overload for Enterprise Employees

OKTA, JD and ZIM made it to the Zacks Rank #1 (Strong Buy) growth stocks list on October 16, 2024.

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Globant

The Internet-Software & Services industry is struggling because of persistent economic weakness. Stocks like OKTA and GLOB are a step ahead.

News for Okta Stock (OKTA)