Okta, Inc. OKTA

Technology SIC 7372 - Services-Prepackaged Software NAICS Information › Publishing Industries › Software Publishers derived Nasdaq

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.

Last close 213.05 2026-10-23
Market cap $37.13B estimated share count
52-week range 62.66 - 235.00

Valuation FY2025 figures against the last close

P/S12.7x
P/E162.6x
P/FCF42.4x
EV/EBITDA229.2x
Dividend yield—
Diluted EPS1.31

Where the revenue comes from as reported in the latest 10-K

Revenue by geography

  • United States
  • International
Revenue by geography, 2 categories over 3 years. The same figures are in the table below. FY2025 United States, FY2025: 2.3B (79.5%) 80% United States International, FY2025: 598M (20.5%) 20% International FY2024 United States, FY2024: 2.1B (79.0%) 79% International, FY2024: 548M (21.0%) 21% FY2023 United States, FY2023: 1.8B (78.8%) 79% International, FY2023: 480M (21.2%) 21%
Region FY2025FY2024FY2023
United States $2.32B $2.06B $1.78B
International $598.0M $548.0M $480.0M

As the company reported it, from the “Geographical Information - Schedule of Revenue by Geographic Area (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $2.92B$2.61B$2.26B$1.86B$1.30B$835.0M$586.1M$399.3M$256.5M$160.8M
Cost of revenue $661.0M$618.0M$581.0M$546.0M$396.0M$218.0M$159.4M$113.4M$80.8M$55.9M
Gross profit $2.26B$1.99B$1.68B$1.31B$904.0M$617.0M$426.7M$285.8M$175.8M$104.9M
R&D $639.0M$642.0M$656.0M$620.0M$469.0M$223.0M$159.3M$102.4M$70.8M$38.7M
SG&A $448.0M$448.0M$450.0M$409.0M$432.0M$171.0M$112.9M$75.1M$51.8M$30.1M
Total operating expenses $2.11B$2.07B$2.20B$2.12B$1.67B$821.0M$612.5M$405.5M$287.6M$179.5M
Operating income $149.0M-$74.0M-$516.0M-$812.0M-$768.0M-$204.0M-$185.8M-$119.6M-$111.9M-$74.7M
Interest expense $4.0M$5.0M$8.0M$11.0M$91.0M$73.0M$27.0M$15.1M$0$0
Pre-tax income $255.0M$46.0M-$337.0M-$801.0M-$850.0M-$266.0M-$210.3M-$125.5M-$110.2M-$74.6M
Income tax $20.0M$18.0M$18.0M$14.0M$2.0M$0$1.4M$17.0K$321.0K$425.0K
Net income $235.0M$28.0M-$355.0M-$815.0M-$848.0M-$266.0M-$208.9M-$125.5M-$109.8M-$75.1M
EPS, basic 1.330.16-2.17-5.16-5.73-2.09-1.78———
EPS, diluted 1.310.06-2.17-5.16-5.73-2.09-1.78-1.17-1.32-3.94
Shares, diluted (wtd. avg.) 179.3M175.1M163.6M158.0M148.0M127.2M117.2M———

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $858.0M$409.0M$334.0M$271.0M$273.0M$449.0M$532.0M$311.2M$136.2M$23.3M
Short-term investments —$2.11B$1.87B$2.32B$2.24B$2.12B$883.0M$265.4M$101.8M$14.4M
Receivables $687.0M$621.0M$559.0M$481.0M$398.0M$194.8M$130.1M$91.9M$52.2M$34.5M
Total current assets $3.64B$3.42B$2.98B$3.23B$3.04B$2.88B$1.60B$708.1M$317.5M$92.8M
Property, plant and equipment $38.0M$43.0M$48.0M$59.0M$65.0M$62.8M$53.5M$52.9M$12.5M$11.0M
Goodwill $5.49B$5.45B$5.41B$5.40B$5.40B$48.0M$48.0M$18.1M$6.3M$2.6M
Other intangibles $91.0M$138.0M$182.0M$241.0M$317.0M$27.0M$32.5M$13.9M$11.8M$9.2M
Total assets $9.71B$9.44B$8.99B$9.31B$9.21B$3.30B$1.96B$984.3M$399.3M$130.6M
Accounts payable $12.0M$13.0M$12.0M$12.0M$20.0M$8.6M$3.8M$2.4M$9.6M$9.4M
Total current liabilities $2.55B$2.52B$1.78B$1.47B$1.24B$1.55B$547.0M$573.1M$187.9M$134.5M
Total liabilities $2.71B$3.03B$3.10B$3.84B$3.28B$2.60B$1.55B$731.9M$199.9M$146.3M
Retained earnings -$2.57B-$2.80B-$2.83B-$2.48B-$1.82B-$967.5M-$701.1M-$492.2M-$366.7M-$287.9M
Total equity $7.00B$6.41B$5.89B$5.47B$5.92B$693.0M$405.0M$252.4M$199.3M-$212.4M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $884.0M$750.0M$512.0M$86.0M$104.0M$128.0M$55.6M$15.2M-$25.2M-$42.1M
Depreciation and amortisation $13.0M$13.0M$12.0M$12.0M$12.0M$9.0M$8.8M$5.7M$4.0M$2.4M
Stock-based compensation $544.0M$565.0M$684.0M$677.0M$566.0M$195.0M$126.6M$76.3M$49.9M$17.1M
Capital expenditure $9.0M$8.0M$8.0M$12.0M$13.0M$13.0M$15.4M$19.8M$6.5M$6.3M
Investing cash flow $271.0M-$314.0M$441.0M-$130.0M-$367.0M-$1.30B-$688.0M-$197.3M-$99.7M$7.0M
Financing cash flow -$720.0M-$359.0M-$883.0M$48.0M$89.0M$1.09B$853.4M$357.8M$237.4M$457.0K
Buybacks $73.0M$0$0———————

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001660134-26-000036.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -1B 0 1B 2B 3B Revenue, FY2016: 160.8M Gross profit, FY2016: 104.9M Net income, FY2016: -75.1M Revenue, FY2017: 256.5M Gross profit, FY2017: 175.8M Net income, FY2017: -109.8M Revenue, FY2018: 399.3M Gross profit, FY2018: 285.8M Net income, FY2018: -125.5M Revenue, FY2019: 586.1M Gross profit, FY2019: 426.7M Net income, FY2019: -208.9M Revenue, FY2020: 835M Gross profit, FY2020: 617M Net income, FY2020: -266M Revenue, FY2021: 1.3B Gross profit, FY2021: 904M Net income, FY2021: -848M Revenue, FY2022: 1.9B Gross profit, FY2022: 1.3B Net income, FY2022: -815M Revenue, FY2023: 2.3B Gross profit, FY2023: 1.7B Net income, FY2023: -355M Revenue, FY2024: 2.6B Gross profit, FY2024: 2B Net income, FY2024: 28M Revenue, FY2025: 2.9B Gross profit, FY2025: 2.3B Net income, FY2025: 235M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $160.8M $256.5M $399.3M $586.1M $835.0M $1.30B $1.86B $2.26B $2.61B $2.92B
Gross profit $104.9M $175.8M $285.8M $426.7M $617.0M $904.0M $1.31B $1.68B $1.99B $2.26B
Net income -$75.1M -$109.8M -$125.5M -$208.9M -$266.0M -$848.0M -$815.0M -$355.0M $28.0M $235.0M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Officer or director change Item 5.02
  • Officer or director change Item 5.02
  • Officer or director change Item 5.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 7372

TickerCompanyMarket capP/ERevenue growth
MSFT MICROSOFT CORP $3.89T 29.2x 17.8%
PLTR Palantir Technologies Inc. $472.16B 312.3x 56.2%
ORCL ORACLE CORP $363.40B 21.6x 17.3%
CRWD CrowdStrike Holdings, Inc. $263.73B — 21.7%
SHOP SHOPIFY INC. $218.48B 179.4x 30.1%
CRM Salesforce, Inc. $204.57B 31.9x 9.6%
NOW ServiceNow, Inc. $164.36B 95.2x 20.9%
NET Cloudflare, Inc. $115.42B — 29.8%