Okta, Inc. (OKTA)
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.
- Ticker
- OKTA
- Exchange
- Nasdaq
- Sector
- Technology
- Industry
- Software - Infrastructure
- Market cap
- $29.49B
- 52-week range
- $62.66 - $235.00
Valuation
- Share price
- $168.69 (close of Nov 6, 2026)
- P/E (TTM)
- 100.41x
- Price to book
- 4.23x
- Price to free cash flow
- 30.12x
- Enterprise value
- $27.24B
- Book value per share
- $39.89
Price performance
| Period | Change |
|---|---|
| 1 day | -1.44% |
| 5 days | -18.99% |
| 1 month | -22.86% |
| 3 months | +17.55% |
| 6 months | +117.83% |
| Year to date | +95.09% |
| 1 year | +96.45% |
| 3 years | +148.95% |
| 5 years | -33.82% |
| All time | +617.52% |
Short interest
- As of
- Oct 15, 2026
- Short % of float
- 4.66%
- Shares short
- 6.96M
- Days to cover
- 2.42
- Change since prior report
- -12.20%
- Source
- FINRA consolidated short interest
Members of Congress who disclosed OKTA trades
Robert Bresnahan · Maria Elvira Salazar · Gilbert Ray Cisneros · Lisa McClain · Ashley Moody
Super investors holding OKTA
Ken Griffin (Citadel) · Dennis Hong (ShawSpring Partners LLC)
Profitability and growth
- Return on equity
- 3.36%
- Return on invested capital
- 1.74%
- Return on assets
- 2.42%
- Return on capital employed
- 2.08%
- Gross margin
- 77.36%
- Net margin
- 8.05%
- EBITDA margin
- 8.39%
- Revenue growth
- 11.84%
- Free cash flow growth
- 17.92%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 3.32%
- Current ratio
- 1.53x
- Net debt to EBITDA
- -5.45x
Latest reported year
- Period end
- Jan 31, 2026
- Fiscal year
- 2026
- Revenue
- $2.92B
- Cost of revenue
- $661.00M
- Gross profit
- $2.26B
- EBITDA
- $245.00M
- Net income
- $235.00M
- Earnings per share
- $1.33
- Research and development
- $639.00M
- Interest expense
- $4.00M
- Shares outstanding
- 175.88M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|---|---|---|---|
| 2026-01-31 | $2.92B | $2.26B | $235.00M | $1.33 |
| 2025-01-31 | $2.61B | $1.99B | $28.00M | $0.16 |
| 2024-01-31 | $2.26B | $1.68B | -$355.00M | -$2.17 |
| 2023-01-31 | $1.86B | $1.31B | -$815.00M | -$5.16 |
| 2022-01-31 | $1.30B | $904.00M | -$848.00M | -$5.73 |
| 2021-01-31 | $835.00M | $617.00M | -$266.00M | -$2.09 |
| 2020-01-31 | $586.07M | $426.69M | -$208.91M | -$1.78 |
| 2019-01-31 | $399.25M | $285.83M | -$125.50M | -$1.17 |
| 2018-01-31 | $256.55M | $175.79M | -$109.85M | -$1.32 |
| 2017-01-31 | $160.81M | $104.86M | -$75.06M | -$3.94 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|---|---|---|---|
| 2026-01-31 | 77.36% | 8.05% | 3.36% | 1.74% |
| 2025-01-31 | 76.32% | 1.07% | 0.44% | -1.01% |
| 2024-01-31 | 74.33% | -15.69% | -6.03% | -7.21% |
| 2023-01-31 | 70.61% | -43.86% | -14.91% | -10.37% |
| 2022-01-31 | 69.54% | -65.23% | -14.32% | -9.63% |
| 2021-01-31 | 73.89% | -31.86% | -38.38% | -7.66% |
| 2020-01-31 | 72.80% | -35.65% | -51.58% | -12.22% |
| 2019-01-31 | 71.59% | -31.43% | -49.73% | -17.54% |
| 2018-01-31 | 68.52% | -42.82% | -55.11% | -55.95% |
| 2017-01-31 | 65.21% | -46.67% | - | - |
Cash and debt by year
| Period end | Cash | Debt |
|---|---|---|
| 2026-01-31 | $858.00M | - |
| 2025-01-31 | $2.52B | $349.00M |
| 2024-01-31 | $2.20B | $1.15B |
| 2023-01-31 | $2.58B | $2.19B |
| 2022-01-31 | $2.50B | $1.82B |
| 2021-01-31 | $2.56B | $857.39M |
| 2020-01-31 | $1.40B | $837.00M |
| 2019-01-31 | $563.77M | - |
| 2018-01-31 | $229.71M | - |
| 2017-01-31 | $37.67M | - |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|---|---|
| 2026-01-31 | $875.00M | $544.00M |
| 2025-01-31 | $742.00M | $565.00M |
| 2024-01-31 | $504.00M | $684.00M |
| 2023-01-31 | $74.00M | $677.00M |
| 2022-01-31 | $91.00M | $566.00M |
| 2021-01-31 | $115.00M | $195.00M |
| 2020-01-31 | $40.16M | $126.62M |
| 2019-01-31 | -$4.64M | $76.32M |
| 2018-01-31 | -$31.79M | $49.86M |
| 2017-01-31 | -$48.35M | $17.13M |
Investor relations
Next earnings report
- Next confirmed report
- Dec 1, 2026
- Consensus EPS estimate
- $0.43
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|---|---|
| 2026-08-26 | Jul 2026 | $0.44 |
| 2026-05-28 | Apr 2026 | $0.31 |
| 2026-03-04 | Jan 2026 | $0.30 |
| 2025-12-02 | Oct 2025 | $0.20 |
| 2025-08-26 | Jul 2025 | $0.33 |
| 2025-05-27 | Apr 2025 | $0.24 |
| 2025-03-03 | Jan 2025 | $0.16 |
| 2024-12-03 | Oct 2024 | -$0.03 |
Filings and sources
- Company website
- okta.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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Understanding these figures
Price-to-earnings ratio · Short interest · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart
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