Okta has executed a successful pivot to profitability, with operating margins swinging from -7.6% in 2025Q1 to 13.3% in 2027Q2, driven by disciplined SG&A control and gross margin expansion.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth has decelerated to 10.6% in 2027Q2, but operating margins have expanded significantly to 13.3%, demonstrating the emergence of operating leverage.
Okta is recognized as a leader in cloud identity management, providing secure and flexible access solutions for companies.
The company is leveraging early adoption of AI agents, positioning itself for future growth and innovation in identity management.
Okta has shown signs of improving profitability, which is a positive signal for long-term financial health and investor confidence.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Aug 26, 2026 | $1.05+8.8% vs $0.96 | $805M+1.5% vs $793M |
Q2 2026 May 28, 2026 | $0.91+6.7% vs $0.85 | $765M+1.7% vs $752M |
Q2 2026 Mar 4, 2026 | $0.90+6.4% vs $0.85 | $761M+1.5% vs $750M |
Q4 2025 Dec 2, 2025 | $0.82+8.2% vs $0.76 | $742M+1.5% vs $731M |
Adobe maintains a dominant position in the creative and digital document software markets through its widely used subscription platforms. Okta is a leader in identity and access management, serving over 20,000 customers across both the public and private sectors.
Wall Street's post-election retreat from AI trades has spread to software, and Palantir Technologies (NASDAQ:PLTR | PLTR Price Prediction) is taking one of the hardest blows. Palantir stock is at $155.28 in afternoon trading, down 10%.
SAN FRANCISCO--(BUSINESS WIRE)--TrueFoundry, the enterprise AI control plane, has announced support for the Cross App Access (XAA) protocol. AI agents connecting through the TrueFoundry AI Gateway can now operate under the same Okta policies organizations already apply to employees, reducing the custom security review that has slowed production deployments. Most AI agents running in production still authenticate with static API keys. These keys rarely expire, are seldom limited to a single task.
Docusign maintains a dominant position in the electronic signature market, with a massive customer base exceeding 1.8 million users. Okta is a leader in identity and access management, benefiting from a robust integration network and double-digit revenue growth.
Benchmark OKTA against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Okta, Inc. (OKTA)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $168.69 | $28.02B | 128.77 | 11.84% | 8.05% | 3.51% | — | |
| $19.21 | $10.9B | -36.94 | 24.35% | -16.92% | -2.88% | — | |
| $408.85 | $20.64B | -139.54 | 36.01% | -10.79% | -6.11% | — | |
| $20.51 | $1.24B | 19.72 | -0.13% | 6.87% | 4.6% | 1.56% | |
| $197.66 | $31.96B | -732.07 | 23.31% | -1.88% | -2.76% | — | |
| $216.90 | $220.86B | -1355.63 | 21.71% | 1.08% | 1.27% | — |
Okta, Inc. (OKTA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Okta, Inc. (OKTA) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 26, 2026·SEC
May 28, 2026·SEC
Apr 22, 2026·SEC
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Okta, Inc. (OKTA) stock FAQ — growth, dividends, profitability & financials explained
Okta, Inc. (OKTA) reported $3.07B in revenue over the trailing twelve months. Revenue was $2.92B in fiscal year 2026. That is 7018% more than the $41.0M of fiscal year 2015.
Okta, Inc. (OKTA) grew revenue by 11.8% in fiscal year 2026, compared with the prior fiscal year.
Yes. Okta, Inc. (OKTA) earned $296.0M in net income over the trailing twelve months (a 9.6% net margin).
Okta, Inc. (OKTA) had a return on equity (ROE) of 3.5% in fiscal year 2026. That is below the market's typical 10-15%.
Okta, Inc. (OKTA) generated $1.01B in free cash flow over the trailing twelve months.
