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Nasdaq · Technology

Okta, Inc. (OKTA)

As-reported financials and SEC filings for Okta, Inc. The latest annual period is FY2026. The latest reported quarter is Q2 FY2027. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Okta, Inc.

Okta, Inc. provides cloud-based identity management solutions that help organizations securely connect employees, contractors, partners, and customers to applications and technology. Its main products include the Okta Platform, which manages workforce identity and access, and the Auth0 Platform, which enables developers to embed secure identity management into customer-facing applications. Okta serves a wide range of customers including enterprises, small and medium businesses, universities, nonprofits, and government agencies across various industries.

Snapshot

Revenue
$2.92B
Revenue growth (YoY)
11.8%
Net income
$235.0M
Diluted EPS
$1.31
Gross margin
77.4%
Operating margin
5.1%
Net margin
8.1%
FCF margin
30.0%
ROE
3.4%
net income / fiscal-year-end equity
P/E
134.5×
trailing when available, otherwise FY EPS
Market cap
$36.45B
Long-term debt / equity
—
non-current term debt only

Fundamentals are from SEC filings for FY2026, the latest annual period (ended January 31, 2026). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Okta

  • Revenue grew 11.8% to $2.9B in FY2026, slower than the 15.3% the year before.
  • Operating margin turned positive at 5.1% in FY2026, from a 59.1% operating loss in FY2022.
  • Most recent quarter Q2 FY2027: revenue $805M, up 10.6% from Q2 FY2026.
  • Free cash flow was $875M in FY2026, 30.0% of revenue.
  • Net income rose 739.3% to $235M in FY2026.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Okta’s fundamentals sit among the 331 software companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin77.4%
75th percentile of 264
Operating margin5.1%
60th percentile of 302
Net margin8.1%
64th percentile of 306
FCF margin30.0%
87th percentile of 284
Revenue growth (YoY)+11.8%
51st percentile of 324
ROE3.4%
51st percentile of 285
P/E134.5×
97th percentile of 162
Short interest1.90d
23rd percentile of 329

Okta’s P/E of 134.5 ranks in the 97th percentile of the 162 peers with a meaningful P/E. Okta’s FCF margin of 30.0% ranks in the 87th percentile of the 284 software companies reporting it.

No reported insider purchases (code P) in the last 90 days; 31 insider sales totaling $27.1M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 of the superinvestors we track (plus 5 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
1
+5 quant / multi-strat
Initiated / added
2
0 new, 2 added
Reduced / exited
5
4 trimmed, 1 exited
Combined position
$689.9M
reported long value
InvestorAs ofPosition valueSharesChange
Citadel AdvisorsquantQ2 2026$287.4M2.1MReduced
Point72 Asset ManagementquantQ2 2026$252.7M1.9MReduced
Millennium ManagementquantQ2 2026$98.2M719.7KReduced
AQR Capital ManagementquantQ2 2026$23.2M174.6KAdded
D. E. ShawquantQ2 2026$18.8M138.1KAdded
Gotham Asset ManagementQ2 2026$9.5M69.8KReduced

No longer held by: Bridgewater Associates (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
—
code P value
Sells (90d)
31
$27.1M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-10-08
filed 2026-10-09
Shibu NinanChief Accounting OfficerSell2.0K$220.00$440K
2026-10-07
filed 2026-10-09
Shibu NinanChief Accounting OfficerSell7.9K$217.62$1.7M
2026-10-07
filed 2026-10-09
Shibu NinanChief Accounting OfficerSell2.7K$216.35$584K
2026-10-07
filed 2026-10-09
Shibu NinanChief Accounting OfficerSell2.1K$218.20$458K
2026-09-22
filed 2026-09-24
Todd McKinnonChief Executive OfficerSell10.0K$196.24$2.0M
2026-09-22
filed 2026-09-24
Todd McKinnonChief Executive OfficerSell7.0K$190.05$1.3M
2026-09-22
filed 2026-09-24
Todd McKinnonChief Executive OfficerSell6.1K$197.20$1.2M
2026-09-22
filed 2026-09-24
Todd McKinnonChief Executive OfficerSell5.3K$192.02$1.0M
2026-09-22
filed 2026-09-24
Todd McKinnonChief Executive OfficerSell4.8K$189.04$906K
2026-09-22
filed 2026-09-24
Todd McKinnonChief Executive OfficerSell4.6K$192.88$879K
2026-09-22
filed 2026-09-24
Todd McKinnonChief Executive OfficerSell4.0K$190.81$758K
2026-09-22
filed 2026-09-24
Todd McKinnonChief Executive OfficerSell3.2K$195.46$624K

Reported non-derivative purchases and sales (codes P/S), which may be open-market or private. Excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
7.9M
settled 2026-09-30
Change vs prior
-3.4%
vs previous settlement
Days to cover
1.90
at avg daily volume
Avg daily volume
4.2M
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-307.9M-3.4%1.90
2026-09-158.2M+6.7%2.22
2026-08-317.7M+19.2%1.66
2026-08-146.4M-3.6%2.70
2026-07-316.7M-11.7%2.53
2026-07-157.6M-12.0%2.40
2026-06-308.6M+9.5%2.29
2026-06-157.9M-2.4%1.76

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2026FY2025FY2024FY2023FY2022
Revenue$2.92B$2.61B$2.26B$1.86B$1.30B
Gross profit
Operating income$149.0M$-74.0M$-516.0M$-812.0M$-768.0M
Net income$235.0M$28.0M$-355.0M$-815.0M$-848.0M
Diluted EPS$1.31$0.06$-2.17$-5.16$-5.73

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2026FY2025FY2024FY2023FY2022
Cash and equivalents$858.0M$409.0M$334.0M$264.0M$260.0M
Current assets$3.64B$3.42B$2.98B$3.23B$3.04B
Total assets$9.71B$9.44B$8.99B$9.31B$9.21B
Current liabilities$2.55B$2.52B$1.78B$1.47B$1.24B
Long-term debt—————
Total liabilities$2.71B$3.03B$3.10B$3.84B$3.28B
Total equity$7.00B$6.41B$5.89B$5.47B$5.92B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2026FY2025FY2024FY2023FY2022
Operating cash flow$884.0M$750.0M$512.0M$86.0M$104.0M
Capital expenditure$9.0M$8.0M$8.0M$12.0M$13.0M
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2027$805.0M10.6%$116.0M$0.65
Q1 FY2027$765.0M11.2%$74.0M$0.42
Q4 FY202611.6%
Q3 FY2026$742.0M11.6%$43.0M$0.24
Q2 FY2026$728.0M12.7%$67.0M$0.37
Q1 FY2026$688.0M11.5%$62.0M$0.35
Q4 FY202512.7%
Q3 FY2025$665.0M13.9%$16.0M$0.00

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNasdaq
SectorTechnology
SIC industryServices-Prepackaged Software
Latest annual periodFY2026 (ended January 31, 2026)
Latest reported quarterQ2 FY2027 (ended July 31, 2026)
Oldest indexed filing2017
SEC CIK1660134

Selected SEC filings

10-K2026-03-05
View on EDGAR →
10-K2025-03-05
View on EDGAR →
10-Q2026-08-27
View on EDGAR →
10-Q2026-05-29
View on EDGAR →
10-Q2025-12-03
View on EDGAR →
10-Q2025-08-27
View on EDGAR →
8-K2026-09-18
View on EDGAR →
8-K2026-08-26
View on EDGAR →

Largest software peers

All software stocks →All Technology companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.