Company

Okta Inc.

OKTASoftware

Business description

Okta Inc. is a leading provider of cloud-based identity and access management solutions founded in 2009 and headquartered in San Francisco, California. Its flagship Okta Identity Cloud, featuring products like Single Sign-On and Adaptive MFA, drives a subscription-based revenue model that serves global enterprises. Under the leadership of CEO Todd McKinnon, the company has established a strong market position with extensive integrations and robust customer retention. Ongoing investments in innovation and strategic expansion aim to fortify its status in the competitive cybersecurity sector.

$2.92B
Revenue (LTM)
6
Acquisitions
5.1%
Operating margin
Q1 2027
Latest call

Financials

View financials
Revenue (FY2026) $2.92B
YoY growth +11.8%
Operating margin 5.1%
Direction Expanding
Gross margin 77.4%
Net margin 8.1%

Leadership & board

View leadership
Todd McKinnonCo-Founder, Chairperson & Chief Executive Officer
J. Frederic KerrestCo-Founder & Vice Chairperson
Anthony BatesIndependent Director
Rob BernshteynIndependent Director; Audit Committee Chair
Emilie ChoiIndependent Director
Paul SaganIndependent Director; Compensation and Governance Committee Chair
David SchellhaseLead Independent Director
Brett TigheChief Financial Officer
Jon AddisonChief Revenue Officer
Eric KelleherPresident & Chief Operating Officer
Shibu NinanChief Accounting Officer
Larissa SchwartzChief Legal Officer & Corporate Secretary

Share repurchases

In January 2026 Okta's board authorized a $1 billion Class A share repurchase program; the Company repurchased 3,026,820 shares for $241 million during the three months ended April 30, 2026, leaving $680 million available.

$1 billion
Authorized
$680 million
Remaining
$73 million
Repurchased (latest FY)

Competitors

Named competitors
Microsoft

Recent SEC filings

View on EDGAR
2026-05-28 Reported quarterly results (+1 more) View filing ↗
2026-04-22 Leadership change (directors/officers) View filing ↗
2026-03-23 Leadership change (directors/officers) View filing ↗
2026-03-11 Leadership change (directors/officers) View filing ↗
2026-03-04 Reported quarterly results (+1 more) View filing ↗
2026-01-05 Other event View filing ↗
2025-12-19 Leadership change (directors/officers) View filing ↗
2025-12-02 Reported quarterly results (+1 more) View filing ↗
2025-08-26 Reported quarterly results (+2 more) View filing ↗
2025-08-14 Leadership change (directors/officers) View filing ↗
2025-06-25 Leadership change (directors/officers) (+1 more) View filing ↗
2025-05-27 Reported quarterly results (+1 more) View filing ↗

See how VectorShift works for your firm

Request Demo