Snapshot
Okta, Inc. reported $728M of revenue in Q2 2026, up 12.7% year over year, with diluted EPS of $0.37 and an operating margin of 5.6%.
- Revenue
- $728M
- YoY growth
- +12.7%
- Diluted EPS
- $0.37
- Operating margin
- 5.6%
$728M
Revenue
+12.7%
YoY growth
$0.37
Diluted EPS
5.6%
Operating margin
01 Key takeaways
What management said
- •Hi everyone, welcome to Okta's Second Quarter of Fiscal 2026 Earnings Webcast.
- •At around the same time that the earnings press release hit the wire, we posted supplemental commentary to the IR website.
- •Today's meeting will include forward-looking statements pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding our financial outlook and market positioning.
- •A reconciliation between GAAP and non-GAAP financial measures, and a discussion of the limitations of using non-GAAP measures versus their closest GAAP equivalents, are available in our earnings release.
- •In today's meeting, we will quote a number of numeric or growth changes as we discuss our financial performance, and unless otherwise noted, each such reference represents year-over-year comparison.
- •We are pleased to report solid Q2 results with continued strength with large customers, Auth0, new products, the public sector, and cash flow.
- •They needed a single identity platform to unify workforce identity and scale with growth.
- •In a move that we believe will further accelerate Okta Privilege Access growth, I'm delighted to announce that we've signed a definitive agreement to acquire Axiom Security, a modern PAM vendor.
- •Once we close the acquisition, which we anticipate will be later this quarter, we will support Axiom's customer base while we work to integrate their technology into Okta Privilege Access.
- •At our Octane Conference next month, we will share how we are enabling every organization to build, deploy, and manage AI agents safely, securely, and at scale.
- •I look forward to seeing all of you at Octane, and now here's Brett to cover the financial commentary and talk about how we're positioned for long-term profitable growth.
- •My commentary will provide insights into our Q2 performance and then move into our outlook for Q3 and FY2026.
SourcesCompany financials · earnings call
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