Okta, Inc.
OKTANASDAQ
$200.55
Last price · USD
- Market cap
- $35.96B
- P/E
- 153.1x
- EV / EBITDA
- 100.1x
- P/S
- 12.3x
- FCF yield
- 2.4%
- Div. yield
- 0.00%
Multiples use last price and FY2026 annual figures. Market cap estimated from diluted shares.
Revenue
$2.92B
+11.8%
4Y CAGR +22.4%
Gross profit
$2.26B
+13.4%
4Y CAGR +25.7%
Operating income
$153M
+342.9%
4Y CAGR —
Net income
$235M
+739.3%
4Y CAGR —
EPS (diluted)
$1.31
+2083.3%
4Y CAGR —
Free cash flow
$863M
+18.2%
4Y CAGR +77.5%
Revenue & net income
Fiscal 2022–2026 · USD
RevenueNet income
Valuation
At $200.55 · FY2026 fundamentals
- Market cap
- $35.96B
- Enterprise value
- $35.52B
- P/E
- 153.1x
- P/S
- 12.3x
- P/B
- 5.1x
- EV / EBITDA
- 100.1x
- EV / Sales
- 12.2x
- Earnings yield
- 0.7%
- FCF yield
- 2.4%
- Shareholder yield
- 0.2%
Profitability
Margins as a share of revenue
| Metric | Latest | 4Y ago | Trend |
|---|---|---|---|
| Gross margin | 77.4%+7.8pp | 69.5% | |
| Operating margin | 5.2%+64.3pp | -59.1% | |
| EBITDA margin | 12.2%+62.2pp | -50.1% | |
| Net margin | 8.1%+73.3pp | -65.2% | |
| FCF margin | 29.6%+22.9pp | 6.7% |
Returns & financial health
FY2026 with 4-year trend
| Metric | Latest | 4Y ago | Trend |
|---|---|---|---|
| Return on equity | 3.4% | -14.3% | |
| Return on invested capital | 2.1% | -10.0% | |
| Return on assets | 2.4% | -9.2% | |
| Debt / equity | 0.06x | 0.34x | |
| Net debt / EBITDA | -1.23x | -2.72x | |
| Current ratio | 1.36x | 2.45x |
Cash & equivalents
$858M
Total debt
$422M
Capital allocation
How OKTA used its cash in FY2026
- Operating cash flow
- $884M
- Capital expenditure
- $21.0M
- Dividends paid
- $0.00
- Share repurchases
- $73.0M
- Stock-based compensation
- $544M
- Diluted shares
- 179.3M
- Share count change (4Y)
- +21.1%
Analyst estimates
Consensus for upcoming fiscal years
| Fiscal year | Revenue | Growth | EPS | Growth |
|---|---|---|---|---|
| FY2026 actual | $2.92B | $1.31 | ||
| FY2027E25 analysts | $3.22B | +10.4% | $3.93 | +199.9% |
| FY2028E24 analysts | $3.54B | +9.9% | $4.34 | +10.6% |
| FY2029E8 analysts | $3.92B | +10.7% | $4.89 | +12.5% |
About Okta, Inc.
Technology · Software - Infrastructure
Okta, Inc. delivers comprehensive identity management solutions tailored for a diverse clientele, including large corporations, small and medium-sized businesses, educational institutions, charitable organizations, and governmental bodies, operating both within the United States and globally. The company's flagship offering is the Okta Identity Cloud, a robust platform featuring a suite of integrated products and services.
okta.com- Sector
- Technology
- Industry
- Software - Infrastructure
- CEO
- Todd McKinnon
- Employees
- 6,366
- Headquarters
- San Francisco, CA, US
- IPO date
- 2017-04-07
Okta, Inc. (OKTA) — frequently asked questions
Answered from the company's SEC filings
Okta, Inc. delivers comprehensive identity management solutions tailored for a diverse clientele, including large corporations, small and medium-sized businesses, educational institutions, charitable organizations, and governmental bodies, operating both within the United States and globally.
Explore the full income statement, balance sheet and cash flow statement. Not investment advice.