okta inc. - OKTA

OKTA

Close Chg Chg %
107.00 1.78 1.66%

Closed Market

108.78

+1.78 (1.66%)

Volume: 2.40M

Last Updated:

Mar 12, 2025, 4:00 PM EDT

Company Overview: okta inc. - OKTA

OKTA Key Data

Open

$109.23

Day Range

107.04 - 110.82

52 Week Range

70.56 - 116.96

Market Cap

$18.58B

Shares Outstanding

173.60M

Public Float

164.33M

Beta

1.09

Rev. Per Employee

N/A

P/E Ratio

1,842.21

EPS

$0.16

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

4.40M

 

OKTA Performance

1 Week
 
-3.26%
 
1 Month
 
12.97%
 
3 Months
 
32.67%
 
1 Year
 
2.53%
 
5 Years
 
1.39%
 

OKTA Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 43
Full Ratings ➔

About okta inc. - OKTA

Okta, Inc. engages in the provision of an identity management platform for enterprises. It operates through the United States and International geographical segments. The firm's products include single sign-on, multi-factor authentication, access gateway, API access management, authentication, adaptive MFA and lifecycle management. The company was founded by Todd McKinnon and J. Frederic Kerrest in 2009 and is headquartered in San Francisco, CA.

OKTA At a Glance

Okta, Inc.
100 First Street
San Francisco, California 94105
Phone 1-888-722-7871 Revenue 2.61B
Industry Packaged Software Net Income 28.00M
Sector Technology Services 2025 Sales Growth 15.334%
Fiscal Year-end 01 / 2026 Employees 5,914
View SEC Filings

OKTA Valuation

P/E Current 1,842.207
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 1,650.088
Price to Sales Ratio 6.321
Price to Book Ratio 2.552
Price to Cash Flow Ratio 21.996
Enterprise Value to EBITDA 427.189
Enterprise Value to Sales 5.729
Total Debt to Enterprise Value 0.065

OKTA Efficiency

Revenue/Employee 441,325.668
Income Per Employee 4,734.528
Receivables Turnover 4.047
Total Asset Turnover 0.283

OKTA Liquidity

Current Ratio 1.298
Quick Ratio 1.298
Cash Ratio 1.00

OKTA Profitability

Gross Margin 76.322
Operating Margin -2.414
Pretax Margin 1.762
Net Margin 1.073
Return on Assets 0.304
Return on Equity 0.456
Return on Total Capital 0.379
Return on Invested Capital 0.40

OKTA Capital Structure

Total Debt to Total Equity 15.285
Total Debt to Total Capital 13.258
Total Debt to Total Assets 10.374
Long-Term Debt to Equity 6.916
Long-Term Debt to Total Capital 5.999
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Okta Inc. - OKTA

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
1.30B 1.86B 2.26B 2.61B
Sales Growth
+55.63% +42.90% +21.80% +15.33%
Cost of Goods Sold (COGS) incl D&A
396.40M 546.00M 581.00M 618.00M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
107.61M 114.00M 99.00M 98.00M
Depreciation
38.61M 21.00M 12.00M 13.00M
Amortization of Intangibles
69.00M 93.00M 87.00M 85.00M
COGS Growth
+54.04% +37.74% +6.41% +6.37%
Gross Income
903.80M 1.31B 1.68B 1.99B
Gross Income Growth
+56.34% +45.17% +28.20% +18.43%
Gross Profit Margin
+69.51% +70.61% +74.33% +76.32%
2022 2023 2024 2025 5-year trend
SG&A Expense
1.61B 2.09B 2.14B 2.06B
Research & Development
469.26M 620.00M 656.00M 642.00M
Other SG&A
1.14B 1.47B 1.49B 1.41B
SGA Growth
+106.36% +29.35% +2.59% -4.06%
Other Operating Expense
- - - -
-
Unusual Expense
56.85M 36.00M (50.00M) (8.00M)
EBIT after Unusual Expense
(767.28M) (812.00M) (410.00M) (55.00M)
Non Operating Income/Expense
9.77M 22.00M 81.00M 106.00M
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
92.18M 11.00M 8.00M 5.00M
Interest Expense Growth
+26.87% -88.07% -27.27% -37.50%
Gross Interest Expense
92.18M 11.00M 8.00M 5.00M
Interest Capitalized
- - - -
-
Pretax Income
(849.70M) (801.00M) (337.00M) 46.00M
Pretax Income Growth
-219.21% +5.73% +57.93% +113.65%
Pretax Margin
-65.35% -43.11% -14.89% +1.76%
Income Tax
(1.28M) 14.00M 18.00M 18.00M
Income Tax - Current - Domestic
591.00K 2.00M 5.00M 7.00M
Income Tax - Current - Foreign
4.21M 5.00M 6.00M 9.00M
Income Tax - Deferred - Domestic
- - - (8.74M)
-
Income Tax - Deferred - Foreign
2.66M 7.00M 7.00M 2.00M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(848.41M) (815.00M) (355.00M) 28.00M
Minority Interest Expense
- - - -
-
Net Income
(848.41M) (815.00M) (355.00M) 28.00M
Net Income Growth
-218.55% +3.94% +56.44% +107.89%
Net Margin Growth
-65.25% -43.86% -15.69% +1.07%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(848.41M) (815.00M) (355.00M) 28.00M
Preferred Dividends
- - - -
-
Net Income Available to Common
(848.41M) (815.00M) (355.00M) 28.00M
EPS (Basic)
-5.7311 -5.1575 -2.1695 0.1651
EPS (Basic) Growth
-173.74% +10.01% +57.94% +107.61%
Basic Shares Outstanding
148.04M 158.02M 163.63M 169.57M
EPS (Diluted)
-5.7311 -5.1575 -2.1695 0.0571
EPS (Diluted) Growth
-173.74% +10.01% +57.94% +102.63%
Diluted Shares Outstanding
148.04M 158.02M 163.63M 175.09M
EBITDA
(602.82M) (662.00M) (361.00M) 35.00M
EBITDA Growth
-372.31% -9.82% +45.47% +109.70%
EBITDA Margin
-46.36% -35.63% -15.95% +1.34%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 116.324
Number of Ratings 43 Current Quarters Estimate 0.768
FY Report Date 04 / 2025 Current Year's Estimate 3.188
Last Quarter’s Earnings 0.78 Median PE on CY Estimate N/A
Year Ago Earnings 2.81 Next Fiscal Year Estimate 3.517
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 39 39 39 38
Mean Estimate 0.77 0.79 3.19 3.52
High Estimates 0.84 0.84 3.47 4.03
Low Estimate 0.68 0.72 2.79 3.12
Coefficient of Variance 2.71 2.42 2.62 4.05

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 18 16 16
OVERWEIGHT 5 6 6
HOLD 19 19 19
UNDERWEIGHT 1 1 1
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Okta Inc. - OKTA

Date Name Shares Transaction Value
Mar 7, 2025 J. Frederic Kerrest Director N/A Open market or private sale of non-derivative or derivative security Non-derivative transaction at $112.5 per share 0.00
Mar 7, 2025 J. Frederic Kerrest Director 3,333 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $103.5 per share 344,965.50
Mar 7, 2025 J. Frederic Kerrest Director 6,666 Conversion of derivative security 0.00
Mar 7, 2025 J. Frederic Kerrest Director N/A Open market or private sale of non-derivative or derivative security Non-derivative transaction at $106.5 per share 0.00
Mar 7, 2025 J. Frederic Kerrest Director 6,666 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $103.5 per share 689,931.00
Mar 7, 2025 J. Frederic Kerrest Director 13,332 Conversion of derivative security 0.00
Mar 7, 2025 J. Frederic Kerrest Director N/A Open market or private sale of non-derivative or derivative security Non-derivative transaction at $106.5 per share 0.00
Mar 7, 2025 J. Frederic Kerrest Director 65,000 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $103.5 per share 6,727,500.00
Mar 7, 2025 J. Frederic Kerrest Director 130,000 Conversion of derivative security 0.00
Mar 7, 2025 J. Frederic Kerrest Director N/A Open market or private sale of non-derivative or derivative security Non-derivative transaction at $106.5 per share 0.00
Mar 7, 2025 J. Frederic Kerrest Director N/A Open market or private sale of non-derivative or derivative security Non-derivative transaction at $112.5 per share 0.00
Mar 7, 2025 J. Frederic Kerrest Director 143,852 Conversion of derivative security 0.00
Mar 7, 2025 J. Frederic Kerrest Director 3,338 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $109.5 per share 365,511.00
Mar 7, 2025 J. Frederic Kerrest Director N/A Open market or private sale of non-derivative or derivative security Non-derivative transaction at $112.5 per share 0.00
Mar 7, 2025 J. Frederic Kerrest Director 6,676 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $109.5 per share 731,022.00
Mar 7, 2025 J. Frederic Kerrest Director 143,852 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 7, 2025 J. Frederic Kerrest Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 7, 2025 J. Frederic Kerrest Director 6,671 Conversion of derivative security 0.00
Mar 7, 2025 J. Frederic Kerrest Director 13,342 Conversion of derivative security 0.00
Mar 7, 2025 J. Frederic Kerrest Director 78,852 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $109.5 per share 8,634,294.00

Okta Inc. in the News

Snap to cut 10% of global workforce

Snap announced that it is cutting some global positions, making it the latest in a growing list of major technology companies to announce layoffs in 2024.

Authentication firm Okta probes report of digital breach

Authentication services provider Okta Inc is investigating a report of a digital breach, the company said on Tuesday, after hackers posted screenshots showing what they claimed was its internal company environment.