Okta, Inc.

CybersecurityFounded 2009

Market Data Current As Of: September 12, 2026

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Okta, Inc.

CybersecurityFounded 2009

Reviewed by Swet Parvadiya

Last reviewed: September 12, 2026

Market Data Current As Of: September 12, 2026

Acquisitions

Okta Acquisitions

Total Acquisitions

$6.6B

Disclosed Deal Value

Spera Security

2023

$100M

Why

Acquired identity threat and posture management company to secure identity hygiene across SaaS apps.

Impact

Integrated into Okta Identity Threat Protection.

Outcome

Integrated technology.

Auth0

2021

$6.5B

Why

Acquired leading developer-first customer identity and access management (CIAM) platform.

Impact

Positioned Okta as the undisputed leader across both enterprise workforce and developer consumer identity.

Outcome

Core product pillar as Customer Identity Cloud.

Okta, Inc.'s Growth & Acquisition Strategy

Okta's multi-year corporate expansion strategy centers on four core operational growth pillars: First, 'Identity Threat Protection with Okta AI', analyzing cross-SaaS behavioral signals to autonomously revoke tokens when anomalous session hijacking is detected. Second, scaling Okta Identity Governance (OIG) and Privileged Access (PAM), taking market share from legacy compliance and PAM vendors (SailPoint, CyberArk). Third, accelerating Auth0 developer adoption, embedding identity into next-generation generative AI applications and microservices. Fourth, international enterprise penetration, expanding sales across Europe, Japan, Australia, and Latin America.

How Okta, Inc. Makes Money

Okta operates a multi-tiered, cloud-native Software-as-a-Service (SaaS) subscription and developer API licensing business model characterized by high net revenue retention (>105%) and enterprise gross margins above 75%. Its commercial revenue engine spans four primary pillars: First, Workforce Identity Cloud (~62% of revenue), monetizing per-user, per-month enterprise licenses for Single Sign-On (SSO), Adaptive Multi-Factor Authentication (MFA), Universal Directory, and Lifecycle Management across 18,800+ corporate clients. Second, Customer Identity Cloud (Auth0) (~26% of revenue), charging usage-based API and monthly active user (MAU) subscription tiers to software developers embedding login, authentication, and user management into consumer applications. Third, Identity Governance & Privileged Access (OIG & PAM) (~8% of revenue), selling high-tier governance compliance and privileged administrator session management tools. Fourth, Professional Services & Advanced Security Training (~4% of revenue), providing identity architecture consulting and deployment certifications.

Okta Acquisitions FAQ

How many acquisitions has Okta, Inc. completed over its history?

Okta, Inc. has completed approximately 2 corporate acquisitions on record.

What is Okta, Inc.'s strategic acquisition criteria?

When evaluating M&A targets, Okta, Inc. prioritizes complementary technology, specialized engineering talent, and immediate synergies that support workflow automation.

How does M&A contribute to Okta, Inc.'s competitive moat?

Acquisitions enable Okta, Inc. to absorb critical capabilities faster than building in-house, accelerating its time-to-market across Cybersecurity, Enterprise Identity & Access Management (IAM), Cloud Security, Customer Identity (CIAM) & Zero Trust Architecture.

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Explore Okta

Core profile pages, annual revenue records, and related research hubs for this company.

Okta, Inc.'s Growth & Acquisition Strategy

How Okta, Inc. Makes Money

Okta Acquisitions FAQ

How many acquisitions has Okta, Inc. completed over its history?

Okta, Inc. has completed approximately 2 corporate acquisitions on record.

What is Okta, Inc.'s strategic acquisition criteria?

When evaluating M&A targets, Okta, Inc. prioritizes complementary technology, specialized engineering talent, and immediate synergies that support workflow automation.