Okta, Inc.
Financial Performance
Okta Revenue & Financials
Revenue
$2.9B (FY2026)
Market Cap
$33B
Net Income
$235M
Employees
6,366
What is Okta's revenue?
Okta had $2.9B in revenue for fiscal year 2026, up 11.8% from 2025. Net income was $235M.
- Latest revenue
- $2.9B (FY2026)
- Year-over-year
- +11.8%
- Growth rate (CAGR)
- 38% over 9 years
- Peak revenue
- $2.9B (FY2026)
- Years of data
- 10
- Employees
- 6,366
- What is Okta's operating income?
- Okta reported operating income of $149M for fiscal year 2026. sec.gov
- How much profit does Okta make?
- Okta reported net income of $235M for fiscal year 2026. investors.okta.com
- How many employees does Okta have?
- Okta has about 6,366 employees.
Financial Analysis
Okta crossed into GAAP profitability in fiscal 2025 ($28 million net income on $2.610 billion revenue) and expanded it in fiscal 2026: revenue rose 12% to $2.919 billion, GAAP operating income reached $149 million, net income $235 million and free cash flow $863 million (30% margin). Momentum continued in fiscal 2027. Q2 FY2027 (ended July 31, 2026) revenue grew 11% to $805 million, GAAP net income was $116 million, free cash flow $227 million, and remaining performance obligations rose 17% to $4.858 billion. Okta held $2.299 billion of cash and short-term investments after repaying the last $350 million of its 2026 convertible notes in cash, and it has been buying back stock. Okta, Inc. is a massive American cloud-based identity and access management company, commanding a market valuation typically exceeding $15 billion.
Revenue Trend Analysis
YoY Change
+11.8%
9-Year CAGR
+38%
Peak Year
2026
Trend
Consistent Growth
Okta, Inc. has 10 full fiscal year figures on this page, compounding at +38% annually over 9 years. The most recent year saw a 11.8% increase versus the prior year. Annual revenue peaked in fiscal year 2026 at $2.9B. Of 9 comparable year-over-year steps, 9 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Operating Income | Net Income | YoY Change | Source |
|---|---|---|---|---|---|
| FY2026 | $2.9B | $149Mfiling | $235M | +11.8% | Okta fiscal 2026 earnings release (March 4, 2026) Fiscal year ended January 31, 2026. |
| FY2025 | $2.6B | -$74Mfiling | $28M | +15.3% | Okta, Inc. Form 10-K filings (SEC EDGAR) Fiscal year ended January 31, 2025. |
| FY2024 | $2.3B | -$516Mfiling | -$355M | +21.8% | Okta, Inc. Form 10-K filings (SEC EDGAR) Fiscal year ended January 31, 2024. |
| FY2023 | $1.9B | -$812Mfiling | -$815M | +42.9% | Okta, Inc. Form 10-K filings (SEC EDGAR) Fiscal year ended January 31, 2023. |
| FY2022 | $1.3B | -$768Mfiling | -$848M | +55.7% | Okta, Inc. Form 10-K filings (SEC EDGAR) Fiscal year ended January 31, 2022. |
| FY2021 | $835M | -$204Mfiling | -$266M | +42.5% | Okta, Inc. Form 10-K filings (SEC EDGAR) Fiscal year ended January 31, 2021. |
| FY2020 | $586.1M | -$185.8Mfiling | -$208.9M | +46.8% | Okta, Inc. Form 10-K filings (SEC EDGAR) Fiscal year ended January 31, 2020. |
| FY2019 | $399.3M | -$119.6Mfiling | -$125.5M | +55.6% | Okta, Inc. Form 10-K filings (SEC EDGAR) Fiscal year ended January 31, 2019. |
| FY2018 | $256.5M | -$111.9Mfiling | -$109.8M | +59.5% | Okta, Inc. Form 10-K filings (SEC EDGAR) Fiscal year ended January 31, 2018. |
| FY2017 | $160.8M | -$74.7Mfiling | -$75.1M | — | Okta, Inc. Form 10-K filings (SEC EDGAR) Fiscal year ended January 31, 2017. |
Click any row to see year details.
Okta, Inc. balance sheet and cash flow
Balance-sheet figures are as of each fiscal year end; cash-flow figures cover the fiscal year. Taken from the company's annual report on Form 10-K, linked on each row. Free cash flow here is operating cash flow less capital expenditures, calculated by CorpDigest. In some years total assets exceed liabilities plus shareholders' equity because the company reported redeemable preferred stock or non-controlling interests outside both.
| Fiscal Year | Operating cash flow | Capital expenditures | Total assets | Total liabilities | Shareholders' equity | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| FY2026ended Jan 31, 2026 | $884M | $9M | $9.7B | $2.7B | $7B | $875M | Form 10-K |
| FY2025ended Jan 31, 2025 | $750M | $8M | $9.4B | $3B | $6.4B | $742M | Form 10-K |
| FY2024ended Jan 31, 2024 | $512M | $8M | $9B | $3.1B | $5.9B | $504M | Form 10-K |
| FY2023ended Jan 31, 2023 | $86M | $12M | $9.3B | $3.8B | $5.5B | $74M | Form 10-K |
| FY2022ended Jan 31, 2022 | $104M | $13M | $9.2B | $3.3B | $5.9B | $91M | Form 10-K |
| FY2021ended Jan 31, 2021 | $128M | $13M | $3.3B | $2.6B | $693M | $115M | Form 10-K |
| FY2020ended Jan 31, 2020 | $55.6M | $15.4M | $2B | $1.6B | $405M | $40.2M | Form 10-K |
| FY2019ended Jan 31, 2019 | $15.2M | $19.8M | $984.3M | $731.9M | $252.4M | -$4.6M | Form 10-K |
| FY2018ended Jan 31, 2018 | -$25.2M | $6.5M | $399.3M | $199.9M | $199.3M | -$31.8M | Form 10-K |
| FY2017ended Jan 31, 2017 | -$42.1M | $6.3M | $130.6M | $146.3M | -$212.4M | -$48.4M | Form 10-K |
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Okta Revenue and Financial FAQ
What was Okta's revenue in fiscal 2026?
Okta reported $2.919 billion in revenue for fiscal 2026 (ended January 31, 2026), up 12% from $2.610 billion. Subscription revenue was $2.855 billion.
What was Okta's net income in fiscal 2026?
GAAP net income was $235 million, or $1.31 per diluted share, versus $28 million in fiscal 2025. Non-GAAP net income was $646 million.
How much free cash flow does Okta generate?
Free cash flow was $863 million in fiscal 2026 (30% of revenue), up from $730 million in fiscal 2025. Q2 fiscal 2027 free cash flow was $227 million.
What are Okta's remaining performance obligations?
At July 31, 2026, RPO was $4.858 billion, up 17%, and current RPO was $2.585 billion, up 14%.
What did Okta report for Q2 fiscal 2027?
For the quarter ended July 31, 2026, revenue was $805 million (up 11%), GAAP operating income $107 million, GAAP net income $116 million and non-GAAP EPS $1.05.
How much cash does Okta have?
Okta held $2.299 billion in cash, cash equivalents and short-term investments at July 31, 2026, after settling the remaining $350 million of its 2026 convertible notes in cash.
What is Okta's fiscal 2027 guidance?
In March 2026 Okta guided to fiscal 2027 revenue of $3.170-3.190 billion and free cash flow of $850-880 million, and it raised its outlook after Q2 results in August 2026.
What was the Auth0 acquisition price?
Okta bought Auth0 in an all-stock deal valued at about $6.5 billion, announced in March 2021 and completed in May 2021.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Okta Revenue & Financials." CorpDigest, https://corpdigest.com/company/okta/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Okta reported $2.9B in revenue (FY2026).</strong><br>Source: <a href="https://corpdigest.com/company/okta/financials" target="_blank" rel="noopener">CorpDigest — Okta financials</a></div>Related Financial Audits
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