# Okta Inc. (OKTA)

**Exchange:** NASDAQ  
**Sector:** Technology  
**Market cap:** $20.82B  
**Price:** $116.14 (+1.06%)

> Okta Inc. is a technology company that provides cloud-based identity and access management solutions for organizations worldwide. Its core platform, the Okta Identity Cloud, enables secure authentication, authorization, and user management across a wide range of applications, devices, and digital services. Okta serves both workforce identity needs, helping employees and partners securely access corporate resources, and customer identity needs, allowing businesses to manage and protect end-user access to their applications and online services. Key offerings include single sign-on, adaptive multi-factor authentication, lifecycle and access management, and developer tools that integrate identity into custom applications. Okta’s solutions are used across industries such as technology, financial services, healthcare, and the public sector to enhance security, streamline user access, and support compliance requirements. Founded in 2009 and headquartered in San Francisco, California, Okta plays a significant role in modern cybersecurity and digital infrastructure by acting as a central, independent identity layer for enterprises and developers.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2026 | $2.92B | $2.26B | $149M | $235M | $1.31 |
| 2025 | $2.61B | $1.99B | -$74M | $28M | $0.06 |
| 2024 | $2.26B | $1.68B | -$516M | -$355M | $-2.17 |
| 2023 | $1.86B | $1.31B | -$812M | -$815M | $-5.16 |
| 2022 | $1.30B | $904M | -$768M | -$848M | $-5.73 |
| 2021 | $835M | $617M | -$204M | -$266M | $-2.09 |
| 2020 | $586M | $427M | -$186M | -$209M | $-1.78 |
| 2019 | $399M | $286M | -$120M | -$125M | — |
| 2018 | $257M | $176M | -$112M | -$110M | — |
| 2017 | $161M | $105M | -$75M | -$75M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2026 | $9.71B | $2.71B | $7.00B | $858M | — |
| 2025 | $9.44B | $3.03B | $6.41B | $409M | — |
| 2024 | $8.99B | $3.10B | $5.89B | $334M | — |
| 2023 | $9.31B | $3.84B | $5.47B | $264M | — |
| 2022 | $9.21B | $3.28B | $5.92B | $260M | — |
| 2021 | $3.30B | $2.60B | $693M | $435M | — |
| 2020 | $1.96B | $1.55B | $405M | $520M | — |
| 2019 | $984M | $732M | $252M | $298M | — |
| 2018 | $399M | $200M | $199M | $128M | — |
| 2017 | $131M | $146M | -$212M | $23M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2026 | $884M | $9M | $875M |
| 2025 | $750M | $8M | $742M |
| 2024 | $512M | $8M | $504M |
| 2023 | $86M | $12M | $74M |
| 2022 | $104M | $13M | $91M |
| 2021 | $128M | $13M | $115M |
| 2020 | $56M | $15M | $40M |
| 2019 | $15M | $20M | -$5M |
| 2018 | -$25M | $7M | -$32M |
| 2017 | -$42M | $6M | -$48M |
| 2016 | -$42M | $4M | -$46M |

Source: [CompaniesByCap](https://companiesbycap.com/company/OKTA)