OKTA · Okta, Inc.

Track OKTA — free

$209.11 +4.23 (+2.06%) At close · Sep 30

S&P 400 member Russell 1000 member Rebalance outlook locked

Market Cap

$34.12B

174.82M

Volume · Sep 30 3.3M Avg daily vol (3M) 3.51M

Up next

Next earnings call

Nov 25, 2026 Est · unconfirmed · in 8 wks

Latest filing: 10-Q

filed Aug 27, 2026

Q2 2027 earnings call transcript

call held Aug 26, 2026

Metrics snapshot

Useful current figures from the complete screener profile.

View all 115 metrics

Revenue (TTM)

$3.07B

Trailing 12 months

Net income (TTM)

$296.00M

Trailing 12 months

Revenue growth YoY

+10.6%

Year over year

Operating margin

7.5%

Trailing 12 months

P / E (TTM)

123.4

Trailing earnings · reciprocal yield 0.8%

FCF yield

2.9%

TTM · current market cap

Return on invested capital

—

Trailing 12 months

Net cash

$2.30B

Latest balance sheet

Dividend yield

—

Trailing 12 months

Shares change YoY

-1.2%

Year over year · fewer shares

Price change (1Y)

+118.3%

Trailing year

Short interest

4.7%

Latest settlement · 2.2 days to cover

View all 115 metrics

AI Brief

Q2 FY27 earnings call · Aug 26, 2026

Q2 FY27

TL;DR. Okta delivered Q2 results ahead of expectations with cRPO growth accelerating to 14% and raised its full-year FY27 revenue, operating margin, and free cash flow outlook, while closing its $350M convertible notes and reporting record non-Q4 bookings driven by large enterprise strength and early AI agent security wins.

Bullish

+ Full-year FY27 revenue, non-GAAP operating margin (26%), and free cash flow margin (28%-29%) guidance raised
+ cRPO accelerated 200 bps to 14% year-over-year, the largest outperformance since Q4 FY25
+ Record non-Q4 bookings quarter driven by over 20% growth in $1M+ ACV customers and 600+ million-dollar customers
+ Free cash flow of $227M (28% margin) and operating cash flow of $234M (29% margin), both up sharply year-over-year
+ Convertible notes fully extinguished, removing $350M of debt and ending the quarter with ~$2.3B in cash and investments while repurchasing $125M of stock

Bearish

− FY27 revenue guidance embeds ~1 percentage point headwind from accelerated shift of professional services to GSI partners, and FCF margin embeds ~1 point headwind from lower interest income due to buybacks and notes settlement
− AI agent security business remains immaterial to FY27 revenue, with management indicating materiality is not expected until FY28 and beyond

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice

Overall

Buy

SellHoldBuy

Technical Strong Buy Momentum Very Strong Sentiment Neutral Fundamentals Excellent Quant / Vol Very High

Market backdrop VIX 16.3 · calm Equity put/call 0.53

Technical

price trend

Strong Buy

50 / 200-day cross No cross

Price vs 200-day avg +89%

above

Price vs 50-day avg +29%

above

RSI (14) 68

neutral

MACD trend Positive

52-week position 100%

near high

Volume (OBV) Confirms

volume backs price

Momentum

relative strength

Very Strong

1-month return +26%

trailing

6-month return +209%

trailing

YTD return +142%

this year

Relative strength +196%

vs S&P · 6-mo

Sentiment

smart money

Neutral

Trend (MA cross) No cross

50d $162 › 200d $111 — 50d above 200d

Institutional flow Accumulating

+13% holders QoQ · +199 funds added

Insider flow Flat

No net insider activity over 90 days

Short interest Rising

4.69% of float · ▲ +6.7% MoM · 2.2 days cover

Volume signal Normal

Volume near normal

Institution breadth Multi-yr high

837 holders — near 3-yr high, broad support

Squeeze score 71

high risk · 0–100

Fundamentals

Excellent

Revenue growth +12%

Y/Y

Gross margin 77%

expanding

EPS growth +2083%

Y/Y

Free cash flow $875.0M

Valuation P/E 117.6

rich

Buyback $555.0M

remaining

Quant / Vol

risk profile

Very High

Volatility 66%

annualized · 1-yr

Max drawdown −34%

past year

ATR 4.7%

of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

what management promised — and delivered

Beat or met 7 of last 8

Latest guidance · from the 8-K filed Aug 26, 2026

third quarter of fiscal 2027

Total revenue Initiated $813M – $817M

prior qtr $805M midpoint +1.2% QoQ

Current RPO Initiated $2.59B – $2.6B

Non-GAAP operating income Non-GAAP Initiated $196M – $200M

Non-GAAP diluted net income per share Non-GAAP Initiated $0.92 – $0.94

Non-GAAP free cash flow Non-GAAP Initiated $175M – $185M

full year fiscal 2027

Total revenue Initiated $3.22B – $3.23B

prior FY $2.92B midpoint +10.3% Y/Y

Non-GAAP operating income Non-GAAP Initiated $830M – $840M

Non-GAAP diluted net income per share Non-GAAP Initiated $3.90 – $3.94

Non-GAAP free cash flow Non-GAAP Initiated $910M – $930M

Guided vs delivered · last 8 settled

Total revenue second quarter of fiscal 2025

guided $631M – $633M

guided $631M – $633M $646M Beat +2.2%

Total revenue full year fiscal 2025

guided $2.53B – $2.54B

guided $2.53B – $2.54B $2.61B Beat +3.0%

Total revenue fourth quarter of fiscal 2024

guided $585M – $587M

guided $585M – $587M $605M Beat +3.2%

Total revenue full year fiscal 2024

guided $2.24B – $2.25B

guided $2.24B – $2.25B $2.26B Beat +0.8%

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Strong Buy

0 · 3 · 4

50 / 200-day cross

No cross Neutral

Price vs 200-day avg

+89% Bullish

Price vs 50-day avg

+29% Bullish

RSI (14)

68 Neutral

MACD trend

Positive Bullish

52-week position

100% Bullish

Volume (OBV)

Confirms Neutral

Market signals — smart money & positioning

Bullish · 2 of 6

Trend (MA cross) No cross

50d $162 › 200d $111 — 50d above 200d

Institutional flow Accumulating

+13% holders QoQ · +199 funds added

Insider flow Flat

No net insider activity over 90 days

Short interest Rising

4.69% of float · ▲ +6.7% MoM · 2.2 days cover

Volume signal Normal

Volume near normal

Institution breadth Multi-yr high

837 holders — near 3-yr high, broad support

Price context

position in its 52-week range

Range low $63 Now $209 · 100% Range high $209

vs 200-day avg +89% vs 50-day avg +29%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

the company's own KPIs, from written earnings releases and filings

Metric	Latest	Period	YoY
Free cash flow non-GAAP	$227M	Q2 FY2027	+0.0%

GAAP → non-GAAP reconciliation GAAP Net cash provided by operating activities 234M -1M Purchases of property and equipment -6M Capitalized software = Free cash flow 227M
Free cash flow margin non-GAAP	32%	Six Months Ended July 31, 2026	—
Non-GAAP gross margin non-GAAP	82%	Six Months Ended July 31, 2026	—
Non-GAAP gross profit non-GAAP	$1.28B	Six Months Ended July 31, 2026	—
Non-GAAP net income non-GAAP	$362M	Six Months Ended July 31, 2026	—
Non-GAAP net margin non-GAAP	24%	Three Months Ended July 31, 2026	—
Non-GAAP operating income non-GAAP	$226M	Q2 FY2027	+0.0%

GAAP → non-GAAP reconciliation GAAP Operating income 107M +114M Stock-based compensation expense +3M Amortization of acquired intangibles +2M Acquisition and integration-related expenses = Non-GAAP operating income 226M
Non-GAAP operating margin non-GAAP	27%	Six Months Ended July 31, 2026	—
Operating cash flow	$234M	Q2 FY2027	—

Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

Versus peers

Software - Infrastructure — same industry group

Open screener →

Company	Mkt cap	YTD	Rev growth Y/Y	P/E	Short % shares
OKTA Okta, Inc. this stock	$34.12B	+141.8%	+11.8%	117.6	4.7%
MSFT Microsoft Corp	$3.83T	+6.1%	+6.9%	28.8	0.9%
PLTR Palantir Technologies Inc.	$455.79B	+5.2%	+56.2%	162.1	2.5%
ORCL Oracle Corp	$414.55B	-29.6%	+17.3%	21.5	1.7%
PANW Palo Alto Networks Inc	$306.54B	+115.7%	+29.0%	—	2.7%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section

Ownership

Institutional Holders Accumulating

Holders

837

% held: 98.8%
Net QoQ: +4.1M sh
Top holder: BlackRock, Inc.

Held Float

View

Held by Funds

Fund positions

601

View

Short & Settlement

Short Interest Rising

Shares short

8.2M

Days to cover: 2.2d
Change: +514.4K sh

View

Short Volume

Short vol %

60%

As of: Sep 30, 2026

Short Total

View

Fails to Deliver

FTD shares

100

Value: $17.1K
As of: Sep 8, 2026

View

Off-Exchange

Off-exchange %

47.2%

Week of: Aug 24, 2026

Off-exch Lit

View

Smart Money

Congressional Trades Sell

Member

Gilbert Cisneros

Amount: $1.0K–$15.0K
Traded: Sep 12, 2025

View

Financials

Revenue (FY)

$2.9B

Net income (FY): $235.0M
EPS diluted: $1.31

View

Buybacks

Authorized

$1.0B

Remaining: $555.0M

Spent Remaining

View

Filings

SEC Filings

Latest

8-K

Filed: Sep 18, 2026
This year: 16

View

Proposed Sales

Value

$467.8K

Shares: 2.5K
Filed: Sep 18, 2026

View

Earnings & Events

Earnings Calls

Last call

Sep 9, 2026

View

Investor Relations

Performance

	5D	20D	120D	MTD	YTD
OKTA	+1.8%	+25.6%	+208.6%	+20.8%	+141.8%
SPY	-0.7%	+0.1%	+12.2%	-0.6%	+11.8%
vs SPY	+2.5%	+25.5%	+196.4%	+21.4%	+130.0%

Capital returns

Buyback program · as of Jul 31, 2026

Authorized

$1.00B

Spent (derived)

$445.00M

Remaining

$555.00M

Spent Remaining

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 1660134 CUSIP 679295105 13F (30d) 18 filings 14 filers Visit website Investor relations

OKTA · Okta, Inc.

Price & Indicators

Up next

Metrics snapshot

AI Brief

Equibles Rating

Guidance & track record

Technicals

Key metrics

Versus peers

At a glance

Performance

Capital returns