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OKTA · Okta, Inc.

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$182.87 +0.33 (+0.18%) At close · Nov 13
Market Cap
$31.97B
Shares
174.82M
Volume · Nov 13 2.43M Avg daily vol (3M) 4.25M

Price & Indicators

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20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$182.87 Open$186.50 Day$175.00–186.50 52W close$62.93–232.13 Avg vol 30d4.4M Short int6.6M · 3.8% of shares · 1.9d Short vol54% Last earningsAug 26, 2026 DataJan 2020–Nov 2026 Filing10-Q · Aug 27

Up next

Dec 1, 2026 Announced · in 2 wks
Dec 1, 2026 Scheduled · in 2 wks

Latest documents

2026
Aug 27
Quarterly report 10-Q FY2027 Q2, ended Jul 31
Quarterly report for FY2027 Q2 AI summary on its way
Revenue $805M ▲ 10.6% Net income $116M ▲ 73.1% Diluted EPS $0.65 ▲ 75.7%
All documents

Metrics snapshot

Useful current figures from the complete screener profile.

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)
110.2
Trailing earnings · reciprocal yield 0.9%
FCF yield
3.1%
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
3.8%
Latest settlement · 1.9 days to cover
View all 125 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
Neutral
SellHoldBuy
Technical Neutral Momentum Strong Sentiment Neutral Fundamentals Excellent Quant / Vol Very High
Market backdrop VIX 19.3 · elevated Equity put/call 0.63
Technical
price trend
Neutral
50 / 200-day cross No cross
Price vs 200-day avg +42%
above
Price vs 50-day avg −8%
below
RSI (14) 44
neutral
MACD trend Negative
52-week position 71%
mid-range
Volume (OBV) Bullish div.
accumulating
Momentum
relative strength
Strong
1-month return −2%
trailing
6-month return +95%
trailing
YTD return +111%
this year
Relative strength +94%
vs S&P · 6-mo
Sentiment
smart money
Neutral
Trend (MA cross) No cross
50d $198 › 200d $129 — 50d above 200d
Institutional flow Distributing
882 of 843 funds reported for Sep 30 · net -58.1K sh shares · +205 new
Insider flow Flat
No net insider activity over 90 days
Short interest Falling
3.77% of shares out · ▼ -5.3% MoM · 1.9 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
843 holders — near 3-yr high, broad support
Squeeze score 55
elevated · 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 110.2
rich
Buyback $555.0M
remaining
Balance sheet $508.0M
net cash
Quant / Vol
risk profile
Very High
Volatility 70%
annualized · 1-yr
Max drawdown −33%
past year
ATR 7.2%
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

Beat or met 8 of last 8
Latest guidance · from the 8-K filed Aug 26, 2026
third quarter of fiscal 2027
Total revenue $813M – $817M
prior qtr $805M midpoint +1.2% QoQ
Current RPO $2.59B – $2.6B
Non-GAAP operating income Non-GAAP $196M – $200M
Non-GAAP diluted net income per share Non-GAAP $0.92 – $0.94
Non-GAAP free cash flow Non-GAAP $175M – $185M
full year fiscal 2027
Total revenue Raised $3.22B – $3.23B
May 28, 2026 $3.19B – $3.21B changed to Aug 26, 2026 $3.22B – $3.23B
prior FY $2.92B midpoint +10.3% Y/Y
Non-GAAP operating income Non-GAAP Raised $830M – $840M
May 28, 2026 $806M – $826M changed to Aug 26, 2026 $830M – $840M
Non-GAAP diluted net income per share Non-GAAP Raised $3.90 – $3.94
May 28, 2026 $3.79 – $3.87 changed to Aug 26, 2026 $3.90 – $3.94
Non-GAAP free cash flow Non-GAAP Raised $910M – $930M
May 28, 2026 $855M – $885M changed to Aug 26, 2026 $910M – $930M
Previous outlook earlier release · from the 8-K filed May 28, 2026

Still-open targets the latest release did not restate under the same label.

Total revenue · second quarter of fiscal 2027 $790M – $794M
Current RPO · second quarter of fiscal 2027 $2.51B – $2.52B
Non-GAAP operating income · second quarter of fiscal 2027 $204M – $208M
Non-GAAP diluted net income per share · second quarter of fiscal 2027 $0.95 – $0.97
Non-GAAP free cash flow · second quarter of fiscal 2027 $155M – $165M
Guided vs delivered · last 8 settled
Total revenue second quarter of fiscal 2027
guided $790M – $794M
$805M Beat +1.6%
Total revenue first quarter of fiscal 2027
guided $749M – $753M
$765M Beat +1.9%
Total revenue fourth quarter of fiscal 2026
guided $748M – $750M
$761M Beat +1.6%
Total revenue full year fiscal 2026
guided $2.91B – $2.91B
$2.92B Beat +0.4%

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

Technicals

trend & momentum for long-term holders Neutral
2 · 3 · 2
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
+42% Bullish
Price vs 50-day avg
−8% Bearish
RSI (14)
44 Neutral
MACD trend
Negative Bearish
52-week position
71% Neutral
Volume (OBV)
Bullish div. Bullish
Market signals — smart money & positioning
Bullish · 2 of 6
Trend (MA cross) No cross
50d $198 › 200d $129 — 50d above 200d
Institutional flow Distributing
882 of 843 funds reported for Sep 30 · net -58.1K sh shares · +205 new
Insider flow Flat
No net insider activity over 90 days
Short interest Falling
3.77% of shares out · ▼ -5.3% MoM · 1.9 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
843 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $63 Now $183 · 71% Range high $232
vs 200-day avg +42% vs 50-day avg -8%

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
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 —
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 —
Class A common stock repurchased and retired 3,026,820 the three months ended April 30, 2026 filing —
Subscription-based business model share of total revenue 98% the three months ended April 30, 2026 filing —
Total Number of Shares Purchased (in thousands) 3.03M First Quarter 2027 filing —

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
$31.97B +111.5% +11.8% 110.2 3.8%
MSFT
Microsoft Corp
$3.89T +8.3% +6.9% 27.4 0.8%
PLTR
Palantir Technologies Inc.
$404.77B -5.5% +56.2% 117.5 2.3%
ORCL
Oracle Corp
$379.03B -35.7% +17.3% 19.7 1.5%
PANW
Palo Alto Networks Inc
$263.59B +74.9% +29.0% — 2.5%

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 Reducing
Holders
992
% held
98.8%
Reported
882 of 843
Top holder
BlackRock, Inc.
Held Float
View
Held by Funds
Fund positions
626
View
Short & Settlement
Short Interest Falling
Shares short
6.6M
Days to cover
1.9d
Change
-367.4K sh
View
Short Volume
Short vol %
54%
As of
Nov 13, 2026
Short Total
View
Fails to Deliver
FTD shares
2.4K
Value
$548.2K
As of
Oct 14, 2026
View
Off-Exchange
Off-exchange %
51.2%
Week of
Oct 5, 2026
Off-exch Lit
View
Smart Money
Congressional Trades Sell
Member
Maria Elvira Salazar
Amount
$1.0K–$15.0K
Traded
Sep 24, 2026
View
Financials
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
18
View
Proposed Sales
Value
$3.2M
Shares
14.7K
Filed
Oct 7, 2026
View
Earnings & Events
Webcasts Upcoming
Next webcast
Dec 1, 2026
Last webcast
Sep 9, 2026
View
Investor Relations
Latest news
Okta to Announce Third Quarter Fi…
Published
Nov 2, 2026
Upcoming events
2
View

Performance

5D 20D 120D MTD YTD
OKTA +8.4% -2.3% +94.9% -12.2% +111.5%
SPY +2.6% -1.2% +0.5% -0.2% +10.6%
vs SPY +5.8% -1.2% +94.4% -12.0% +100.9%

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) 806 filings 742 filers Visit website Investor relations