Okta operates an integrated system that connects persons via devices. The Company’s identity cloud connects various companies to pre-integrated apps and devices. It offers single sign-on, mobility management, adaptive multi-factor authentication, lifecycle management and universal directory products for IT customers, as well as complete authentication, user management, flexible administration, API access management and developer tools for developers.
Type
Public
HQ
San Francisco, US
Founded
2009
Size (employees)
1,176 (est)+31%
Website
okta.com
Okta was founded in 2009 and is headquartered in San Francisco, US
Report incorrect company information

Key People/Management at Okta

Todd McKinnon

Todd McKinnon

CEO & Co-Founder, CEO & Co-Founder Okta, Inc
Frederic Kerrest

Frederic Kerrest

COO & Co-Founder, COO & Co-Founder Okta, Inc
Charles Race

Charles Race

President, Worldwide Field Operations
Yassir Abousselham

Yassir Abousselham

Chief Security Officer
Hector Aguilar

Hector Aguilar

Chief Technology Officer & Executive Vice President of Engineering
Krista Anderson-Copperman

Krista Anderson-Copperman

Chief Customer Officer
Show more

Okta Office Locations

Okta has offices in Washington, Sydney, Amsterdam, San Jose and in 15 other locations
San Francisco, US (HQ)
301 Brannan Street
Bellevue, US
110 110th Avenue Northeast Suite 610
San Jose, US
300 Park Avenue
Washington, US
718 7th St. NW
North Sydney, AU
100 Walker St
Sydney, AU
80 Pacific Hwy, Level 14
Show all (19)
Report incorrect company information

Okta Financials and Metrics

Okta Revenue

Embed Graph
Okta's revenue was reported to be $259.99 m in FY, 2017 which is a 62.2% increase from the previous period.
USD

Revenue (Q1, 2018)

83.6 m

Gross profit (Q1, 2018)

59.5 m

Gross profit margin (Q1, 2018), %

71.2%

Net income (Q1, 2018)

(26 m)

EBIT (Q1, 2018)

(25 m)

Market capitalization (16-Aug-2018)

5.8 b

Closing stock price (16-Aug-2018)

54.9

Cash (30-Apr-2018)

211.8 m
Okta's current market capitalization is $5.8 b.
Annual
USDFY, 2015FY, 2016FY, 2017

Revenue

85.9 m160.3 m260 m

Revenue growth, %

109%87%62%

Cost of goods sold

36 m55.9 m80.8 m

Gross profit

49.9 m104.4 m179.2 m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

31.8 m37.4 m42.3 m53 m61 m68.2 m83.6 m

Cost of goods sold

12.4 m13.8 m14.1 m17.5 m19.7 m21.1 m24.1 m

Gross profit

19.4 m23.7 m28.2 m35.5 m41.3 m47.1 m59.5 m

Gross profit Margin, %

61%63%67%67%68%69%71%
Annual
USDFY, 2015FY, 2016FY, 2017

Cash

54.4 m221.7 m127.9 m

Accounts Receivable

23 m32.2 m52.2 m

Prepaid Expenses

4.6 m7 m17 m

Current Assets

125.7 m279.8 m315.4 m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

221.7 m126.5 m137.6 m211.8 m

Accounts Receivable

32.2 m35.3 m46.9 m50.4 m

Prepaid Expenses

10.3 m12.9 m10 m20.2 m

Current Assets

279.8 m274.7 m294.7 m636.2 m
Annual
USDFY, 2015FY, 2016FY, 2017

Net Income

(59.1 m)(76.3 m)(114.4 m)

Depreciation and Amortization

1.9 m2.9 m7 m

Accounts Payable

2.8 m962 k3.5 m

Cash From Operating Activities

(32.7 m)(41.5 m)(25.2 m)
Quarterly
USDQ1, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Net Income

(22.8 m)(65.3 m)(28.9 m)(55.9 m)(89.7 m)(26 m)

Depreciation and Amortization

887 k3.2 m1.6 m3.3 m5.1 m2.1 m

Accounts Payable

3.7 m2.5 m3.8 m1.2 m6.3 m2.3 m

Cash From Operating Activities

(15 m)(35.4 m)(9.9 m)(25.4 m)(25.4 m)4 m
USDY, 2018

Financial Leverage

2.9 x
Show all financial metrics

Okta Operating Metrics

Okta's Customers was reported to be 4.7 k in Q1, 2018. Okta's Users was reported to be 40 m in Q3, 2016.
FY, 2014Q3, 2016FY, 2015FY, 2016Q1, 2017Q2, 2018Q3, 2017FY, 2017Q1, 2018

Calculated Billings

$68.10 m$131.80 m$118.02 m$194.52 m$59.93 m$131.61 m$210.17 m$314.93 m$95.93 m

Customers

1.32 k2.90 k2.23 k3.11 k3.35 k3.65 k3.95 k4.35 k4.70 k

Users

40 m
Show all operating metrics

Okta Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
ScaleFT (15)July 17, 2018
Stormpath (49)March 06, 2017
Okta Australia Pty Limited
Okta Software Canada, Inc.
Okta UK LTD
SpydrSafe Mobile Security, Inc.

Okta Revenue Breakdown

Embed Graph

Okta revenue breakdown by business segment: 8.0% from Professional services and other and 92.0% from Subscription

Human Capital Metrics

Okta's employees are reported to be approximately 26% female and 74% male.
Embed Graph
Show all human capital metrics
Report incorrect company information

Okta Online and Social Media Presence

Embed Graph
Report incorrect company information

Okta News and Updates

Okta Snaps Up ScaleFT, Takes Aim at $50 Billion VPN Market

Strategic acquisition gives Okta zero trust credentials The post Okta Snaps Up ScaleFT, Takes Aim at $50 Billion VPN Market appeared first on Computer Business Review.

Okta nabs ScaleFT to build out ‘Zero Trust’ security framework

Okta, the cloud identity management company, announced today it has purchased a startup called ScaleFT to bring the Zero Trust concept to the Okta platform. Terms of the deal were not disclosed. While Zero Trust isn’t exactly new to a cloud identity management company like Okta, acquiring ScaleFT gi…

Obama visited a top-tier Sand Hill Road venture capital firm on a Silicon Valley trip

Former President Barack Obama visited the Andreessen Horowitz offices in Menlo Park, California on Friday. Obama previously said he finds "conversations I have with Silicon Valley and with venture capital" to be "really satisfying." Former President Barack Obama visited the Andreessen Horowitz o…

Stranger Things star Aimee Mullins has done a decade of inspiring Ted Talks — her tips will help anyone be a better public speaker

Aimee Mullins is a double-amputee athlete, model and actor known for her role on Stranger Things. She's also known as for her popular Ted Talks. Mullins has spent her life on stage sharing her personal story and inspiring people to believe in themselves.  She says that all of us can be powerful pu…
Show more
Report incorrect company information

Okta Company Life and Culture

Report incorrect company information