Okta was founded in 2009 and is headquartered in San Francisco, US
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Key People/Management at Okta
Todd McKinnon
CEO & Co-Founder
Frederic Kerrest
COO & Co-Founder
Charles Race
President, Worldwide Field Operations
Yassir Abousselham
Chief Security Officer
Hector Aguilar
Chief Technology Officer & Executive Vice President of Engineering
Krista Anderson-Copperman
Chief Customer Officer
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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
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Okta Financials and Metrics
Okta Financials
Okta's revenue was reported to be $85.91 m in FY, 2016 which is a 109.5% increase from the previous period.
| USD | |
|---|---|
Revenue (Q3, 2018) | 68.2 m |
Gross profit (Q3, 2018) | 47.1 m |
Gross profit margin (Q3, 2018), % | 69% |
Net income (Q3, 2018) | (33.8 m) |
EBIT (Q3, 2018) | (35.2 m) |
Market capitalization (25-May-2018) | 5.5 b |
Closing share price (25-May-2018) | 51.9 |
Cash (31-Oct-2017) | 137.6 m |
Okta's current market capitalization is $5.5 b.
- Source: Techcrunch
- Source: Techcrunch
Annual
| USD | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|
Cash | 18.2 m | 54.4 m | 221.7 m |
Accounts Receivable | 13.1 m | 23 m | 32.2 m |
Prepaid Expenses | 3.3 m | 4.6 m | 7 m |
Current Assets | 82.5 m | 125.7 m | 279.8 m |
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 |
|---|---|---|---|
Cash | 221.7 m | 126.5 m | 137.6 m |
Accounts Receivable | 32.2 m | 35.3 m | 46.9 m |
Prepaid Expenses | 10.3 m | 12.9 m | 10 m |
Current Assets | 279.8 m | 274.7 m | 294.7 m |
Annual
| USD | FY, 2015 | FY, 2016 |
|---|---|---|
Net Income | (59.1 m) | (76.3 m) |
Depreciation and Amortization | 1.9 m | 2.9 m |
Accounts Payable | 2.8 m | 962 k |
Cash From Operating Activities | (32.7 m) | (41.5 m) |
Quarterly
| USD | Q1, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 |
|---|---|---|---|---|---|
Net Income | (22.8 m) | (65.3 m) | (28.9 m) | (55.9 m) | (89.7 m) |
Depreciation and Amortization | 887 k | 3.2 m | 1.6 m | 3.3 m | 5.1 m |
Accounts Payable | 3.7 m | 2.5 m | 3.8 m | 1.2 m | 6.3 m |
Cash From Operating Activities | (15 m) | (35.4 m) | (9.9 m) | (25.4 m) | (25.4 m) |
| USD | Y, 2017 |
|---|---|
Revenue/Employee | 75.9 k |
Financial Leverage | 2 x |
Okta Operating Metrics
Okta's Customers was reported to be 4.4 k in FY, 2018. Okta's Users was reported to be 40 m in Oct, 2016.
Okta Acquisitions / Subsidiaries
| Acquired Company | Date | Deal Size |
|---|---|---|
| Stormpath (49) | March 06, 2017 | |
| Okta Australia Pty Limited | ||
| Okta UK LTD | ||
| SpydrSafe Mobile Security, Inc. |
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Okta News and Updates
May 27, 2018
President Obama says it feels 'pretty good' not to be president any more — and he threw some shade in Trump's direction
President Obama says he is enjoying life after the Oval Office.
He says that one particular thing about life after the Oval Office is great: he gets more sleep.
And he couldn't resist throwing a subtle barb at the work habits of the current president.
For the most part, President Obama is stayin…
May 26, 2018
Obama warns: if America stays so divided, our democracy and economy won’t survive
Former President Barack Obama remains hopeful that America can solve its political divisiveness.
But he also has a stark warning for the US: Our economy and our democracy are at risk if we can't get past the finger-pointing, partisan morass that has gridlocked the nation for years.
Obama also said…
May 25, 2018
Obama made a joke about ‘the modern presidency’ and people ‘going to jail’
President Barack Obama had a rule in his White House that no one would get in trouble for making a mistake as long as there wasn't "malicious intent" behind it, he said at a tech conference in Las Vegas on Wednesday.
Obama said this rule worked great, which is why his administration "didn't have s…
May 24, 2018
Okta Announces Grant to Fast Forward, Technology Nonprofit Community
PRESS RELEASE: Okta, Inc. (NASDAQ:OKTA), the leading independent provider of identity for the enterprise, today announced the next grantee of the Okta for Good Fund, Fast Forward, an organization that funds and supports nonprofit entrepreneurs...
May 24, 2018
Obama sounds off on the need for Silicon Valley tech companies to be regulated and improve the way they handle data breaches
Barack Obama talked about Silicon Valley and the need for regulation at a recent tech conference in Las Vegas.
The former president said that both tech companies and lawmakers in Washington need to be more "proactive" in figuring out "a framework" for future regulation.
He also criticized the way …
May 23, 2018
Okta and Workplace by Facebook Partner to Power and Secure Enterprise Collaboration
PRESS RELEASE: Okta, Inc. (NASDAQ:OKTA), the leading independent provider of identity for the enterprise, and Workplace by Facebook today announced a partnership and product integration to give enterprises a simple, secure way to enable modern...
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