Okta is a provider of identity for enterprises. The Okta Identity Cloud connects and protects employees of many of the world's largest enterprises. It also securely connects enterprises to their partners, suppliers and customers. The Company's platform provides universal directory, single sign-on, automatic authentication, provisioning, centralized control of people and groups, adaptive multi-factor authentication, policy framework, mobility management, Okta application network, reporting and policy engine solutions. 
Company Growth (employees)
Type
Public
HQ
San Francisco, US
Founded
2009
Size (employees)
1,102 (est)+7%
Website
okta.com
Okta was founded in 2009 and is headquartered in San Francisco, US

Key People at Okta

Todd McKinnon

Todd McKinnon

CEO & Co-Founder
Bill Losch

Bill Losch

Chief Financial Officer
Eric Berg

Eric Berg

Chief Product Officer
Hector Aguilar

Hector Aguilar

Chief Technology Officer & Executive Vice President of Engineering
Yassir Abousselham

Yassir Abousselham

Chief Security Officer

Okta Office Locations

Okta has offices in San Francisco, Bellevue, Amsterdam, London and in 14 other locations
San Francisco, US (HQ)
301 Brannan Street, Suite 300
North Sydney, AU
100 Walker St
London, GB
503 201 Borough High St
Amsterdam, NL
Benelux Barbara Strozzilaan 201
Bellevue, US
Key Center, 601 108th Avenue Northeast 19th Floor, Suite 1934
Show all (18)

Okta Data and Metrics

Okta Financial Metrics

Okta's revenue was reported to be $85.9 m in FY, 2016 which is a 109% increase from the previous period.
USD

Revenue (FY, 2016)

85.9 m

Revenue growth (FY, 2015 - FY, 2016), %

109%

Gross profit (FY, 2016)

49.9 m

Gross profit margin (FY, 2016), %

58%

Net income (FY, 2016)

(76.3 m)

EBIT (FY, 2016)

(76 m)

Market capitalization (20-Jul-2017)

321.4 m

Closing share price (20-Jul-2017)

24.2

Cash (31-Dec-2016)

54.4 m
Okta's current market capitalization is $321.4 m.
USDFY, 2015FY, 2016

Revenue

41 m85.9 m

Revenue growth, %

109%

Cost of goods sold

18.7 m36 m

Gross profit

22.3 m49.9 m

Gross profit Margin, %

54%58%

Sales and marketing expense

49.1 m77.9 m

R&D expense

18.4 m28.8 m

General and administrative expense

19.2 m13.6 m

Operating expense total

86.7 m120.3 m

EBIT

(58.8 m)(76 m)

EBIT margin, %

(143%)(88%)

Interest expense

199 k19 k

Pre tax profit

(59 m)(76 m)

Net Income

(59.1 m)(76.3 m)
USDFY, 2015FY, 2016

Cash

18.2 m54.4 m

Accounts Receivable

13.1 m23 m

Current Assets

82.5 m125.7 m

PP&E

1.5 m5.2 m

Goodwill

2.6 m2.6 m

Total Assets

97.1 m149.8 m

Accounts Payable

4.2 m5.9 m

Current Liabilities

50.5 m87.1 m

Non-Current Liabilities

59.7 m102.9 m

Total Liabilities

110.2 m190 m

Common Stock

2 k2 k

Preferred Stock

154.5 m228 m

Additional Paid-in Capital

10.9 m23.4 m

Retained Earnings

(128.1 m)(204.4 m)

Total Equity

(117.2 m)(181.1 m)

EPS

(3.7)(4.3)

Financial Leverage

-0.8 x-0.8 x
USDFY, 2015FY, 2016

Net Income

(59.1 m)(76.3 m)

Depreciation and Amortization

1.9 m2.9 m

Accounts Receivable

(7.2 m)(10.7 m)

Accounts Payable

2.8 m962 k

Cash From Operating Activities

(32.7 m)(41.5 m)

Purchases of PP&E

(1.2 m)(4.1 m)

Cash From Investing Activities

(48.6 m)1.2 m

Cash From Financing Activities

77.3 m76.8 m
USDY, 2016

P/E Ratio

(5.6)

Revenue/Employee

105.6 k

Financial Leverage

-0.8 x

Okta Operating Metrics

Okta's Users was reported to be 40 m in Oct, 2016. Okta's Customers was reported to be 2.9 k in Oct, 2016
FY, 2015FY, 2016Oct, 2016

Calculated Billings

68.1 m118.02 m

Customers

1.32 k2.23 k2.9 k

Users

40 m

Okta Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
StormpathMarch 06, 2017

Okta Market Value History

Okta Revenue Breakdown

Okta Median Salaries

Source: 117 public H-1B filings from Okta

Traffic Overview of Okta

Okta Online and Social Media Presence

Okta News and Updates

Okta Appoints Yassir Abousselham as Chief Security Officer

PRESS RELEASE: Okta, Inc. (NASDAQ:OKTA), the leading independent provider of identity for the enterprise, today announced the appointment of Yassir Abousselham as Chief Security Officer. Abousselham brings nearly 20 years of experience leading...

Okta Extends Canadian Presence with New Downtown Toronto Office

PRESS RELEASE: Okta, Inc. (NASDAQ:OKTA), the leading independent provider of identity for the enterprise, today announced the opening of its new Canadian office in downtown Toronto. With the new office, Okta will tap into the area's diverse high-technology...

An Execution Leader: Okta Named a Leader in Inaugural Gartner Magic Quadrant for Access Management, Worldwide

PRESS RELEASE: Okta, Inc., the leading independent provider of identity for the enterprise, today announced that the company has been recognized by Gartner Inc. as a Leader in the "Magic Quadrant for Access Management, Worldwide 2017." In the...

Okta soars 5% after first earnings report

 Okta reported its first quarterly results since going public in April. The company managed to surpass investors’ expectations and went up 5 percent in initial after-hours trading. Okta, which provides identity management software for businesses, brought in $53 million in revenue, a 67 percent incre…

Okta Moves to Modernize Critical Government Identity Infrastructure, Achieves FedRAMP Certification From the U.S. Government

PRESS RELEASE: Okta, the leading independent provider of identity for the enterprise, today announced it has received Moderate certification in the Federal Risk and Authorization Management Program (FedRAMP). The U.S. government-wide program...

Okta pops as Wall Street continues to take a shine to the enterprise

 Okta came out of the gate strong today in its Wall Street debut, attracting the type of institutional investors CEO Todd McKinnon says should be around for the long haul. This IPO comes at a time when Wall Street appears ready to embrace enterprise technology companies. Read More
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Okta Company Life and Culture

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