Okta, Inc. creates an integrated system or cloud-based platform that securely connects any person via any device to the technologies they need to do their work. Its 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

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

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.
Numbers are in $, 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 (22-Jun-2017)

351.7 m

Closing share price (22-Jun-2017)

25.9

Cash (31-Dec-2016)

54.4 m
Okta's current market capitalization is $351.7 m.
FY, 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)
FY, 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
FY, 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
Numbers are in $, USDY, 2016

P/E Ratio

(6.1)

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, 2015Oct, 2016FY, 2016

Customers

1.32 k2.9 k2.23 k

Calculated Billings

68.1 m118.02 m

Users

40 m

Okta Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
StormpathMarch 06, 2017

Okta Market Value History

Okta Revenue Breakdown

Okta Job Categories

Okta Median Salaries

Source: 117 public H-1B filings from Okta

Okta Online and Social Media Presence

Okta News and Updates

Okta Company Life and Culture

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