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.

Employee Rating

4.1More
TypePublic
HQSan Francisco, US
Founded2009
Size (employees)1,176 (est)
Websiteokta.com
Okta was founded in 2009 and is headquartered in San Francisco, US
Report incorrect company information

Viewing summary data as a guest

Sign up for free to see all data

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 San Francisco, Seattle, San Jose, Raleigh 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
View revenue for all periods
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 (Q3, 2019)

105.6m

Gross profit (Q3, 2019)

75.9m

Gross profit margin (Q3, 2019), %

71.9%

Net income (Q3, 2019)

(29.5m)

EBIT (Q3, 2019)

(28.5m)

Market capitalization (22-Jan-2019)

8.5b

Closing stock price (22-Jan-2019)

77.2

Cash (31-Oct-2018)

195.9m
Okta's current market capitalization is $8.5 b.
Annual
USDFY, 2015FY, 2016FY, 2017

Revenue

85.9m160.3m260.0m

Revenue growth, %

109%87%62%

Cost of goods sold

36.0m55.9m80.8m

Gross profit

49.9m104.4m179.2m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2019Q3, 2019

Revenue

31.8m37.4m42.3m53.0m61.0m68.2m83.6m94.6m105.6m

Cost of goods sold

12.4m13.8m14.1m17.5m19.7m21.1m24.1m28.2m29.7m

Gross profit

19.4m23.7m28.2m35.5m41.3m47.1m59.5m66.4m75.9m

Gross profit Margin, %

61%63%67%67%68%69%71%70%72%
Annual
USDFY, 2015FY, 2016FY, 2017

Cash

54.4m221.7m127.9m

Accounts Receivable

23.0m32.2m52.2m

Prepaid Expenses

4.6m7.0m17.0m

Current Assets

125.7m279.8m315.4m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2019Q3, 2019

Cash

221.7m126.5m137.6m211.8m192.9m195.9m

Accounts Receivable

32.2m35.3m46.9m50.4m

Prepaid Expenses

10.3m12.9m10.0m20.2m

Current Assets

279.8m274.7m294.7m636.2m633.4m658.1m
Annual
USDFY, 2015FY, 2016FY, 2017

Net Income

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

Depreciation and Amortization

1.9m2.9m7.0m

Accounts Payable

2.8m962.0k3.5m

Cash From Operating Activities

(32.7m)(41.5m)(25.2m)
Quarterly
USDQ1, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2019Q3, 2019

Net Income

(22.8m)(65.3m)(28.9m)(55.9m)(89.7m)(26.0m)(65.2m)(94.7m)

Depreciation and Amortization

887.0k3.2m1.6m3.3m5.1m2.1m3.7m5.8m

Accounts Payable

3.7m2.5m3.8m1.2m6.3m2.3m2.6m1.4m

Cash From Operating Activities

(15.0m)(35.4m)(9.7m)(15.9m)(25.4m)4.0m(1.4m)5.1m
USDY, 2018

Financial Leverage

3.3 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
ScaleFTJuly 17, 2018
StormpathMarch 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 metricswdxefcqufszuzezftuxetqsqxt
Report incorrect company information

Okta Online and Social Media Presence

Embed Graph
Report incorrect company information

Okta News and Updates

Mobile Identity Management 2019 Global Market Key Players – CA Technologies, Centrify, Gemalto, Oracle, OneLogin, HID Global Corporation, Cisco, T-Systems, Okta, Juniper Networks, Ericsson, Verisec, IBM......

Mobile Identity Management – Global Market Growth, Opportunities, Analysis Of Top Key Players And Forecast To 2025 Posted via Industry Today. Follow us on Twitter @IndustryToday

Identity and Access Management Market: Comprehensive study explores Huge Growth by Okta, Experian, Janrain, Mitek Systems

HTF MI recently introduced Global Identity and Access Management Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. Posted via Industry Today. Follow us on Twitter @IndustryToday

She helped one company define a new market. Now, former MetricStream CEO Shellye Archambeau is joining $7.4 billion Okta to do it again (OKTA)

On Thursday, Okta shareholders voted to bring Shellye Archambeau, former CEO of MetricStream, on to its board of directors. Okta CEO Todd McKinnon believes Archambeau's experience in helping a company define a new category will help Okta as it continues to define itself in security and identity ma…

Okta quarterly results, outlook top Wall Street view

Okta Inc. reported third-quarter results and forecast an outlook that topped Wall Street estimates late Wednesday, which may provide a boost to shares on Thursday when markets re-open. The company reported a third-quarter loss of $29.5 million, or 27 cents a share, compared with a loss of $33.1 mil…

Global Cloud Identity And Access Management (IAM) Market to grow with a CAGR of +12.5% over the forecast period of 2018-2025 Key Players Profile like IBM, Microsoft, Ping Identity, Oracle, Okta, Netiq

Statistical Review of the Cloud Identity And Access Management (IAM) Market Report is a report on the new progress and prospects of the Cloud Identity And Access Management (IAM) market, providing the professional and financial points of the current and RTA Furniture Industry future of Cloud Identit…

The Ratings Game: Okta, Palo Alto Networks drive cybersecurity gains on anniversary of Equifax hack disclosure

Cybersecurity stocks rise following strong earnings from Okta Inc. and Palo Alto Networks Inc., adding to solid gains over the past year following the disclosure of a massive data breach at Equifax Inc.
Show more
Report incorrect company information

Okta Blogs

How 83% of IT and Admin Leaders Increased Productivity in Their Organizations

IT’s time and resources are generally taken up by three main business activities: building or operating line of business applications, maintaining IT infrastructure, and integrating new systems. These responsibilities are so crucial to an organization’s commercial and operational livelihood that IT…

Leading with Analysts, Chosen by Customers: Okta recognized as a 2018 Gartner Peer Insights Customers’ Choice for Access Management, Worldwide

Since Okta’s inception almost ten years ago, we’ve been on a mission to empower our customers through technology. Customer success is our core tenant at Okta, and we’re thankful to be recognized by our customers as a 2018 Gartner Peer Insights Customers’ Choice for Access Management, Worldwide. Ena…

An Insider’s Take on API Strategy

We recently performed a survey to take the pulse of our community on their own API strategies. Our goal was to change and possibly debunk our own assumptions, and replace them with real-world perspectives from customers and partners working on these things day in and day out. In short, we validated…

Audrey Hoffman-Lekmine

Audrey Hoffman-Lekmine leads Okta’s Internal Communications program. She works across teams, offices and locations to ensure all Okta employees are informed, engaged and connected to our company vision. In her free time, she loves discovering new restaurants and pretending she has a green thumb. A…

FACT OR FICTION: SSO is Difficult to Deploy

At Okta, we are highly invested in sharing the latest ideas and practices around authentication and security—and that requires some myth busting. This blog is the fourth in a series of posts meant to tackle common misunderstandings and myths around single sign-on (SSO). SSO has a reputation for…

Growing our San Francisco Base: Welcome to our New HQ

2018 was an exciting year for Okta. Of course, we hosted President Barack Obama as a keynote speaker at Oktane18, and made a number of product and partnership announcements, but for the Workplace Services team, it was all about expanding to new offices in Toronto, Paris, Stockholm and Washington DC…
Show more

Okta Company Life and Culture

Report incorrect company information

Okta Frequently Asked Questions

  • When was Okta founded?

    Okta was founded in 2009.

  • Who are Okta key executives?

    Okta's key executives are Todd McKinnon, Frederic Kerrest and Charles Race.

  • How many employees does Okta have?

    Okta has 1,176 employees.

  • What is Okta revenue?

    Latest Okta annual revenue is $260 m.

  • What is Okta revenue per employee?

    Latest Okta revenue per employee is $221.1 k.

  • Who are Okta competitors?

    Competitors of Okta include ForgeRock, Ping Identity and Open Systems.

  • Where is Okta headquarters?

    Okta headquarters is located at 301 Brannan Street, San Francisco.

  • Where are Okta offices?

    Okta has offices in San Francisco, Seattle, San Jose, Raleigh and in 15 other locations.

  • How many offices does Okta have?

    Okta has 19 offices.