Okta is an independent provider of identity for the enterprise. The Company's identity cloud connects and protects employees as well as connects enterprises to their partners, suppliers and customers. Okta offers solutions, such as access applications across multiple domains; cloud applications on mobile devices; connecting to distributor and supplier identities; employee single sign-on to applications; employee system of record; secure customer identity management; secure infrastructure and services, and mobile device lifecycle automation.
Company Growth (employees)
Type
Public
HQ
San Francisco, US
Founded
2009
Size (employees)
898 (est)
Website
okta.com
Okta was founded in 2009 and is headquartered in San Francisco, US

Key People/Management 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
Bellevue, US
110 110th Avenue Northeast Suite 610
North Sydney, AU
100 Walker St
Amsterdam, NL
Benelux Barbara Strozzilaan 201
London, GB
503 201 Borough High St
Show all (18)

Okta Financials and Metrics

Okta Financials

Okta's revenue was reported to be $85.9 m in FY, 2016
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 (27-Oct-2017)

2.7 b

Closing share price (27-Oct-2017)

27.6

Cash (31-Oct-2017)

137.6 m
Okta's current market capitalization is $2.7 b.
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
USDQ2, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

37.4 m53 m61 m68.2 m

Cost of goods sold

13.8 m17.5 m19.7 m21.1 m

Gross profit

23.7 m35.5 m41.3 m47.1 m

Gross profit Margin, %

63%67%68%69%
USDFY, 2015FY, 2016FY, 2017

Cash

18.2 m54.4 m221.7 m

Accounts Receivable

13.1 m23 m32.2 m

Prepaid Expenses

3.3 m4.6 m7 m

Current Assets

82.5 m125.7 m279.8 m
USDQ1, 2018Q2, 2018Q3, 2018

Cash

221.7 m126.5 m137.6 m

Accounts Receivable

32.2 m35.3 m46.9 m

Prepaid Expenses

10.3 m12.9 m10 m

Current Assets

279.8 m274.7 m294.7 m
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
USDQ1, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

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

Depreciation and Amortization

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

Accounts Receivable

3.1 m(3.6 m)2.2 m(1.3 m)(12.7 m)

Accounts Payable

3.7 m2.5 m3.8 m1.2 m6.3 m
USDY, 2017

Revenue/Employee

75.9 k

Financial Leverage

2 x
Show all financial metrics

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, 2015Q3, 2016FY, 2016Oct, 2016Q3, 2017

Calculated Billings

$68.1 m$80.92 m$118.02 m$131.8 m

Customers

1.32 k2 k2.23 k2.9 k2.91 k

Users

40 m
Show all operating metrics

Okta Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
SpydrSafe Mobile Security, Inc.
Okta UK LTD
Okta Australia Pty Limited
StormpathMarch 06, 2017

Okta Market Value History

Okta Revenue Breakdown

Okta Median Salaries

Source: 117 public H-1B filings from Okta

Okta's Web-traffic and Trends

Okta Online and Social Media Presence

Okta News and Updates

No one used to call Okta’s CEO before trying to squash his business — now Amazon and Google give him a heads-up and that's ‘progress’

What does it feel like when all four of the largest cloud providers decide they want to compete with you? Okta Todd McKinnon says when you are tiny, they ignore you. When you are bigger, you get a courtesy call first. In some ways, the tech industry is like a small town, where everyone who's an…

How the Tax Bill and 'Grinch Bots' Could Ruin the Holidays

This week, Inc. editors and writers dive into the Senate's proposed tax bill and how toy scalpers are using computer programs to buy toys.

Okta Named a Leader in Identity-as-a-Service

PRESS RELEASE: Okta, Inc. (NASDAQ:OKTA), the leading independent provider of identity for the enterprise, today announced that the company has been named a Leader in The Forrester Wave™: Identity-As-A-Service, Q4 2017,* a report published...

Enabling IT Modernization with Identity Access Management

At GovLoop’s Gov Trends Virtual Summit, we heard from Nadav Benbarak, Director of Industry Solutions at Okta, and John Harrington, CSRA's Chief Architect supporting the Office of the CIO. They explained how identity and access management (IAM) can play a central role in every technology strategy age…

Identity Management Makes Modernization Possible

A user-focused modernization project not only ensures that new technologies meet stakeholder needs; it also illuminates a new tactic for increasing security. By using the identity of individual users – whether employees, citizens or other agencies – organizations can adopt new technologies that tran…

Identity Management Makes Modernization Possible

A user-focused modernization project not only ensures that new technologies meet stakeholder needs; it also illuminates a new tactic for increasing security. By using the identity of individual users – whether employees, citizens or other agencies – organizations can adopt new technologies that tran…
Show more

Okta Company Life and Culture

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