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NASDAQ NMS - GLOBAL MARKET · Technology · CIK 0001660134
$201.33
-3.50% · delayed ~15 min
Last price from Oct 22, 2026
$35.41B market value
From Okta, Inc.'s FY2026 10-K, filed Mar 5, 2026 · read the filing
Okta makes and sells software and computing services. It took in $2.92B last year, which makes it a mid-sized company. Of every dollar it sells, about 8 cents is left as profit.
The financial picture is led by debt, with profitability and growth worth watching.
A conclusion from the filings, not a recommendation. Detailed figures and supporting evidence appear in their dedicated sections below.
Financial health
Generally healthy, with a few things to watch.
From Okta, Inc.'s FY2026 annual filing · share price scored separately
Largest year-over-year changes in FY2026
Operating income
-$74.0M → $149.0M
Profit
$28.0M → $235.0M
Earnings per share
$0.17 → $1.34
Cash
$409.0M → $858.0M
Measured against FY2025, from the 10-K filed Mar 5, 2026
Improved: turned positive
-$74.0M to $149.0MCritical
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Improved: +739.3%
$28.0M to $235.0MCritical
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
How the latest move compares (quote delayed ~15 min), and what was published around it
OKTA fell 3.50% on the latest quote. The average Technology company tracked here moved −1.25%, and the S&P 500 −1.04%. That is 2.3 points below its sector and 2.5 points below the market.
Expectations
Not from the filings — what other people are betting on, and what the price already assumes.
The growth rate someone buying today is paying for, against what the company has delivered
At today's price, the market is paying for free cash flow to grow by about 15% a year for the next 10 years. Over the last 6 years it grew by about 67% a year.
The essentials
Each answered from the filings, with the numbers behind it.
Yes. It keeps about 8 cents of every dollar of sales as profit, earning $235.0M last year.
Slowly. Sales grew 11.8% last year.
It does not appear so. For every $1 it owes, it owns $3.58 in assets.
Core operating and valuation reference metrics
Income
This company pays no dividend. It keeps its profits and reinvests them in the business instead, so any return would have to come from the share price.
Figures from the FY2026 annual filing
Last year it earned $235.0M and generated $884.0M of cash from operations.
Reported annual figures
As reported to the SEC, in USD. Hover or show sources to see where each figure came from.
| Income statement | FY202610-K · Mar 5, 2026Filing for FY2026 | FY202510-K · Mar 5, 2025Filing for FY2025 | FY202410-K · Mar 1, 2024Filing for FY2024 | FY202310-K · Mar 3, 2023Filing for FY2023 | FY202210-K · Mar 3, 2023Filing for FY2022 | ChangeFY2026 vs FY2025 |
|---|---|---|---|---|---|---|
| RevenueWhat is this? | $2.92B | $2.61B | $2.26B | $1.86B | $1.30B | +11.8% |
| Cost of revenue | $661.0M | $618.0M | $581.0M | $546.0M | $396.0M | +7.0% |
| Gross profit | $2.26B | $1.99B | $1.68B | $1.31B | $904.0M | +13.4% |
| Gross marginGross profit ÷ revenueWhat is this? | 77.4% | 76.3% | 74.3% | 70.6% | 69.5% | +1.0 pts |
| Selling, general and administrative | $448.0M | $448.0M | $450.0M | $409.0M | $432.0M | ±0.0% |
| Operating income | $149.0M | -$74.0M | -$516.0M | -$812.0M | -$768.0M | n/m |
| Operating marginOperating income ÷ revenueWhat is this? | 5.1% | -2.8% | -22.8% | -43.7% | -59.1% | +7.9 pts |
| Interest expense | $4.0M | $5.0M | $8.0M | $11.0M | $91.0M | −20.0% |
| Income before tax | $255.0M | $46.0M | -$337.0M | -$801.0M | -$850.0M | +454.3% |
| Net income | $235.0M | $28.0M | -$355.0M | -$815.0M | -$848.0M | +739.3% |
| Net marginNet income ÷ revenueWhat is this? | 8.1% | 1.1% | -15.7% | -43.9% | -65.2% | +7.0 pts |
| Earnings per shareNet income ÷ shares outstanding at the period end — close to, but not the same as, the reported EPSWhat is this? | $1.34 | $0.1651 | $-2.17 | $-5.16 | $-5.73 | +709.2% |
† calculated from other reported figures, such as total liabilities as assets minus equity.
This company's latest filing beside its peers' stored scores
| Company | Health | F-Score | Revenue growth | Profit margin | P/E | Debt to equity |
|---|---|---|---|---|---|---|
| OKTAOkta, Inc. · this page | 7.3/10 | 7/8 |
Insider activity, ownership stakes and what's coming — straight from EDGAR, before any article is written about it
Officers, directors and major shareholders must report within two business days of a trade.
Sold on the open market — 2,700 shares at $216.35 ($584.2K)
Holds 23,048 shares after this filing.
Sold on the open market
20 recent filings, newest first. Each is labelled from its form and item numbers, not from its wording.
Had a director or senior officer leave or join
Read the filingQuarterly report for Q2 FY2027
Revenue +10.6% · Operating margin +7.7 pts · Operating income +161.0% — against Q2 FY2026
Read the filingWrite down why you are following Okta, Inc., what has to go right and what would change your mind, then see each new annual report measured against it. Sign in to start one.
Go deeper
Every figure above traces back to a filing in the timeline, each linked to the document itself.
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Every company's figures are checked for internal consistency: the balance sheet adding up, figures sharing one currency, cash flow and share counts within plausible ranges, and how recent the latest annual report is. Nothing here changes a figure.
Financial figures are from OKTA's 10-K for fiscal year 2026 (period ending 2026-01-31, filed Mar 5, 2026), reported under the US GAAP taxonomy. View the source filing.
3 of 4 scored areas had enough reported figures to judge
The score averages profitability, growth, debt and accounting. Accounting had too few reported figures and is left out of the average rather than counted as a weakness, so a company is never marked down for a figure it did not publish. Cash generation is shown for context and already feeds profitability. Valuation is scored separately, because a share price says nothing about whether the business is sound. 8 of the 9 Piotroski checks could be evaluated. How the score works
Each year scored only from its annual report as it was first filed
| Fiscal year | Health | F-Score | Scored from |
|---|---|---|---|
| FY2026 | 7.3 | 7/8 | 10-K, filed Mar 5, 2026 |
| FY2025 | 6.0 | 6/8 | 10-K, filed Mar 5, 2025 |
| FY2024 | 4.7 | 5/8 | 10-K, filed Mar 1, 2024 |
| FY2023 | 4.7 | 5/8 | 10-K, filed Mar 3, 2023 |
| FY2022 | 4.7 | 3/8 | 10-K, filed Mar 3, 2023 |
| FY2021 | 4.7 | 3/8 | 10-K, filed Mar 4, 2021 |
A later restatement never reaches back into an earlier year, and every year is scored without a share price, so the latest point can differ a little from the headline score, which uses today's price.
Every check behind the three models, and what each one tests
7 of 8 checks passed
Nine yes-or-no tests of whether this year's finances improved on last year's. One could not be evaluated and is excluded from the total rather than counted as a failure.
2.69
In the safe zone
For this model, above 2.6 is safe and below 1.1 is distress.
Distance from bankruptcy, from a model fitted on companies that did and did not go bust. It describes a balance sheet's shape today; it does not forecast a failure.
not reported — This company has not reported enough of the required figures to calculate this score.
This company has not reported enough of the required figures to calculate this score.
Screens eight accounting ratios for the pattern earnings manipulators tend to leave. A flag is a reason to read the filing closely, never evidence of wrongdoing.
Every figure above comes from the FY2026 filing as filed with the SEC.
Improved: +709.2%
$0.17 to $1.34Critical
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Improved: +109.8%
$409.0M to $858.0MCritical
Why it matters: A falling cash pile is only a warning if the company is consuming it. Paying down debt, buying back stock and paying a dividend all reduce cash by choice.
Improved: +7.9 pts
-2.8% to 5.1%Significant
Why it matters: What survives each sale after running the business. A falling operating margin beside a steady gross margin points at overheads — wages, marketing, research — rather than pricing.
Improved: +7.0 pts
1.1% to 8.1%Significant
Why it matters: What survives to the very end of each sale. Worth reading beside revenue: growing sales on a shrinking margin means the company is buying its growth.
Improved: +17.9%
$742.0M to $875.0MSignificant
Why it matters: Cash left after paying for the plant that produced it — the money genuinely available for dividends, buybacks or paying down debt. Harder to flatter than profit.
Improved: +11.8%
$2.61B to $2.92BNotable
Why it matters: Sales are what everything else is built on. A fall can be lost customers, lower prices, or a business the company sold — the filing itself says which.
Improved: +13.4%
$1.99B to $2.26BNotable
Why it matters: What is left of sales after the direct cost of producing them. It normally moves with revenue, so a move out of step with revenue is the part worth noticing.
Improved: +1.0 pts
76.3% to 77.4%Notable
Why it matters: What survives each sale before overheads. Falling gross margin usually means the company is discounting or its input costs rose — it is the earliest place pricing pressure shows.
Deteriorated: +3.7%
169.6M to 175.9MNotable
Why it matters: New shares divide the same company into more pieces, so each existing holding owns slightly less of it. Often pay for staff or an acquisition rather than anything wrong.
Changed: +12.5%
$8.0M to $9.0MNotable
Why it matters: Neither good nor bad on its own. Heavy spending is a company building capacity or a company struggling to stand still, and the two look identical in this figure.
Q2 FY2027 against Q2 FY2026, from the 10-Q filed Aug 27, 2026 — read it.
Improved: +161.0%
$41.0M to $107.0MCritical
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Improved: +73.1%
$67.0M to $116.0MCritical
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
Improved: +74.3%
$0.38 to $0.67Critical
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Improved: +7.7 pts
5.6% to 13.3%Significant
Why it matters: What survives each sale after running the business. A falling operating margin beside a steady gross margin points at overheads — wages, marketing, research — rather than pricing.
Improved: +5.2 pts
9.2% to 14.4%Significant
Why it matters: What survives to the very end of each sale. Worth reading beside revenue: growing sales on a shrinking margin means the company is buying its growth.
Improved: +10.6%
$728.0M to $805.0MNotable
Why it matters: Sales are what everything else is built on. A fall can be lost customers, lower prices, or a business the company sold — the filing itself says which.
Improved: +14.5%
$560.0M to $641.0MNotable
Why it matters: What is left of sales after the direct cost of producing them. It normally moves with revenue, so a move out of step with revenue is the part worth noticing.
Improved: +2.7 pts
76.9% to 79.6%Notable
Why it matters: What survives each sale before overheads. Falling gross margin usually means the company is discounting or its input costs rose — it is the earliest place pricing pressure shows.
Deteriorated: -12.9%
$876.0M to $763.0MNotable
Why it matters: A falling cash pile is only a warning if the company is consuming it. Paying down debt, buying back stock and paying a dividend all reduce cash by choice.
Q2 FY2027 against Q1 FY2027, from the 10-Q filed Aug 27, 2026 — read it. Quarter-to-quarter moves include seasonal swings — a retailer's holiday quarter — which the year-earlier comparison removes.
Improved: +91.1%
$56.0M to $107.0MCritical
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Improved: +56.8%
$74.0M to $116.0MCritical
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
Improved: +58.4%
$0.42 to $0.67Critical
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Improved: +6.0 pts
7.3% to 13.3%Significant
Why it matters: What survives each sale after running the business. A falling operating margin beside a steady gross margin points at overheads — wages, marketing, research — rather than pricing.
Improved: +4.7 pts
9.7% to 14.4%Significant
Why it matters: What survives to the very end of each sale. Worth reading beside revenue: growing sales on a shrinking margin means the company is buying its growth.
Improved: +5.2%
$765.0M to $805.0MNotable
Why it matters: Sales are what everything else is built on. A fall can be lost customers, lower prices, or a business the company sold — the filing itself says which.
Improved: +7.7%
$595.0M to $641.0MNotable
Why it matters: What is left of sales after the direct cost of producing them. It normally moves with revenue, so a move out of step with revenue is the part worth noticing.
Improved: +1.8 pts
77.8% to 79.6%Notable
Why it matters: What survives each sale before overheads. Falling gross margin usually means the company is discounting or its input costs rose — it is the earliest place pricing pressure shows.
Improved: -1.0%
176.1M to 174.3MNotable
Why it matters: The company bought back stock, so each remaining holding owns slightly more of it. Worth checking it was not funded by borrowing.
Figures compare the two most recent annual filings — read the latest one. Moves are graded on fixed lines — 5%, 15% and 40% for amounts, and 1, 3 and 8 points for margins — as notable, significant or critical. Nothing here reads the management commentary, which is where a company explains its own numbers.
These coincide with the move in time. None is presented as its cause: a price can move on news that names no company, on the wider market, or on trading that no document records.
Filter by minute, hour, day or week — or compare against peers
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Discounted at 8%–10% a year, with growth settling to 2.5% after 10 years. Those rates are ordinary choices, not measurements: across that range the assumed growth works out between 12% and 17%. This describes what the price implies — it is not a forecast, and not a view on whether the price is right.
Opinions from 51 analysts covering this company, as of . Their views, not this site's.
Of 51 analysts publishing on this company, 12 say strong buy, 29 say buy and 10 say hold. Analysts are paid to publish a view and are wrong often; the split above says how much they agree with each other, which is the part a single headline rating hides.
Published by Finnhub. Analyst coverage skews towards larger companies and towards optimism — sell ratings are rare across the whole market, so a company with none is ordinary rather than endorsed.
Measured on and published about a week later — this is a fortnightly snapshot, not a live position.
About 4.5% of this company's shares have been borrowed and sold by people expecting to buy them back cheaper. That is a bet the price falls. Those people can be wrong, and when a heavily shorted share rises they have to buy it back, which pushes it up further.
Collected by FINRA from broker-dealers twice a month. It counts positions, not intentions, and some of it is hedging rather than a directional bet against the company.
Nothing in this section is a figure this company reported about itself. These are expectations and positions — what the price implies, what analysts have published, what short sellers are betting, and what large funds held at the last count. WylthIQ reports them; it does not endorse them, does not forecast prices, and takes no view on whether any of them will turn out to be right.
The trailing P/E is 118.0x — a high multiple relative to the current trailing profit.
This company has not reported enough of the required figures to calculate this score.
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| Median of peers | 5.8/10 | — | 18.2% | -1.1% | 29.17x | 2.22x |
|---|
Peers come from the company's industry classification. A difference describes the companies; it does not rank them.
Holds 15,173 shares after this filing.
Sold on the open market — 2,100 shares at $218.20 ($458.2K)
Holds 13,073 shares after this filing.
Sold on the open market — 2,002 shares at $220.00 ($440.4K)
Holds 11,071 shares after this filing.
Sold on the open market — 4,793 shares at $189.04 ($906.1K)
Holds 44,029 shares after this filing.
Sold on the open market — 6,961 shares at $190.05 ($1.3M)
Holds 37,068 shares after this filing.
Sold on the open market — 3,970 shares at $190.81 ($757.5K)
Holds 33,098 shares after this filing.
Sold on the open market — 5,337 shares at $192.02 ($1.0M)
Holds 27,761 shares after this filing.
Sold on the open market — 4,558 shares at $192.88 ($879.1K)
Holds 23,203 shares after this filing.
Sold on the open market — 2,101 shares at $194.24 ($408.1K)
Holds 21,102 shares after this filing.
Sold on the open market — 3,194 shares at $195.46 ($624.3K)
Holds 17,908 shares after this filing.
Sold on the open market — 9,996 shares at $196.24 ($2.0M)
Holds 7,912 shares after this filing.
Sold on the open market — 6,065 shares at $197.20 ($1.2M)
Holds 1,847 shares after this filing.
Sold on the open market — 1,847 shares at $197.79 ($365.3K)
Holds 0 shares after this filing.
Sold on the open market — 1,495 shares at $182.23 ($272.4K)
Holds 23,568 shares after this filing.
Sold on the open market — 3,244 shares at $183.37 ($594.8K)
Holds 20,324 shares after this filing.
Sold on the open market — 956 shares at $184.26 ($176.2K)
Holds 19,368 shares after this filing.
Sold on the open market — 300 shares at $185.65 ($55.7K)
Holds 19,068 shares after this filing.
Sold on the open market — 300 shares at $186.70 ($56.0K)
Holds 18,768 shares after this filing.
Sold on the open market — 100 shares at $188.56 ($18.9K)
Holds 18,668 shares after this filing.
Exercised stock options — 5,035 shares
Holds 43,519 shares after this filing.
Had shares withheld to cover taxes — 2,562 shares
Holds 40,957 shares after this filing.
Exercised stock options — 7,392 shares
Holds 48,349 shares after this filing.
Had shares withheld to cover taxes — 3,762 shares
Holds 44,587 shares after this filing.
Exercised stock options — 8,622 shares
Holds 53,209 shares after this filing.
Had shares withheld to cover taxes — 4,387 shares
Holds 48,822 shares after this filing.
Exercised stock options — 2,196 shares
Holds 25,665 shares after this filing.
Had shares withheld to cover taxes — 1,118 shares
Holds 24,547 shares after this filing.
Exercised stock options — 484 shares
Holds 25,031 shares after this filing.
Had shares withheld to cover taxes — 247 shares
Holds 24,784 shares after this filing.
Exercised stock options — 836 shares
Holds 25,620 shares after this filing.
Had shares withheld to cover taxes — 426 shares
Holds 25,194 shares after this filing.
Exercised stock options — 1,129 shares
Holds 26,323 shares after this filing.
Had shares withheld to cover taxes — 575 shares
Holds 25,748 shares after this filing.
Exercised stock options — 3,873 shares
Holds 85,919 shares after this filing.
Had shares withheld to cover taxes — 1,525 shares
Holds 84,394 shares after this filing.
Exercised stock options — 3,520 shares
Holds 87,914 shares after this filing.
Had shares withheld to cover taxes — 1,386 shares
Holds 86,528 shares after this filing.
Exercised stock options — 4,619 shares
Holds 91,147 shares after this filing.
Had shares withheld to cover taxes — 1,818 shares
Holds 89,329 shares after this filing.
Notice filed ahead of a planned sale — the sale itself has not necessarily happened yet.
Filed notice to sell 14,677 shares ($3.2M) on or after .
Shares originally obtained via Restricted Stock Units.
Filed notice to sell 24,542 shares ($5.1M) on or after .
Shares originally obtained via Restricted Stock Units.
Filed notice to sell 48,822 shares ($9.3M) on or after .
Shares originally obtained via PSU Vesting.
Filed notice to sell 6,395 shares ($1.2M) on or after .
Shares originally obtained via Restricted Stock Units.
Filed notice to sell 2,462 shares ($467.8K) on or after .
Shares originally obtained via Restricted Stock Units.
Filed notice to sell 2,549 shares ($436.2K) on or after .
Shares originally obtained via Restricted Stock Units.
Estimated from how often this has happened before, not a confirmed date.
Not investment advice, and not a signal to act on by itself — a filing says what happened, not why, and insiders trade for ordinary reasons having nothing to do with where they think the company is headed.
Published results
Had a director or senior officer leave or join · Held a shareholder vote
Read the filingQuarterly report for Q1 FY2027
Revenue +11.2% · Operating margin +1.7 pts · Operating income +43.6% — against Q1 FY2026
Read the filingPublished results · Made a Regulation FD disclosure
Read the filingProxy statement for a shareholder meeting
Read the filingHad a director or senior officer leave or join
Read the filingHad a director or senior officer leave or join
Read the filingHad a director or senior officer leave or join
Read the filingAnnual report for FY2026
Revenue +11.8% · Operating margin +7.9 pts · Operating income turned positive — against FY2025
Read the filingPublished results · Made a Regulation FD disclosure
Read the filingReported another event
Read the filingHad a director or senior officer leave or join
Read the filingQuarterly report for Q3 FY2026
Revenue +11.6% · Operating margin +5.5 pts · Operating income turned positive — against Q3 FY2025
Read the filingPublished results · Made a Regulation FD disclosure
Read the filingQuarterly report for Q2 FY2026
Revenue +12.7% · Operating margin +8.6 pts · Operating income turned positive — against Q2 FY2025
Read the filingPublished results · Made a Regulation FD disclosure · Reported another event
Read the filingHad a director or senior officer leave or join
Read the filingHad a director or senior officer leave or join · Held a shareholder vote
Read the filingPrimary sources and further research