Okta Company Profile (2026): The World's Identity Company
Company Profile | Cybersecurity | Updated August 2026
Okta: The World's Identity Company Securing Humans, Machines & AI Agents
Okta (NASDAQ: OKTA) is The World's Identity Company, securing human, machine, and AI agent identity with $2.92 billion in FY2026 revenue (12% YoY growth), $4.83 billion RPO, and 20,000+ enterprise customers. With GAAP net income of $235 million and free cash flow of $252 million in Q4, Okta is the leading independent identity platform.
Executive Summary
Okta is The World's Identity Company, providing customer and workforce identity solutions that secure humans, machines, and AI agents. In fiscal year 2026, Okta generated $2.919 billion in revenue, up 12% year-over-year, with subscription revenue of $2.855 billion. The company reported GAAP net income of $235 million, compared to $28 million in the prior year. Q4 2026 revenue was $761 million, up 11% year-over-year, with free cash flow of $252 million (33% of revenue) and RPO of $4.827 billion, up 15% year-over-year. Okta has 20,000+ enterprise customers and is uniquely positioned as the only independent and neutral identity platform, securing every identity from humans to AI agents.
Company Overview
Okta, Inc. is the leading independent identity platform company headquartered in San Francisco, California. The company provides identity and access management (IAM) solutions for customers, employees, and partners. Okta's platform enables organizations to secure and manage identity for users, applications, and devices across cloud and on-premises environments.
Okta's mission is "to enable any organization to use any technology" by providing secure, neutral, and flexible identity solutions. The company went public on the Nasdaq in 2017 under the symbol OKTA.
Company History
Okta was founded in 2009 by Todd McKinnon and Frederic Kerrest, who met while working at Salesforce. They recognized that the shift to cloud computing was creating identity challenges that legacy on-premise solutions could not address. The founders set out to build a cloud-native identity platform that could securely connect people to any application, on any device, from anywhere.
Under CEO Todd McKinnon, Okta has grown to serve 20,000+ enterprise customers worldwide. The company has expanded from workforce identity into customer identity and access management (CIAM), and is now positioning itself as the identity platform for the AI era.
Leadership
- Todd McKinnon – CEO & Co-Founder – Former Salesforce executive; identity visionary
- Frederic Kerrest – Co-Founder – Former Salesforce executive
- Brett Tighe – CFO – Financial operations
Products & Services
Okta Workforce Identity Cloud
Identity and access management for employees, contractors, and partners, including Single Sign-On (SSO), Multi-Factor Authentication (MFA), and Lifecycle Management.
Okta Customer Identity Cloud
Customer identity and access management (CIAM) for B2C and B2B applications, including registration, authentication, and user management.
Okta Identity Governance
Identity governance and administration for compliance and access certification.
Okta AI
AI-powered identity security for threat detection, access intelligence, and automated identity management.
AI Strategy
Okta is positioning itself as the identity platform for the AI era. CEO Todd McKinnon stated: "AI is redefining the future of software and creating a critical need to secure AI agents, a challenge Okta was built to solve. As the only independent and neutral identity platform, we are uniquely positioned to secure every identity – from humans to AI agents – while providing our customers across the public and private sector the flexibility to innovate with confidence in the early stages of this new era".
Financial Performance
| Metric | Figure |
|---|---|
| FY2026 Revenue | $2.919 billion (+12% YoY) |
| FY2026 Subscription Revenue | $2.855 billion (+12% YoY) |
| FY2026 GAAP Net Income | $235 million |
| Q4 FY2026 Revenue | $761 million (+11% YoY) |
| Q4 FY2026 Subscription Revenue | $747 million (+11% YoY) |
| Q4 FY2026 GAAP Operating Income | $46 million (6% margin) |
| Q4 FY2026 Non-GAAP Operating Income | $202 million (26% margin) |
| Q4 FY2026 Free Cash Flow | $252 million (33% margin) |
| RPO | $4.827 billion (+15% YoY) |
| cRPO | $2.513 billion (+12% YoY) |
| Q1 FY2027 Revenue | $765 million (+12% YoY) |
Competitive Landscape
Okta competes with Microsoft Entra ID (Azure AD), Ping Identity, and ForgeRock in the identity and access management market. Okta's competitive advantages include its independent and neutral platform, deep integration with thousands of applications, and comprehensive identity solutions for both workforce and customer identity.
Key Takeaways
- FY2026 revenue of $2.92B, up 12% YoY; GAAP net income of $235M.
- Q4 FCF of $252M (33% margin); RPO of $4.83B, up 15% YoY.
- 20,000+ enterprise customers globally.
- Positioned as the identity platform for the AI era, securing AI agents.
- Only independent and neutral identity platform provider.
- Founded in 2009 by former Salesforce executives.
- Okta Investor Relations – investor.okta.com
- Okta Q4 FY2026 Press Release
- StockAnalysis – Okta Financials
- Nasdaq – Okta Coverage
Profile compiled August 2026. Information is current as of the date of compilation.