Okta
Cloud identity and access management software for enterprises.
Available information varies by company and source.
Profile record updated:
Company facts
- Official name
- Okta, Inc.
- Entity type
- COMPANY
- Headquarters
- United States
- Market role
- B2B SaaS Provider
- Ticker
- OKTA
- Official website
- okta.com
What Okta does
Okta operates a recurring-revenue enterprise software model centred on cloud identity infrastructure. It sells workforce identity and customer identity products as subscription SaaS, adds modular security and governance capabilities to increase account value, and supports adoption through professional services and success plans. Value is created by becoming the control layer for authentication, access and identity lifecycle processes across a customer’s application estate, which raises deployment breadth and retention over time.
Category differentiation
Okta is an enterprise identity and access management software company, not a general cloud infrastructure provider or consumer social platform. It sells identity software and related services to organisations, even when its tools authenticate end users.
Strategic context
AI-supported assessment from the existing company research; distinguish interpretation from sourced facts.
Okta, Inc. is a public B2B SaaS company that provides cloud identity and access management software. Its core platform covers workforce identity for employees, contractors and partners, plus customer identity for developers and enterprises building customer-facing applications. Core capabilities include single sign-on, multi-factor authentication, lifecycle management, identity governance, privileged access, API access management and fraud protection. Auth0 functions as Okta’s developer-focused customer identity platform, while the Okta Integration Network extends the platform through prebuilt third-party integrations. Okta generates most of its revenue from recurring software subscriptions sold to enterprises, with additional income from professional services, support and success plans. Its direct buyers are enterprise IT, security, identity and digital product teams rather than consumers, even where the software manages end-user identities. The company’s value proposition is centralising authentication, access control and identity lifecycle management in a unified cloud platform with a large integration ecosystem.
Company news briefing
Briefing updated:
Building on its US$200 million acquisition of Permiso Security and strategic investment in Sapiom, Okta reported strong fiscal second-quarter revenue of US$805 million, driven by rising demand for AI agent security. The firm has launched the Okta Managed MCP Server to enable natural language organisation management and introduced AI agent discovery to its Identity Security Posture Management. Furthermore, Okta joined over 100 technology companies in signing an open letter advocating for coordinated global cyber-defence against sophisticated AI-driven attacks, whilst continuing its agent identity work with the Nvidia-led Open Secure AI Alliance.
Business model & monetisation
Okta monetises through subscription SaaS contracts across workforce identity and customer identity products. Workforce products are commonly priced per user with annual commitments, while customer identity products use tiered pricing based on usage such as monthly active users and enterprise base packages. Additional revenue comes from premium modules, add-on security and governance capabilities, professional services, support and customer success subscriptions.
- Workforce identity subscriptions
- Software Subscription
- Customer identity subscriptions
- Software Subscription
- Professional services
- Service Fee
- Success plans and support
- Software Subscription
Products & capabilities
No products with linked sources are available in this view.
Products & market categories
Subsidiaries & acquisitions
- Auth0
Developer-first cloud identity platform for apps and APIs.
Recent recorded signals
Dates refer to the source publication. Older entries are historical context, not evidence of a new event.
Cybersecurity stock Zscaler's charts turn bullish: Jay Woods
Financials · Recorded impact score: 1/5
In a CNBC Pro segment, technician Jay Woods discusses Zscaler (ZS), a cybersecurity company that has underperformed its sector peers. While CrowdStrike, Fortinet, Okta, and Palo Alto Networks have gained over 100% year-to-date, Zscaler shares fell as much as 65% from 52-week highs and remain down 13% this year. However, Woods observes a bottoming formation on both daily and weekly charts, with a bullish crossover in MACD and a breakout above $195 resistance. He suggests upside targets of $250-$265, representing 25-30% potential upside, with support at $165. The analysis highlights relative rotation within the cybersecurity sector, indicating that laggards like Zscaler may see renewed strength.
- Zscaler (ZS) shares fell as much as 65% from 52-week highs and remain down 13% year-to-date.
- CrowdStrike, Fortinet, Okta, and Palo Alto Networks have each gained over 100% year-to-date.
Introducing the Okta Managed MCP Server: Manage your Okta org with natural language
Recorded impact score: 4/5
Okta announced the Okta Managed MCP Server, enabling management of Okta orgs via natural language, and Identity Security Posture Management now includes AI agent discovery for all customers.
Descope Unveils Cross-App Access for AI Agent Identity
Identity · Recorded impact score: 2/5
Descope, a customer and agentic identity platform, announced Cross-App Access (XAA) support in its Agentic Identity Hub. This allows enterprises to govern AI agent access through their existing identity providers (IdPs). The feature supports both validation and issuance of ID-JAG tokens, enabling SSO-like login for AI agents accessing MCP servers. It addresses security issues like static API keys and over-permissioned agents. New capabilities include per-organization scope policies, self-service XAA setup, and standards-based token exchange. The Cross-App Access protocol replaces static API keys with short-lived assertions minted by trusted identity providers. It also builds on OAuth 2.1, DCR, CIMD, and consent management support. According to Gravitee research, only 22% of teams treat agents as independent identities. Descope is among the first to support both token validation and issuance. The company was named a Leader in the 2025 Frost Radar for Non-Human Identity Solutions.
- Descope launched Cross-App Access (XAA) support in its Agentic Identity Hub.
- XAA supports both ID-JAG token validation and issuance for AI agent access.
Okta +27% and CrowdStrike +18% After AI-Driven Earnings
Earnings Report · Recorded impact score: 4/5
Okta and CrowdStrike shares jumped sharply after both companies beat Wall Street estimates for the fiscal second quarter and raised guidance, citing rising AI-driven cyber threats that are increasing customer spending on security. CrowdStrike’s stock rose about 18% and Okta’s surged roughly 27%, helping lift other cybersecurity names such as Palo Alto Networks, SailPoint, Zscaler and Rubrik. CrowdStrike CEO George Kurtz described an “arms race” driven by AI, while Okta CEO Todd McKinnon said AI tool adoption is still in early stages and that new products contributed nearly a third of bookings. Analysts at Bank of America and Deutsche Bank commented on the sector, and the report framed identity-security tools as clear winners amid growing AI agent risks.
- Okta’s stock rose about 27% after beating Wall Street estimates and raising guidance for the fiscal second quarter.
- CrowdStrike’s stock gained about 18% after beating estimates and lifting its forecast, citing AI-driven threats.
Okta Shares Jump 15% After Beat; AI Spurs Identity Demand
Identity · Recorded impact score: 4/5
Okta reported fiscal Q2 results that topped Wall Street estimates, with adjusted EPS of $1.05 versus $0.97 expected and revenue of $805 million versus $795 million expected. Revenue rose 11% year-over-year and net income was $116 million. Okta made its "Okta for AI Agents" tool widely available during the quarter, said new products represented 30% of bookings, and closed dozens of AI-related deals. The company closed its acquisition of threat-detection startup Permiso Security for roughly $200 million and raised full-year revenue and adjusted EPS guidance. Remaining performance obligations rose to $4.86 billion (up 17% YoY). CEO Todd McKinnon said the security opportunity around agentic AI is still early but growing, helping drive investor interest in identity and cybersecurity vendors.
- Okta reported adjusted EPS of $1.05 for fiscal Q2 versus $0.97 expected.
- Okta reported revenue of $805 million for fiscal Q2 versus $795 million expected; revenue rose 11% year-over-year.
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Questions about Okta
What is Okta?
Okta is a public enterprise software company that provides cloud identity and access management products such as SSO, MFA, lifecycle management, CIAM and identity governance.
Who uses Okta?
Okta is used by enterprise IT and security teams, identity administrators, developers, product teams and organisations managing workforce or customer identities.
How does Okta make money?
Okta makes money primarily through recurring SaaS subscriptions for identity products, plus professional services, support and customer success plans.
Sources & coverage
This profile uses public, official and technically observable information. Missing information does not prove that a product or relationship does not exist. The list below does not imply that every profile statement has been verified.
10 publicly documented primary sources and citations linked across the market graph.
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