Okta, Inc. · Software

OKTA

Low riskNext report: Around Dec 1 (est.)

View price ↗

The short version

A profitable company with growing sales.

Going well

Sales up 11% in the latest quarter vs a year ago
Profitable
Sales up 12% last year

Money moves

Insiders sold $3.2M in the last 30 days, all through pre-planned sales
Institutions added 0.7% to their holdings in the quarter ending June 2026 (439 bought, 377 sold)

Facts from SEC filings, not a recommendation.

What the price means

Price as of Oct 26

$219.92+3.2% that day

Company value: $39.3B; Share price times all shares
Price vs profit (P/E): 132.5x; You pay about $132 for each $1 of yearly profit
Price vs sales: 12.8x; Company value is 12.8 times a year of sales
Cash vs value: 2%; Cash as a share of company value

From OKTA's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.

The business over time

Last 12 quarters, from SEC filings

Sales, Jul '26

$805.0M+11% vs a year earlier

Oct '23Tap a barJul '26

Last 12 months: $3.1B, up 11% from the 12 months before. Over 5 years, sales grew about 28% a year.

What the price assumes

Your guesses, our math

Move the sliders to your own view of OKTA. Starting points are the company's recent numbers.

Sales growth+11% a yearRecently: +11% a yearProfit margin10%Last 12 months: 9.6%P/E at the end40xToday: 132.5x. Many steady companies trade at 12x to 25xShare count change+5% a yearBelow zero means buybacks; above zero means new shares (dilution)

Sales in 5 years$5.2B

Profit in 5 years$518M

Price these guesses point to$90.76-59% vs $219.92 todayAbout -16% a year, before dividends

What today's price needs: with a 10% margin and a 40x P/E, sales would have to grow about 32% a year for 5 years just to match today's price.

Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.

Price

Price chart by TradingView.

Business quality

The checklist Warren Buffett-style investors use. Annual numbers for 2025.

3/7Mixed

MissReturn on equity 15%+Earns a lot on the money owners have in the business.3.5%
PassDebt under half of equityNot relying on borrowed money.No debt reported
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.8.1%
MissProfitable every yearSteady profits, not one good year.2 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$875.0M
MissShare count not growingNot diluting owners. Falling means buybacks.+13.5% in 3 years
PassGross margin 40%+Pricing power: sells for well above what it costs to make.77.4%

Revenue: $2.9B; +11.8% vs prior year
5-year growth: +28.4%/yr; revenue, per year
Total debt: None; 0.00x equity
Current ratio: 1.43x; short-term assets / bills due

From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.

Latest quarter

Quarter ended Jul 31, 2026

Reported Aug 26

Revenue: $805.0M; +10.6% YoY
EPS: $0.65; vs $0.37
Op. margin: 13.3%; +7.7 pts
Gross margin: 79.6%; +2.7 pts
Free cash flow: $233.0M
Share count: -1.2%; vs a year ago

Insider rating

Last 90 days

44Mixed

Pre-planned sales of $3.2M (weaker signal)

50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.

Weekly insider trend

13 weeks agoBoughtSoldThis week

Filing buzz

Last 7 days vs normal

0/ 100

This week: 0
Normal week: 2.2
vs normal: 0.0x

SEC filings of any kind. 50 means a normal week.

Institutional ownership

Steady+0.7%

Institutions added 0.7% to their holdings. 439 bought, 377 sold. 2 quarters of net buying in a row.

Shares held by institutions158.8M

Sep '24Jun '26

Safety check

From SEC filings

Share count growthYearly rate, last 3 years

+3.2%

Cash runwayAt last year's cash burn

Cash flow positive

Debt to equityLatest balance sheet: debt compared with what owners have

No debt reported

Shares outstandingLatest reported

179M

Earnings reports

Last 12

Next reportAround Dec 1 (est.)Estimated from the same quarter last year

Results filedAug 26
Results filedMay 28
Results filedMar 4
Results filedDec 2, 2025
Results filedAug 26, 2025

Flags and big holders

Offerings 6 months, flags 12 months, holders 90 days

5%+ holder update (passive)Aug 7 · View filing ↗Big holder 5%+ holder update (passive)Aug 6 · View filing ↗Big holder

Insider trades

Open-market buys and sells, last 90 days

Bought$00 insiders

Sold$3.2M1 insider, 1 pre-planned

Insider	Trade	Shares	Avg price	Value	Owns after	Date
Shibu NinanChief Accounting Officer	Sell	15K	$217.80	$3.2M	11K	Oct 8Filing ↗
-57% of their holdings $216.35 to $220.00 across 4 trades Traded Oct 7 to Oct 8 Pre-planned sale (10b5-1) Filed 1 day after