Okta, Inc. (OKTA) Net Income
The annual net income for Okta, Inc. (OKTA) is $235.00 Million with a year-over-year change of +739.29%. Net income represents the company's bottom line profit after all expenses, taxes, and interest.
Annual Net Income (TTM)
$235.00M
$235.00 Million
Year-over-Year Change
+739.29%
vs. $28.00M prior year
Net Income CAGR
+90.08%
1 Year compound annual growth rate
Net Income CAGR (Compound Annual Growth Rate)
1 Year
+90.08%
3 Year
N/A
5 Year
N/A
10 Year
N/A
15 Year
N/A
20 Year
N/A
CAGR shows the annualized growth rate over the specified period, smoothing out year-to-year volatility.
Annual Net Income History
| Year | Net Income | YoY Change | % Change |
|---|---|---|---|
| 2026 | $235.00M | +$207.00M | +739.29% |
| 2025 | $28.00M | +$383.00M | — |
| 2024 | ($355.00M) | +$460.00M | — |
| 2023 | ($815.00M) | +$33.00M | — |
| 2022 | ($848.00M) | ($582.00M) | — |
| 2021 | ($266.00M) | ($57.09M) | — |
| 2020 | ($208.91M) | ($83.42M) | — |
| 2019 | ($125.50M) | ($15.65M) | — |
| 2018 | ($109.85M) | ($34.79M) | — |
| 2017 | ($75.06M) | +$1.25M | — |
Net Income Growth Summary
TTM Growth
+90.08%
3-Year Avg Growth
+125.91%
5-Year Avg Growth
+163.90%
About Okta, Inc.
Okta, Inc. delivers comprehensive identity management solutions tailored for a diverse clientele, including large corporations, small and medium-sized businesses, educational institutions, charitable organizations, and governmental bodies, operating both within the United States and globally. The company's flagship offering is the Okta Identity Cloud, a robust platform featuring a suite of integrated products and services. These include a Universal Directory, a cloud-based system designed to securely store and manage user, application, and device profiles; Single Sign-On (SSO), enabling seamless access to cloud-based or on-premises applications from multiple devices; and Adaptive Multi-Factor Authentication, which adds an extra layer of security for various applications and data. Further components encompass Lifecycle Management for overseeing a user's digital identity journey, API Access Management for securing interfaces, an Access Gateway to extend cloud capabilities to on-premises applications, and Advanced Server Access for safeguarding cloud infrastructure. Additionally, Okta incorporates Auth0's product portfolio. This includes Universal Login for consistent user authentication experiences across different apps and devices; Attack Protection, a suite of features to counter malicious online activity; Adaptive Multi-Factor Authentication, providing strong security with minimal user inconvenience; and Passwordless authentication, allowing users to log in through diverse methods without traditional passwords. Other Auth0 offerings are Machine to Machine (M2M) authentication and authorization built on industry standards; Private Cloud, for deploying dedicated Auth0 instances; and Organizations, providing independent configurations, login flows, and security settings for different groups. Okta further provides comprehensive customer assistance, educational programs, and specialized professional services. The company distributes its offerings directly via its sales teams and through a network of channel partners. Originally established as Saasure, Inc. in 2009, Okta, Inc. maintains its corporate headquarters in San Francisco, California.
- Sector
- Technology
- Industry
- Software - Infrastructure
- CEO
- Todd McKinnon