Okta Inc
NASDAQ:OKTA

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Okta Inc
NASDAQ:OKTA
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Price: 75.45 USD 2.39% Market Closed
Market Cap: 12.8B USD
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Okta Inc
Revenue

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Okta Inc
Revenue Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Revenue CAGR 3Y CAGR 5Y CAGR 10Y
Okta Inc
NASDAQ:OKTA
Revenue
$2.5B
CAGR 3-Years
34%
CAGR 5-Years
38%
CAGR 10-Years
N/A
Cloudflare Inc
NYSE:NET
Revenue
$1.6B
CAGR 3-Years
39%
CAGR 5-Years
43%
CAGR 10-Years
N/A
GoDaddy Inc
NYSE:GDDY
Revenue
$4.5B
CAGR 3-Years
7%
CAGR 5-Years
9%
CAGR 10-Years
13%
Snowflake Inc.
NYSE:SNOW
Revenue
$2.8B
CAGR 3-Years
68%
CAGR 5-Years
96%
CAGR 10-Years
N/A
MongoDB Inc
NASDAQ:MDB
Revenue
$1.8B
CAGR 3-Years
37%
CAGR 5-Years
39%
CAGR 10-Years
N/A
Verisign Inc
NASDAQ:VRSN
Revenue
$1.5B
CAGR 3-Years
6%
CAGR 5-Years
5%
CAGR 10-Years
4%
No Stocks Found

Okta Inc
Revenue Breakdown

Breakdown by Geography
Okta Inc

Total Revenue: 2.3B USD
100%
United States: 1.8B USD
78.8%
International: 480m USD
21.2%

Breakdown by Segments
Okta Inc

Total Revenue: 2.3B USD
100%
Subscription: 2.2B USD
97.4%
Professional Services And Other: 58m USD
2.6%

Okta Inc
Glance View

Market Cap
12.8B USD
Industry
Technology

Okta Inc., a leader in identity and access management, empowers organizations to secure their digital environments through a cloud-based platform that simplifies how users authenticate and interact with applications. Founded in 2009, Okta has rapidly grown to become an integral technology partner for thousands of businesses, from startups to Fortune 500 companies, looking to enhance security while providing seamless user experiences. By enabling Single Sign-On (SSO) and adaptive multi-factor authentication, Okta not only protects sensitive data but also helps companies streamline their operations and reduce IT costs. Their innovative solutions resonate especially in an era of increased cybersecurity threats and remote work, setting the stage for future growth. For investors, Okta presents a compelling opportunity that reflects the broader transition toward cloud services and digital transformation. With a robust revenue growth trajectory, characterized by a significant increase in recurring subscription revenues, Okta continues to expand its market share through strategic partnerships and product iterations. The company’s recent forays into areas such as automation and enhanced user experience analytics position it favorably against competitors in the rapidly evolving cybersecurity landscape. As organizations prioritize security and user management, Okta's proven capabilities and expanding influence underscore its promise as a resilient player in the tech market, making it an attractive consideration for forward-looking investors.

OKTA Intrinsic Value
79.45 USD
Undervaluation 5%
Intrinsic Value
Price

See Also

What is Okta Inc's Revenue?
Revenue
2.5B USD

Based on the financial report for Jul 31, 2024, Okta Inc's Revenue amounts to 2.5B USD.

What is Okta Inc's Revenue growth rate?
Revenue CAGR 5Y
38%

Over the last year, the Revenue growth was 19%. The average annual Revenue growth rates for Okta Inc have been 34% over the past three years , 38% over the past five years .

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