Okta Inc
NASDAQ:OKTA

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Okta Inc
NASDAQ:OKTA
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Price: 76.8 USD 1.79%
Market Cap: 13B USD
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Gross Margin
Okta Inc

75.8%
Current
72%
Average
46.7%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
75.8%
=
Gross Profit
1.9B
/
Revenue
2.5B

Gross Margin Across Competitors

Country Company Market Cap Gross
Margin
US
Okta Inc
NASDAQ:OKTA
12.8B USD
76%
CA
Shopify Inc
NYSE:SHOP
137.5B USD
51%
US
Snowflake Inc.
NYSE:SNOW
57.8B USD
68%
US
Cloudflare Inc
NYSE:NET
35.4B USD
78%
US
GoDaddy Inc
NYSE:GDDY
27B USD
64%
US
MongoDB Inc
NASDAQ:MDB
24.5B USD
74%
US
Verisign Inc
NASDAQ:VRSN
17.7B USD
88%
US
Twilio Inc
NYSE:TWLO
15.9B USD
51%
US
Akamai Technologies Inc
NASDAQ:AKAM
13.7B USD
60%
IL
Wix.Com Ltd
NASDAQ:WIX
12B USD
68%
US
Switch Inc
F:821
7.7B EUR
38%
Country US
Market Cap 12.8B USD
Gross Margin
76%
Country CA
Market Cap 137.5B USD
Gross Margin
51%
Country US
Market Cap 57.8B USD
Gross Margin
68%
Country US
Market Cap 35.4B USD
Gross Margin
78%
Country US
Market Cap 27B USD
Gross Margin
64%
Country US
Market Cap 24.5B USD
Gross Margin
74%
Country US
Market Cap 17.7B USD
Gross Margin
88%
Country US
Market Cap 15.9B USD
Gross Margin
51%
Country US
Market Cap 13.7B USD
Gross Margin
60%
Country IL
Market Cap 12B USD
Gross Margin
68%
Country US
Market Cap 7.7B EUR
Gross Margin
38%
No Stocks Found

Okta Inc
Glance View

Market Cap
13B 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 3%
Intrinsic Value
Price

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
75.8%
=
Gross Profit
1.9B
/
Revenue
2.5B
What is the Gross Margin of Okta Inc?

Based on Okta Inc's most recent financial statements, the company has Gross Margin of 75.8%.