OKTA's $4.08B backlog and rising demand for identity security highlight strong enterprise momentum despite stiff competition.
Okta, Inc. (NASDAQ:OKTA ) BMO 2025 Virtual Software Conference June 10, 2025 11:30 AM ET Company Participants Brett Tighe - Chief Financial Officer Conference Call Participants Keith Frances Bachman - BMO Capital Markets Equity Research Keith Frances Bachman All right. Good morning, good afternoon, everybody.
Okta is a leader in cloud identity and access management, serving over 200K customers with a unified security platform. The surge in AI agents and non-human identities (NHIs) creates a massive new market, where Okta's expertise offers a key competitive edge. Despite being fairly valued now, Okta's growth potential is strong as NHIs and AI drive a much larger addressable market.
27 May 2025 Date | | 0.77 Cons. EPS | 0.86 EPS |
3 Mar 2025 Date | | 0.74 Cons. EPS | 0.78 EPS |
26 Feb 2025 Date | | - Cons. EPS | - EPS |
3 Dec 2024 Date | | 0.58 Cons. EPS | 0.67 EPS |
27 Nov 2024 Date | | 0.58 Cons. EPS | - EPS |
27 May 2025 Date | | 0.77 Cons. EPS | 0.86 EPS |
3 Mar 2025 Date | | 0.74 Cons. EPS | 0.78 EPS |
26 Feb 2025 Date | | - Cons. EPS | - EPS |
3 Dec 2024 Date | | 0.58 Cons. EPS | 0.67 EPS |
27 Nov 2024 Date | | 0.58 Cons. EPS | - EPS |
Software - Infrastructure Industry | Technology Sector | Mr. Todd McKinnon CEO | LSE Exchange | US6792951054 ISIN |
US Country | 5,914 Employees | - Last Dividend | - Last Split | 7 Apr 2017 IPO Date |
Okta, Inc. is establishing itself as a critical identity partner both across the United States and internationally. With a focus on managing and securing identities, Okta delivers a comprehensive suite of products and services designed for a modern, interconnected world. Initially known as Saasure, Inc., the company underwent rebranding to better represent its offerings and mission. Since its inception in 2009 and headquartered in San Francisco, California, Okta has pioneered identity solutions addressing various needs — from single sign-on capabilities to sophisticated identity governance. Their market approach combines direct sales with strategic channel partnerships, ensuring their solutions reach a broad audience needing secure and efficient identity management.