O

Okta

Secures digital identities for people and software

Overview

Company Historically Provides H-1B Sponsorship

Okta builds cloud identity software that controls how employees, customers, and automated systems access applications and company resources. Its single sign-on product lets people use one login across their work tools, while passwordless sign-in and additional identity checks protect accounts from stolen credentials. Administrators use its directory, access policies, and lifecycle tools to grant permissions when someone joins an organization and remove them when they leave. Organizations pay subscriptions based on the products they use and the identities they manage, with support included. Okta was founded in 2009 and is headquartered in San Francisco, California, United States.

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About Okta

Simplify's Rating
Why Okta is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Enterprise SoftwareCybersecurity

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

San Francisco, CA

Founded

2009

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Simplify's take

What believers are saying

  • Demand keeps expanding: August 2026 results put Q2 fiscal 2027 revenue at $805 million, up 11%.
  • Eligible US employees get retirement support: Okta matches 401(k) contributions up to $5,000 annually.
  • AI partnerships broaden its reach: September 2026 brought a security alliance with AWS, Google Cloud, and Salesforce.

What critics are saying

  • Microsoft pressures standalone identity sales: Okta names it the principal rival and warns larger competitors bundle products.
  • Services careers face a strategy shift: August 2026 guidance accelerated Okta's move of professional services to partners.
  • Trust remains a sales burden: March 2026 filings say earlier breaches harmed customer relationships and financial results.

What makes Okta unique

  • Okta spans mixed software estates: its vendor-neutral network lists over 8,000 ready-made integrations.
  • Enterprise deployments are established: Okta says two-thirds of Fortune 100 companies use its identity security.
  • Developer products retain their own brand: Okta owns Auth0 alongside its enterprise-focused Okta platform.

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Funding

Total Funding

$1.4B

Above

Industry Average

Funded Over

9 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison Coming Soon

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • 401(k) Retirement Plan
  • 401(k) Company Match
  • Paid Vacation
  • Paid Sick Leave
  • Paid Holidays
  • Flexible Work Hours
  • Remote Work Options
  • Parental Leave

Stock Price

Growth & Insights and Company News

6 month growth

0%

1 year growth

1%

2 year growth

-1%
Yahoo Finance
Nov 7th, 2026
Arista vs Okta: Arista's $9.0B revenue and cheaper P/E make it the better 2027 buy

A Motley Fool comparison of Arista Networks (NYSE:ANET) and Okta (NASDAQ:OKTA) favours Arista as the better long-term tech stock buy. Arista, which makes data centre networking hardware, posted revenue of about $9.0 billion in 2025, up 28.6%. Net income was roughly $3.5 billion, and free cash flow was about $4.3 billion. Analysts expect fiscal 2026 revenue to rise nearly 40% to $12.6 billion. Okta, an identity security provider, reported revenue of about $2.9 billion in the year ended January 31, 2026, up 11.8%. Net income was about $235 million. Analysts expect revenue of $3.2 billion this fiscal year. The author says Arista's lower forward price-to-earnings ratio (37.1x against 43.6x) and faster sales growth make it the stronger pick.

SourceSecurity.com
Nov 6th, 2026
Cellebrite appoints Rogerio Rizzi to lead corporate strategy.

Cellebrite appoints Rogerio Rizzi to lead corporate strategy. 6 Nov 2026 Quick Read Summary is AI-generated, newsdesk-reviewed * Cellebrite appoints former Okta strategist Rogerio Rizzi as executive vice-president of Corporate Strategy and Development. * Rizzi brings 20 years' AI and technology strategy experience, having helped Okta reach $3bn ARR. * He will build Cellebrite's strategy and development capabilities to support its ambitious growth plans. Cellebrite has appointed Rogerio Rizzi as executive vice president of Corporate Strategy and Development. He joins the digital investigations company from Okta, where he established its Corporate Strategy team. At Cellebrite, he will lead the development of the company's strategy and development capabilities. An engineer by training, Rizzi has more than 20 years' experience working across technology and strategy. At Okta, he led growth strategy for six years, helping chart a route to $3 billion in annual recurring revenue (ARR). He also developed a decision framework to align the company's functions around its growth plan. Strategy experience across technology businesses. "Rogerio and I worked together at Okta, and I have seen firsthand how he develops a growth strategy and a decision framework that accelerates growth and moves a leadership team forward in alignment," said Cellebrite CEO Shiv Ramji. "He is bringing that same rigor, along with deep experience in AI, technology and M&A, to Cellebrite. We are charting an ambitious growth path together to better serve our customers." Rizzi also linked his interest in the company's work to his upbringing in Brazil Before Okta, Rizzi led Corporate Strategy at SAP SE, overseeing platform consolidation and setting strategy for its cloud, platform and emerging technology businesses, including AI and machine learning. He previously served as vice president of corporate strategy at Hewlett Packard Enterprise, advising the CEO, Executive Committee and Board of Directors. Earlier in his career, he spent 10 years as a partner at strategy consultancy Monitor Group, where he co-led its Chicago and São Paulo offices. Technology and public safety. "I'm thrilled to join Cellebrite and help Shiv and the team lead with a targeted, bold strategy that amplifies our value to all key stakeholders and accelerates our growth," said Rizzi. "Cellebrite leads its space with real trust and credibility, and the demand is clear and growing everywhere." Rizzi also linked his interest in the company's work to his upbringing in Brazil. "I grew up in Brazil, where safety on the streets is a serious concern. The fastest way I see to address those problems is through access to effective technology. The faster we deploy our solutions, the safer the world becomes." Rizzi began studying electrical engineering at 16 and worked on microchip design and neural networks during the 1990s. He holds an MBA from the Kellogg School of Management and a degree in electrical engineering from the University of São Paulo.

Yahoo Finance
Nov 5th, 2026
ETFs dump $360.6M of Okta stock in one day as index funds sell out

ETFs sold a net $360.6 million of Okta shares on November 3, a sharp reversal from small, mixed moves over the previous four trading days. Thirty-one funds bought and 11 sold, but the sales were far larger in dollar terms. Large index funds drove the outflow. IJH sold $1.13 billion, IJK $189.7 million, and SPMD $171.9 million, and each ended with no shares held. The previous sessions saw net buying of $2.2 million on November 2 and $6.3 million on October 29, and net selling of $1.1 million on October 30 and $6.6 million on October 28. Okta, a San Francisco identity and access management company, has a market cap of $33.4 billion. Its shares are up 120.94% year to date.

Okta
Nov 4th, 2026
From goals to growth: inside the new Okta Customer Success Hub.

From goals to growth: inside the new Okta Customer Success Hub. 04 November 2026 Topics. Okta Platform, Phishing Resistance, Okta FastPass, Threat Intelligence Table of contents. Executive summary. The Okta Customer Success Hub is a centralized management portal integrated into the Okta Support Center that gives IT administrators and security leaders real-time telemetry on deployment progress, an Identity Maturity Scorecard, phishing-resistant authenticator adoption tracking, and automated, contextual configuration playbooks. For security leaders and admins, getting the most out of your identity technology requires continuous visibility, proactive security optimization, and rapid access to the right resources to execute effectively. Enter the new Okta Customer Success Hub - a centralized portal to track identity maturity progress, optimize configuration, and access tailored guidance on demand. What key metrics can admins track in the Okta Customer Success Hub? Beyond access to regular snapshots, the Customer Success Hub brings your environment to life with continuous telemetry for real-time tracking at any point in your deployment: * Identity Maturity Scorecard: Track your organization's stage-by-stage progress across the Okta Identity Maturity Model with a clear breakdown of completed milestones and remaining posture gaps. * Phishing-resistant authenticator trends: Monitor usage trends across your authenticators, such as Okta FastPass and FIDO WebAuthn, to help strengthen your workforce's resilience against phishing attacks. * License and feature utilization: Gain round-the-clock visibility into active usage metrics across your Okta suite, including Lifecycle Management, Workflows, and threat detection data. How does the Customer Success Hub guide identity maturity and configuration? Every organization's security goals are unique, and your guidance should match your current state. The Customer Success Hub replaces generic documentation with a contextual engine tailored to your environment: * Personalized security roadmaps: The Success Hub analyzes your live telemetry and business objectives to highlight your next best action - whether you are optimizing advanced Okta Workflows or just beginning your automation journey. * Interactive goal tracker and Identity Maturity Checklist: Co-manage your deployment milestones right inside the Success Hub. Create to-do items, set target dates, assign team owners, and check off recommended security best practices as your deployment evolves. How do security teams access Okta support, training, and expertise? Whether you prefer self-guided learning or tailored assistance, the Success Hub provides a centralized path to resources right when you need them: * Intelligent self-service: Find relevant documentation and best-practice guides curated specifically for your active product stack. * Tailored learning and events: Explore relevant Okta Learning courses, earn skill badges to validate expertise, and browse upcoming webinars directly from your dashboard. * Direct account team visibility: Easily view your account team details right on the Home tab. Gold Premier Success Plan customers can also unlock direct access to specialized experts for personalized business and technical guidance at any stage. Put your identity insights to work. The Customer Success Hub bridges the gap between executive strategy and hands-on execution - it delivers the high-level clarity needed for strategic alignment alongside the day-to-day tools required to continuously strengthen your identity posture. Explore your Customer Success Hub today. The Customer Success Hub is now live for all Okta Workforce Identity customers, offering a centralized experience tailored to your organization's identity journey. To access your dashboard: * Log in to the Okta Support Center * Select Resources in the primary navigation * Click Customer Success Hub to launch your personalized dashboard These materials are intended for general informational purposes only and are not intended to be legal, privacy, security, compliance, or business advice. Any features or services that are on the roadmap or available in beta, Early Access or similar non-Generally Available release status may not be developed, released or made generally available, or may have different features, functionalities, technologies, configurations, and/or documentation at the time of release, if any. (C) 2026 Okta, Inc. and/or its affiliates.

Yahoo Finance
Nov 3rd, 2026
Okta to join S&P 500 on November 4, replacing Kenvue after 116% rally this year

Okta will join the S&P 500 Index before the market opens on November 4, S&P Dow Jones Indices said. The identity management and cybersecurity company replaces Kenvue, which is leaving the index after Kimberly-Clark's proposed $40 billion acquisition of it. Okta's shares have risen 116% so far in 2026, against a 10.5% gain for the S&P 500. Funds that track the index will now need to buy the stock. The company has a market capitalisation of about $32.32 billion. In its fiscal 2027 second quarter, revenue rose 11% year-on-year to $805 million, beating analysts' estimate of $792.8 million. Adjusted diluted earnings per share were $1.05. Okta expects third-quarter revenue of $813 million to $817 million.

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