Jul 2026 (Q2 FY27) — Aug 26, 2026
Okta Q2 FY27 — Strong Core Performance and Early AI Agent Momentum
Read the full callOkta earnings: last reported Wed, 26 Aug 2026, for the quarter ended Jul 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 805 | +10.6% YoY | Quarterly, as filed | Quarter to Jul 2026 | Revenue from operations as filed. |
| Operating margin | 13.3 | +7.7 pts YoY | Operating profit / revenue | Quarter to Jul 2026 | For the quarter; a change is in percentage points. |
| Net profit | 116 | +73.1% YoY | Quarterly, as filed | Quarter to Jul 2026 | Profit after tax as filed. |
Price
1Y: $87.43 on 17 Oct 2025 → $189.93. High $232.13 (9 Oct 2026), low $62.93 (10 Apr 2026).
Overview
Call summaries
Okta Q2 FY27 — Strong Core Performance and Early AI Agent Momentum
Read the full callOkta Q1 FY27 — Strong Start Driven by Enterprise Strength and AI Opportunity
Read the full callEvery analysed call
Financials
Net profit, year on year: +73% (quarter to jul 2026 against jul 2025).
| Line item | Oct 2024 | Jan 2025 | Apr 2025 | Jul 2025 | Oct 2025 | Jan 2026 | Apr 2026 | Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 665 | 682 | 688 | 728 | 742 | 761 | 765 | 805 |
| Operating profit | -16 | 8 | 39 | 41 | 23 | 46 | 56 | 107 |
| Operating margin | −2.4% | 1.2% | 5.7% | 5.6% | 3.1% | 6.0% | 7.3% | 13.3% |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
| Profit before tax | 25 | 31 | 68 | 67 | 50 | 70 | 78 | 126 |
| Tax rate | 36.0% | 25.8% | 8.8% | 0.0% | 14.0% | 10.0% | 5.1% | 7.9% |
| Net profit | 16 | 23 | 62 | 67 | 43 | 63 | 74 | 116 |
| EPS ($ per share) | 0.09 | — | 0.36 | 0.38 | 0.24 | — | 0.42 | 0.67 |
| Line item | Jan 2019 | Jan 2020 | Jan 2021 | Jan 2022 | Jan 2023 | Jan 2024 | Jan 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|
| Reserves | -492 | -701 | -967 | -1,816 | -2,475 | -2,830 | -2,802 | -2,567 |
| Total liabilities | 732 | 1,550 | 2,605 | 3,284 | 3,841 | 3,101 | 3,032 | 2,711 |
| Fixed assets | 53 | 54 | 63 | 65 | 59 | 48 | 43 | 38 |
| Investments | 265 | 883 | 2,122 | 2,242 | 2,316 | 1,868 | 2,114 | 1,695 |
| Total assets | 984 | 1,955 | 3,299 | 9,206 | 9,307 | 8,989 | 9,437 | 9,710 |
| Line item | Jan 2019 | Jan 2020 | Jan 2021 | Jan 2022 | Jan 2023 | Jan 2024 | Jan 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 15 | 56 | 128 | 104 | 86 | 512 | 750 | 884 |
| Cash from investing | -197 | -688 | -1,305 | -367 | -130 | 441 | -314 | 271 |
| Cash from financing | 358 | 853 | 1,092 | 89 | 48 | -883 | -359 | -720 |
| Net cash flow | 175 | 221 | -83 | -176 | -2 | 71 | 73 | 449 |
| Capital expenditure | -20 | -15 | -13 | -13 | -12 | -8 | -8 | -9 |
| Free cash flow | -5 | 40 | 115 | 91 | 74 | 504 | 742 | 875 |
| Segment | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | Q3 FY2026 | Q4 FY2026 | Q1 FY2027 | Q2 FY2027 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Subscription and Circulation | 98% | 98% | 98% | 98% | 98% | 98% | 98% | 99% | +11.5% |
| Technology Service | 2% | 2% | 2% | 2% | 2% | 2% | 2% | 1% | -29.4% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
| KPI | Apr 2026 Q1 FY27 | Jul 2026 Q2 FY27 | Change vs prior quarter |
|---|---|---|---|
| Customers | 20K+Over the past 17 years, we've built the most modern and comprehensive identity platform, which is now the identity system of record trusted by more than 20,000 customers.Source: earnings call transcript | 20K+Our distribution advantage comes from the reach and trust we built as the identity system of record for more than 20,000 customers.Source: earnings call transcript | — |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
305 filings between Nov 11, 2025 and Oct 8, 2026.
Purchases
$267.4K
2 purchases by 1 insider
Sales
$58.17M
86 sales by 7 insiders
100% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Also filed: 6 conversions, 4 gifts.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| McKinnon Todd | — | $21.49M | Sep 22, 2026 |
| Tighe Brett | — | $21.45M | Sep 2, 2026 |
| Schwartz Larissa | — | $5.35M | Jun 22, 2026 |
| Kelleher Eric Robert | — | $4.57M | Sep 18, 2026 |
| Ninan Shibu | — | $3.30M | Oct 8, 2026 |
| Addison Jonathan James | — | $1.81M | Mar 25, 2026 |
| Schellhase David | $267.4K | — | Apr 16, 2026 |
| ARCHAMBEAU SHELLYE L | — | $212.5K | May 18, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Oct 8, 2026 | Ninan Shibu Chief Accounting Officer | Sale 10b5-1 plan | 2,002 | $440.4K |
| Oct 7, 2026 | Ninan Shibu Chief Accounting Officer | Sale 10b5-1 plan | 7,875 | $1.71M |
| Oct 7, 2026 | Ninan Shibu Chief Accounting Officer | Sale 10b5-1 plan | 2,700 | $584.2K |
| Oct 7, 2026 | Ninan Shibu Chief Accounting Officer | Sale 10b5-1 plan | 2,100 | $458.2K |
| Sep 22, 2026 | McKinnon Todd Chief Executive Officer | Sale 10b5-1 plan | 2,101 | $408.1K |
| Sep 22, 2026 | McKinnon Todd Chief Executive Officer | Sale 10b5-1 plan | 5,337 | $1.02M |
| Sep 22, 2026 | McKinnon Todd Chief Executive Officer | Sale 10b5-1 plan | 6,961 | $1.32M |
| Sep 22, 2026 | McKinnon Todd Chief Executive Officer | Sale 10b5-1 plan | 3,194 | $624.3K |
| Sep 22, 2026 | McKinnon Todd Chief Executive Officer | Sale 10b5-1 plan | 3,970 | $757.5K |
| Sep 22, 2026 | McKinnon Todd Chief Executive Officer | Sale 10b5-1 plan | 1,847 | $365.3K |
| Sep 22, 2026 | McKinnon Todd Chief Executive Officer | Sale 10b5-1 plan | 4,793 | $906.1K |
| Sep 22, 2026 | McKinnon Todd Chief Executive Officer | Sale 10b5-1 plan | 4,558 | $879.1K |
| Sep 22, 2026 | McKinnon Todd Chief Executive Officer | Sale 10b5-1 plan | 6,065 | $1.20M |
| Sep 22, 2026 | McKinnon Todd Chief Executive Officer | Sale 10b5-1 plan | 9,996 | $1.96M |
| Sep 18, 2026 | Kelleher Eric Robert See Remarks | Sale 10b5-1 plan | 3,244 | $594.8K |
| Sep 18, 2026 | Kelleher Eric Robert See Remarks | Sale 10b5-1 plan | 100 | $18.9K |
| Sep 18, 2026 | Kelleher Eric Robert See Remarks | Sale 10b5-1 plan | 956 | $176.2K |
| Sep 18, 2026 | Kelleher Eric Robert See Remarks | Sale 10b5-1 plan | 300 | $56.0K |
| Sep 18, 2026 | Kelleher Eric Robert See Remarks | Sale 10b5-1 plan | 1,495 | $272.4K |
| Sep 18, 2026 | Kelleher Eric Robert See Remarks | Sale 10b5-1 plan | 300 | $55.7K |
| Sep 15, 2026 | Addison Jonathan James Chief Revenue Officer | Option exercise | 3,080 | $0 |
| Sep 15, 2026 | Addison Jonathan James Chief Revenue Officer | Option exercise | 1,453 | $0 |
| Sep 15, 2026 | Addison Jonathan James Chief Revenue Officer | Tax withheld | 1,568 | $0 |
| Sep 15, 2026 | Ninan Shibu Chief Accounting Officer | Tax withheld | 575 | $0 |
| Sep 15, 2026 | Addison Jonathan James Chief Revenue Officer | Option exercise | 3,591 | $0 |
| Sep 15, 2026 | Addison Jonathan James Chief Revenue Officer | Tax withheld | 1,920 | $0 |
| Sep 15, 2026 | Ninan Shibu Chief Accounting Officer | Option exercise | 836 | $0 |
| Sep 15, 2026 | Ninan Shibu Chief Accounting Officer | Option exercise | 1,129 | $0 |
| Sep 15, 2026 | Addison Jonathan James Chief Revenue Officer | Option exercise | 4,619 | $0 |
| Sep 15, 2026 | Addison Jonathan James Chief Revenue Officer | Tax withheld | 768 | $0 |
| Sep 15, 2026 | Kelleher Eric Robert See Remarks | Option exercise | 5,280 | $0 |
| Sep 15, 2026 | Ninan Shibu Chief Accounting Officer | Tax withheld | 1,118 | $0 |
| Sep 15, 2026 | Kelleher Eric Robert See Remarks | Tax withheld | 2,687 | $0 |
| Sep 15, 2026 | Ninan Shibu Chief Accounting Officer | Option exercise | 484 | $0 |
| Sep 15, 2026 | Tighe Brett Chief Financial Officer | Option exercise | 3,873 | $0 |
| Sep 15, 2026 | Tighe Brett Chief Financial Officer | Tax withheld | 1,386 | $0 |
| Sep 15, 2026 | Kelleher Eric Robert See Remarks | Option exercise | 6,158 | $0 |
| Sep 15, 2026 | McKinnon Todd Chief Executive Officer | Option exercise | 7,392 | $0 |
| Sep 15, 2026 | McKinnon Todd Chief Executive Officer | Tax withheld | 3,762 | $0 |
| Sep 15, 2026 | Kelleher Eric Robert See Remarks | Option exercise | 4,841 | $0 |
| Sep 15, 2026 | Tighe Brett Chief Financial Officer | Option exercise | 3,520 | $0 |
| Sep 15, 2026 | Tighe Brett Chief Financial Officer | Tax withheld | 1,525 | $0 |
| Sep 15, 2026 | McKinnon Todd Chief Executive Officer | Option exercise | 8,622 | $0 |
| Sep 15, 2026 | Tighe Brett Chief Financial Officer | Option exercise | 4,619 | $0 |
| Sep 15, 2026 | Ninan Shibu Chief Accounting Officer | Option exercise | 2,196 | $0 |
| Sep 15, 2026 | Tighe Brett Chief Financial Officer | Tax withheld | 1,818 | $0 |
| Sep 15, 2026 | Ninan Shibu Chief Accounting Officer | Tax withheld | 247 | $0 |
| Sep 15, 2026 | Kelleher Eric Robert See Remarks | Tax withheld | 2,464 | $0 |
| Sep 15, 2026 | Ninan Shibu Chief Accounting Officer | Tax withheld | 426 | $0 |
| Sep 15, 2026 | McKinnon Todd Chief Executive Officer | Option exercise | 5,035 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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