Okta, Inc.OKTA
NASDAQ • Technology
$79.06
P/E
59.00
PEG
0.34
FCF Yield
—
Rev Growth YoY
+11.6% YoY
Gross Margin
77.9%
Health Score
8/10
D/E Ratio
0.06
Confidence
—
Business Snapshot
Okta is a software infrastructure company providing identity and access management solutions, primarily cloud-based. It operates in the competitive identity security market, with TTM revenue of $2.92 billion. A defining characteristic is its expansion into AI-driven security for identity platforms, as highlighted in recent news. The company is a leading independent identity provider with a strong recurring revenue base.
Financial Health
Gross margin of 77.9% is strong and slightly improved from 77.1% the prior year, while net margin stands at 8.1%, indicating profitability after years of losses. Debt-to-equity of 0.06x reflects a conservative balance sheet with minimal leverage, and the current ratio of 1.36x suggests adequate short-term liquidity...