Okta, Inc. reports results for the quarter ended July 31 - Earnings Summary

Okta

26/08/2026 22:43

Okta, Inc. OKTA.OQ reported quarterly adjusted earnings of $1.05​​ per share for the quarter ended July 31, higher than the same quarter last year, when the company reported EPS of 91 cents.  The mean expectation of forty three analysts for the quarter was for earnings of 97 cents per share. Wall Street expected results to range from 94 cents to $1.07 per share.
Revenue rose 10.6% to $805.00 million from a year ago; analysts expected $795.04 million. 
Okta, Inc.'s reported EPS for the quarter was 65 cents​.
The company reported quarterly net income of $116 million.
Okta, Inc. shares had fallen by 4.3% this quarter and gained 51.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 1.2% in the last three months.​ 
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 37 "strong buy" or "buy," 8 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is also "buy" 
Wall Street's median 12-month price target for Okta, Inc. is $148.36, about 12% above its last closing price of $130.61
This summary was machine generated from LSEG data August 26 at 09:43 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jul. 31 2026 
0.97
1.05
Beat
Apr. 30 2026 
0.85
0.91
Beat
Jan. 31 2026 
0.85
0.90
Beat
Oct. 31 2025 
0.76
0.82
Beat