Okta (OKTA) Q4 2026 earnings
Todd McKinnon, chief executive officer of Okta Inc., during a Bloomberg Television interview on Friday, April 11, 2025, in London, United Kingdom.
Chris J. Ratcliffe | Bloomberg | Getty Images
okta At the top of Wall Street fourth quarter predictions after the bell on Wednesday as the identity management provider leveraged demand to secure AI agents.
Shares rose 3%.
The company’s performance according to LSEG forecasts is as follows:
- Earnings per share: 90 cents corrected, 85 cents expected
- Revenues: 761 million dollars, while the expectation was 749 million dollars
Revenues for the period were up 11% from a year ago. The company reported net income of $63 million, or 35 cents per share, compared to $23 million, or 13 cents, a year ago.
Okta’s first-quarter guidance fell short of analyst expectations. The company expects revenue to range between $749 million and $753 million and adjusted earnings to range between 84 cents and 86 cents per share. Analysts predicted revenue of $755 million and EPS of 87 cents.
Management cited market conditions as a factor in its “cautious approach” to its forecasts. The company used the same statement in its financial outlook last quarter.
Okta said it benefits from the proliferation of spies and the security needs that accompany it.
At the same time, cybersecurity has come under pressure due to the proliferation of new artificial intelligence tools. The sector sold out last month after a new security tool from Anthropic triggered widespread market panic. Okta’s shares are down 17% so far this year.
CEO Todd McKinnon told CNBC that agency AI and vendor-built solutions are a huge opportunity and reiterated his confidence in Okta’s ability to win the growing identity market.
“You have to have confidence and a reputation that you can deliver it safely,” he said. “You have earned a reputation as part of the security infrastructure over many years.”
The company’s remaining performance liabilities, which are accumulated subscriptions, increased 15% from the previous year to $4.83 billion. This also beat StreetAccount’s estimate of $4.62 billion.
Okta estimates revenue for the full year will be between $3.17 billion and $3.19 billion, compared to analysts’ forecast of $3.17 billion.
