Okta Posts 4Q Earnings, 2026 Outlook Beat

Dow Jones

Mar 04, 2025

By Katherine Hamilton

Okta swung to a profit in the fourth quarter, beating analysts' expectations with its most recent earnings and its outlook for the year ahead.

The identity and access management company posted a profit of $23 million, or 13 cents a share, in the three months ended Jan. 31, compared with a loss of $44 million, or 26 cents a share, a year earlier.

Stripping out certain one-time items, adjusted per-share earnings were 78 cents, ahead of the 74 cents forecast by analysts, according to FactSet.

Revenue rose 13% to $682 million. Analysts surveyed by FactSet forecast revenue of $668.9 million.

Remaining performance obligations, which represents subscription backlog, increased 25% from the prior year.

"In a rapidly evolving IT and security landscape, organizations are turning to Okta as their identity partner," Chief Executive Todd McKinnon said.

In the upcoming year 2026, the San Francisco company expects revenue to be $2.85 billion to $2.86 billion, ahead of the $2.79 billion analysts are estimating. Okta guided for adjusted earnings of $3.15 a share to $3.20 a share, also beating Wall Street's expected $2.93 a share.

Shares rose 14.7% to $100 in after-hours trading.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

March 03, 2025 16:37 ET (21:37 GMT)

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Analysts surveyed by FactSet forecast revenue of $668.9 million.Remaining performance obligations, which represents subscription backlog, increased 25% from the prior year.\"In a rapidly evolving IT and security landscape, organizations are turning to Okta as their identity partner,\" Chief Executive Todd McKinnon said.In the upcoming year 2026, the San Francisco company expects revenue to be $2.85 billion to $2.86 billion, ahead of the $2.79 billion analysts are estimati","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"OKTA":"Okta Inc."},"translate_title":"Okta公布2026年第四季度收益，超出预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"OKTA":0.9},"content_text":"By Katherine Hamilton \n\n\n  Okta swung to a profit in the fourth quarter, beating analysts' expectations with its most recent earnings and its outlook for the year ahead. \n\n\n  The identity and access management company posted a profit of $23 million, or 13 cents a share, in the three months ended Jan. 31, compared with a loss of $44 million, or 26 cents a share, a year earlier. \n\n\n  Stripping out certain one-time items, adjusted per-share earnings were 78 cents, ahead of the 74 cents forecast by analysts, according to FactSet. \n\n\n  Revenue rose 13% to $682 million. 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