Okta Inc.
- Okta Inc. advanced 6.1% to $97.11 after the identity management company reported nearly a two-and-a-half-fold jump in earnings in the second quarter ending on July 31.
Consolidated revenue inched higher to $728 billion from $646 billion, net income climbed to $67 million from $29 million, and diluted earnings per share soared to 37 cents from 15 cents a year ago.
The company guided third-quarter revenue to range between $728 million and $730 million, non-GAAP operating income between $160 million and $162 million, and diluted earnings per share between $0.74 and $0.75.
For the full year fiscal 2026, the company expects total revenue to be between $2.87 billion and $2.88 billion, adjusted operating income between $730 million and $740 million, and adjusted diluted earnings per share between $3.33 and $3.38.
Okta added that the acquisition of Axiom Security will not impact any of the guidance metrics.
Aug 27, 2025
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