About okta inc. - OKTA
Okta, Inc. engages in the provision of an identity management platform for enterprises. It operates through the United States and International geographical segments. The firm's products include single sign-on, multi-factor authentication, API access management, authentication, user management, and lifecycle management. The company was founded by Todd McKinnon and J. Frederic Kerrest in 2009 and is headquartered in San Francisco, CA.
OKTA At a Glance
Okta, Inc.
100 First Street
San Francisco, California 94105
| Phone | 1-888-722-7871 | Revenue | 2.26B | |
| Industry | Packaged Software | Net Income | -355,000,000.00 | |
| Sector | Technology Services | 2024 Sales Growth | 21.798% | |
| Fiscal Year-end | 01 / 2025 | Employees | 5,908 | |
| View SEC Filings |
OKTA Valuation
| P/E Current | N/A |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | N/A |
| Price to Sales Ratio | 5.976 |
| Price to Book Ratio | 2.346 |
| Price to Cash Flow Ratio | 26.415 |
| Enterprise Value to EBITDA | -34.951 |
| Enterprise Value to Sales | 5.576 |
| Total Debt to Enterprise Value | 0.103 |
OKTA Efficiency
| Revenue/Employee | 383,039.946 |
| Income Per Employee | -60,088.016 |
| Receivables Turnover | 3.908 |
| Total Asset Turnover | 0.247 |
OKTA Liquidity
| Current Ratio | 1.609 |
| Quick Ratio | 1.609 |
| Cash Ratio | 1.237 |
OKTA Profitability
| Gross Margin | 74.326 |
| Operating Margin | -20.327 |
| Pretax Margin | -14.892 |
| Net Margin | -15.687 |
| Return on Assets | -3.881 |
| Return on Equity | -6.253 |
| Return on Total Capital | -4.941 |
| Return on Invested Capital | -4.748 |
OKTA Capital Structure
| Total Debt to Total Equity | 22.028 |
| Total Debt to Total Capital | 18.051 |
| Total Debt to Total Assets | 14.429 |
| Long-Term Debt to Equity | 21.501 |
| Long-Term Debt to Total Capital | 17.62 |
Okta Inc. in the News
Snap to cut 10% of global workforce
Snap announced that it is cutting some global positions, making it the latest in a growing list of major technology companies to announce layoffs in 2024.
Identity and access management company Okta to slash 400 jobs
Okta on Thursday announced plans to cut its headcount by approximately 400 workers. That equates to about 7% of its workforce, according to the identity company.
Authentication firm Okta probes report of digital breach
Authentication services provider Okta Inc is investigating a report of a digital breach, the company said on Tuesday, after hackers posted screenshots showing what they claimed was its internal company environment.