Okta
Okta is a publicly traded identity and access management platform providing workforce, customer (Auth0), privileged, and AI agent identity security for global enterprises, government, and regulated industries, generating $2.9B in FY2026 revenue.
- Company typePublic
- Founded2009
- HeadquartersSan Francisco, United States
- Headcount5,001–10,000
- GTM typeB2B
- OfferingSoftware
What Okta does
Okta, Inc. (NASDAQ: OKTA) is a publicly traded identity and access management company headquartered in San Francisco, founded in 2009 by Todd McKinnon. The company operates an "identity security fabric" that unifies workforce identity, customer identity (via the Auth0 platform acquired in 2021 for $6.5 billion), privileged access, identity governance, and emerging AI agent identity within a single platform. Core technical components include Universal Directory, Single Sign-On, Adaptive MFA, Lifecycle Management, Identity Governance (FedRAMP High authorized), Privileged Access (strengthened by the 2025 Axiom Security acquisition), Identity Threat Protection, and the Cross App Access (XAA) protocol built on OAuth and Model Context Protocol for AI agent-to-app governance. In April 2026, Okta launched "Okta for AI Agents," treating autonomous AI agents as first-class identities, and subsequently integrated with AWS Bedrock AgentCore, Google Cloud Gemini Enterprise Agent Platform, Salesforce Agentforce, ServiceNow, Workday, and Microsoft Entra ID.
Okta generates revenue primarily through subscription contracts, with subscription revenue representing 98% of total ($750M of $765M in Q1 FY2027), supplemented by professional services and emerging usage-based AI agent revenue. Q1 FY2027 total revenue was $765 million (11% YoY growth), FY2026 full-year revenue was $2.919 billion, and FY2027 guidance was raised to $3.185-3.205 billion. Approximately 85% of annual contract value comes from large enterprise customers, served via direct field sales across 15+ countries, supplemented by a 30-day free trial for product-led growth and a channel partner network. The customer base spans Fortune-grade enterprises across healthcare (Takeda, Siemens), financial services (Adyen, OFX, HDI, Generali), manufacturing (Hitachi), hospitality (Wyndham, Booking.com, McLaren), logistics (FedEx), retail (Sephora), and government/public sector. Named Leader in the 2025 Gartner Magic Quadrant for Access Management and the 2026 Forrester Wave for Workforce Identity Security Platforms.
The company's 2026 strategic pivot to AI agent identity represents its most significant positioning shift since the Auth0 acquisition, supported by flagship partnerships with Google Cloud, AWS, Cisco, NVIDIA, OpenAI, and Anthropic. Net revenue retention of 107% (Q1 FY2027) and operating income of $153M (FY2026, up from a $63M loss in FY2025) indicate the company is converting its enterprise identity base into a durable, profitable platform while expanding into the agentic AI governance layer. Okta trades at approximately $20.51B market capitalization as of June 2026.
Okta firmographics
Firmographics- Name
- Okta
- Legal name
- Okta, Inc.
- Website
- https://okta.com
- Company type
- Public
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Okta is a publicly traded identity and access management platform providing workforce, customer (Auth0), privileged, and AI agent identity security for global enterprises, government, and regulated industries, generating $2.9B in FY2026 revenue.
- Ownership category
- akta.pro rank
Okta industry classification
Industry- Product category
- Identity and Access Management
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Software Publishers (5132)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Single Sign-On (SSO) & Federation (SAML/OIDC, Identity Providers) (HDAEAJAB)
- akta.pro secondary industries
- Identity Verification, Proofing & KYC (IDV) (HDAEAJAI), Cloud Identity & Access Management Infrastructure (IAM/IdP/MFA) (HDABAHAF), Responsible AI, Security & Privacy Platforms (Safety, Guardrails, PII) (HDAEANAG)
Keywords
Where Okta is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices15 records
Markets served
Okta business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Subscription Revenue (Workforce and Customer Identity): Primary revenue model based on recurring subscription contracts. Q1 FY2027 subscription revenue reached $750 million out of $765 million total revenue, representing 98% of total revenue.
- Professional Services: Includes Success Plans, Professional Services, Product Training, and Product Certification as ancillary revenue offerings.
- Usage-based AI Agent Revenue (emerging): AI agent products (Okta for AI Agents, Auth0 for AI Agents) generate deals approximately 40% larger than average, with potential fiscal 2028-2029 consumption-based revenue impact as enterprises deploy agentic AI.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Free trial available for product exploration |
| Subscription | Annual | Quote-based enterprise pricing |
| Other | Pay-as-you-go | Oktane Standard conference pass - $699 (early bird), $899 after July 30 |
| Other | Pay-as-you-go | Oktane Plus conference pass - $1,299 (early bird), $1,599 after July 30 |
| Freemium | Pay-as-you-go | Oktane Digital - Free |
Go-to-market motion5 records
Distribution channels5 records
Marketing channels11 records
Okta product offering
Product offeringCore offering
Okta provides an identity security fabric that secures all types of identities—employees, customers, partners, and AI agents—across enterprise IT environments. The platform unifies workforce identity (Okta), customer identity (Auth0), and AI agent identity (Okta for AI Agents / Auth0 for AI Agents) through capabilities including Single Sign-On, Adaptive MFA, Lifecycle Management, Identity Governance, Privileged Access, Identity Threat Protection, and the Cross App Access (XAA) protocol. It is delivered primarily as a cloud subscription to Fortune 100/Global 2000 enterprises, public sector agencies, and regulated industries.
Differentiator
Problem solved
Functional benefit
Brands
- Auth0: Customer identity and access management (CIAM) platform for enterprise-grade customer identity experiences.
- Okta for AI Agents
- Auth0 for AI Agents
- Okta Integration Network
Products and services
- Okta Workforce Identity
Quantifiable outcome
- 40% larger deal sizes with AI agent products (~$3.9B revenue projected by 2029)
- +6 more outcomes
Companies that use Okta
Customer profileNamed customers37 records
Segments13 records
Ideal customer profiles4 records
Okta technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration16 records
AI capability4 records
Feature8 records
Okta partnerships and signals
Strategic signalPartnerships
27 partnerships are on record, tiered core, flagship and minor.
- CanvacoreIntegration with Cross App Access (XAA) for AI agent-to-app access controls. Wiring XAA into Canva's AI products for unified identity and access policy management.
- AtlassiancoreIntegration with Cross App Access (XAA) framework. Atlassian wiring XAA into its AI products for AI agent-to-app connections.
- CloudflarecoreCross App Access (XAA) early adopter. Also integrated via Anthropic's Claude Enterprise security compliance API.
- DatadogcoreCross App Access (XAA) early adopter spanning developer and observability tools.
- Google CloudflagshipStrategic partnership integrating identity security across Google Cloud's Gemini Enterprise Agent Platform and Chrome Enterprise. Integrations include Auth0 for AI Agents connecting to Google Cloud Agent Runtime (Token Vault, human-in-the-loop workflows, Fine-Grained Authorisation), plus Chrome Enterprise Universal Enrollment through Okta Integration Network and Device Bound Session Credentials.
- Amazon Web Services (AWS)flagshipIntegration with Amazon Bedrock AgentCore via Okta for AI Agents, allowing organizations to manage AI agent identity and governance across AWS ecosystems.
- OpenAI DaybreakcoreLaunch partner in OpenAI's Daybreak Cyber Partner Program alongside Accenture, Cisco, CrowdStrike, IBM, Palo Alto Networks, and Wiz.
- iOCO Automation & Cybersecurity ClusterminorOkta reseller in South Africa raising concerns about unchecked AI agent deployment across organizations.
- Databricks (Automatic Identity Management)coreDatabricks Automatic Identity Management Public Preview for Okta, alongside Microsoft Entra ID GA, to address frictionless security for AI adoption in regulated industries.
- SailPointcoreSailPoint identified by Morgan Stanley as a top identity stock alongside Okta; also integrated via AWS Security Hub and Databricks Unity AI Gateway.
- AnthropicflagshipOkta is a featured identity provider powering secure AI agent connections for Anthropic's Claude Enterprise via Cross App Access (XAA). Member of Anthropic's Project Glasswing for AI-based vulnerability detection. First supported identity provider for MCP's Enterprise-Managed Authorization (EMA) standard implementing Cross App Access.
- DatabrickscorePartner in Databricks' Unity AI Gateway partner ecosystem alongside 13 other vendors. Also integrated via Databricks Automatic Identity Management for Okta (Public Preview). Enables AI governance extensions across models, agents, MCP servers, and AI tools.
- Anthropic Project GlasswingcoreOkta is a partner in Anthropic's Project Glasswing, which extends access to the Mythos cybersecurity AI model to ~150 organizations across 15+ countries. Okta is among the vetted security partners.
- PEXAminorCustomer deployment: PEXA extended its use of Okta's identity and access management from workforce IAM to customer-facing access, consolidating its IAM under a single provider.
- WorkdaycoreIntegration with Workday's Sana agent system of record and Workday platform. Workday's Sana agents built on identity and authorization controls align with Okta identity management.
- Amazon Web Services Security HubcoreOkta is among third-party cybersecurity partners integrated into AWS Security Hub, alongside 7AI, Britive, CrowdStrike, Cyera, Island, Noma, Oligo, Opti, Proofpoint, SailPoint, Splunk, Upwind, and Zscaler.
- CrowdStrikecoreCo-integration in Anthropic's 28 Claude Enterprise Compliance API integrations. Also a partner in OpenAI Daybreak Cyber Partner Program. Co-presented at security events.
- Palo Alto NetworksflagshipStrategic partnership serving nearly 2,000 joint customers. Also integrated via Anthropic's Claude Enterprise Compliance API and Okta-PANW expanded partnership.
- CiscoflagshipCo-development partnership on EnterpriseClaw, an enterprise AI agent platform with Automation Anywhere, Cisco, NVIDIA, OpenAI, and Okta. Cisco contributes Cisco AI Defense for security and oversight of autonomous AI agents across enterprise cloud, desktop, and on-premises environments.
- NVIDIAflagshipCo-development partnership on EnterpriseClaw, providing NVIDIA OpenShell runtime and Nemotron models for AI agent execution. Strategic integration with NVIDIA for agentic AI security.
- OpenAIflagshipCo-development partnership on EnterpriseClaw, integrating OpenAI's GPT-5.5 models for enterprise AI agent workflow execution. Also member of OpenAI Daybreak Cyber Partner Program.
- Automation AnywhereflagshipLead partner on EnterpriseClaw enterprise AI agent platform, integrating Process Reasoning Engine and Contextual Intelligence Graph with Cisco, NVIDIA, Okta, and OpenAI technologies. Okta provides cross-agent identity management and authentication controls.
- Microsoft Entra IDcoreOkta for AI Agents expanded to support non-Okta identity providers including Microsoft Entra ID and Ping Identity for workforce identity management, enabling vendor-neutral AI agent governance.
- Palo Alto Networks (Joint Customers)flagshipOkta's expanded partnership with Palo Alto Networks serves nearly 2,000 joint customers.
- Axiom SecuritycoreAcquired in 2025 to strengthen Okta's privileged access management capabilities, referenced in Forrester Wave recognition.
- Spera SecuritycoreAcquired Israeli cybersecurity firm Spera for approximately $100-130 million in December 2023, marking Okta's first acquisition in Israel. Technology acquired for identity threat prevention and response.
- ArengucoreAcquired Spanish (Galicia) company Arengu for an estimated 10 to 20 million euros to strengthen Okta's presence in Spain. Arengu's software services and founding team integrated into Okta; Spanish startup ceased activity by June 30, 2023.
Scale indicators13 records
Recent moves17 records
Expansion highlights6 records
Okta competitors and assessment
Company assessmentDirect peers
- BeyondTrust: Privileged access management and identity security vendor competing with Okta's privileged access and identity threat protection capabilities in the enterprise and federal markets.
- OneLogin (One Identity / Quest): Cloud-based identity and access management platform under One Identity, competing with Okta in workforce SSO, MFA, and directory services for mid-market and enterprise.
- Microsoft Entra ID (Azure AD): Microsoft's cloud-native identity and access management service, bundled with Azure and Microsoft 365. It is Okta's largest direct competitor in workforce identity and increasingly in customer and AI agent identity.
- Ping Identity: Independent identity provider offering workforce and customer identity solutions with strong enterprise and regulated-industry presence. Now owned by Thoma Bravo and a direct competitor across Okta's core IAM portfolio.
- CyberArk: Leader in privileged access management (PAM) and identity security, directly competing with Okta's Privileged Access (built via Axiom Security) and Identity Security Posture Management offerings.
- SailPoint: Identity governance and administration (IGA) vendor that competes directly with Okta Identity Governance, particularly in regulated industries and large enterprise compliance programs.
- JumpCloud: Cloud directory platform offering SSO, MFA, and device management primarily to mid-market and SMB customers — competing with Okta's workforce identity offerings in the smaller end of the market.
- Duo Security (Cisco): Cisco-owned MFA and zero-trust security provider overlapping with Okta's Adaptive MFA and workforce identity offerings, particularly in Cisco-centric enterprise environments.
Broad incumbents
- Google Cloud Identity / Workforce Identity: Google's cloud-native identity offering bundled with Workspace and Google Cloud, overlapping with Okta's workforce identity use cases and increasingly integrated into Gemini Enterprise agent flows.
- AWS IAM Identity Center (formerly AWS SSO): AWS-native identity and access management for cloud workloads, positioned as the default IdP for AWS-centric enterprises and now extended to Bedrock AgentCore AI agents — a structural alternative to Okta in cloud-native shops.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
Okta social profiles
Digital presenceOkta financial estimates
Financial estimateRevenue estimate
Valuation estimate
Okta leadership team
Management profileNumber of profiles
Profiles7 records
Okta subsidiaries and ownership
Company hierarchySubsidiaries3 records
Okta funding detail
Funding detailFunding overview
Funding rounds9 records
Investors12 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Okta M&A and investment
M&A and investmentM&A11 records
Investments3 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Okta
What does Okta do?
Okta provides an identity security fabric that secures all types of identities—employees, customers, partners, and AI agents—across enterprise IT environments. The platform unifies workforce identity (Okta), customer identity (Auth0), and AI agent identity (Okta for AI Agents / Auth0 for AI Agents) through capabilities including Single Sign-On, Adaptive MFA, Lifecycle Management, Identity Governance, Privileged Access, Identity Threat Protection, and the Cross App Access (XAA) protocol. It is delivered primarily as a cloud subscription to Fortune 100/Global 2000 enterprises, public sector agencies, and regulated industries.
Is Okta a public or private company?
Okta is a public company. It is classified as public and is currently operating.
When was Okta founded?
Okta was founded in 2009. It employs 5,001 to 10,000 people.
Where is Okta based?
Okta is headquartered in San Francisco, United States, in the North America region.
How does Okta make money?
Three revenue lines are on record. Subscription Revenue (Workforce and Customer Identity) is the primary driver. The others are professional Services and usage-based AI Agent Revenue (emerging).
Who are Okta's main competitors?
Direct peers on record are BeyondTrust, OneLogin (One Identity / Quest), Microsoft Entra ID (Azure AD), Ping Identity, CyberArk, SailPoint, JumpCloud and Duo Security (Cisco). Broad incumbents are Google Cloud Identity / Workforce Identity and AWS IAM Identity Center (formerly AWS SSO).
Does Okta have an API?
Yes. Okta provides a public developer platform (developer.okta.com) with REST APIs and SDKs for the Okta Platform, plus the Auth0 Platform APIs (developer.auth0.com) for customer identity. Use cases include workforce SSO, user and group management, MFA, API access management, lifecycle management, and identity governance. Auth0 launched an MCP (Model Context Protocol) authentication product that reached general availability in May 2026, enabling developers to secure how AI agents interact with APIs and MCP servers. Additional Auth0 Platform features include Actions, Passwordless, Multifactor Authentication, and Highly Regulated Identity. Developer documentation is at developer.okta.com.
What industry is Okta in?
Okta's product category is Identity and Access Management. Its primary akta.pro industry code is HDAEAJAB, Single Sign-On (SSO) & Federation (SAML/OIDC, Identity Providers), with a secondary code of HDAEAJAI, Identity Verification, Proofing & KYC (IDV). Its NAICS code is 5182 and its SIC code is 7372.