Highest-materiality recent filing
Okta stockholders approve amendment to 2017 Equity Incentive Plan at annual meeting
Stockholders approved removal of plan termination date, evergreen provision, and liberal share recycling.
Okta Q1 FY2027 rev $765M (+11% YoY); GAAP net income $74M; free cash flow $271M
GAAP diluted EPS $0.42 vs $0.35 YoY; non-GAAP diluted EPS $0.91 vs $0.86.
Okta CLO Larissa Schwartz to depart July 31, 2026; will remain senior advisor through Jan 2027
Schwartz will step down as Chief Legal Officer and Corporate Secretary effective July 31, 2026.
Director Jeff Epstein to resign from Okta board at 2026 annual meeting
Jeff Epstein informed Okta he will resign from the Board effective at the 2026 annual meeting on June 18, 2026.
Okta director Michael Stankey resigns from board
Michael Stankey resigned from the board of Okta on March 5, 2026.
Okta Q4 FY2026 revenue up 11% to $761M, GAAP net income $63M, non-GAAP EPS $0.90
Q4 subscription revenue $747M (+11% YoY); RPO $4.827B (+15%), cRPO $2.513B (+12%).
Okta announces $1B share repurchase program, cites undervaluation
Board authorized up to $1 billion in Class A common stock repurchases, effective immediately.
Okta appoints Rob Bernshteyn and Paul Sagan to board, Maggie Wilderotter resigns
Board expanded to 11 directors; Bernshteyn and Sagan appointed as independent directors effective Dec 19, 2025.
Okta Q3 FY2026: Revenue $742M (+12% YoY); GAAP net income $43M; Non-GAAP EPS $0.82
Subscription revenue $724M (+11% YoY); RPO $4.292B (+17%); cRPO $2.328B (+13%).
Okta Q2 FY2026 revenue $728M (+13% YoY), GAAP EPS $0.37, litigation settlement prelim approved
Revenue $728M (+13% YoY), subscription revenue $711M (+12%); cRPO $2.265B (+13%).
Okta expands board from 8 to 10; appoints David Schellhase and Maggie Wilderotter
Okta expands board from 8 to 10; appoints David Schellhase (independent) and Mary Agnes Wilderotter (non-independent) effective Aug 13, 2025.
Director Benjamin Horowitz resigns from Okta board; annual meeting votes approve proposals
Benjamin Horowitz resigned as director effective June 24, 2025; not due to disagreement; board size reduced from 9 to 8.
Okta Q1 FY26 revenue $688M (+12% YoY), GAAP net income $62M vs loss year ago
Revenue $688M (+12% YoY); subscription revenue $673M (+12%).
Okta Q4 FY25: revenue $682M (+13% YoY); record operating cash flow $286M
Q4 total revenue of $682M (+13% YoY); subscription revenue $670M (+13% YoY).
Okta names Eric Kelleher COO; President Eugenio Pace retiring end of March 2025
Eric Kelleher appointed President and COO effective Feb 1, 2025; previously President Customer Experience & Communication.
Reaffirms Q4 and FY2025 financial guidance as provided on Dec 3, 2024; results to be reported March 3, 2025.
Okta Q3 FY2025 revenue $665M (+14% YoY); turns GAAP net profitable $16M vs loss $81M
Revenue $665M (+14% YoY); subscription revenue $651M (+14%). cRPO $2.062B (+13%), RPO $3.659B (+19%).
Okta Q2 FY2025 revenue $646M (+16% YoY); first GAAP profitable quarter with net income $29M
Revenue $646M (+16% YoY), subscription revenue $632M (+17%)
Okta appoints Anthony Bates to board; adopts bylaw amendments; annual meeting results
Anthony Bates, Chairman and CEO of Genesys Cloud Services, appointed to Okta board as Class III director effective June 21, 2024.
Okta Q1 FY25 revenue $617M (+19% YoY); non-GAAP op income $133M (22% margin)
Revenue $617M (+19% YoY); subscription revenue $603M (+20% YoY).
Okta Q4 revenue $605M (+19% YoY); record non-GAAP profit and cash flow
Q4 total revenue $605M (+19% YoY), subscription revenue $591M (+20% YoY).
Okta announces workforce reduction of ~400 employees (7%) and $24M restructuring charge
Reducing workforce by ~400 full-time employees, or ~7% of total.
Okta discloses wider data exposure in Oct breach; Q3 revenue $584M (+21% YoY)
Security incident update: threat actor downloaded all customer support users' names and emails, excluding FedRamp/DoD; Okta warns of increased phishing risk.
Okta Q2 FY2024 revenue $556M (+23% YoY); co-founder COO not returning from sabbatical
Revenue $556M (+23% YoY); subscription $542M (+24%); cRPO $1.77B (+18%).
Shellye Archambeau, Robert L. Dixon Jr., and Benjamin Horowitz elected Class III directors with >148M votes each.
Okta Q1 FY24 revenue $518M (+25%); record FCF $124M; non-GAAP EPS $0.22
Revenue $518M (+25% YoY), subscription $503M (+26%); cRPO $1.70B (+20%).
Director Patrick Grady to not stand for re-election at Okta 2023 Annual Meeting
On April 25, 2023, Patrick Grady informed Okta he will not stand for re-election to the Board.
Q4 revenue $510M (+33% YoY); subscription revenue $495M (+34% YoY).
Okta cuts 300 jobs (5% workforce), expects $15M restructuring charge in Q4 FY23
Workforce reduction of ~300 employees (5% of global staff) announced Feb 2, 2023.
Okta Q3 revenue up 37% to $481M; President Susan St. Ledger to retire Jan 2023
Revenue $481M (+37% YoY); subscription revenue $466M (+38%).
Okta Q2 revenue $452M (+43% YoY); COO Kerrest on sabbatical Nov 2022–Oct 2023
Revenue $452M (+43% YoY); subscription revenue $435M (+44% YoY).
Okta appoints Coinbase President & COO Emilie Choi to board of directors
Appointment effective August 19, 2022; board expanded to ten members.
Okta appoints Shibu Ninan as Chief Accounting Officer effective August 15, 2022
Shibu Ninan named CAO; base salary $380,000, bonus target 45%, RSUs valued at $3.5 million.
Okta shareholders elect directors, ratify EY, approve say-on-pay at annual meeting
Three Class II directors elected: Epstein 120.1M for, 54.5M withheld; Kerrest 155.7M for, 18.9M withheld; Saeger 138.4M for, 36.2M withheld.
Okta Q1 FY2023 revenue $415M (+65%); GAAP net loss widens to $1.56/share
Revenue $415M (+65% YoY); subscription revenue $398M (+66%); Okta standalone growth 39% excluding $66M Auth0.
Michelle Wilson will not stand for re-election to Okta board to focus on family
Michelle Wilson informed Okta on April 27, 2022, she will not seek re-election at the 2022 Annual Meeting.
Okta concludes investigation into Jan 2022 vendor compromise; impact far less than initially feared
Threat actor controlled a single third-party vendor workstation for 25 minutes on Jan 21, 2022.
Okta reports cyber breach via third-party vendor affecting 366 customers (2.5% of tenants)
Cybercrime group accessed third-party vendor's environment used for Okta customer support; 5-day window Jan 16-21, 2022.
Okta Q4 revenue up 63% to $383M, GAAP operating loss widens to $214M
Q4 revenue $383M (+63% YoY), subscription revenue $369M (+64%).
Okta appoints Brett Tighe as permanent CFO; targets $4B revenue by FY2026
Brett Tighe, interim CFO since June 1, 2021, appointed permanent CFO effective Jan 28, 2022.
Okta Q3 FY2022 revenue $351M (+61% YoY); raises FY2022 guidance
Total revenue $351M (+61% YoY), subscription $337M (+63% YoY); Okta standalone (ex-Auth0) grew 40%.
On February 10, 2025, Okta, Inc. (the “Company”) announced that Eric Kelleher, age 53, became the Company’s President and Chief Operating Officer (“COO”) on February 1, 2025.
On June 20, 2024, the Board of Directors (the “Board”) of Okta, Inc. (the “Company”), upon the recommendation of the Board’s Nominating and Corporate Governance Committee, expanded the size of the Board to ten directors and appointed Anthony Bates to the Board as a Class III director, effective June 21, 2024.
On August 24, 2023, J. Frederic Kerrest, the Company’s Executive Vice Chairman, Chief Operating Officer and Co-founder, notified the Company that he will not return as an employee from his current sabbatical, which ends on October 31, 2023.
On April 25, 2023, Patrick Grady informed Okta, Inc. (the “Company”) that he will not stand for re-election to the Board of Directors of the Company (the “Board”) at the Company’s 2023 Annual Meeting of Stockholders (the “Annual Meeting”).
On March 1, 2023, the Company announced that Jonathan Runyan is retiring from the role of General Counsel and Corporate Secretary effective as of March 3, 2023
The Company also announced that Larissa Schwartz, age 51, will succeed Mr. Runyan and become the Company’s new Chief Legal Officer and Corporate Secretary on March 3, 2023
Susan St. Ledger, President, Worldwide Field Operations, intends to retire from her position with the Company effective as of January 31, 2023
expanded the size of the Board to ten members and appointed Emilie Choi to the Board as a Class I director.
Christopher Kramer will cease serving in the capacity of principal accounting officer of the Company upon the effective date of Mr. Ninan’s appointment and will assume a role on the Company’s Financial Planning & Analysis team.
On July 18, 2022, Okta, Inc. (the “ Company ”) announced that Shibu Ninan was appointed to the position of Chief Accounting Officer effective August 15, 2022.
On April 27, 2022, Michelle Wilson informed Okta, Inc. (the “Company”) that she will not stand for re-election to the Board of Directors of the Company (the “Board”) at the Company’s 2022 Annual Meeting of Stockholders (the “Annual Meeting”) to focus more time on her family.
On January 28, 2022, Okta, Inc. (the “ Company ”) announced that Brett Tighe, age 42, who had been serving as the Company’s Chief Financial Officer on an interim basis since June 1, 2021, was appointed as the Company’s permanent Chief Financial Officer effective January 28, 2022.
Max materiality 0.85 · Median 0.70 · Most common event earnings