Okta

Okta, Inc. is a prominent company specializing in Identity and Access Management (IAM) solutions, founded in 2009 by Todd McKinnon and Frederic Kerrest. Headquartered in San Francisco, California, Okta has established itself as a key player in the technology sector by providing cloud-based identity and access management services to organizations worldwide.

Known for its innovative approach, Okta delivers a comprehensive, independent identity platform that seamlessly integrates with a wide range of applications and services. This platform enables secure and scalable identity solutions for both workforce and customer identities, supporting over 19,000 organizations globally and generating an annual revenue projected at $2.9 billion for fiscal year 2026.

When Was Okta, Inc. Established?

Founded: 2009
Founders: Todd McKinnon, Frederic Kerrest
Headquarters: San Francisco, California, USA
Industry: Identity and Access Management (IAM)
Employees: 5,914
Annual Revenue: $2.9 billion (Fiscal Year 2026 projection)
Global Presence: Serving organizations worldwide

Okta, Inc. Mission Statement

"To enable organizations to securely connect the right people to the right technologies at the right time."

What Is Okta, Inc. Known For?

Okta is known for offering advanced, cloud-based identity and access management solutions that support secure connections across various platforms and applications.

Comprehensive Identity Platform

Okta provides a scalable and independent identity platform that integrates with thousands of applications, ensuring both workforce and customer identities are managed securely and efficiently.

Innovative Products and Services

Popular products include Single Sign-On (SSO), Adaptive Multi-Factor Authentication (MFA), and Lifecycle Management, which help organizations strengthen security protocols and streamline user access.

Customer Identity and Access Management (CIAM) through Auth0

Through its acquisition of Auth0, Okta offers CIAM solutions that enable businesses to manage customer identities with enhanced security and flexibility.

Okta, Inc.’s Business Model and Financial Performance

Okta operates on a subscription-based SaaS model, providing identity and access management solutions to enterprises of varying sizes globally. The company reported total revenue of $2.595 billion for fiscal year 2025, reflecting a 15% year-over-year growth. In the first quarter of fiscal year 2026, revenue reached $688 million, up 12% compared to the previous year.

The company continues to improve its profitability with GAAP operating income of $8 million in fiscal 2025, increasing to $39 million in fiscal 2026 Q1, alongside robust non-GAAP operating incomes of $168 million and $184 million respectively.

Global and Miami Presence

While headquartered in San Francisco, Okta serves organizations worldwide, including clients in Miami, Florida, supporting the local tech and security ecosystem through its identity management solutions.

Who Owns Okta, Inc.?

Okta, Inc. is a publicly traded company listed on the NASDAQ. Ownership is distributed among institutional investors, individual shareholders, and company insiders, reflecting broad market participation in its growth and innovation.

Is Okta, Inc. Currently Hiring?

Okta offers various career opportunities across engineering, sales, marketing, customer support, and more, emphasizing a diverse and inclusive workforce. You can explore current job openings at Okta on OysterLink.