# Okta, Inc. Class A Common Stock (OKTA) — Stock CV

Okta, Inc. is a $40.4B technology company. Revenue grew 11.2% over the last year, and it keeps 10¢ of every dollar of sales as profit. It trades at 137.1× earnings — in the most expensive third of its own history.

> Okta is a cloud-native security company specializing in identity and access management. The San Francisco-based firm went public in 2017 and serves two key client stakeholder groups: workforces and customers.

## Identity

- **Ticker**: OKTA
- **Sector**: Technology
- **Industry**: Services-Prepackaged Software
- **Headquarters**: SAN FRANCISCO, CA
- **Employees**: 6 366
- **Website**: https://www.okta.com
- **Market cap**: $40.4B
- **Last price**: $231.31
- **Financial profile**: Strained

## Vitals (TTM)

- **Revenue**: $3.07B
- **Net income**: $296M
- **Free cash flow**: $979M
- **P/E**: 137.1
- **Revenue growth (YoY)**: 11.2%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 10 |
| Growth | 50 |
| Profitability | 28 |
| Health | 18 |
| Quality | 78 |
| Moat | 35 |

## Qualifications (beginner checklist) — 6 of 10 passed

- [x] Revenue growing — +11.2% YoY
- [x] Profitable — $296M TTM
- [x] Profit growing — +739.3% YoY
- [x] Generates cash — $979M TTM
- [x] Debt under control — current ratio 1.53
- [x] Established company — $40.4B market cap
- [ ] Not printing shares — +21.1% shares over ~5y
- [ ] Proven track record — 2/9 profitable years
- [ ] Financially stable — health score 18/100
- [ ] Valuation not extreme — P/E 137.1

## Experience (career milestones)

- **FY2026** — Best year on record: $235M net income
- **FY2025** — Turned profitable: $28.0M net income after a loss year
- **FY2022** — Revenue crossed $1B: $1.30B for the year
- **FY2020** — Positive free cash flow every year since: 7-year streak

## Strengths

- High gross margin (78.1%)
- Revenue growing 11.2% year over year
- Strong cash conversion — FCF is 31.9% of revenue
- Piotroski F-Score 7/9 — fundamentally strong checklist

## Watch-outs

- Thin interest coverage (-9.3×)
- Loss-making in 7 of the recent years

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2022 | $1.30B | -$848M | $91.8M |
| FY2023 | $1.86B | -$815M | $74.0M |
| FY2024 | $2.26B | -$355M | $504M |
| FY2025 | $2.61B | $28.0M | $742M |
| FY2026 | $2.92B | $235M | $875M |

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Source: https://stockcv.com/OKTA — derived from company filings; may be delayed or incomplete. Information, not investment advice.