Form 8-K · Current Report · Filed 2026-08-26
Okta Reports Strong Q2 FY27 Financial Results and Outlook
Okta, Inc. announced its financial results for the second quarter of fiscal 2027, reporting total revenue of $805 million, an 11% increase year-over-year. Subscription revenue grew 12% to $793 million. The company's remaining performance obligations (RPO) increased by 17% year-over-year, with current RPO up 14%. GAAP operating income was $107 million, and non-GAAP operating income was $226 million. GAAP net income was $116 million, and non-GAAP net income was $194 million. Okta also provided its financial outlook for the third quarter and full fiscal year 2027, expecting total revenue growth of 10% year-over-year and non-GAAP operating margins of 24% to 25% for Q3 and 26% for the full year.
- Filer
- Okta Inc. OKTA · NASDAQ
- Filed
- Accession
- 0001660134-26-000068
- CIK
- 0001660134
- Signal
- Medium impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Reported Item
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$130.61
Since filing
+0.0%
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$130.61
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About Okta Inc.
Okta Inc. is a leading provider of identity and access management solutions, enabling organizations to securely connect the right people to the right technologies at the right time. Founded in 2009, Okta serves a wide range of industries including healthcare, financial services, technology, and government, providing seamless and secure interactions between users and their increasingly complex IT environments. One of Okta's core offerings is its cloud-based platform, which helps manage and secure user authentication and access across applications, integrating with numerous enterprise systems and services. The platform's versatility supports single sign-on, multi-factor authentication, and API security, enhancing productivity and security simultaneously. Based in San Francisco, California, Okta plays a significant role in the growing cybersecurity and tech ecosystem by addressing the critical need for robust identity management solutions in a digitally evolving world. Its innovative products and services meet the demands of digital transformation, offering organizations the ability to optimize workforce efficiency while ensuring rigorous security measures.
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