Okta Posts Strong Fiscal 2026 Results With Higher Profitability
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The latest update is out from Okta ( (OKTA) ).
On March 4, 2026, Okta reported fourth-quarter and full-year fiscal 2026 results showing moderate top-line growth and stronger profitability, with Q4 revenue up 11% year-over-year to $761 million and full-year revenue up 12% to $2.919 billion. The company turned a GAAP operating loss into a $149 million operating profit for the year, expanded non-GAAP operating margins to 26%, and generated $884 million in operating cash flow, underscoring improved efficiency even as Q4 cash flow margins eased versus a year earlier.
Remaining performance obligations rose 15% to $4.827 billion, signaling healthy demand, while management highlighted accelerating adoption of new products and growing interest in securing AI agents as key drivers. Okta also reiterated that it uses its investor relations and blog websites as primary channels for material disclosures, reinforcing its engagement with investors and its positioning as a critical security partner in the evolving AI-driven software landscape.
The most recent analyst rating on (OKTA) stock is a Hold with a $76.00 price target. To see the full list of analyst forecasts on Okta stock, see the OKTA Stock Forecast page.
Spark’s Take on OKTA Stock
According to Spark, TipRanks’ AI Analyst, OKTA is a Neutral.
OKTA’s score is driven by solid underlying financial quality (strong gross margins, strong cash generation, and low leverage) and a constructive earnings outlook with improved margin/FCF guidance. Offsetting these strengths are weak technicals (price below major moving averages with bearish trend signals) and a high P/E with no dividend support.
To see Spark’s full report on OKTA stock, click here.
More about Okta
Okta, Inc., listed on Nasdaq as OKTA, operates as an independent identity and access management provider, offering a unified identity platform for enterprises across public and private sectors. Its products secure digital identities for both human users and AI agents, positioning the company as a neutral partner for organizations adopting advanced software and AI technologies.
Average Trading Volume: 2,828,546
Technical Sentiment Signal: Sell
Current Market Cap: $12.85B
Find detailed analytics on OKTA stock on TipRanks’ Stock Analysis page.
