Core Insights - Okta Inc reported a strong performance for Q3 fiscal 2026, exceeding both revenue and earnings expectations [1][2] Financial Performance - Q3 revenue reached $742 million, surpassing analyst estimates of $730.36 million [2] - Adjusted earnings for the third quarter were 82 cents per share, exceeding expectations of 76 cents per share [2] - Total revenue increased by 12% year-over-year, with subscription revenue rising by 11% [3] - Remaining performance obligations at the end of the quarter totaled $4.29 billion, reflecting a 17% year-over-year increase [3] - Net cash provided by operations was $218 million, up from $159 million in the same quarter last year [3] - Free cash flow for Q3 was $211 million, an increase from $154 million year-over-year [3] Cash Position and Outlook - Okta ended the quarter with approximately $2.46 billion in cash, cash equivalents, and short-term investments [4] - The company expects Q4 revenue to be between $748 million and $750 million, compared to estimates of $737.92 million [4] - Projected Q4 adjusted earnings are between 84 to 85 cents per share, aligning with estimates of 84 cents per share [4] - Full-year revenue guidance has been raised to between $2.906 billion and $2.908 billion, compared to previous estimates of approximately $2.89 billion [5] - Full-year earnings guidance is now expected to be between $3.43 and $3.44 per share, up from estimates of $3.37 per share [5] Market Reaction - Following the earnings report, Okta shares fell by 4.31% in after-hours trading, priced at $78.34 [6]

Cybersecurity company Okta forecast fourth-quarter revenue above Wall Street estimates on Tuesday, betting on growing demand for its identity and access management solutions. ...

Exhibit 99.1 Okta Announces Third Quarter Fiscal Year 2026 Financial Results SAN FRANCISCO – December 2, 2025 – Okta, Inc. (Nasdaq: OKTA), the leading independent identity partner, today announced financial results for its third quarter ended October 31, 2025. "We delivered another quarter of solid results highlighted by continued strength with large customers, adoption of new products like Okta Identity Governance, and strong cash flow," said Todd McKinnon, Chief Executive Officer and co- founder of Okta. ...

Okta on Tuesday topped Wall Street third-quarter estimates and issued an upbeat outlook as customers adopt identity management solutions. Shares of the identity management provider fell slightly in after-hours trading on Tuesday.Here's how the company did versus LSEG estimates:Earnings per share: 82 cents adjusted vs. 76 cents expectedRevenue: $742 million vs. $730 million expectedRevenues increased almost 12% from $665 million in the year-ago period. Net income nearly tripled to $43 million from $16 millio ...

to market on close. Octto will be in focus after the bell as it will report its earnings for the third quarter. Expectations are for adjusted EPS of 75 cents on revenue of $730 million.It's been a roller coaster year for Octa. It hit a 52- week high back in May. Shares have fallen 36% since then.Oppenheimer believes that it exited the quarter with steady demand and sees a positively biased riskreward as they head into earnings. Now, it's time for Options Corner. Of course, our focus in advance of this repor ...

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. The content in this article is for informational, educational, and entertainment purposes only. This c ...

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. The content in this article is for informational, educational, and entertainment purposes only. This c ...

German carmaker BMW aims to cut its CO2 equivalent emissions by at least 60 million metric tons by 2035 from 2019 levels, it said on Tuesday, setting new mid-term goals within the longer-term target o... ...

Okta, Inc. (NASDAQ:OKTA) will release earnings results for the third quarter after the closing bell on Tuesday, Dec. 2.Analysts expect the Santa Clara, California-based company to report quarterly earnings at 76 cents per share, up from 67 cents per share in the year-ago period. The consensus estimate for Okta's quarterly revenue is $730.44 million, compared to $665 million a year earlier, according to data from Benzinga Pro.On Aug. 26, Okta reported second-quarter revenue of $728 million, beating analyst e ...

Okta, Inc. (NASDAQ:OKTA) will release earnings results for the third quarter after the closing bell on Tuesday, Dec. 2.Analysts expect the Santa Clara, California-based company to report quarterly earnings at 76 cents per share, up from 67 cents per share in the year-ago period. The consensus estimate for Okta's quarterly revenue is $730.44 million, compared to $665 million a year earlier, according to data from Benzinga Pro.On Aug. 26, Okta reported second-quarter revenue of $728 million, beating analyst e ...