Key Takeaways PANW Q3 revenue rose 15.7% but faces headwinds from shorter contracts and cloud transition slowdowns. OKTA Q1 revenue climbed 12% with EPS up 32%, boosted by AI-led identity security demand. Consensus points to steady PANW growth but faster profit gains for OKTA in fiscal 2026.Palo Alto Networks (PANW) and Okta (OKTA) are both U.S.-based cybersecurity companies that specialize in protecting enterprises from evolving digital threats. While PANW focuses broadly on next-gen firewalls, cloud sec ...

Core Insights - Okta (OKTA) is experiencing strong growth driven by its innovative product offerings, particularly among large-cap clients including Global 2000 companies and government agencies [1][2][3] Group 1: Customer Growth and Adoption - Okta's customer base with annual contract values exceeding $1 million grew by 20% year-over-year, indicating robust enterprise adoption [2][8] - Significant demand is noted from critical sectors such as energy, telecom, and insurance, with clients seeking solutions for employee identity security and API protection [2] - The public sector is contributing to this growth, with four of Okta's top ten deals in Q1 fiscal 2026 coming from U.S. government entities utilizing FedRAMP-compliant solutions [3][8] Group 2: Product Innovations - In response to complex client needs, Okta has launched new solutions including Identity Governance (OIG), Identity Threat Protection (ITP), and Privileged Access (OPA) [2][8] - The Customer Identity Cloud (Auth0) is gaining traction, with notable implementations by a Global 2000 energy company and a major tech reseller switching from Microsoft to Auth0 for enhanced scalability [4] Group 3: Competitive Landscape - CyberArk Software is a key competitor, known for its comprehensive identity security platform and strong margins, bolstered by recent acquisitions [5] - SailPoint is another competitor, recognized for its Identity Governance & Administration capabilities and extensive partner ecosystem, offering low-code/no-code workflows and AI-driven access recommendations [6] Group 4: Financial Performance and Estimates - Okta's shares have appreciated by 26.1% year-to-date, outperforming the Zacks Security industry's return of 20.2% [7] - The Zacks Consensus Estimate for Okta's 2026 revenues is $2.86 billion, reflecting a year-over-year growth of 9.44%, with earnings expected to reach $3.28 per share, indicating a growth of 16.73% from fiscal 2025 [10]

Key Takeaways CRWD's Falcon platform drives SaaS growth, but churn and profitability are pressured post-2024 outage. OKTA ended Q1 FY26 with $4.08B in RPO and 4,870 $100K customers, up 7% YoY. Zacks estimates show CRWD earnings down 10.94%, while OKTA earnings are set to grow 16.73% in FY26.CrowdStrike (CRWD) and Okta (OKTA) are both major players in the field of cybersecurity. While CrowdStrike specializes in endpoint protection and extended detection and response (“XDR”), offering AI-native cloud securi ...

Key Takeaways OKTA's subscription backlog rose 21% to $4.08B. $2.23B in current RPO boosts 12-month revenue visibility. Demand for OKTA's identity tools, like Privileged Access and Okta AI, drives strong enterprise adoption. Despite macro headwinds and rivals like MSFT and CYBR, OKTA projects up to 11% current RPO growth in Q2.Okta’s (OKTA) Remaining Performance Obligations (RPO) or subscription backlog surged to $4.084 billion in the first quarter of fiscal 2026, marking a 21% year-over-year increase. Mo ...

CHONGQING, CHINA - MAY 25: In this photo illustration, the logo of Okta, Inc. is displayed on a ... More smartphone screen, with the latest stock market chart of the company in the background, reflecting investor sentiment and recent trading activity, on May 25, 2025, in Chongqing, China. (Photo Illustration by Cheng Xin/Getty Images)Getty ImagesCybersecurity firm Okta (NASDAQ: OKTA), a frontrunner in identity and access management, has experienced a stock decrease of around 10% in the last month, even afte ...

CyberArk Software (CYBR) 2025 Conference Summary Industry Overview - **Industry**: Cybersecurity, specifically focusing on Identity Security and Privileged Access Management (PAM) [3][6] - **Market Trends**: Increasing attacks on both human and machine identities, with identity being recognized as the primary defense factor against adversaries [3][4][5] Core Company Insights - **Company Positioning**: CyberArk has evolved from traditional PAM to a broader identity security market, capturing significant demand due to the urgency of identity protection [3][5] - **Growth in PAM**: The core PAM market remains vibrant with substantial growth opportunities, particularly in modern use cases and among highly privileged users who are not fully secured [6][7][12] Customer Dynamics - **Customer Demand**: There is robust demand for identity security solutions, with customers increasingly seeking multi-product solutions that address high-priority areas [9][10] - **Expansion Opportunities**: CyberArk has established multi-year roadmaps with strategic customers, allowing for ongoing expansion within existing accounts [11][12] Competitive Landscape - **Emerging Competitors**: Non-traditional identity security players, such as CrowdStrike, are entering the identity space, but CyberArk differentiates itself through a preventative and deterministic approach to identity security [14][15][23] - **Consolidation of Trust**: Customers are looking for trusted vendors to reduce the number of cybersecurity vendors they engage with, emphasizing the importance of a unified identity security platform [20][21] Product Development and Innovation - **Identity Security Platform**: CyberArk is focused on creating a unified user experience across its identity security offerings, which is essential for effective deployment and management [22][19] - **Acquisition of Zillow**: The acquisition aims to enhance CyberArk's Identity Governance and Administration (IGA) capabilities, addressing the need for modern, efficient IGA solutions that integrate with existing identity security frameworks [40][41][44] Machine Identity and AI - **Machine Identity Security**: There is a growing recognition of the security importance of machine identities, with CyberArk positioned to address this need through its solutions [28][29][32] - **AI Integration**: CyberArk is actively working on incorporating AI into its solutions to enhance productivity and security, particularly in managing access to AI systems [34][36][38] Future Opportunities - **Market Potential**: There remains a significant opportunity for CyberArk to secure a large number of unsecured identities, both human and machine, as well as to expand its offerings in the evolving landscape of identity security [54][55] - **Long-term Vision**: The company is optimistic about its growth trajectory, with plans to deepen and broaden its solutions to meet the increasing demands of the market [55][56]

Okta (OKTA -3.22%) has been in rally mode for much of this year, but the stock hit a speed bump when it reported its fiscal 2026 first-quarter results. Despite a 15% drop in its share price since May 27, the stock is still up 35% year to date, as of this writing.Let's take a closer look at the cybersecurity company's most recent results and guidance to see it if can regain its momentum.Solid quarter but cautious outlookIn what has been a pretty common theme of late, Okta shares fell after management issued ...

Okta (OKTA -14.34%) reported its fiscal 2026 first-quarter earnings on May 27, 2025, delivering 12% year-over-year total revenue growth, record profitability, and strong cash flow. Management introduced suite-based pricing, announced accelerating product innovation in both human and nonhuman identity, and issued full-year fiscal 2026 guidance for 9%-10% revenue growth, a 25% adjusted operating margin, and a 27% free cash flow margin. The call highlighted momentum with large enterprises, U.S. public sector w ...

Financial Data and Key Metrics Changes - The company reported solid Q1 results with exceptional cash flow and record operating profitability and profit margin [16] - For Q2 FY '26, total revenue growth is expected to be 10%, with current RPO growth of 10% to 11%, and a non-GAAP operating margin of 26% [20] - For the full year FY '26, total revenue growth is projected at 9% to 10%, with a non-GAAP operating margin of 25% and a free cash flow margin of approximately 27% [20] Business Line Data and Key Metrics Changes - The governance portfolio, including Okta Identity Governance, lifecycle management, and workflows, has seen substantial growth, with workflow executions increasing nearly 400% over the past three years [8] - The Auth0 platform performed well, contributing positively to the overall results, particularly following a record Q4 [16][17] Market Data and Key Metrics Changes - The US public sector vertical has shown strength, with significant deals contributing to Q1 results, including federal contracts [18] - International markets experienced a deceleration compared to the US, but specific details on the impact were not disclosed [34] Company Strategy and Development Direction - The company is focused on product innovation, with new offerings such as Okta Identity Governance and Auth for GenAI, aimed at addressing evolving cyber threats and enhancing security [7][12] - Okta is positioning itself as a leader in identity security, emphasizing the importance of consolidating disparate identity systems for customers [14] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, citing strong customer conversations and the importance of identity solutions in the context of AI projects [26][30] - There is a cautious approach to guidance due to potential macroeconomic uncertainties, although no immediate impacts were observed in Q1 [28][30] Other Important Information - The company is committed to maintaining its investment levels despite a cautious macro outlook, indicating confidence in long-term growth opportunities [110] - The introduction of suite-based pricing for the Okta platform has shown positive results, with customers interested in purchasing multiple products [62] Q&A Session Summary Question: What factors influenced the additional conservatism in guidance? - Management noted that while Q1 results were strong, there is a cautious tone in the environment, prompting a conservative approach in guidance [28][30] Question: Was there any softness in April? - Management confirmed that there was no softness in April, and performance remained solid throughout the quarter [35] Question: How is the go-to-market specialization progressing? - Management reported a solid start to the specialization process, with strong performance in the Auth0 side and pipeline building [41][42] Question: What is the outlook for new logo pipeline in the workforce business? - Management expressed optimism about the new logo pipeline, highlighting the potential of new products to attract new customers [91][92] Question: How should investors interpret the guidance for CRPO? - Management explained that the guidance reflects a cautious approach due to macroeconomic factors, but emphasized that the underlying business remains strong [55][107]

Okta (OKTA) is set to release first-quarter fiscal 2026 results on May 27.For the fiscal first quarter of 2026, Okta anticipates non-GAAP earnings in the range of 76-77 cents per share. Revenues are expected to be in the range of $678-$680 million, indicating growth of 10% from the year-ago period’s reported figure.The Zacks Consensus Estimate for earnings has remained steady at 77 cents per share over the past 30 days, indicating year-over-year growth of 18.46%. The consensus mark for revenues is pegged at ...