OKTA
Market read
The latest filing evidence is available. 0 of 6 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 6 directly disclosed connections are confirming.
Invalidation: The isolated read changes if OKTA's group or a disclosed connection begins moving with it.
Research brief
The latest filing evidence is available. 0 of 6 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 6 directly disclosed connections are confirming.
Company research
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
“MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (continued) Sales and Marketing Expenses Three Months Ended July 31, 2026 2025 $ Change % Change (dollars in millions) Sales and marketing $ 273 $ 246 $ 27 10 % Percentage o…”10-Q · Aug 27, 2026 ↗
“MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (continued) Sales and Marketing Expenses Three Months Ended July 31, 2026 2025 $ Change % Change (dollars in millions) Sales and marketing $ 273 $ 246 $ 27 10 % Percentage o…”10-Q · Aug 27, 2026 ↗
“Six months ended For the six months ended July 31, 2026, research and development expenses increased due to an increase in labor costs of $21 million and hosting fees of $8 million, offset by a decrease in stock-based compensation expense of $21 million.”10-Q · Aug 27, 2026 ↗
“Interest and Other, Net Three Months Ended July 31, 2026 2025 $ Change % Change (dollars in millions) Interest expense $ — $ (1) $ 1 (68) % Interest income and other, net 19 27 (8) (29) Interest and other, net $ 19 $ 26 $ (7) (27) % Six Months Ended July 31,…”10-Q · Aug 27, 2026 ↗
Valuation discipline
Price/sales 10.2× · EV/sales 9.9×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
Jodie has not returned a relevant primary source or news item for OKTA. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Latest filing assessment · baseline
10-Q filed 2026-05-29 against the comparable filing from 2025-05-28.
“Cost of Revenue, Gross Profit and Gross Margin Three Months Ended April 30, 2026 2025 $ Change % Change (dollars in millions) Cost of revenue: Subscription $ 150 $ 136 $ 14 9 % Professional services and other 20 19 1 6 Total cost of revenue $ 170 $ 155 $ 15 9 % Gross profit $ 595 $ 533 $ 62 12 % Gross margin: Subscription 80 % 80 % Professional services and other (33) (27) Total gross margin 78 % 77 % Three months ended For the three months ended April 30, 2026, cost of subscription revenue increased primarily due to an increase in hosting fees of $8 million and labor costs of $3 million.”
“Sales and Marketing Expenses Three Months Ended April 30, 2026 2025 $ Change % Change (dollars in millions) Sales and marketing $ 278 $ 237 $ 41 18 % Percentage of revenue 36 % 34 % Three months ended For the three months ended April 30, 2026, sales and marketing expenses increased primarily due to increases in labor costs of $30 million, marketing costs of $6 million and travel costs of $3 million, offset by a decrease in stock-based compensation expense of $3 million.”
“This practice reduces our equity dilution rate and impacts liquidity as our cash requirements for these obligations are primarily driven by the market price of our Class A common stock at the time of vesting.”
Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.
Business ecosystem
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depended on by
“We offer more than 1,500 pre-built integrations with leading enterprise technology providers, including Adobe, Apple, Cisco, CrowdStrike, Google, Guidewire, IBM, Microsoft, Okta, Oracle-NetSuite, Palo Alto Networks, Salesforce, ServiceNow, Slack, USDM, Workda…”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 5 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
OKTA is currently a Leader in the organic co-movement group Cybersecurity Software. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.
Context history
No durable theme membership has been observed for this name yet.