Okta Delivers Record Q1 Profitability

Okta (NASDAQ:OKTA) 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 wins, and new products, while also embedding increased macro and go-to-market conservatism into forward guidance.Okta restructured its salesforce in Q1 by further specializing teams into dedicated Okta and Auth0 sellers, building upon prior successful specialization initiatives in the U.S. small- and medium-sized businesses (SMB) and public sector verticals. Results included strong new business performance and large public sector wins. However, management cited anticipated near-term uncertainty in federal contracts due to one-year mandates and a dynamic macroeconomic environment.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool