Okta OKTA
Security Infrastructure Software Enterprise Software B2B SaaS Cybersecurity Mature SaaS

Okta trades at 8.0x EV/NTM revenue on a $26.76B enterprise value. Revenue grew 10.6% year over year to $805.0M in the quarter ending July 2026, an annual run rate of $3.22B. Okta reports net dollar retention of 107%, a 79.6% gross margin, and 53.4-month CAC payback.

ARR ($M)
3172
Net Dollar Retention
107%
ARR Growth
11.5%
EV / NTM Revenue
8.0x
Payback Period
53.4
EV / Run Rate
8.3x
Price & Key Metrics
Price Performance
Company Details
Share Price: 166.23
Last Filing Date: 2026-07-31
Fiscal Year End: 01-31
Last Filing: Form
Founding Year: 2009
IPO Year: 2017
% of 52 wk High: 96%
Description
Okta provides cloud software that helps companies manage their employees' passwords by providing a single sign-on experience.
Categories
Security Infrastructure Software Enterprise Software B2B SaaS Cybersecurity Mature SaaS
Valuation
Market Cap: 29,060.483
Enterprise Value: 26,761.483
EV / Revenue Run Rate: 8.3x
EV / NTM Revenue: 8.0x
EV / 2026 Revenue Estimates: 8.5x
EV / 2027 Revenue Estimates: 7.8x
EV / 2028 Revenue Estimates: 7.0x
Key Business Metrics
Net Dollar Retention: 107%
Customers: --
ARR: 3,172
ARR Growth %: 12%
ARR/Customer ($K): --
ARR/Employee ($K): 482
Revenue
Revenue Run Rate: 3,220
ARR: 3,172
2026 Revenue Estimates: 3,158
2027 Revenue Estimates: 3,438
2028 Revenue Estimates: 3,841
LTM Revenue: 3,073
Last Year Run Rate: 2,912
Growth
Revenue Growth: 11%
ARR Growth: 12%
Growth Persistence: 83%
2026 Revenue Growth Estimates: 10%
2027 Revenue Growth Estimates: 9%
2028 Revenue Growth Estimates: 12%
Financials
Quarterly
Calendar Year
Frequently Asked Questions

How fast is Okta growing?

Okta grew revenue 10.6% year over year, reaching $805.0M in the quarter ending July 2026.

What multiple does Okta trade at?

Okta trades at 8.0x EV/NTM revenue and 8.3x EV/run-rate, on an enterprise value of $26.76B.

Is Okta profitable?

For Okta, operating income was $107.0M last quarter and LTM free cash flow margin is 31.3%.

What is Okta's net dollar retention?

Okta reports net dollar retention of 107%, measuring revenue expansion within its existing customer base.

How long does it take Okta to pay back CAC?

Okta recovers customer acquisition cost in about 53.4 months.

What sector is Okta in?

Public Comps classifies Okta under Security, Infrastructure Software, Enterprise Software, B2B SaaS, Cybersecurity, and Mature SaaS.

Where does Public Comps get Okta's data?

Figures come from Okta's own SEC filings, normalised into a consistent quarterly format and refreshed after each earnings release.