NASDAQ$OKTA
Okta Inc · Q2 2026 earnings
Q2 2026 earnings · · After market close · Investor relations
Briefing
Okta reported Q2 fiscal 2026 revenue of $728M with continued growth in customer identity cloud adoption.
Total revenue was $728 million for the quarter ended July 31, 2025, as enterprises consolidated identity and access management on Okta's platform. The company balances growth investments with path-to-profitability metrics while expanding Auth0 and workforce identity suites.
- Q2 revenue $728M.
- Identity security demand supports platform consolidation.
- Large-customer retention and upsell remain focal.
- Operating leverage and SBC affect GAAP margins.
- FedRAMP and enterprise deals support pipeline.
Headline financials
Revenue & EPS history
Okta · Revenue · Quarterly
$728M
Revenue by segment
Okta · $765M total across 2 segments · Q1 2027
- Subscription$750M—98.0%
- Professional services and other$15M—2.0%
Forward guidance
The filing discusses Okta's outlook, capital allocation, and key risks for upcoming quarters, including guidance ranges or operating priorities where disclosed.
Tailwinds
- Platform adoption, ARR, and enterprise deal pipelines support growth.
- Okta cites demand and execution supporting the near-term outlook.
- Liquidity and balance-sheet capacity support operations and shareholder returns.
Headwinds
- Macro, input costs, and FX may pressure margins quarter to quarter.
- Segment mix and one-time items can affect comparability versus prior periods.
- Stock-based compensation and competitive pricing affect GAAP earnings.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2026
+3.0%
Avg return
Earnings day
+2.3%
Avg return
5 days after
+0.4%
Avg return
30 days after
59%
22 / 37 earnings
Positive
+31.6%
Q3 2023
Best reaction
-33.5%
Q2 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2027 | +30.0% | +31.6% | — | |
| Q4 2026 | +11.0% | +11.0% | +11.8% | |
| Q3 2026 | +5.3% | +6.6% | +2.2% | |
| Q2 2026 | +1.4% | +1.3% | -0.4% | |
| Q1 2026 | -16.1% | -16.5% | -21.6% | |
| Q4 2025 | +24.3% | +29.0% | +15.0% | |
| Q3 2025 | +6.5% | +4.9% | -2.5% | |
| Q2 2025 | -18.0% | -18.8% | -23.7% | |
| Q1 2025 | -7.6% | -8.0% | -2.6% | |
| Q4 2024 | +23.5% | +25.7% | +20.4% | |
| Q3 2024 | -7.7% | -0.2% | +24.7% | |
| Q2 2024 | +16.2% | +19.9% | +13.4% | |
| Q1 2024 | -17.1% | -20.1% | -23.0% | |
| Q4 2023 | +13.5% | +18.0% | +21.0% | |
| Q3 2023 | +31.6% | +20.9% | +33.3% | |
| Q2 2023 | -33.5% | -29.1% | -37.6% | |
| Q1 2023 | +16.5% | +18.1% | +13.7% | |
| Q4 2022 | -8.8% | -16.2% | -19.2% | |
| Q3 2022 | +2.8% | +1.2% | +4.2% | |
| Q2 2022 | +3.1% | +2.6% | -9.7% | |
| Q1 2022 | -8.9% | -8.9% | +0.8% | |
| Q4 2021 | -12.7% | -19.5% | -11.3% | |
| Q3 2021 | +2.3% | +3.8% | +7.3% | |
| Q2 2021 | -7.2% | +0.2% | -3.5% | |
| Q1 2021 | +9.0% | +11.3% | +13.4% | |
| Q4 2020 | -4.1% | -9.2% | -9.4% | |
| Q3 2020 | -2.9% | -1.8% | -2.9% | |
| Q2 2020 | -5.8% | -6.3% | -28.1% | |
| Q1 2020 | +7.3% | +8.1% | +17.1% | |
| Q4 2019 | -1.9% | +0.8% | +8.6% | |
| Q3 2019 | +10.4% | +6.4% | +4.1% | |
| Q2 2019 | +20.1% | +21.7% | +8.7% | |
| Q1 2019 | -6.8% | -5.4% | -3.7% | |
| Q4 2018 | +11.5% | +3.8% | +1.1% | |
| Q3 2018 | +2.9% | -6.6% | -6.4% | |
| Q2 2018 | +12.1% | +8.8% | +3.6% | |
| Q1 2018 | +9.3% | -4.2% | -5.8% | |
| Q4 2017 | — | — | — | |
| Q3 2017 | — | — | — | |
| Q2 2016 | — | — | — | |
| Q1 2016 | — | — | — | |
| Q4 2015 | — | — | — | |
| Q3 2015 | — | — | — |
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