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Okta Sees 12% Revenue Growth Amid AI Opportunities

12/3/2025

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Story summary
  • Okta Inc., a leader in identity and access management, reports 12% revenue growth despite reputational challenges hindering sales.
  • Okta was founded in 2009 and has improved its security posture after past breaches.
  • Todd McKinnon, chief executive officer of Okta, says AI agents represent a future opportunity, though the financial impact remains unclear.
  • Facing competition from Microsoft and an increasingly commoditized identity market, Okta must innovate while integrating AI and advanced security features.